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Jobless Claims Rise 43,000 to 474,000, Estimate Called for Decline of 19,000 (story developing)
CNBC ^ | 05/05/2011

Posted on 05/05/2011 5:44:26 AM PDT by Rational Thought

Headline only.


TOPICS: Breaking News; Business/Economy; Front Page News; News/Current Events
KEYWORDS: business; duhpresidency; economy; obamanation; unexpected; vodooeconomics
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Must be all those tornadoes last week.
1 posted on 05/05/2011 5:44:28 AM PDT by Rational Thought
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To: Rational Thought; SeekAndFind

unexpected (everyone drink)


2 posted on 05/05/2011 5:46:43 AM PDT by Perdogg (0bama got 0sama?? Really, was 0sama on the golf course?)
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To: Rational Thought
But Obama is a shoe in for POTUS! The MSM said so.
3 posted on 05/05/2011 5:46:43 AM PDT by frogjerk (I believe in unicorns, fairies and pro-life Democrats.)
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To: Rational Thought

Wow, I’m stunned.

With this pro-business, pro-growth, inflation-fighting regime, this is quite the shock.

/s


4 posted on 05/05/2011 5:47:17 AM PDT by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
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To: Rational Thought

Story here;

http://www.cnbc.com/id/42912580


5 posted on 05/05/2011 5:47:48 AM PDT by Rational Thought
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To: Rational Thought
HUSSEIN'S FAULT!
6 posted on 05/05/2011 5:47:59 AM PDT by Recovering_Democrat
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To: Rational Thought

Let me be the first to say we are seeing the end of Keynesianism as a serious economic policy for recessions and stagflation. Obama and crew continue to make the same mistakes FDR did policywise (which Hoover also initiated).

If anyone has not read The Forgotten Man by Amity Shlaes do so now if you want to truly understand why we are not coming out of this slump yet.

The dollar is now trading below 80 yen. And for all of you gold and silver bugs, you should look out too.


7 posted on 05/05/2011 5:49:10 AM PDT by LRoggy (Peter's Son's Business)
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To: Rational Thought

The economy continues to sink deeper into recovery.


8 posted on 05/05/2011 5:49:39 AM PDT by tacticalogic
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To: Rational Thought

No wonder the Osama story had to happen then.

I am probably an anti-American for not putting all my faith and trust in the federal government, which obviously deserves to never be questioned about anything.

Yes, I must Hate America First for not trusting the government.


9 posted on 05/05/2011 5:52:19 AM PDT by MichiganConservative (We would all be better off if the federal government just decided to end itself.)
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To: Rational Thought

Green shoots are being trampled everywhere.


10 posted on 05/05/2011 5:52:40 AM PDT by Night Hides Not (If Dick Cheney = Darth Vader, then Joe Biden = Dark Helmet)
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To: Rational Thought

This number should eventually come down — there are only so many private-sector jobs left to cut.


11 posted on 05/05/2011 5:53:48 AM PDT by quesney
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To: LRoggy

The only ones who seem to understand economics properly are the Austrian economists.

Keynesians are only interested in telling politicians what they want to hear to get cushy government jobs.


12 posted on 05/05/2011 5:54:19 AM PDT by MichiganConservative (We would all be better off if the federal government just decided to end itself.)
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To: Rational Thought

Our whole recovery must be falling apart. /sarc

I am sure those gas prices are no help.

We can’t afford Obama for much longer.


13 posted on 05/05/2011 5:54:33 AM PDT by dforest
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To: Rational Thought

So... socialism doesn’t work ??!!??


14 posted on 05/05/2011 5:55:00 AM PDT by zwerni (this isn't gonna be good for business)
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To: Rational Thought

Wow.


15 posted on 05/05/2011 5:55:52 AM PDT by GlockThe Vote (F U B O ! ! !)
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To: Rational Thought

16 posted on 05/05/2011 5:58:24 AM PDT by TonyInOhio (America's fastest growing faith: born-again waterboarders)
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To: zwerni

The Kenyan King is releasing rosy estimates to get good press. His Highness’s recorders then ignore the real numbers.


