This page has been archived and commenting is disabled.
Friday Humor: 2014 Is The Best Year For Job Growth In The New Millennium
Here's a paradox: a month after the democrats were massacred in the House in the midterm elections due to America's revulsion with the non-recovery, and a week after the worst start to the holiday shopping season since Lehman, the WSJ tells us that 2014 will be the best year for jobs in the New Millennium, and the reason for Obama's latest teleprompted appearance taking full credit for the recovery that apparently took place only on paper. Actually instead of paradox, propaganda humor may be a better word? Also, is it time for a repeat of the Midterms, only this time with the BLS' seasonal adjustment applied to the actual result?
»
- 8524 reads
- Printer-friendly version
- Send to friend
- advertisements -
This is a blockbuster movie
Sorry, I can't see the "economic miracle" on account of the 7 foot high bullshit covering my eyes.
'Blackbastard' movie more like...
humbly fify...
This is a little bit like saying that 1348 was the best year for surviving the Black Death pandemic in Europe.
Plus it was a hell of a good year for cartmakers and cooperages!
Pairadimes. I gotta ask: what is that avatar of yours from?
Always makes me laugh.
I made a gif from this video: http://www.bbc.com/news/world-europe-19920646
Look for it at the 00:16 mark.
WSJ tells us that 2014 will be the best year for jobs in the New Millennium
What did Pravda have to say?
Pravda says that WSJ is full of shit.
Pravda says the crops are going to break records again this year! Best of millennium!
Whoopie!
The monthly chocolate rations are rising from 5 grams to 3!
2015...The year that the WSJ surpasses Charmin as the top-selling asswipe material.
But they need to do a lot more to reach the CNBC pinnacle of pure bullshit.
Look kids, after 6 years of made up numbers, the whole data series is now nonsense. Just ignore it.
No, no, no. The numbers are published with fanfare, so obviously they're being consumed by somebody. Our job is to understand the consumer, and how to exploit him.
Bingo.
If programs run on numerics, and context is for the humans. Well, play with the numbers. All that matters is index and retail sees new bullish news every day. Keep up the positive vibes is the only instrument you have to restart animal spirits. So let them play, the seasonal pull forward was largely expected on buyside, so not sure why this is big news to anyone. We will likely need another catalyst to hold 18,000 but it will likely snap up before dec 31st. Note the 93 story arc we are running with, which means buying sectors will push hard. (Hi Art!)
What I'm more interested in the flattening of the curve. This is going to push everyone who has dead cash forward to trade money markets.
I hired some folks
so nobody thought they would start the Killary campaign early?
So for those old enough to remember what has been worse the late 1970s stagnation or the 2000-teens stagnation?
all I know is if you purchased an item for $100 in 1975, that same item in 2014 would cost $ 479.66 !!
Yeah but it is a better product now! Bill Dudley will tell you how it works in your favor.
Yep, and the median income in 1975 was $10, 394. I missed your point. The real question - did your income keep pace with inflation? If your 2014 income is 4.7966 times higher than your 1975 income then you lost nothing. My first real job came in 1976 and paid $12,000 and (rounding up) I'm making much more than $60k today. The actual cost in dollars doesn't matter. Its the cost relative to your income that makes all the difference.
Agreed, however we have a lot of expenses now that we did not have then. High Speed Internet, Cell Phones, Full Coverage Car Insurance on multiple vehicles, a plethora of taxes, health insurance, all these things didn't exist or were much cheaper as % of income in the 70's. We do have more comforts/luxuries, but they lose their luster over time, don't they? I have been on a rip this year rolling back expenditures and learning to be a bit more miserly with our money. Everything I have eliminated has gone from a seeming necessity to being quickly forgotten. The original question was if 70s stagflation was worse than 2000's stagflation. I think this round is worse....to me. Comparing how we lived then to how we live now.
As a child of about 10 in the late 70, life seemed more relaxed and carefree then. More family vacations, less gadgets, you could walk up to someone and ask them something without them reaching for their pepper spray. We had one car, one TV and not a damned computer in the whole neighborhood. A policeman's family could afford to go out to dinner once a week, take one major vacation a year, multiple weekend excursions and buy the kids new clothes at the beginning of the school year. I can't remember my mother pulling out a credit card to pay for anything at that age. So, stagnation or not, I think my parents' lives were much less stressful then than mine is now.
