The Job Market Still Sucks

Topspin said:
The job market is getting better fairly quickly!
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The job market sure as shit isn't good. Better is a relative term, as is "fairly quickly." Relative to a two years ago it is much better. Relative to a year ago it's kinda better. Relative to normal it's terrible. And it's been terrible for five years.
 
Rationalist said:
Is there any reason to believe that would make any more of a difference than the $800 billion jobs bill passed in 2009? What ever happened to those "shovel ready jobs"? I won't deny that government has a vital role in the economy; I am not even necessarily opposed to a jobs bill. However, if we are going to spend a hundred billion dollars, I also want to be sure it is being spent wisely and actually helping people, not spent frivolously or to line the pockets of wealthy bankers and the like. Is a little transparency so much to ask for?
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If you mean ARRA -
http://crfb.org/blogs/measuring-effects-arra
According to the Council of Economic Advisors’ (CEA) quarterly report on the continuing effects of the American Recovery and Reinvestment Act (ARRA) (see our analysis of ARRA here), the magnitude of the fiscal stimulus and its positive effect on the U.S. economy have been increasing substantially in the first half of 2010 (from $108 billion in Q1 of 2010 to $116 billion in Q2). CEA estimates that the 2009 stimulus has boosted GDP by 2.7 percent and raised employment by 2.5 million jobs since February 2009, relative to what would have occured absent the stimulus.
According to CEA, ARRA has spent $480 billion and using numbers from Stimulus.org, about $260 billion of that is spending and $220 billion is tax cuts. The amounts are further broken down into several tax and spending categories on the website.
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In terms of openness, there was a site that actually tracked all of the ARRA spending and where it went; you could check your county out and find out what projects were financed by it. Can't find that one, but this does show some details:
http://stimulus.org/

Oh wait, here's the site with details!
http://www.recovery.gov/Pages/default.aspx

So there WERE results and there IS transparency. Happy?
 
Dungheap said:
The job market sure as shit isn't good. Better is a relative term, as is "fairly quickly." Relative to a two years ago it is much better. Relative to a year ago it's kinda better. Relative to normal it's terrible. And it's been terrible for five years.
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That's retarded the unemployment number is not terrible at all considering the three card Monty economy we are replacing.
 
ROFL

Obama already got a plan to fix the job market, he calls it amnesty, that should help all those unemployed find jobs.
 
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