17 posted on 05/05/2011 5:59:23 AM PDT by AppyPappy (If you aren't part of the solution, there is good money to be made prolonging the problem.)
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Comment #18 Removed by Moderator

To: zwerni

No silly, socialism will work when the right people are in charge and when they are not hindered by those awful conservatives who want us to drag our workers, our women and our frail children back to the dark ages.


19 posted on 05/05/2011 5:59:39 AM PDT by Raycpa
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To: pburgh01

“How stupid do they think we are? “

We elected him, didn’t we?


20 posted on 05/05/2011 6:00:26 AM PDT by AppyPappy (If you aren't part of the solution, there is good money to be made prolonging the problem.)
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To: AppyPappy

Of course “we” isn’t Freepers.
But a lot of Americans did vote for the blank slate they thought they got with Baraq.

If we can’t defeat him in 012 based on $5 gas, surging inflation, 10% unemployment, ongoing $1.5 trillion deficits and collapsing home prices, we deserve the bastard.


21 posted on 05/05/2011 6:04:36 AM PDT by nascarnation
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To: Rational Thought

“Estimate CALLED FOR decline of 19,000”?

Now that’s a story.


22 posted on 05/05/2011 6:05:20 AM PDT by Christian Engineer Mass (25ish Cambridge MA grad student. Many conservative Christians my age out there? __ Click my name)
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To: Rational Thought

Don’t worry. The MSM will “explain” the sudden jump (and the last three or four weeks) as being no big deal. Then tomorrow when unemployment drops 0.5% they will babble about how great everything is.


23 posted on 05/05/2011 6:05:49 AM PDT by Aglooka ("I was out numbered 5-to-1, I got 4.")
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To: AppyPappy
“How stupid do they think we are? “ We elected him, didn’t we?

Well not me, I voted for the Old Guy and his hot sidekick. Curious though the news today the the economy is on it's back and not coming back and no spin can convince us otherwise.

24 posted on 05/05/2011 6:06:13 AM PDT by pburgh01
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To: quesney

Not when business is still outsourcing business overseas.


25 posted on 05/05/2011 6:06:54 AM PDT by meatloaf
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Comment #26 Removed by Moderator

To: Rational Thought
Bigd in the Comments section gets it. :-)

Bigd | May 5, 2011 08:40 AM ET

Spring Break! Next they will blame it on Festivus!

27 posted on 05/05/2011 6:08:04 AM PDT by Madame Dufarge
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To: tacticalogic

Best yet.


28 posted on 05/05/2011 6:16:23 AM PDT by screaminsunshine (Shut up and eat your Beans!)
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To: Rational Thought
Must be all those tornadoes last week.

No insult intended towards those suffering from that terrible destruction, but the "economic cyclone" of $4.29/gal gas prices is trashing the country. Next month should be truly ugly.

29 posted on 05/05/2011 6:16:55 AM PDT by Kieri (The Conservatrarian)
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To: Rational Thought

30 posted on 05/05/2011 6:19:18 AM PDT by massmike (DADT repeal: the Boy Scouts now have tougher membership requirements than the Army!)
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To: Madame Dufarge

I’m so tired of all of this. This used to be the most powerful country in the world. We’re getting to be a pitiful shadow of our former selves.

Nothing but incompetent and evil immoral leadership, from the top to the bottom.


31 posted on 05/05/2011 6:19:32 AM PDT by LibsRJerks
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To: LibsRJerks

Incompetent? My guess is not. The ideology of this administration wants people dependent on Government.

Evil? From a free market, capitalist philosophy, absolutely!


32 posted on 05/05/2011 6:25:25 AM PDT by Rational Thought
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To: Rational Thought

We can’t take much more of this recovery! Can we go back to the recession?


33 posted on 05/05/2011 6:27:09 AM PDT by newzjunkey (Stay focused: Debt, Deficits & Immigration.)
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To: Perdogg
unexpected (everyone drink)

Drink?

With all the "unexpected's" I am past a drink and am actively looking for a liver transplant!

34 posted on 05/05/2011 6:29:29 AM PDT by EGPWS (Trust in God, question everyone else)
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To: Rational Thought

You know what the shocking part is? That the headline didn’t include the word “unexpectedly” (and instead said the same thing by saying that the result bucked the estimate).


