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black employment for july-am i reading this right?
- Thread starter Greed
- Start date
I agree with the statement above, except, it should have also included Libertarians, as well.
How about you two start with putting black people over Democrats? You're obviously not advanced enough yet to include any extra parties.
Actually, I think people stand superior to ANY political party, hence, I don't care for any of them. I vote for individuals whom I think would be best, given the situation -- which is why I've voted for many republicans.
So what's with your love for the Libertarian and Tea Parties ???
I'm sure that's worked out great for you.
You tell me since my love for the Libertarian and Tea Parties only exist in your post about my love for the Libertarian and Tea Parties.
Re: Are We Really Celebrating A Decline In Black Unemployment From 13.0% To 12.9%?
Actually, its tended to work out pretty well for me and those in my employ as well, thank you.
You made clear your feelings about the democratic and republican parties, but when given the obvious opportunity to do the same with respect to the libertarian and tea parties, you passed. Go figure.
Actually, its tended to work out pretty well for me and those in my employ as well, thank you.
You made clear your feelings about the democratic and republican parties, but when given the obvious opportunity to do the same with respect to the libertarian and tea parties, you passed. Go figure.
Typical Greed prevarication.
Re: Are We Really Celebrating A Decline In Black Unemployment From 13.0% To 12.9%?
Name the policy implemented by the Libertarian Party? The Tea Party isn't even a political party. Your random anger at everyone, but the parties in power, is a waste of time.
How has it worked out for everyone else, like the class of people talked about in this thread?
What power does anyone other than the Republican and Democrats have?
Name the policy implemented by the Libertarian Party? The Tea Party isn't even a political party. Your random anger at everyone, but the parties in power, is a waste of time.
Re: Are We Really Celebrating A Decline In Black Unemployment From 13.0% To 12.9%?
source: Business Insider
S&P: The Shutdown Took $24 Billion Out Of The US Economy
The S&P has cut the annualized U.S. growth view closer to 2% from 3%, Bloomberg is reporting.
The ratings agency — which recognizes the Senate deal will be approved — says that the shutdown has taken $24 billion out of the economy and cut 0.6% off of yearly fourth quarter GDP growth.
"If people are afraid that the government policy brinkmanship will resurface again, and with it the risk of another shutdown or worse, they'll remain afraid to open up their checkbooks. That points to another Humbug holiday season," S&P wrote in a release.
They also said the impact of the debt ceiling is getting worse by the day for the U.S. economy.
Here's the full release:
source: Business Insider
S&P: The Shutdown Took $24 Billion Out Of The US Economy
The S&P has cut the annualized U.S. growth view closer to 2% from 3%, Bloomberg is reporting.
The ratings agency — which recognizes the Senate deal will be approved — says that the shutdown has taken $24 billion out of the economy and cut 0.6% off of yearly fourth quarter GDP growth.
"If people are afraid that the government policy brinkmanship will resurface again, and with it the risk of another shutdown or worse, they'll remain afraid to open up their checkbooks. That points to another Humbug holiday season," S&P wrote in a release.
They also said the impact of the debt ceiling is getting worse by the day for the U.S. economy.
Here's the full release:
NEW YORK (Standard & Poor's) Oct. 16, 2013--The U.S. government has been shut down for more than two weeks. Earlier today, Senate leadership crafted an agreement to end the shutdown and avert a debt default. However, the deal needs to be voted on by both chambers of Congress.
We believe that to date, the shutdown has shaved at least 0.6% off of annualized fourth-quarter 2013 GDP growth, or taken $24 billion out of the economy. However, the closer we get to breaching the debt ceiling, the higher we expect the economic impact to be.
In the summer of 2011, as we approached the last debt ceiling standoff, consumer confidence plummeted and hit a 31-year low in August when the debt ceiling issue came to a head. Given that this round of debt-ceiling negotiations is occurring after two-plus weeks of a government shutdown, the total impact on the economy will likely be even more severe.
While we believe the Senate deal will be passed and the debt ceiling will be raised, the impact of a default by the U.S. government on its debts would be devastating for markets and the economy and worse than the collapse of Lehman Brothers in 2008.
Should a default occur, the resulting sudden, unplanned contraction of current spending could see government spending cut by about 4% of annualized GDP. That would put the economy in a recession and wipeout much of the economic progress made by the recovery from the Great Recession.