Though I was not Alive then, your assessment of the 70s matches what I've heard from others. Living in the greater LA area as I do, I see a lot of the stress that people who seem like they're doing well are under. From wake until sleep work and family have become debilitating and stressful to so many. The 70s era seems like a serene other world...
Yup, is true; if you're an illegal alien and like to mow lawns and bus tables at Applebee's. If you are a "citizen" and just dropped $100K + on that Pyschology degree and live in Mom & Dad's basement you're fucked. Thank you Emperor Goebbels. [Oh wait ... does this make me racist?]
www.traderzoo.mobi
No hablo Inglés. Quiero un montón de dinero. Quiero atención sanitaria gratuita.
So for the next 986 years, its downhill? lovely.
It's only downhill till we reach the cliff and then it gets exciting....
the coming impact of the ACA will put a stop to any economic growth, like a voracious shark it will consume all disposible income and velocity of money goes negative..beatings shooting and choking will continue.
57 million families on food stamps, that's all I have to say about that.
Booo! Booooo!
Burn the heretic!!!!
As long as the EBT card works at the strip club and casino everythings fine.
Those goddamn Fall Ginseng diggers and empty can hunters skewed the numbers positive! Wait until those fucking muskrat trappers, snow plowers, and wood cutter numbers come in! Its a freaking Paradise of employment!
A man can write his own ticket in an economy like this.
If you're still poor, its your own damned fault!
I own my own business and pay taxes...so you are right in that sense...its my own damn fault!
I thought the reason a guy owns his own business is so that he never pays income tax again.
Or am I reading Mises all wrong? We make the work, we forgo a paycheck and economic security, we employ the rank and file. Thus, taxes are deferred/abated by the system.
You forgot, we are despised for being so 'rich'
ditto
I can see that sarcasm is entirely a wasted effort here.
Not entirely, you are on a roll, so stay with it!
I have a lot of unemployment jokes, but none of them work.
Well, Chris Walken is working again, I suppose that's a positive sign. /s
Yeah? for cowbell mfgs, I suppose or speech therapists...I saw how they make cow bells on "How its Made" just last week!
You know how hard a cowbell is on a drumstick? I suspect that whole phenomenon was sponsored by The Woodlathe PAC. I would long trapeze-pants and stage wire, as Peter Pan looks to be taking off.
Blue Oyster Cult ruined more good ash than Louisville Slugger...
I think I'll go buy an Acura MDX based soley on this bit of good news.
Sure! Glad to see you made it through that whole 'Greg Louganis' mishap a few years back..that had to be a bitch for a diving engineer...thumbs up!
2014 is declared the best year....until 3014?
Holy shit!
Maybe obama should change "you have a business? you ddnt build that business" to "dont have a job? you didnt cause that".
The proof that people hold two to three part time jobs to make ends meet !
Bamm!
Fun with numbers. Hourly wages rose 9 cents or 2.1% year over year. Is there something wrong with the official numbers, or my math or is the average hourly rate really just $4.28??
No wonder tens of thousands of Russkys flock to ZH. They feel the nostalgia: The US is acting like the pre-disintegration USSR.
Who needs jobs? Who even needs an economy? Who even needs reality? We have PRINTED prosperity now!
..Growth in Chocolate rations!!!!!
Limbaugh was wrong. Obama didn't cook the numbers. Obama's racist boomer Nazi stasi cooked enough meth until the numbers looked good.
(hint* it was so much easier to find jobs back in 2000).
Maybe it was really the best year in the millenium. The next 985 years will be ugly.
Remember folks, the audience being addressed is Skynet and not us Humans. Maybe we should try and wake it up!
Question...How does CES survey indicate employment change of +10.3m and household survey indicates +8.8m since January 2010....
Another example...
Year 2013
CES +2.3m
Household +1.4m
Why the especially massive discrepancy 2013?
So you don't believe these numbers? The whole thing is and has been a lie? I believe the numbers. They don't paint a great picture but it seems consistent with the reality of the broader picture.
"We added some 200.000 seasonal (part time jobs) folks to the great American economy!
Mary Christmas.
Muchelle and Oby
Friday Humor: How US Presidents Died
http://bigstupidtommy.blogspot.com/2008/10/how-presidents-died.html