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Author Topic: Hopefully this is the beginning of the end (of the recession)  (Read 448 times)

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Offline Conan The Librarian

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Hopefully this is the beginning of the end (of the recession)
« on: December 02, 2011, 05:15:50 AM »
Pretty encouraging news about employment today. I know, about half of it was people giving up looking, but there does seem to be a trend toward higher employment, at least in some fields. Maybe it had to do with seasonal hiring too. I didn't see that written about, but it would make a lot of sense.
 
Being a cynic about politics, though, I wouldn't be surprised to know that it's just somebody cooking the numbers to get the number down to 8 by presidential election. I'll bet that's a factor too.
 
I sure know a lot of people that gave up looking. The guys that worked on my house last summer all said they had a hard time finding people to work because they could make more on unemployment that working. One guy I know that took the 99 weeks of unemployment called it "bliss". He could make ends meet and didn't have to work.
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Offline blind ear

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #1 on: December 02, 2011, 11:41:38 AM »
The recession won't be over until paper values have fallen (deflated) to a real relative assessed value (market price) range near the real value, what the property will produce in income or the debt payment that can be serviced by the debt holder (borrower). A depression has always been required to reach that point. Get ready, hang on, it still hasn't happened. Not even close. ear
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Offline mechanic

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #2 on: December 02, 2011, 01:29:20 PM »
Quote from: blind ear on December 02, 2011, 11:41:38 AM
The recession won't be over until paper values have fallen (deflated) to a real relative assessed value (market price) range near the real value, what the property will produce in income or the debt payment that can be serviced by the debt holder (borrower). A depression has always been required to reach that point. Get ready, hang on, it still hasn't happened. Not even close. ear

And we have a lot of debt to pay back from all the gov. spending, a debt that would take all our GDP and still not be paid.  There will be a default.  Our income to debt ratio is worse than Italy or Greece, and we're giving them advice.
 
Ben
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Offline bulletstuffer

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #3 on: December 02, 2011, 01:42:16 PM »
You guys are depressing...but unfortunately I think you are all right.  It's that reality sucks thing.  I made a comment on the sense of evil thread a while back and still think we could be in for some nasty stuff ahead.
 
Keep your fingers crossed for our Country!
 
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Offline jimster

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #4 on: December 02, 2011, 01:55:41 PM »
I'm not so sure, they were reporting on a couple stations tonight that yes...120,000 new jobs, but also reported 315,000 people are now out of the market, off the unemployment books because benefits ran out, or stopped looking. 
Probably this news is coming from the government, when people run out of unemployment benefits and still no job, they use that to get their numbers.  Michigan uses that method to measure unemployment too.  Things are really picking up in Detroit eh?
Figures can lie, and liars can figure.  They are good at it.  Hey, I wonder if this recovery is as good as the big Biden recovery summer?  They had some impressive numbers there too didn't they?  All made up...
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Offline guzzijohn

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #5 on: December 02, 2011, 01:56:32 PM »
This is so why we need a Reagan type of candidate at this time. Reagan had some good ideas but the best thing he did was being able to change the American population's attitudes from pessimistic to optimistic which than fed on itself for the better.
GuzziJohn
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Offline jimster

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #6 on: December 02, 2011, 02:25:57 PM »
Quote from: guzzijohn on December 02, 2011, 01:56:32 PM
This is so why we need a Reagan type of candidate at this time. Reagan had some good ideas but the best thing he did was being able to change the American population's attitudes from pessimistic to optimistic which than fed on itself for the better.
GuzziJohn
I agree.  Somehow he made people move on their own.  He might have been the last the person I remember who tried to tell the people they can do it themselves.  The one we have now tells them he will have government fix it all for them.  If only those two or three mean old republicans in congress would let him.   ;D
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Offline Hit or Miss

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #7 on: December 02, 2011, 03:23:21 PM »
Sorry to poop on the parade but......  The .gov is in charge of those number!  Recession, hah.  This is mild to what I think we'll see in the future.  15 trillion in debt......7 billion world population......shrinking natural resources.......OVER 50% of the US population paying no taxes to support the ones who won't work........it all adds up to a complete disaster for us (as far as I can see).  We've lived the "good old days", our kids and grandkids are the ones who will really suffer for it.


I deal with folks who would hire workers every day, they just can't find someone who wants to.  I think we'll be facing really tough times in the coming years, I just don't know how long THEY can keep stringing everything along like nothing much is wrong.     


