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US economic recovery is complete. pt 2

Discussions about the economic and financial ramifications of hydrocarbon depletion.

Re: US economic recovery is complete. pt 2

Unread postby OilFinder2 » Fri 07 Oct 2011, 11:33:22

Speaking of contraction ... Uh oh ... OOPS!!!.
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Re: US economic recovery is complete. pt 2

Unread postby vision-master » Fri 07 Oct 2011, 11:35:40

What ever happen to that song ' the shill is gone'. :lol:
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Re: US economic recovery is complete. pt 2

Unread postby OilFinder2 » Fri 07 Oct 2011, 16:12:14

Daniel_Plainview wrote:103,000 print
-45,000 Verizon strikers returning
-150,000 jobs needed for new entrants
________
-92,000

That's 92,000 jobs needed just to BREAK EVEN ...

Image

Household survey says 398,000 newly employed people in September even after 331,000 added in August. 423,000 added to labor force, labor force participation rate rises.

Image
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Re: US economic recovery is complete. pt 2

Unread postby Cog » Fri 07 Oct 2011, 17:52:36

vision-master wrote:What ever happen to that song ' the shill is gone'. :lol:


You are still here so the shill is definitely not gone.
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Re: US economic recovery is complete. pt 2

Unread postby vision-master » Sun 09 Oct 2011, 15:52:40

Rag Head..... :)
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Xaniltevaisa 1

Unread postby RIcodiacrina » Sun 09 Oct 2011, 21:20:48

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Re: US economic recovery is complete. pt 2

Unread postby peripato » Mon 10 Oct 2011, 08:44:12

Daniel_Plainview wrote:Jobless Rate Remains Stuck at 9.1%
For a third straight month, President Obama faces a 9.1% percent unemployment rate. The Labor Department reported this morning that employers added 103,000 jobs in September, but sluggish growth kept the unemployment rate at 9.1%. ...

103,000 print
-45,000 Verizon strikers returning
-150,000 jobs needed for new entrants
________
-92,000 That's 92,000 jobs needed just to BREAK EVEN. And once you break even, then you can grow. Meanwhile, it looks like Obama needs another census ...

Image

Daniel, I cannot believe this thread IS STILL AROUND! Jobless claims remain stuck at more or less 400,000 per month (usually more) for the past 6 months, which means NO NET JOBS have been created in all that time. NONE. This despite the economy being officially in "recovery" for the past two years. The Zombie banks, in fact the crumbling wider economy, is being backstopped by raft upon raft of stimulus packages and bailouts which are paid for by money printed out of thin air. All this is shouldered by and large by weary US taxpayers who have no hope of ever making good on it, because they are broke and increasingly don't have well paying jobs any longer. All thanks to those same Zombie banks - aided and abetted by government.

"You wan't fries with that?"
Last edited by peripato on Mon 10 Oct 2011, 08:55:02, edited 1 time in total.
"Don’t panic, Wall St. is safe!"
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