Unemployment still at 17.3%

This is a discussion on Unemployment still at 17.3% within the General Discussions forums, part of the Community Boards category; Ill bet Obama barely pays lip service to the failing economy in his state of the union address. Table A-12. ...

  1. #1
    Malum in se abachler's Avatar
    Join Date
    Apr 2007
    Posts
    3,189

    Unemployment still at 17.3%

    Ill bet Obama barely pays lip service to the failing economy in his state of the union address.

    Table A-12. Alternative measures of labor underutilization
    Until you can build a working general purpose reprogrammable computer out of basic components from radio shack, you are not fit to call yourself a programmer in my presence. This is cwhizard, signing off.

  2. #2
    (?<!re)tired Mario F.'s Avatar
    Join Date
    May 2006
    Location
    Portugal
    Posts
    7,460
    One interesting footnote of history is that when confronted with a crisis no government has a solution. Things just kinda solve themselves out, or through a revolt of sorts.

    It's just that our social structures and economy are perhaps so complex and intricate, even since medieval times, that no government on the planet short of an authoritarian rule has the tools at their disposal to solve anything but minor domestic issues. Heck, in this day and age even a reform of the public service can take decades to fully implement.
    The programmer’s wife tells him: “Run to the store and pick up a loaf of bread. If they have eggs, get a dozen.”
    The programmer comes home with 12 loaves of bread.


    Originally Posted by brewbuck:
    Reimplementing a large system in another language to get a 25% performance boost is nonsense. It would be cheaper to just get a computer which is 25% faster.

  3. #3
    Registered User
    Join Date
    Jan 2005
    Posts
    7,317
    I'm glad to see you've adjusted your stance. This current thread title makes more sense than the previous one.

    Still, I'd take the bet on Obama and the State of the Union. I'd say jobs and the economy will be the most talked about subject.

  4. #4
    Registered User C_ntua's Avatar
    Join Date
    Jun 2008
    Posts
    1,853
    Quote Originally Posted by Mario F. View Post
    One interesting footnote of history is that when confronted with a crisis no government has a solution. Things just kinda solve themselves out, or through a revolt of sorts.

    It's just that our social structures and economy are perhaps so complex and intricate, even since medieval times, that no government on the planet short of an authoritarian rule has the tools at their disposal to solve anything but minor domestic issues. Heck, in this day and age even a reform of the public service can take decades to fully implement.
    Exactly.
    The main reason is that our system is not that great. It is actually bad. Thinking about it it wasn't really carefully planned. Actually not planned at all. Don't get me wrong, our economical system is amazing considered they way it was formed and it is a feat for the field of economic that it still functions. But seriously, for something that affects as so much, as humans we could have done better. Something carefully planned for starters?

    EDIT: And as before, I doubt that underutilization means uneployment. Those are numbers for underutilazation...
    Last edited by C_ntua; 01-20-2010 at 05:04 PM.

  5. #5
    Devil's Advocate SlyMaelstrom's Avatar
    Join Date
    May 2004
    Location
    Out of scope
    Posts
    4,069
    I wouldn't say it's the top subject of the address, but when has the economy ever been avoided in the State of the Union? He's going to say the same thing he has been since he got into office... he came into a sinking economy and all of his "great" changes are just taking a little longer than he anticipated.
    Sent from my iPad®

  6. #6
    Registered User
    Join Date
    Jan 2005
    Posts
    7,317
    President Barack Obama's chief political adviser says the president will focus on job-creating plans in his State of the Union address Wednesday night.

    ...
    Axelrod: Obama's State of Union to focus on jobs - Yahoo! News

  7. #7
    Registered User
    Join Date
    Jan 2005
    Posts
    7,317
    A mixed bag on the latest U.S. unemployment news, although the U-6 rate is down to 16.5% for the moment.