As we've said, we expect the Senate deal to be approved. However, the current chatter coming out of Washington suggests that any continuing resolution will be a temporary one, with an early 2014 timeframe for the next set of Washington deadlines. The short turnaround for politicians to negotiate some sort of lasting deal will likely weigh on consumer confidence, especially among government workers that were furloughed. If people are afraid that the government policy brinkmanship will resurface again, and with it the risk of another shutdown or worse, they'll remain afraid to open up their checkbooks. That points to another Humbug holiday season.
The bottom line is the government shutdown has hurt the U.S. economy. In September, we expected 3% annualized growth in the fourth quarter because we thought politicians would have learned from 2011 and taken steps to avoid things like a government shutdown and the possibility of a sovereign default. Since our forecast didn't hold, we now have to lower our fourth-quarter growth estimate to closer to 2%
Standard & Poor's Ratings Services, part of McGraw Hill Financial (NYSE: MHFI), is the world's leading provider of independent credit risk research and benchmarks. We publish more than a million credit ratings on debt issued by sovereign, municipal, corporate and financial sector entities. With over 1,400 credit analysts in 23 countries, and more than 150 years' experience of assessing credit risk, we offer a unique combination of global coverage and local insight. Our research and opinions about relative credit risk provide market participants with information and independent benchmarks that help to support the growth of transparent, liquid debt markets worldwide.
We believe that to date, the shutdown has shaved at least 0.6% off of annualized fourth-quarter 2013 GDP growth, or taken $24 billion out of the economy. However, the closer we get to breaching the debt ceiling, the higher we expect the economic impact to be.
In the summer of 2011, as we approached the last debt ceiling standoff, consumer confidence plummeted and hit a 31-year low in August when the debt ceiling issue came to a head. Given that this round of debt-ceiling negotiations is occurring after two-plus weeks of a government shutdown, the total impact on the economy will likely be even more severe.
While we believe the Senate deal will be passed and the debt ceiling will be raised, the impact of a default by the U.S. government on its debts would be devastating for markets and the economy and worse than the collapse of Lehman Brothers in 2008.
Should a default occur, the resulting sudden, unplanned contraction of current spending could see government spending cut by about 4% of annualized GDP. That would put the economy in a recession and wipeout much of the economic progress made by the recovery from the Great Recession.
As we've said, we expect the Senate deal to be approved. However, the current chatter coming out of Washington suggests that any continuing resolution will be a temporary one, with an early 2014 timeframe for the next set of Washington deadlines. The short turnaround for politicians to negotiate some sort of lasting deal will likely weigh on consumer confidence, especially among government workers that were furloughed. If people are afraid that the government policy brinkmanship will resurface again, and with it the risk of another shutdown or worse, they'll remain afraid to open up their checkbooks. That points to another Humbug holiday season.
The bottom line is the government shutdown has hurt the U.S. economy. In September, we expected 3% annualized growth in the fourth quarter because we thought politicians would have learned from 2011 and taken steps to avoid things like a government shutdown and the possibility of a sovereign default. Since our forecast didn't hold, we now have to lower our fourth-quarter growth estimate to closer to 2%
Standard & Poor's Ratings Services, part of McGraw Hill Financial (NYSE: MHFI), is the world's leading provider of independent credit risk research and benchmarks. We publish more than a million credit ratings on debt issued by sovereign, municipal, corporate and financial sector entities. With over 1,400 credit analysts in 23 countries, and more than 150 years' experience of assessing credit risk, we offer a unique combination of global coverage and local insight. Our research and opinions about relative credit risk provide market participants with information and independent benchmarks that help to support the growth of transparent, liquid debt markets worldwide.
Re: Are We Really Celebrating A Decline In Black Unemployment From 13.0% To 12.9%?
Attributing things to people they didn't say, AGAIN!
I didn't mention any policy implemented by anyone; and, I'm not mad at anyone.
Both of those are things YOU are attempting to attribute to me, with hopes that I will then argue against YOUR postulates.
Such a waste of time, you are.
Attributing things to people they didn't say, AGAIN!
I didn't mention any policy implemented by anyone; and, I'm not mad at anyone.
Both of those are things YOU are attempting to attribute to me, with hopes that I will then argue against YOUR postulates.
Such a waste of time, you are.