CNNMoney.com - Latest Comments in Outlook gloomy for August jobs report

Re: Outlook gloomy for August jobs report

economy2012 — Thu, 27 Sep 2012 16:47:32 -0000

Correction 53% ought to be 47% I got it mixed up.

Re: Outlook gloomy for August jobs report

economy2012 — Thu, 27 Sep 2012 16:45:00 -0000

What an absolute joke of an article. Its a poor attempt to scrub the job losses that Obama and his democratic controlled congress fostered for the last 4 years. We went from 5.5% average unemployment from 2001-2008 (that includes the jump to 7% at the end of 2008 remember I am talking yearly average). Under Obama we went from 7% to a whopping 10% loss of jobs per month at one point. Now that its back to 8% democrats are crowing that happy days are here again. Here is the problem. When Obama was elected employers got scared and shed jobs at a 3% rate (it jumped from 7% to 10%). That was BEFORE Obamacare passed. Say Obama is re-elected. That would mean Obamacare has no chance of being struck down. In other words we might see employers shed jobs just so they can hire people back as temps and drop their employee benefits. What kind of loss will that incur? 3% or 5% maybe even 10%??? We could be looking at 21% unemployment by the time Obamacare fully takes effect. Remember there is nothing in the 2000 or so pages of Obamacare that requires employers to provide health insurance to a part-time temp that works for an agency or someone who's job is outsourced to Bangalore, India. Have you noticed Indian looking consultants meeting with your employers? I have just this week. It doesnt bode well. Romney may be our only chance to save our skin or the 53% may turn into the 90% in a matter of a couple of years. To say nothing of the lack of demand for products in general. People with less money to spend (since they are required to buy health insurance now) is an approaching death-knell to U.S. business in a way the world has never imagined. Even a temp or a consultant will be required to carry health insurance now. That means employers will gladly pass the costs on to those agencies or simply offshore our jobs. Their shrinking bottom line and us fighting globally in the global economy for the same nickels of profit demand it. Want to blame something? Blame NAFTA. Blame the World Trade Organization. Just another bad GOP idea like Obamacare that never should have become a law. You see the democrats know all this. Thats why they passed these abysmal laws to control and enslave us all to the government. They breed this chaos as they want to control the purse strings of those dependent on government. When democrats said never let a good crisis go to waste we did not see the evil in their underlying statements and many of us still dont.

Re: Outlook gloomy for August jobs report

Howdy2yall — Fri, 07 Sep 2012 05:42:17 -0000

As Richard Dawson used to scream ... "Survey SAYS ! ? ! ? "

Re: Outlook gloomy for August jobs report

Brian Goodwin — Thu, 06 Sep 2012 23:48:24 -0000

The Dow is bubbling because of Fed stimulus. Compare the Dow to the price of gold and it hasn't moved much.

Re: Outlook gloomy for August jobs report

$26739833 — Thu, 06 Sep 2012 23:24:07 -0000

Reagan's economy added over 1 million jobs in the september before his reelection... will obama ad nearly that much? No, he's failed

Re: Outlook gloomy for August jobs report

2tor — Thu, 06 Sep 2012 17:50:04 -0000

Nothing's changed. Most of the people that brought you those policies are still there. One man, as you all say, did not bring us down. 500 other lawmakers did.

Re: Outlook gloomy for August jobs report

2tor — Thu, 06 Sep 2012 17:48:47 -0000

We know.

Re: Outlook gloomy for August jobs report

2tor — Thu, 06 Sep 2012 17:48:13 -0000

It's a net loss, nothing's been added.

Re: Outlook gloomy for August jobs report

2tor — Thu, 06 Sep 2012 17:47:43 -0000

Really, Slow growth as you call it, is down 400k jobs since Bus left office. Shame you live on emotions, instead of truth.

Re: Outlook gloomy for August jobs report

2tor — Thu, 06 Sep 2012 17:46:12 -0000

Hahaha, thanks for the giggles!

Re: Outlook gloomy for August jobs report

TogaShark — Thu, 06 Sep 2012 12:26:15 -0000

There is no slow growth. Those were the jobs added. There is no mention of the jobs lost.

Re: Outlook gloomy for August jobs report

Terry — Thu, 06 Sep 2012 11:04:19 -0000

With Oblammer, it has been one excuse after another. Admit it, he is a horrific and costly failure. He must go and will go back to Chicago in 2013.

