...or between Lehman and Goldman Sachs.

They're government jobs, don't you know!

Well said.

and BHO gets full-time jobs eliminated, to put part-time jobs
in their places, with welfare health insurance and food stamps
alongside ... NIRVANA!!! -- j
.

What are they creating? Back in the 70s we began a journey, as a nation, to move away from manufacturing in pursuit of "the service economy". I can remember reading "Future Shock" and the author went on for ever about the benefits of the service economy. If we look up the classic definition of wealth creation we find that wealth comes from land, improvements to land, natural resources, and value added through manufacturing. In the 20th century intellectual property has also become a producer of wealth. Since most of us will not write a hit song or patent fusion energy the four classic definitions are available to all of us. By far the most portable is "value added through manufacturing", otherwise know as labor.

My argument is that not everyone is suited for college. And, by moving away from heavy industries we, as a nation, have turned our backs on roughly 1/3 of the nation that used to have something productive to do and now are a portion of the labor participation rate statistics. In the great recession (2nd great depression) businesses took advantage of the break by laying off laborers and making investments in automated manufacturing systems as well as looking off shore for parts production and assembly help. This is the unintended consequence of free trade. We like cheap TVs and electronics, but when RCA and Zenith go out of business the neighbors down the street lose their job.

If BLS is just counting jobs of any sort then it's probable to make that statement. If you throw in the average wages of the middle class, then divide it by the "more jobs than Reagan model" you find people making less and less, or holding down two or more jobs to make enough. the big 0 did promise to fundamentally change the nation.

For me, the real deal is to make our country, state, city, or township attractive to business endeavors. Today's CEO doesn't look at expanding by build a new plant on the lot next door. It's a world market. The executive can choose the country with the best tax treatment, best logistics for supply and distribution, best labor force, or any composite of their important factors. In the Reagan years we were the best corporate tax rate in the 7 industrialized nations, now we are dead last. John Rutledge teaches "Capital follows Return on Investment". Lower taxes, both corporate and capital gain, make it easier by magnitudes for CEOs to distribute a Return on Investment to stock holders. I argue that if you lower those two taxes Investment Capital will flood into the US like it hasn't in 35 years. Companies will either buy and remodel facilities, buy and build, or lease to design facilities all over the nation. If you're an out of work assembly worker or fulfillment picker does it matter if you work for Ford, GM, or VW? I think it only matters that you work.

At the same time the cash flow for government swings twice a much to the positive side. They are no longer paying entitlements to work capable people, they are now collecting income and other taxes from a prospering work force. Corporate inversion goes away, and in fact begins to work for us. Those foreign companies would be compelled to leave their profits here because we would be the tax haven of the world.

I have heard my local politicians say aloud they are not getting what they deserve from a new project. The city council didn't buy the land, build the building, hire the staff, produce the advertisement, supply the product or entertainment, and take care of their happy customer. All city council knows is someone is making money and they "deserve" their cut, "for the sake of the people of Columbus".

BS. Our elected officials have become romantically involved with the story of Robin Hood. Take from the rich and give to the poor. That is fiction. The rich man would not venture into Sherwood Forest without taking precaution. He would either take armed guards with him, or buy some of those traveler's cheques the Templars and Dominici's were selling. Just as today's wealthy use a team of lawyers and tax consultants to preserve their wealth. Our politicians need to study "the man theat killed the golden goose" It's a very different tale.

While 0 is the potus I will continue to wear my chest high waders and carry a shovel. the latest on top of getting the noble peice prize and ending all wars and putting and end to race relations AND I am sure many of you can add to this list 0's many more accomplishments.Are any of the rep's saying this is a bad joke, etc.?

BLS is full of BS.
Now who would BLS's boss of bosses be?
Oh, yeah . . .

Free Stuff Association? ;)

Clearly half of the voting population are card carrying members of the FSA and will absolutely vote for more of the same and put Hillary in office.
The other half, many of us will divide our votes between a few different possibilities and hand it right over to the democrats.
Then of course there is a big contingent of those who won't even bother to vote but have no problem complaining about how things are. I honestly think these are the folks being stirred up by Donald Trump because they like what he is saying and if he is the primary winner they just might show up on election day. Almost anyone else and it will just be more of the same promises, promises and those who don't normally vote will just stay home again.
The FSA will win every election in this country until we get those who can't be bothered off their rears and out to vote. Sorry if I lost anyone-(FSA) Free Sheet Army.

Part of the "creation of jobs" has to do with which backroom deal that the politician makes on what freeway gets put where, or what mini-mall gets built. Kind of like the difference between Bedford Falls and Pottersville..

over 90% of the jobs created in the Obama years have been full-time jobs for bartenders and waitresses...or part-time jobs for those age 55-75...6 million full-time professional, high-paying jobs have been destroyed and are not coming back...

BLS stands for Bureau of Lies and Statistics. Goebbels would be proud of them.

Political policies have a HUGE impact on economics. The tax cuts under Reagan created an economic boom that lasted even into Clinton's Presidency. Conversely, the huge amount of regulations and edicts under Obama have choked off economic growth. There may be some delay as to the effect of some policies, but the effects are very visible.

Politicians do not create jobs. The president has little effect on the economic cycle. The bigger is why the normal ups and downs of the economic cycle are such a big deal. Citizens structure their lives and the enterprises they manage with lots of leverage. It's not surprising they elect people who do lots of borrowing. The excessive borrowing IMHO is the core of the problem. If there were less leverage in all areas of the financial system, no one would care about these little fluctuations.

Neither one of them created jobs. The private sector did that. The Obama economy speaks for itself. Low wage jobs, anemic growth, doubling the debt and a massive bubble ready to burst.

Thanks. Looks like I won't be catching you anytime soon. Talk about being a Producer ;)

congrats, you are past 10k points, blarman!