Why register with the Steelers Fever Forums?
 • Intelligent and friendly discussions.
 • It's free and it's quick. Always.
 • Enter events in the forums calendar.
 • Very user friendly software.
 • Exclusive contests and giveaways.

 Donate to Steelers Fever, Click here
 Our 2014 Goal: $450.00 - To Date: $450.00 (100.00%)
 Home | Forums | Editorials | Shop | Tickets | Downloads | Contact Pittsburgh Steelers Forum Feed Not Just Fans. Hardcore Fans.

Go Back   Steelers Fever Forums > Miscellaneous > Locker Room


Steelers Fever Fan Shop

Doc's Sports Get FREE NFL Picks and College Football picks as well as Football Lines like live NFL Lines and updated NFL Power Rankings all at Doc's Sports Service.

Steelers

An important history lesson for you TRUE Steelers fans!

Reply
 
Thread Tools
Old 05-02-2008, 12:21 PM   #1
stlrtruck
THE PRINCESS' Daddy
Supporter
 
stlrtruck's Avatar
 

Join Date: Jun 2006
Location: Tampa, FL
Posts: 8,783
Gender: Male
Member Number: 2398
Thanks: 0
Thanked 3 Times in 2 Posts
Default Is Bush responsible???

http://www.rr.com/flash/index.cfm?re...5&division=279

By JEANNINE AVERSA - AP Economics Writer

WASHINGTON(AP) Employers cut far fewer jobs in April than in recent months and the unemployment rate dropped to 5 percent, a better-than-expected showing that nonetheless reveals strains in the nation's labor market.

For the fourth month in a row, the economy lost jobs, the Labor Department reported Friday. But in April the losses totaled 20,000, an improvement from the 81,000 reductions in payrolls logged in March. Job losses for both February and March turned out to be a bit deeper than previously reported.

The latest snapshot of the nationwide employment conditions _ while clearly still weak _ was better than many economists were anticipating. They were bracing for job cuts of 75,000 and for the unemployment rate to climb to 5.2 percent.

The unemployment rate, derived from a different statistical survey than the payroll figures, fell to 5 percent from 5.1 percent in March. That survey showed more people finding employment than those who didn't.

Businesses are handing out pink slips as they cope with an economy that is teetering on the edge of a recession, or possibly in one already. A severe housing slump, harder-to-get credit and financial turmoil have forced people and businesses to be more cautious in their spending. And that has hurt the economy.

To help relieve credit problems, the Federal Reserve announced Friday that it would boost the availability of short-term loans to commercial banks to $150 billion in May from the $100 billion supplied in April. The goal is to supply a source of cash to squeezed banks so that they'll keep lending to customers.

The Fed took the action and several other moves to boost credit in coordination with the European Central Bank and the Swiss National Bank.

In other economic news, the Commerce Department reported that orders to U.S. factories rose a bigger-than-expected 1.4 percent in March, after two straight months of declines.

The fresh economic news lifted Wall Street. The Dow Jones industrials were up more than 50 points in morning trading.

On the jobs front, construction companies slashed 61,000 positions in April. Manufacturers cut 46,000 and retailers got rid of 27,000. Those losses were eclipsed by job gains in education and health care, professional and business services, the government and elsewhere.

The job losses came in areas hardest hit by the housing and credit debacles. The fact that fewer job cuts were ordered in April raised hopes that damages could be limited.

"A decline in job growth is never welcome but the economy does seem to be showing some resilience," said White House spokesman Tony Fratto. Echoing that sentiment, Commerce Secretary Carlos Gutierrez, in an interview with The Associated Press, said the new job figures are "sort of bittersweet _ better than expected but we're still going through a difficult first half."

Voters are keenly worried about the country's economic problems and so are politicians _ in Congress, in the White House and on the campaign trail.

There were 7.6 million people unemployed as of April, up from 6.8 million a year earlier.

Workers with jobs saw scant wage gains.

Average hourly earnings for jobholders rose to $17.88 in April, a tiny 0.1 percent rise from the previous month. That was less than the 0.3 percent rise economists were forecasting. Over the last 12 months, wages have grown by 3.4 percent.

The weak labor market is making employers feel less generous with compensation.

Meanwhile, zooming energy and food prices are taking a bite out of paychecks. If the job market continues to falter, wage growth probably will slow, too, making people even less inclined to spend. That would spell further trouble for the economy.
__________________

60 Minutes, 53 Men, 6 Trophies,1 NATION. . .STEELERS NATION!!!
Sig courtesy of STEELAX04
stlrtruck is offline   Reply With Quote
Old 05-02-2008, 12:46 PM   #2
tony hipchest
IRONMAN a.k.a. Tony Stark
Supporter
 
tony hipchest's Avatar
 

Join Date: Sep 2005
Location: Give me back my game...
Posts: 40,726
Member Number: 658
Thanks: 2,443
Thanked 11,103 Times in 4,594 Posts
Default Re: Is Bush responsible???

__________________
tony hipchest is online now   Reply With Quote
Old 05-02-2008, 01:28 PM   #3
TroysBadDawg
Assistant Coach
 
TroysBadDawg's Avatar
 

Join Date: Sep 2007
Location: 3rd rock from the sun and lost
Posts: 1,161
Gender: Male
Member Number: 6617
Thanks: 0
Thanked 0 Times in 0 Posts
Default Re: Is Bush responsible???

No Congress is the problem.

They are sending out checks to everybody who paid taxes as a way to get more votes but they are saying it is a way to stimulate the economy.

Ask ourself this, where did they get the money to send the checks out? Did they borrow it from a foreign nation like China or Japan? OR are they just sending us further in debt by send us paper money that is worthless and the world markets are turning to the Euro as the Standard?

