New Unemployment Claims Rise "Unexpectedly"

[guido911]

Why do guido and gaspar relish in posting as much bad news as possible?

Do they hate America?

Oh that's right, I hate America. Put your head back in the sand and think happy thoughts.

[Cats Cats Cats]

The "unemployment" filings can increase during a recovery because more people file and look for jobs.  If they have gone a long time without work they often give up going.

[Cats Cats Cats]

I didn't expect it.  I thought the Stimulus's worked.  I thought we had pulled out of the recession.

This can't be.

Wow! I am so surprised.  I figured the 19% growth in government and the promise of new regulations on private industry would cause a boom in employment.

Crap!

I thought that a trillion new dollars in debt burden and an estimated 12 trillion over the next 10 years would really perk us up and get the wheels of industry rolling.

It will really be a surprise if they tell me that we are going to experience some significant inflation over the next few years.  That will completely take me off-guard.

Perhaps, if we create a Blue Ribbon panel to study this and propose additional regulations, we can get back on track?

What is the budget for 2010?  I read it was about 2% higher than last years.  But that might have been changed.

[Cats Cats Cats]

This can't be.

Wow! I am so surprised.  I figured the 19% growth in government and the promise of new regulations on private industry would cause a boom in employment.

http://www.cbo.gov/ftpdocs/108xx/doc10871/historicaltables.pdf

Year   Government Outlays
2008  2,982.6

http://www.cbo.gov/ftpdocs/108xx/doc10871/economicprojections.pdf

2009 Actual 3,518
2010 Projected 3,524

You were right it was 18%.

Of course 350 billion of that was stimulus money that BUSH chose to put off until 2009 (And I agree with him).
Bush goes ahead and spends that 350 billion that he signed for and approved and 2008 is at 3,332.6 and 2009 would be at 3168.

However, 2010 would still be 3524 so its 18% no matter what.

[Gaspar]

America hater.

Love your country but fear its government.    Regulation has the ability to produce nothing.  The natural evolution of government is to assume the responsibilities of the governed.  This cannot be stopped, but it can be slowed.  With each slouching step, liberty and prosperity are diminished.  Economic growth is traded for false security. 

This administration is demonizing the producers and that is a very dangerous path to take.

It is much cheaper and enormously more profitable for the special interests to purchase the regulatory favors of Washington's political harlots than to compete in a fair, unsubsidized markeplace. – Lee Robinson

[we vs us]

Love your country but fear its government.    Regulation has the ability to produce nothing.  The natural evolution of government is to assume the responsibilities of the governed.  This cannot be stopped, but it can be slowed.  With each slouching step, liberty and prosperity are diminished.  Economic growth is traded for false security. 

This administration is demonizing the producers and that is a very dangerous path to take.

It is much cheaper and enormously more profitable for the special interests to purchase the regulatory favors of Washington's political harlots than to compete in a fair, unsubsidized markeplace. – Lee Robinson

Help me again with this "producers" thing.  I really want to know specifically what it means.

[Gaspar]

Help me again with this "producers" thing.  I really want to know specifically what it means.

Not really that hard. . . Here, I have a dictionary on my desk. . .

–noun {pruh-doo-ser}
1. a person who produces.
2. Economics. a person who creates economic value, or produces goods and services.

[we vs us]

Not really that hard. . . Here, I have a dictionary on my desk. . .

–noun {pruh-doo-ser}
1. a person who produces.
2. Economics. a person who creates economic value, or produces goods and services.

But it can't be that simple.  In another thread you labeled Jon Stewart as "not a producer," and I'm genuinely curious what makes him "not a producer" in your book, since, based on the above definition, he's in actuality a producer of a profitable television show. 

[rwarn17588]

But it can't be that simple.  In another thread you labeled Jon Stewart as "not a producer," and I'm genuinely curious what makes him "not a producer" in your book, since, based on the above definition, he's in actuality a producer of a profitable television show. 

Now, now ... don't you know that moving the goalposts is allowed? 

[Conan71]

I can think of some mayoral staff members who should be added to the U/E line.

[guido911]

At the risk of being accused of hating America, jobless claims rose "unexpectedly" last week:

http://www.reuters.com/article/idUSTRE65G2D720100617?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+reuters/businessNews+%28News+/+US+/+Business+News%29&utm_content=Twitter

[RecycleMichael]

I don't remember you posting any bad news about America's economy until Obama became President. Now it seems that is all you post.

I guess you just started hating America when your party lost elections.

[guido911]

I don't remember you posting any bad news about America's economy until Obama became President. Now it seems that is all you post.

I guess you just started hating America when your party lost elections.

And when did you start loving America? When your party won an election?

Edited to add:  I was in service in part during Clinton's presidency. I had no problem with that. How about you?

[RecycleMichael]

Why do you feel compelled to constantly post bad economic news? Why do you start threads about any Democrat who has any trouble (including divorce)?

You just want to focus on the negatives, especially when you believe it hurts Democrats.

[guido911]

Why do you feel compelled to constantly post bad economic news? Why do you start threads about any Democrat who has any trouble (including divorce)?

You just want to focus on the negatives, especially when you believe it hurts Democrats.

RM, go to my very first post in this thread when I introduced this thread and again I believe on page 2. My point is not about pointing out bad news (that's your take). My point is that I am tired of this "expected"/"unexpected" crap from economists who apparently are unaware that we are in a recession (although I did tease a little about stimulus failure and Reid's insipid "only 36,000 people lost their jobs" crap). Try to know a little about the thread before calling someone an America hater.