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HighDesertDJ
Trad climber
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Topic Author's Reply - May 13, 2016 - 10:04am PT
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Escopeta claims that "Big Government" is the reason for so much polarization but could it be that serious policy discussions are largely hampered by the gaping chasm in Republicans' perceived reality and objective truth?
President Obama's approval rating stands at 49/48, the first time we've had him with a positive approval spread in a considerable amount of time.
There continues to be a lot of misinformation about what has happened during Obama's time in office. 43% of voters think the unemployment rate has increased while Obama has been President, to only 49% who correctly recognize that it has decreased. And 32% of voters think the stock market has gone down during the Obama administration, to only 52% who correctly recognize that it has gone up.
In both cases Democrats and independents are correct in their understanding of how things have changed since Obama became President, but Republicans claim by a 64/27 spread that unemployment has increased and by a 57/27 spread that the stock market has gone down.
(nothing matters)
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Reilly
Mountain climber
The Other Monrovia- CA
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May 13, 2016 - 10:19am PT
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Dirt, thank you. You know I actually hold Obama in high regard, generally, but this ICD-10
travesty is so beyond the pale words fail me, probably to yer relief. Kindly find me ONE
PROVIDER who has one good thing to say about it and I'll buy you a dinner for two at
Ruth's Chris, or the equivalent.
You've a week...
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dirtbag
climber
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May 13, 2016 - 10:31am PT
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Oh I thought you were hoping he would do something about the supertopo forum.
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Reilly
Mountain climber
The Other Monrovia- CA
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May 13, 2016 - 10:33am PT
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He's only the POTUS, not God.
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dirtbag
climber
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May 13, 2016 - 10:34am PT
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You're right, he's not that good.
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HighDesertDJ
Trad climber
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Topic Author's Reply - May 13, 2016 - 10:43am PT
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dirt posted You're right, he's not that good
My wall rack for a proper quote button!
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Reilly
Mountain climber
The Other Monrovia- CA
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May 13, 2016 - 10:44am PT
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Leftovers, hell, if you found one willing to accept yer Faustian bargain to go as yer date
I aver you'd be picking up the tab if I got to cross-examine them!
The offer stands.
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apogee
climber
Technically expert, safe belayer, can lead if easy
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May 13, 2016 - 10:50am PT
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blahblah
Gym climber
Boulder
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May 13, 2016 - 10:51am PT
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President Obama's approval rating stands at 49/48, the first time we've had him with a positive approval spread in a considerable amount of time.
There continues to be a lot of misinformation about what has happened during Obama's time in office. 43% of voters think the unemployment rate has increased while Obama has been President, to only 49% who correctly recognize that it has decreased.
Some of that seeming misinformation is likely the result of a misunderstanding of what is technically defined as "unemployment" compared to "labor force participation rate."
Labor force participation has in fact substantially declined during Obama's term.
I think average Joe may have something more like labor force participation in mind rather than technical unemployment when he considers what's going on with people working.
If you rephrased the questions as to whether a higher or lower percentage of working-age Americans are actually working, which is probably the issue that most people really care about, then Average Joe would all of a sudden be right.
Most people probably don't know or care whether their unfortunate friend, neighbor, or relative who doesn't have a job is technically "unemployed" or is just out of the labor force for statistical purposes.
As for the stock market, if someone thinks that's (on average) lower now than when Obama took office, that's just incorrect and I have no explanation for it--certainly almost no one who actually owns stock would think that.
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HighDesertDJ
Trad climber
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Topic Author's Reply - May 13, 2016 - 10:54am PT
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blahblah posted Labor force participation has in fact substantially declined during Obama's term.
A trend that began in 2000 and includes people "looking for a job." It does not in fact include people who have "given up looking."
The civilian labor force participation rate is the number of employed and unemployed but looking for a job as a percentage of the population aged 16 years and over. This page provides the latest reported value for - United States Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.
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Reilly
Mountain climber
The Other Monrovia- CA
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May 13, 2016 - 10:59am PT
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It does not in fact include people who have "given up looking."
Those are the Bernoises who are waiting for the Gravy Train.
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apogee
climber
Technically expert, safe belayer, can lead if easy
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May 13, 2016 - 11:01am PT
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Yeah, there's absolutely no reason why all these slackers can't borrow $20K from their parents and start a business.
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Norton
Social climber
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May 13, 2016 - 11:08am PT
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or inherit 400 million dollars and claim to have hit a triple
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HighDesertDJ
Trad climber
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Topic Author's Reply - May 13, 2016 - 11:32am PT
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America in 2016 means being mad that "kids these days" don't "get off their asses" and take advantage of the massive government programs that encouraged infrastructure, housing and employment which existed when you were a kid that you killed because that "wasn't the government's role."
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EdwardT
Trad climber
Retired
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May 13, 2016 - 11:33am PT
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Employment-Population Ratio
While the ratio has improved since bottoming in 2011, it's still historically low.
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Norton
Social climber
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May 13, 2016 - 11:39am PT
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oh, so what exactly would you have done as President have done to "create" more good permanent jobs?
convince the House Republicans to spend any money on rebuilding infrastructure?
convince their them to spend money on "job training" or "making education affordable"?
let's hear what you would have done
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dirtbag
climber
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May 13, 2016 - 11:42am PT
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Repeal Obamacare! Clearly it is the culprit.
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HighDesertDJ
Trad climber
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Topic Author's Reply - May 13, 2016 - 11:43am PT
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Also at record highs: number of pensioners from the largest generation in US history.
Norton posted oh, so what exactly would you have done as President have done to "create" more good permanent jobs?
He would have worked with congress to pass a pro-business plan that would have made wealthy people rich enough to be willing to hire the rest of us to polish their mega yachts for $7.25/hr.
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blahblah
Gym climber
Boulder
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May 13, 2016 - 11:45am PT
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Doesn't count those who've given up looking? What a stupid point. Duh!
It doesn't count those who got a job, either.
Jesus h christ can someone lend the President Obama haters some brain power?
DMT
I don't know about you, but I don't "look" for things that don't exist or that, even if they do exist, I almost certainly won't find.
But maybe you're right--maybe the declining labor force participation rate can be explained by the fact that Obama's done such a great job with the economy that lots of people don't even need to work anymore.
Damn I wish I was as smart as an Obama lover and could figure stuff like that out!
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Reeotch
climber
4 Corners Area
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May 13, 2016 - 12:03pm PT
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The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.
The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.
http://www.shadowstats.com/alternate_data/unemployment-charts
The actual percentage of the population who is out of work is closer to 22%.
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