Sorry for the doom and gloom, it's just the way I see it right now. 
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Offline scootrd

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #8 on: December 02, 2011, 03:31:23 PM »
Quote from: jimster on December 02, 2011, 01:55:41 PM
I'm not so sure, they were reporting on a couple stations tonight that yes...120,000 new jobs, but also reported 315,000 people are now out of the market, off the unemployment books because benefits ran out, or stopped looking. 
Probably this news is coming from the government, when people run out of unemployment benefits and still no job, they use that to get their numbers.  Michigan uses that method to measure unemployment too.  Things are really picking up in Detroit eh?
Figures can lie, and liars can figure.  They are good at it.  Hey, I wonder if this recovery is as good as the big Biden recovery summer?  They had some impressive numbers there too didn't they?  All made up...

My guess is just seasonal Christmas employment Jobs skewing the numbers
Trickle down economics has never worked and never will.
Jobs are all heading overseas ... and no they will not be coming back.
We use to manufacture things here in America now we are just consumers of other countries products.
We are fast becoming a land of service industry low wage jobs only.
How can the economy be jump started when most do not have any descrtionary cash to spend.
Most are barely making end meet just providing for the basic needs and necessities of their families.

Sorry just the way I see it.
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Offline blind ear

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #9 on: December 02, 2011, 05:12:41 PM »
Quote from: Hit or Miss on December 02, 2011, 03:23:21 PM
Sorry to poop on the parade but......  The .gov is in charge of those number!  Recession, hah.  This is mild to what I think we'll see in the future.  15 trillion in debt......7 billion world population......shrinking natural resources.......OVER 50% of the US population paying no taxes to support the ones who won't work........it all adds up to a complete disaster for us (as far as I can see).  We've lived the "good old days", our kids and grandkids are the ones who will really suffer for it.


I deal with folks who would hire workers every day, they just can't find someone who wants to.  I think we'll be facing really tough times in the coming years, I just don't know how long THEY can keep stringing everything along like nothing much is wrong.     


Sorry for the doom and gloom, it's just the way I see it right now.

ditto, ditto, ditto, ear
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Offline magooch

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #10 on: December 03, 2011, 03:08:32 AM »
As Ronald Reagan said, the recovery begins when the Dumycrats are out of power.  Okay, I know that isn't exactly what he said, but it's close enough.  Undoubtedly there are some lean times ahead for some folks, but I still believe that one place to start is to expel all the illegals--and I mean all of them and their kids.
 
It is going to seem draconian by some, but the endless unemployment benefits must be curtailed.  There has to be some incentive for folks to go find a job.
 
I know employers who would hire good workers in a minute, but good ones aren't that easy to find.  Far too many are on drugs, or in some kind of recovery program.  Most have no experience, or training and those few who do are looking for something that pays more than the jobs that are available.
 
I also believe that Obama and the Dumycrats reaped what they soughed.  The whole country was the victim of their relentless talking  down of the economy in the last Presidential campaign.  They (we) got exactly what they were preaching.  Republicans and conservatives had better be careful that they don't do the same thing.
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Offline bilmac

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #11 on: December 03, 2011, 06:03:52 AM »
I think every post here is correct. We know what the problems are, we know that things are going the wrong way and the future is bleak, and we know what needs to be done to fix the problem. Now all we need is the political will to elect those who will take the bull by the horns.
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Offline m-g Willy

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #12 on: December 03, 2011, 01:37:40 PM »
UNEMPLOYMENT WILL REALLY DROP AFTER 12-31-11.
That's when all the extensions run out.
No one will be working but they won't be filing claims.
obama can sing all he wants about the drop in unemployment but it doesn't change the fact that more and more people are out of work.
The only new claims will be people that was working and there is mighty few of them.
Unemployment numbers will drop as the homeless rate rises!
 
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Offline Empty Quiver

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #13 on: December 03, 2011, 02:23:36 PM »
I want to believe too. But, ever since the whole Santa Clause thing, I'm jaded.
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Offline blind ear

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Re: Hopefully this is the beginning of the end (of the recession)
« Reply #14 on: December 03, 2011, 02:30:57 PM »
A sophmore high school ecconomics book from 40 years ago and the history of ecconomic cycles prety much tell the story, graph included. ear
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“It is no coincidence that the century of total war coincided with the century of central banking.” – Ron Paul, End the Fed
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An economic crash like the one of the 1920s is the only thing that will get the US off of the road to Socialism that we are on and give our children a chance at a future with freedom and possibility of economic success.
-
everyone hears but very few see. (I can't see either, I'm not on the corporate board making rules that sound exactly the opposite of what they mean, plus loopholes) ear
"I have seen the enemy and I think it's us." POGO
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