Just asking questions mind you?
__________________

Here We Go Brownies Here We Go Woof Woof
Americanos dicen ingl?s, Aprietan dos para Deportaci?
TroysBadDawg is offline   Reply With Quote
Old 05-02-2008, 03:15 PM   #4
PisnNapalm
Team Owner
Supporter
 
PisnNapalm's Avatar
 

Join Date: Jan 2006
Location: Spring City, PA
Posts: 2,776
Member Number: 1225
Thanks: 0
Thanked 0 Times in 0 Posts
Default Re: Is Bush responsible???

President Bush is not responsible for all that is wrong with the world. I blame it more on the oil companies and the Democrat controlled Congress than anything else.
__________________
"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not." -Thomas Jefferson
Μολὼν λάβε
PisnNapalm is offline   Reply With Quote
Old 05-02-2008, 03:46 PM   #5
Dino 6 Rings
Living Legend
 
Dino 6 Rings's Avatar
 

Join Date: Sep 2007
Location: Arkansas (formerly New Jersey)
Posts: 8,279
Gender: Male
Member Number: 6891
Thanks: 32
Thanked 107 Times in 59 Posts
Default Re: Is Bush responsible???

I blame my neighbor. He keeps throwing broken sticks and limbs onto my lawn. I know its him. He's at fault for everything in the world!
__________________
SuperBowl Wins - How many does YOUR team have?
Steelers 6, 49ers 5, Boys 5, Packers 4, Giants 4, Skins 3, Raiders 3, Pats 3, Broncos 2, Fins 2, Colts 2, Ravens 2 Bears 1,Jets 1, Bucs 1, Rams 1, Chiefs 1, Seahawks 1, Saints1
Dino 6 Rings is offline   Reply With Quote
Old 05-02-2008, 03:52 PM   #6
stlrtruck
THE PRINCESS' Daddy
Supporter
 
stlrtruck's Avatar
 

Join Date: Jun 2006
Location: Tampa, FL
Posts: 8,783
Gender: Male
Member Number: 2398
Thanks: 0
Thanked 3 Times in 2 Posts
Default Re: Is Bush responsible???

Quote:
Originally Posted by Dino 5 Rings View Post
I blame my neighbor. He keeps throwing broken sticks and limbs onto my lawn. I know its him. He's at fault for everything in the world!
Can I have his address so my wife can write him a letter (or possbly even show up on his doorstep - don't worry I'll make sure she bakes you something)!!!
__________________

60 Minutes, 53 Men, 6 Trophies,1 NATION. . .STEELERS NATION!!!
Sig courtesy of STEELAX04
stlrtruck is offline   Reply With Quote
Old 05-02-2008, 03:58 PM   #7
TroysBadDawg
Assistant Coach
 
TroysBadDawg's Avatar
 

Join Date: Sep 2007
Location: 3rd rock from the sun and lost
Posts: 1,161
Gender: Male
Member Number: 6617
Thanks: 0
Thanked 0 Times in 0 Posts
Default Re: Is Bush responsible???

Quote:
Originally Posted by stlrtruck View Post
Can I have his address so my wife can write him a letter (or possbly even show up on his doorstep - don't worry I'll make sure she bakes you something)!!!
CAn you get her to bake me some thing too? My wife burns everything but chocolate chip cookies, and I don't like chocolate.
__________________

Here We Go Brownies Here We Go Woof Woof
Americanos dicen ingl?s, Aprietan dos para Deportaci?
TroysBadDawg is offline   Reply With Quote
Old 05-02-2008, 04:02 PM   #8
stlrtruck
THE PRINCESS' Daddy
Supporter
 
stlrtruck's Avatar
 

Join Date: Jun 2006
Location: Tampa, FL
Posts: 8,783
Gender: Male
Member Number: 2398
Thanks: 0
Thanked 3 Times in 2 Posts
Default Re: Is Bush responsible???

Quote:
Originally Posted by TroysBadDawg View Post
CAn you get her to bake me some thing too? My wife burns everything but chocolate chip cookies, and I don't like chocolate.
Depends is your neighbor responsible for everything too?

Then I could get her to make you something black and gold.
__________________

60 Minutes, 53 Men, 6 Trophies,1 NATION. . .STEELERS NATION!!!
Sig courtesy of STEELAX04
stlrtruck is offline   Reply With Quote
Old 05-02-2008, 04:07 PM   #9
Preacher
Living Legend
 

Join Date: May 2010
Posts: 3,890
Member Number: 16327
Thanks: 0
Thanked 2 Times in 2 Posts
Default Re: Is Bush responsible???

Quote:
Originally Posted by Dino 5 Rings View Post
I blame my neighbor. He keeps throwing broken sticks and limbs onto my lawn. I know its him. He's at fault for everything in the world!
You know...
that is just about the right response for this thread!
Preacher is offline   Reply With Quote
Old 05-02-2008, 04:12 PM   #10
Atlanta Dan
Resigned
Supporter
 
Atlanta Dan's Avatar
 

Join Date: Oct 2005
Posts: 15,451
Member Number: 728
Thanks: 2,666
Thanked 8,529 Times in 3,757 Posts
Default Re: Is Bush responsible???

Quote:
Originally Posted by TroysBadDawg View Post
No Congress is the problem.

They are sending out checks to everybody who paid taxes as a way to get more votes but they are saying it is a way to stimulate the economy.
Not everybody

And of course Bruce Arians is to blame for this
Atlanta Dan is offline   Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -5. The time now is 03:12 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Shoutbox provided by vBShout v6.2.1 (Lite) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.
User Alert System provided by Advanced User Tagging v3.0.8 (Lite) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
Navbar with Avatar by Motorradforum
no new posts