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15 minutes ago, concha said:

1. Fewer adults are working

Only 62.7% of adult Americans are working. The so-called Labor Force Participation rate hasn't been this low since the late 1970s. The rate measures how many people over age 16 are working or actively seeking work. 

All day, Andy.

ALL DAY.

Beating you like a drum is entertaining.

🤣

 

This has been hashed over *so* many times now.

The Labor Force Participation rate was far lower in the 1950s when unemployment was also low and the economy was booming.

The LFPR was also as low in the late 1970s (as mentioned) when the unemployment rate was much higher (between 7.8% and 6.0%).

So there's no conclusive evidence either way regarding LFPR which makes sense since it's mostly a bullshit statistic in the first place.

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1 minute ago, Atticus Finch said:

I know them better than you.

Which has been demonstrated repeatedly.

 

The lying is almost awe-inspiring.

 

Prove your mad math skillz...

Please demonstrate how the unemployment rate dropped as much as it did under Obama without millions of people leaving the work force.

 

Go...

 

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15 minutes ago, Atticus Finch said:

They were selling an agenda and being purposefully misleading.

A Pulitzer Prize winning journalist publishes factual economic data and then asks liberal and conservative economists for their opinion.

That was a "left-wing hit piece" and the writer was a "propagandist."

You cite two op-eds by Trump lackeys and don't feel even a tinge of irony.

 

 

Andy will continually duck when challenged to show the math behind it.

Labor force participation is literally a fundamental component of an unemployment calculation.

M-A-T-H

 

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6 minutes ago, Atticus Finch said:

This has been hashed over *so* many times now.

The Labor Force Participation rate was far lower in the 1950s when unemployment was also low and the economy was booming.

The LFPR was also as low in the late 1970s (as mentioned) when the unemployment rate was much higher (between 7.8% and 6.0%).

So there's no conclusive evidence either way regarding LFPR which makes sense since it's mostly a bullshit statistic in the first place.

 

Are you expecting this ^^^ pablum to be accepted as an explanation for what happened under Obama?

🤡

Andy is runnin' like Forrest Gump.

 

The size of the labor force is literally part of the unemployment formula.

C'mon Andy.

You CLAIM to know WTF you're talking about.

 

From Principles of Economics:

Another important statistic is the labor force participation rate. This is the percentage of adults in an economy who are either employed or who are unemployed and looking for a job. So, using the data in Figure 1 and Table 1, those included in this calculation would be the 157 million individuals in the labor force. The rate is calculated by taking the number of people in the labor force, that is, the number employed and the number unemployed, divided by the total adult population and multiplying by 100 to get the percentage.

 

LFPR declines when people stop looking for work (they are thus not employed nor unemployed, becasue they aren't looking).  So for every person who stopped looking for work, the LFPR declined and the number of people who could be classed as unemployed decreased.

 

YOU ARE EITHER COMPLETELY IGNORANT OR LYING.

WHICH IS IT, ANDY?

🤣

 

 

 

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26 minutes ago, Atticus Finch said:

And now he's advertising that he doesn't understand the burden of proof.

🤡

 

You claim to know unemployment and LFPR.

So prove it.

Shouldn't be tough.

Explain how millions of people leaving the workforce (no longer employed or looking for employment) did not reduce the unemployment rate under Obama.

 

Hell, I've even posted a CNN article that talks about it.

https://money.cnn.com/2016/02/06/news/economy/obama-us-jobs/

Why doesn't 4.9% unemployment feel great?

 
by Heather Long   @byHeatherLongFebruary 6, 2016: 9:36 AM ET
 

 

There are three key reasons why everyone from Main Street to Wall Street isn't cheering 4.9% unemployment.

1. Fewer adults are working

Only 62.7% of adult Americans are working. The so-called Labor Force Participation rate hasn't been this low since the late 1970s. The rate measures how many people over age 16 are working or actively seeking work. 

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The Chicago Tribune 1/9/2017:

The drop in the unemployment rate during Obama's term also hides another harmful trend - that an increasing number of people are giving up participating in the U.S. job market altogether.

Although the unemployment rate has fallen under Obama, it's partly because some workers have stopped looking for work. The U.S. government only counts people as "unemployed" if they do not have a job and they have actively looked for work in the past month. "Discouraged workers" -- who could work but are no longer searching -- are not counted as unemployed.

