The "Beveridge Curve" predicts unemployment to recover by 2014.

[Direckshun]

I've never heard of the Beveridge Curve before, but here:



You can read about it more here, by Timothy Taylor.

Taylor writes that the Curve offers several insights to the current scenario:

• Job openings are increasing, but the unemployment rate is not.
• There are threey key reasons for this: "a mismatch between the skills of unemployed workers and the available jobs; incentives from extended unemployment insurance that have slowed the incentive to take available jobs; and heightened uncertainty over the future course of the economy and economic policy"
• These three factors have a historical tendency of correcting themselves over time.
• By early 2014, the curve will have righted itself, and unemployment will drop like a rock.

Well, here's hoping.

[Donger]

Originally Posted by DaneMcCloud

Not where I live

Yeah, I saw $4.49 in SF this week. Pointed at it and laughed.

[fan4ever]

Originally Posted by Direckshun

The difference is, Obama wasn't the one who hurtled us towards a Depression. He inherited that situation.

If he had created the shitfest to begin with, you'd have an analogy that works.

It doesn't matter; it's still not saving sh*t...I don't see how BLAME is remotely related...but I guess it's just so ingrained when defending Obama...

[patteeu]

Originally Posted by Direckshun

Yes, you've said that.

The fact remains that he campaigned on needing a stimulus, made it his first priority in office, and played a role in pushing it through Congress. He deserves credit.

Introduce something new to the conversation because I'm getting bored.

His first priority seemed to be closing Guantanamo. He gets no credit for that either.

[Direckshun]

Originally Posted by fan4ever

It doesn't matter; it's still not saving sh*t...I don't see how BLAME is remotely related...but I guess it's just so ingrained when defending Obama...

You lost me.

[Direckshun]

Originally Posted by patteeu

His first priority seemed to be closing Guantanamo. He gets no credit for that either.

k

[Direckshun]

Originally Posted by Donger

No, you are presuming that. He could have just been stating factual numbers without any implication.

You are adorable.

Originally Posted by Donger

Please explain.

Presidents can influence gas prices in what I'd consider to be significant ways. Mostly, they can make the prices much, much higher by refusing to trade with certain countries, for instance. They can also order the invasion of countries with leaderships resistant to trade with us, in order to support regime change for leaderships more eager to trade with us.

Just as an example.

[fan4ever]

Originally Posted by Direckshun

You lost me.

It doesn't matter if it's Bush's fault...his fault...or the tooth fairy's fault, he "save us" from the abyss of a depression by spending a bunch of money that we don't have...with questionable results at best...and there will be a reckoning, just like the example of me maxing out my credit cards to save my house; a temporary fix that didn't really fix anything and just made my economic outlook worse.

[Direckshun]

Originally Posted by fan4ever

It doesn't matter if it's Bush's fault...his fault...or the tooth fairy's fault, he "save us" from the abyss of a depression by spending a bunch of money that we don't have...with questionable results at best...and there will be a reckoning, just like the example of me maxing out my credit cards to save my house; a temporary fix that didn't really fix anything and just made my economic outlook worse.

Who are you quoting with the """save us""" stuff? You're not quoting me.

Sure the stimulus has some questionable results, it didn't boost the economy like it could have. It also could have been much, much bigger and we wouldn't be flirting with double-dip recessions the past 15 months.

But that's all immaterial. The claim was made by Iowanian that Obama was a total failure.

Of course, he didn't define what he meant, as was convenient for him, so we can just assume he meant that he accomplished nothing remotely positive ecnomically during the past four years.

I think you can I can both agree that's hyperbole, and stupid.

[Donger]

Originally Posted by Direckshun

You are adorable.

Correct, and I'm also accurate.

Originally Posted by Direckshun

Presidents can influence gas prices in what I'd consider to be significant ways. Mostly, they can make the prices much, much higher by refusing to trade with certain countries, for instance. They can also order the invasion of countries with leaderships resistant to trade with us, in order to support regime change for leaderships more eager to trade with us.

Just as an example.

Well, yeah, and I've stated that many times before when people bitch about POTUS being responsible. Another one is releasing from the SPR. But, those are significant and rather dramatic examples of what he can do. Some people think POTUS can just call up traders and lower or raise prices by decree.

[patteeu]

Originally Posted by Direckshun

Who are you quoting with the """save us""" stuff? You're not quoting me.

Sure the stimulus has some questionable results, it didn't boost the economy like it could have. It also could have been much, much bigger and we wouldn't be flirting with double-dip recessions the past 15 months.

But that's all immaterial. The claim was made by Iowanian that Obama was a total failure.

Of course, he didn't define what he meant, as was convenient for him, so we can just assume he meant that he accomplished nothing remotely positive ecnomically during the past four years.

I think you can I can both agree that's hyperbole, and stupid.

Could the stimulus have been too big or, in your political religion, is bigger always better?

[HonestChieffan]

Originally Posted by Iowanian

Here is the thing.

As an American and a person who started a business right before the 2007 crash, I wanted Obama to be spectacular and turn things around. I really did, because it benefits all of us.

Ironically, he's had 4 years of fail, pure and utter fail, like a 12 year old handicap with no wheelchair battery in the hunger games kind of failure.

If he has all of these great, surefire plans to correct the economy, he's doing a huge disservice to this country by not doing those things NOW and using THAT as his re-election campaign instead of more empty words.

You didn't build that.

[HonestChieffan]

Originally Posted by Donger

Yeah, I saw $4.49 in SF this week. Pointed at it and laughed.

$3.99 in Galesburg Illinois this past Saturday. Diesel was $4.04 in Moline. But then nevermind.

[Direckshun]

Originally Posted by Donger

Correct, and I'm also accurate.

I'm willing to bet the money in my pockets versus the money in your pockets that Iowanian was not, as you say, just "stating factual numbers without any implication."

Originally Posted by Donger

Well, yeah, and I've stated that many times before when people bitch about POTUS being responsible. Another one is releasing from the SPR. But, those are significant and rather dramatic examples of what he can do. Some people think POTUS can just call up traders and lower or raise prices by decree.

Fair point.

[Donger]

Originally Posted by Direckshun

I'm willing to bet the money in my pockets versus the money in your pockets that Iowanian was not, as you say, just "stating factual numbers without any implication."

If you are going to quote me, please do it accurately.

He could have just been stating factual numbers without any implication.

He also could have been implying that Obama was responsible for the rise. But I didn't make a determination either way. You did.

[Iowanian]

Originally Posted by Direckshun

The chart deflates Iowanian's claim that the Obama administration is responsible for gas prices exploding.

No...Your chart shows that Gas prices took a HUGE dive in the 2nd half of 2008 and have been tied to a rocket ship since Obama got his turn at the wheel.

Thanks for demonstrating my point with a coloring book so cosmo can play along too.