35 posted on 05/05/2011 6:31:58 AM PDT by AuH2ORepublican (If a politician won't protect innocent babies, what makes you think that he'll protect your rights?)
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To: Rational Thought; wmfights; P-Marlowe

The reason is simple: Would-be employers who thought they had two years after the extension of Bush tax cuts have learned that Obama plans to run a campaign against the “rich” for 2012. IOW, they will be villified, and if Obama wins those tax cuts will NOT be extended again if he wins with the cuts being the centerpiece of his campaign.

Then there is Obamacare, gross over-spending by the fed, enormous inflation on the horizon, and every indication that manufacturing and housing will be sluggish to no growth.

Obama has attacked job creators again, and they are not stupid. They will sit on their money until the future is a bit less depressing.


36 posted on 05/05/2011 6:33:11 AM PDT by xzins (Retired Army Chaplain & proud of it: Truly Supporting the Troops means praying for their Victory!)
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To: AppyPappy
We elected him, didn’t we?

I'm pretty sure the "We" you're talking about doesn't include Freepers.

37 posted on 05/05/2011 6:35:54 AM PDT by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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To: LibsRJerks
I know what you mean.

Let's hope the patient isn't beyond treatment yet.

38 posted on 05/05/2011 6:37:20 AM PDT by Madame Dufarge
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To: Rational Thought

The joblessness accounting system set up so as days go by people come on the rolls. But at the same time people are aging off the rolls. There is a balance point that you inevitably reach where the ones coming on offset the ones going off and the percentage number locks in place. A high percentage number is reached and it won’t change until there are fewer people coming on the rolls. Once that tipping point is reached the only change of the number that can happen is down.

I have no doubt that some numbers wizard could give you what that number would be. There are far more unemployed out there than ever get reported.


39 posted on 05/05/2011 6:37:45 AM PDT by Flint
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To: MichiganConservative

Trump scared the bin laden out of the kenyan. Got to have a month long campaign commercial to set things straight.


40 posted on 05/05/2011 6:38:14 AM PDT by RS_Rider (I hate Illinois Nazis)
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To: Rational Thought

I bet last weeks numbers were revised upwards (AGAIN) to make the increase look smaller.


41 posted on 05/05/2011 6:41:44 AM PDT by icwhatudo ("laws requiring compulsory abortion could be sustained under the constitution"-Obama official)
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To: icwhatudo

They were, by 2000.


42 posted on 05/05/2011 6:43:53 AM PDT by Rational Thought
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To: Perdogg

” unexpected (everyone drink)”

unexpected (everyone drink) the Kool=Aid

There, fixed it.


43 posted on 05/05/2011 6:47:32 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and Ford trucks)
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To: Rational Thought

44 posted on 05/05/2011 6:48:18 AM PDT by TSgt ("Some folks just need killin'" - Sling Blade (2006))
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To: Rational Thought

Release of Bin Laden photos in 5...4...3...2...


45 posted on 05/05/2011 6:50:24 AM PDT by TexasNative2000 (Uncertainty: it's the new normal)
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To: Raycpa

The plunge should have been predicted. Kramer was saying BUY BUY BUY 2 days ago. Now the PPT will have to work overtime today.


46 posted on 05/05/2011 6:53:33 AM PDT by screaminsunshine (Shut up and eat your Beans!)
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To: MichiganConservative
First, I love your tag line and agree with it.

Second, you just gotta wonder how much of these three reactions are going on in the WH:

1) Excellent!, everything is going to plan!;

2) Oh crap, how do we spin this?; and/or

3) (from the Keynesians) Why does this keep happening? We're doing everything right! We must need more government stimulus.

47 posted on 05/05/2011 6:53:32 AM PDT by PENANCE
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To: Rational Thought

How he doesn’t sink into 30% approval with this s*** going on is beyond me.


48 posted on 05/05/2011 6:59:36 AM PDT by erod (Unlike the President I am a true Chicagoan.)
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To: Rational Thought

But we got Bin Laaaaaden!


49 posted on 05/05/2011 6:59:55 AM PDT by VanDeKoik (1 million in stimulus dollars paid for this tagline!)
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To: erod

Even if he did, do you actually think you would those results in any of the popular, Left Wing polls?


50 posted on 05/05/2011 7:08:14 AM PDT by Rational Thought
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