5% is considered full employment, but w/e. also your earlier comparison to job levels to a communist economy is clearly irrelevant. I'm not sure if you are being intellectually dishonest or just ignorant, but lets move on.

You partially answered your own question. The reason why I exiled him was because he was a horrible troll. I don't think it's a coincidence that no one complains about "AC Hijacks" any more and kicking Nielsio out was a key to that. Most non-libertarians do not like arguing with him and he definately drove some people away.

I could see giving him another chance after this long, but I believe strongly that he is not capable of posting in a constructive manner. He was warned or tempbanned 10 times either here or in OOT and he continues to annoy the people in the forums he posts in, particularly SSNL. So no, Nielsio will not be coming back anytime soon.

Maybe I am ignorant here, but correct me where I am wrong:

1) Overall job losses in past 3 months
2) People leave labor force due to lack of jobs
3) Unemployment stays constant or actually gets lower thanks to those leaving the labor force.
4) ???
5) Profit?

because two different methods are used to measure UE and actual job numbers.

It is commonly believed that Job losses are being exaggerated due to increases of small business employment.

Add in off the book employment to the numerator and denominator and the unemployment rate is far less than the reported number as well. When some jobs are "lost" they are actually being filled off the books. This may not be signficant for jobs lost in any one month, but the cumulative effect (read: 12 million illegal aliens working x million off the book jobs) certainly is.

No one else in this forum has made it to 10 yet?

I honestly can't believe so many people support Nielso. I ignored him purely on reputation.

He is also the only person I have ignored.

While I think that PLOlover is generally sincere in wanting Nielsio back, I do sense some leveling going on as well. I picture him typing some of his stuff while giggling madly.

For some people, "don't you guys know how unpopular he is? How can you support him when so many other people dislike him?!?" isn't compelling. In fact, I support his return *because* so many people dislike him and support his continued ban, even when those people sometimes happily concede they have never actually bothered reading what he says and ignored him just because so many other people whine about him.

Also, I don't want to argue about whether or not Nielsio was annoying, because he was. And I know it's not true that everyone who wants Nielsio banned and banned for good are just attempting to purge ideological opponents; but I sincerely believe Nielsio's greatest sin to a significant percentage of posters was merely saying things they *really* didn't like, and then continuing to do it even though they told him to stop, or really thought he shouldn't be doing it.

What?
What?



How do you buy into this nonsense you spread?

Free Nielsio

Its pretty simple. The statistic that details how many jobs have been gained or lost is a survey of companies of decent size. The statistic that details the UE is a survey of actual people. Therefore, if there is an decrease in the amount of jobs available, but the UE remains constant or drops, more people are working at jobs not included the survey of companies. These companies are typically small business. Therefore, when job losses as calculated in raw quantity is not matched by the UE, it is most likely it is because of increased small business employment and/or error in each polling method.

You can thank me for your education now, 10 dollars to ikestoys on any major site would be much appreciated.

ike,

Please don't hijack this thread further. It is only for blowing or bashing Nielso the Nutjob of the Netherlands.

Free Nielsio
Its Easter Weekend, give us the chance to free him and remove someone else in his place? Perhaps Copernicus who is never intellectually dishonest, never makes personal attacks, and is correct in every posting he makes?

Neilso isn't banned he is exiled. He never ever will be allowed in politics forum again.

with this whole recession thing, where can it go though ? I mean they've inflated their currency so much in recent years, it's dropped almost a 1/3rd in value in 2 1/2 to 3 yrs (since mid 2005). This whole credit expansion and huge bubble they have built is collapsing and yet what do they do ? They continue to cut interest rates and print more $ which was the main cause of this problem. I mean the middle class is really struggling nowadays, where does it go from here ? How long before their is no middle class ? I don't see a way for them to turn this around and for the average person to start to finally benefit from this bull**** system the people at the top have created.

Prop bet?

What recession thing? When the European Union, India and China got their act together economically (with great help from the US) wtf did you expect to happen to the dollar? The subprime problem was NOT caused by cutting interest rates and printing more money, and despite it all, inflation is still tame except in one area...oil. Why? because oil is dollar denominated. Dollar drops, oil goes up. Theres only one solution to that and that is increase domestic production in the short term and alternative fuels in the long term. If the libs dont wake up to that then there will be a middle class squeeze that makes the last couple of years look like an expansion.

The average person is invested in the market through their retirement plans and mutual funds and works for corporations. They sure as hell arent going to be helped by policies of increasing regulation, corporate taxes and attacks on corporate profits like both Dem geniuses are calling for.

Is there a recession in your country? I know for sure that the U.S. has not had negative GDP growth for two successive quarters, but I have no idea about Canada.

Alex, I have read on these boards and heard elsewhere, that when our GDP is placed in terms of inflation adjusted dollars or our GDP growth is based on another currency that there has been negative GDP growth. Care to comment on this?

The world has never seen more economic growth and increase in living standards (western world) since the fiat currency (and IRS) was introduced than in in all the 70 million years up to that point 80 years ago. Still people will argue that we were better off without and that a fiat currency does not increase spending and stimulate growth and helps the economy grow. Go figure.

I guess its just coincidence that since 1930 US happened to become the richest and most powerful empire in history, cant have anything to do with the economic policies of the government.... If they all had a limited amount of gold the economy sure would have grown (lol). I mean, who wouldnt like to spend money and make the economy grow if they knew that the worth of their money would increase for every day that passed by and every new product that was introduced

Yeah I guess the destruction of Europe's economy from World War II didn't have anything to do with the US's rise in economic power. I'm not even going to touch your gold standard comment, I'm sure others will elaborate on how how misinformed it is.

US as the biggest capitalistic power thrives on free powerful markets. The increase in US economy was far greater from 1970-2000 than they were in the reconstruction years of Europe.