    American jobs figures: Falling flat | The Economist

  8. #8
    Super Moderator VirtualAce's Avatar
    Join Date
    Aug 2001
    Posts
    9,596
    I've heard rumors of an asset bubble forming yet jobs have not recovered as well as Wall Street has. This means a possible double-dip recession. The second dip would be caused by the job market not being ready for a bear market just yet. If we want to avoid this then companies need to start hiring ASAP and get the economy back up to steam. If we dip a second time it is no one's fault except our own businesses.

    The factory I used to work at laid off almost 1100 last year. Since then they have recalled nearly 600 of them and more are being called back each day. Manufacturing is starting to boom again and so hopefully we can recover before we dip again. GM cannot be looked at as a measure of the economy anymore since they have other issues not exactly related to the recession to deal with. They would have faltered anyways and the recession just sped up the process - possibly saved them from a total collapse later by pushing them into early bankruptcy so they could get things 'fixed'. I would rather fail in a poor economy than fail in a booming one. The latter type of failure is usually a complete collapse of the business.
    Last edited by VirtualAce; 02-07-2010 at 01:35 PM.

  9. #9
    Dae
    Dae is offline
    Deprecated Dae's Avatar
    Join Date
    Oct 2004
    Location
    Canada
    Posts
    1,034
    Quote Originally Posted by abachler View Post
    Ill bet Obama barely pays lip service to the failing economy in his state of the union address.
    Really disagreed, even before seeing Daved's post.
    Warning: Have doubt in anything I post.

    GCC 4.5, Boost 1.40, Code::Blocks 8.02, Ubuntu 9.10 010001000110000101100101

  10. #10
    spurious conceit MK27's Avatar
    Join Date
    Jul 2008
    Location
    segmentation fault
    Posts
    8,300
    The sickest part is that right now, from a Republican realpolitick perspective, the best thing that could happen would be for the economy to fail further and the unemployment rate to rise. Then at the next election they can say it's all the Democrats fault.

    And they will do anything to make the current gov. and economy fail. 2009 is apparently going down as the "Year of the Filibuster", and presumably this is only going to get much, much worse from now on.
    C programming resources:
    GNU C Function and Macro Index -- glibc reference manual
    The C Book -- nice online learner guide
    Current ISO draft standard
    CCAN -- new CPAN like open source library repository
    3 (different) GNU debugger tutorials: #1 -- #2 -- #3
    cpwiki -- our wiki on sourceforge

  11. #11
    spurious conceit MK27's Avatar
    Join Date
    Jul 2008
    Location
    segmentation fault
    Posts
    8,300
    Quote Originally Posted by MK27 View Post
    The sickest part is that right now, from a Republican realpolitick perspective, the best thing that could happen would be for the economy to fail further and the unemployment rate to rise. Then at the next election they can say it's all the Democrats fault.

    And they will do anything to make the current gov. and economy fail. 2009 is apparently going down as the "Year of the Filibuster", and presumably this is only going to get much, much worse from now on.
    [SIGH] I'll never find a real job then...unless I learn to filibuster! ;[
    C programming resources:
    GNU C Function and Macro Index -- glibc reference manual
    The C Book -- nice online learner guide
    Current ISO draft standard
    CCAN -- new CPAN like open source library repository
    3 (different) GNU debugger tutorials: #1 -- #2 -- #3
    cpwiki -- our wiki on sourceforge

  12. #12
    Super Moderator VirtualAce's Avatar
    Join Date
    Aug 2001
    Posts
    9,596
    The sickest part is that right now, from a Republican realpolitick perspective, the best thing that could happen would be for the economy to fail further and the unemployment rate to rise. Then at the next election they can say it's all the Democrats fault.
    I felt much the same about the Democratic party during Bush's presidency. It seemed they wanted the economy to falter and the portray the war in Iraq as if it was worse or similar to Vietnam.

    Both sides are guilty of wanting this or that even though it is not in the best interest of the country so don't act as if the Dems haven't wanted bad things to happen when a repub. Pres. is in office.
    It's amazing to me how one side accuses the other of whatever it is they can muster and then the same thing happens only in reverse about 4 to 8 years later. Ridiculous.

Popular pages Recent additions subscribe to a feed

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21