ext_36450 ([identity profile] underlankers.livejournal.com) wrote in [community profile] talkpolitics2011-03-04 01:11 pm
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More economic recovery:

http://www.bbc.co.uk/news/business-12648347

 

The US unemployment rate fell slightly to 8.9% in February, down from 9% the month before.

It is the third month in a row that the jobless rate has fallen, with February's figure marking a near two-year low.

Employers added 192,000 jobs last month, the US Labor Department said, above market expectations.

Paul O'Neill, former US Treasury Secretary, described the data as "very positive".

A Labor Department statement said that most job gains were in manufacturing, construction, business services and transport.

State and local government slashed 30,000 jobs, the most since November as budget cuts continue to bite.

The data showed that the jobless rate for adult men was 8.7%, for adult women 8%, and for teenagers 23.9%.

The unemployment rate has come down from 9.8% in November.

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I'll be the first to admit that this is not what the Obama Administration predicted or really wanted when they wanted unemployment to stay where it was when they were inaugurated. However looking at this, the unemployment figures appear to be showing more, and more effective, growth since the Administration's stimulus package has gone into effect. It makes me curious in fact whether or not a larger stimulus package would have had more effect. What do you guys think?

[identity profile] badlydrawnjeff.livejournal.com 2011-03-04 09:32 pm (UTC)(link)
the unemployment figures appear to be showing more, and more effective, growth since the Administration's stimulus package has gone into effect.

Don't you mean after the stimulus ended?

It doesn't seem surprising to me at all that the stimulus spending itself is essentially done, and now we're seeing hiring now that those projects aren't getting in the way anymore.

[identity profile] devil-ad-vocate.livejournal.com 2011-03-04 10:00 pm (UTC)(link)
And the Whiskey Rebellion was a commie plot to increase federal power.

[identity profile] badlydrawnjeff.livejournal.com 2011-03-04 10:18 pm (UTC)(link)
I don't go that far on Hoover.

[identity profile] badlydrawnjeff.livejournal.com 2011-03-04 10:36 pm (UTC)(link)
You mean why would two fascists go after a third? Because they both had something to gain in keeping Hitler and the Axis powers out of power.

[identity profile] badlydrawnjeff.livejournal.com 2011-03-04 10:42 pm (UTC)(link)
Communist-types don't usually realize the fascism they espouse. I'm sure FDR didn't view himself as a fascist either, even though Mussolini did.

[identity profile] badlydrawnjeff.livejournal.com 2011-03-04 10:45 pm (UTC)(link)
You really think they're reasonable comparisons? I mean, I know you don't want to accept FDR's fascism, but this is a bit stupid.

[identity profile] badlydrawnjeff.livejournal.com 2011-03-04 11:03 pm (UTC)(link)
And there are liberals who don't think Obama's a liberal. That doesn't make a) the liberals not liberals or b) Obama something other than a liberal.

Ideologies can disagree about each other.

[identity profile] badlydrawnjeff.livejournal.com 2011-03-04 11:02 pm (UTC)(link)
I won't disagree about either of them overall, to be perfectly honest. I haven't really studied Jackson in that context, so I hesitate to go too far down that rabbit hole, but Lincoln I don't have too much problem with.

[identity profile] badlydrawnjeff.livejournal.com 2011-03-05 01:32 am (UTC)(link)
So the Republicans in the Civil War were fascists who defeated the equally fascist Plantocracy in the Confederacy

Not equally fascist, but differently so. It works out pretty well as a great example, though - fascists enjoy power, and the fight in both cases had to do with, well, you guessed it - power.

I'm not sure a regime exists that isn't fascist to some degree. But there's definitely a level of tolerance for it that appears to be more flexible the further leftward one slides down the scale.

(no subject)

[identity profile] rasilio.livejournal.com - 2011-03-05 04:35 (UTC) - Expand

[identity profile] usekh.livejournal.com 2011-03-05 12:31 am (UTC)(link)
Just think of Jeff as your garden variety religious fundamentalist nutcase. Only instead of god he blindly worships the free market and his interpretation of the US Constitution. It makes understanding him much easier.

[identity profile] badlydrawnjeff.livejournal.com 2011-03-05 09:52 pm (UTC)(link)
Religious fundamentalists don't put nearly as much thought into things.