Welcome home, fellow Gator.

The Gator Nation's oldest and most active insider community
Join today!

Unemployment drops again, 2x more new jobs v expected

Discussion in 'Too Hot for Swamp Gas' started by pkaib01, Aug 5, 2022.

  1. G8trGr8t

    G8trGr8t Premium Member

    20,968
    9,193
    3,443
    Aug 26, 2008
    he isn't just selling it down, he is entering into long dated contracts so the deepwater drillers will invest the capital required to develop all those leases they bought. This keeps the domestic drilling industry active and uses our resources to help dampen the spike in energy prices
     
    • Optimistic Optimistic x 1
  2. ETGator1

    ETGator1 GC Hall of Fame

    12,581
    652
    623
    Apr 3, 2007
    So, the Biden Administration is micromanaging Big Oil and they are going along? Is there any proof, contracts let, that this is going on in actual practice?

    Ole Joe's executive order expires the end of September. Is he going to announce a perpetual release and refill of the SPR? Why would Big Oil go along with this program? It only amounts to 9 days worth of US oil needed on an annual basis.

    It's clear more than 20,000 workers have been added since the first of the year. I don't know what exactly is happening, but the market doesn't need the federal government micromanaging gas and oil production and I'm not convinced Big Oil is going along with this scheme. Something more is at play here.
     
  3. ETGator1

    ETGator1 GC Hall of Fame

    12,581
    652
    623
    Apr 3, 2007
    Nobody jumped to see how many of the 528,000 jobs were full or part time. I'm reading from conservative sites that 303,000 are part time and another number are people actually taking second jobs to make ends meet. What say you liberals here who have the ability to drill down on the report?

    Also, the participation rate went down .1%. This report seems strange altogether.
     
  4. tegator80

    tegator80 GC Hall of Fame

    11,259
    20,279
    3,163
    May 29, 2007
    Richmond, VA
    Do you know what I find annoying? I can't walk into a Walmart without having a damn sea of sound hitting me with "Welcome to Walmart!" I realize they want to set up a pleasant shopping experience, but hiring 200 greeters for each store is a bit much. Besides, they take up all the parking. No wait, they take up all the bus seats, since they can't afford to buy an auto. And don't even THINK about using the bathrooms. I damn well know how to wipe myself and use the soap dispenser. And staring at me while I do my thing is quite intimidating. I know the 10 attendants don't have much to do, but they don't have to swarm me like used-car salesmen in a recession.



    Perhaps, the "jobs" analytics are a bit, um, creative until we get into the details. And yes, no one is immune to the use of the tool. In fact, I think there are now FOUR levels of "creativity": lies, damn lies, statistics and JOBS reports. They could no longer stand to lump mere statistics in with the jobs reports. It takes a different level of creativity.
     
    Last edited: Aug 6, 2022
  5. citygator

    citygator VIP Member

    3,953
    867
    3,053
    Apr 3, 2007
    Charlotte
    FIFY

    Unreal… Fox News knows their audience and knows thinks they are stupid.
     
    • Fistbump/Thanks! Fistbump/Thanks! x 1
    • Winner Winner x 1
  6. citygator

    citygator VIP Member

    3,953
    867
    3,053
    Apr 3, 2007
    Charlotte
    This bulllshit again. Hopeless.
     
    • Agree Agree x 1
  7. citygator

    citygator VIP Member

    3,953
    867
    3,053
    Apr 3, 2007
    Charlotte
    I’ll take “Blindly Swinging Wildly” for $500 Alex.
     
    • Funny Funny x 2
    • Winner Winner x 2
    • Agree Agree x 1
  8. citygator

    citygator VIP Member

    3,953
    867
    3,053
    Apr 3, 2007
    Charlotte
    Nonsense. This is getting old.
     
  9. citygator

    citygator VIP Member

    3,953
    867
    3,053
    Apr 3, 2007
    Charlotte
    Just because you read posts on right wing sites and run here without researching doesn’t mean we have to educate you. But I feel sorry for you.

    Record full time employment.

    [​IMG]
    Employed, Usually Work Full Time
     
    • Winner Winner x 2
    • Fistbump/Thanks! Fistbump/Thanks! x 1
  10. pkaib01

    pkaib01 Premium Member

    3,010
    527
    1,963
    Apr 3, 2007
    Is this a strawman? Who went out on a limb in '20 and '21 and said deficit spending wouldn't cause inflation? Give me some examples, please.

    Did our deficit spending also cause the current worldwide inflation?
     
  11. WarDamnGator

    WarDamnGator GC Hall of Fame

    7,012
    454
    1,468
    Apr 8, 2007
    LOL…. Nice try, but $13,900 spread over 30 months for 5 people is about $20 a week per person…. You can do this math yourself, you know, before you post more dumb stuff.
     
  12. gatorchamps960608

    gatorchamps960608 GC Hall of Fame

    1,613
    339
    1,863
    Jul 4, 2020
    Trust me, he won't hesitate to post dumb stuff without any thought or analysis.
     
    • Agree Agree x 1
  13. tegator80

    tegator80 GC Hall of Fame

    11,259
    20,279
    3,163
    May 29, 2007
    Richmond, VA
    I believe that is your quote I was using...when Trump was espousing the "Level 4 Creativity" a couple of years ago.


    Maybe it has an expiration date, so it does not have any validity after, say January 20, 2020.
     
  14. AgingGator

    AgingGator GC Hall of Fame

    1,959
    349
    1,988
    Apr 24, 2007
    Go back and look. I'm not going to give you links to Too Hot posts.
     
  15. WarDamnGator

    WarDamnGator GC Hall of Fame

    7,012
    454
    1,468
    Apr 8, 2007
    Opps… I just assumed he could do basic math when I quoted him above, I should have know better and checked.
     
  16. AgingGator

    AgingGator GC Hall of Fame

    1,959
    349
    1,988
    Apr 24, 2007
    Yes, plus $2,500 per qualifying child.

    2 Parents = $6,400
    3 Children =$7,500

    See, that's not so hard.
     
  17. pkaib01

    pkaib01 Premium Member

    3,010
    527
    1,963
    Apr 3, 2007
  18. G8trGr8t

    G8trGr8t Premium Member

    20,968
    9,193
    3,443
    Aug 26, 2008
    This is far from micromanaging, just the opposite. Youre just too team oriented to acknowledge it.

    Column: White House uses oil reserve to place a giant spread trade

    The White House has stated that it intends to refill the SPR in future years – when prices are likely to be lower than they are currently.

    Assuming the promise is kept, the ideal time to refill the reserve will be during the next oil market downturn, when the SPR would not be competing against consumers for scarce barrels, purchases could help prop up prices and support domestic producers.

    If that proves to be the case, the SPR will have become a de facto price-risk manager.
     
    • Like Like x 2
    • Informative Informative x 1
  19. BobK89

    BobK89 GC Hall of Fame

    11,886
    389
    718
    Apr 9, 2007
    Tampa, FL
    And the Fed should have slowly increased rates in the 20-teens as we emerged from the Great Recession too.
     
    • Agree Agree x 1
  20. WC53

    WC53 GC Hall of Fame

    2,828
    677
    1,958
    Oct 17, 2015
    Old City
    High housing prices can be directly attributed to the artificially low rates sponsored by big Gov ;).

    Needed some return to normalcy. Need a bigger manufacturing base so we aren’t dependent on housing as the engine.

    More jobs = bad is one crazy indicator. What is the total number in workforce vs pre covid?