These workers are measured by the labor force participation rate.

 

 

Oh, Andyyyyyyy....🤡

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32 minutes ago, concha said:

The lying is almost awe-inspiring.

Prove your mad math skillz...

Please demonstrate how the unemployment rate dropped as much as it did under Obama without millions of people leaving the work force.

 

Go...

👇

43 minutes ago, Atticus Finch said:

And now he's advertising that he doesn't understand the burden of proof.

🤡

 

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Humiliating Andy is fun.

This is from the left-leaning Economic Policy Institute...

https://www.epi.org/news/shrinking-labor-force-explains-drop-unemployment/

Shrinking labor force explains drop in unemployment

Last Friday’s release of the Employment Situation report by the Bureau of Labor Statistics showed the economy added 120,000 jobs, dropping the unemployment rate to 8.6 percent. Despite this positive sign, last month’s rate of job growth was still too low to begin healing the labor market. In her analysis of the report, labor economist Heidi Shierholz explained that most of that decline can be explained by the drop in the labor force participation rate from 64.2 percent to 64.0 percent.

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2 minutes ago, Atticus Finch said:

concha routinely posts things that don't prove his claims.

But I'm sure any minute now he'll lie about debt-to-GDP ratio or black unemployment or dates or the stock market.

🤡

 

When caught in a lie (or long string of them), deny, deny, deny...

 

Andy = EXPOSED

 

🤣

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7 minutes ago, concha said:

You are a colossal liar.

Remember when concha claimed the economy was booming while LFPR had stagnated?

lfpr.png.18ed3f77238d96508a8215f39729d295.png

Correlation is not causation.

In fact, in some cases there's no correlation.

Apparently, the economy can boom regardless of the Labor Force Participation Rate.

Why could've known?

Except anybody with sense.

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8 minutes ago, concha said:

When caught in a lie (or long string of them), deny, deny, deny...

Andy = EXPOSED

Apparently, concha has run out of dates, numbers and figures to lie about.

Now he's rehashing old debates that he long ago lost.

He was celebrating an economic boom while the LFPR hadn't budged.

This is the good thing about toadies: they don't have any standards and so they will easily expose themselves for all to see.

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6 minutes ago, Atticus Finch said:

No, since I'm not required to prove a negative.

You're obsessed with lying and bullshit statistical analysis. We all know this. No need to keep beating this dead horse.

 

When the dead horse is you, Andy, it is fun. 👍

 

You have made incredibly bullshit claims.

You've been shown to be a fool about unemployment, growth and the market prospering after Trump took over.

Now you're trying to rehash your laughing incorrect, dishonest and revisionist schtick regarding LFPR and unemployment under Obama.

 

It is hilarious watching you run like the bitch you are when challenged to show the math you claim to know.  🤣

Meanwhile, even CNN and the Chicago Tribune agree with my factual and accurate take.

You know why?

Apparently THEY understand math.

 

 

 

 

 

 

 

 

 

 

Now prove it.

 

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On 1/29/2021 at 5:21 PM, Nolebull813 said:

What happened in Charlottesville? Was it as bad as Minneapolis, Kenosha, Portland, Seattle, Chicago etc or worse?

Nothing happened.  It was all good and everyone had a good time.  

You are not even worth insulting anymore.  Continue on with your battle with hate you fake Christian.  

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6 minutes ago, Atticus Finch said:

Remember when concha claimed the economy was booming while LFPR had stagnated?

 

Correlation is not causation.

In fact, in some cases there's no correlation.

Apparently, the economy can boom regardless of the Labor Force Participation Rate.

Why could've known?

Except anybody with sense.

 

Andy,

I know you're working hard to humiliate yourself here and I appreciate it.

Even left-wing people admit that the drop in unemployment under Obama had much to do with the drop in LFP.

 

 

Isn't it interesting how the unemployment rate drop under Obama slowed markedly when people stopped leaving the labor force?  

From 2010 to the start of 2014 when the LFPR was plummeting, the unemployment rate dropped 3.2%.

From then until the end of 2016 it dropped only 1.8% (and includes almost no drop at all in the unemployment rate in 2016).

Enter Trump.

While the LFPR is not dropping (slight increases in fact), Trump reduces unemployment to levels not seen since the late 1960s.

 

These are simple facts.

And throws around shit like a drunken monkey trying to them.

 

 

 

 

 

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