Re: Outlook gloomy for August jobs report

DM0009 — Thu, 06 Sep 2012 10:45:43 -0000

Look at the Frank Dodd bill that destroyed housing and banking. It was a democratic bill!!!

Re: Outlook gloomy for August jobs report

DM0009 — Thu, 06 Sep 2012 10:44:59 -0000

Daaaaah. I wonder if it is the mounting deficits and debt? Or the unfriendly business climate under Obama?

Re: Outlook gloomy for August jobs report

NoNameWorker — Thu, 06 Sep 2012 10:40:56 -0000

Yea your fellow Americans are just lazy unwilling workers. People who just sit around waiting for a hand out.

They have way too much of everything and need to be brought down a peg or two. Everyone knows there are plenty of jobs out there you just have to be a willing worker!

Those lazy fat Americans demand to make way to much money and as long as they can make big bucks on unemployment they are not willing to work for the global hourly rate of 40 cents an hour.

Yea if we cut them off food stamps and unemployment soon they and their kids will be hungry enough to take the work available at the offered rate of pay.

This is how you get willing workers out of useless feeders or should I say consumer, starve them expose them to the elements, then they will work for their food at the price offered.

Re: Outlook gloomy for August jobs report

hesaidwhat2 — Thu, 06 Sep 2012 10:10:31 -0000

Can't you make up your own lies instead of borrowing discredited GOP talking points?

Re: Outlook gloomy for August jobs report

hesaidwhat2 — Thu, 06 Sep 2012 10:05:12 -0000

Beats the heck out of the Bush disaster he inherited. I'll take slow growth over runaway collapse.

Re: Outlook gloomy for August jobs report

hesaidwhat2 — Thu, 06 Sep 2012 10:03:53 -0000

Of course. The ONLY goal of the GOP since 2008 is to get Obama out, no matter the cost to the country.

Re: Outlook gloomy for August jobs report

Jeagan1999 — Thu, 06 Sep 2012 09:59:26 -0000

Not really...the highest that unemployment hit between 2002 and 2004 was 6.3% in June of 2003....2 full points lower than it is today....and by the end of the year (Dec 2003) it was back down to 5.7 %. 2004 saw some extremely low unemployment rates and we ended the year (2004) with an annual unemployment rate of just 5.4%.

What else you got???

Re: Outlook gloomy for August jobs report

willie12345 — Thu, 06 Sep 2012 09:46:01 -0000

"Just pay no mind to restaurant and shopping mall parking lots the last 4 years." ????? Is that suppose to impress the 23 million unemployed ?

Re: Outlook gloomy for August jobs report

harrison22 — Thu, 06 Sep 2012 09:36:28 -0000

Of course the outlook is gloomy. The CEOs and board members who own the GOP puppets intentionally want the economy to look bad and are firing thousands of people at a time to achieve that end.

Re: Outlook gloomy for August jobs report

mpcjunkie — Thu, 06 Sep 2012 09:36:09 -0000

are we blaming Bush or Obama. I'm getting confused on who's to blame.

Re: Outlook gloomy for August jobs report

Alan Zanabria — Thu, 06 Sep 2012 09:33:54 -0000

What policies got us into this mess ask one of the posters? Where have you been all these years? Haven't heard of Iraq, Afghanistan, huge tax cuts? Please, be objective if you want to look smart.
The biggest talking point of Republicans is the 16 trillion dollars debt, and they want to make it look like it is Obama's fault. Obama's administration added a lot to the already skyrocketing debt he inherited but if he does not sign the stimulus things would be now much worse that it was in 2008-2009 and republicans would then complaining because he did not sign the stimulus.

Re: Outlook gloomy for August jobs report

wolfpackbob — Thu, 06 Sep 2012 09:28:13 -0000

Yesterday's CNN Fact Check. Yes, CNN's Fact Check. There are fewer people working today than when President Obama took office.

Re: Outlook gloomy for August jobs report

InDeepEndnt — Thu, 06 Sep 2012 09:23:09 -0000

Kiss Medicare good-bye? Good riddance! Let's replace it with something that actually stays solvent. What's Obama doing about the looming bankruptcy of SS and Medicare? Let me guess, that tax raise on the rich is going to pay for that too?