5-Jul-13 World View -- Eurozone, Obamacare continue collapse

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John
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5-Jul-13 World View -- Eurozone, Obamacare continue collapse

Postby John » Thu Jul 04, 2013 10:33 pm

5-Jul-13 World View -- Eurozone and Obamacare continue their parallel economic collapse


What can we expect from Obamacare?

** 5-Jul-13 World View -- Eurozone and Obamacare continue their parallel economic collapse
** http://www.generationaldynamics.com/pg/xct.gd.e130705.htm#e130705




Contents:
Euro crisis returns as yields spike in Portugal and Spain
Wall Street stock valuations reach new recent high
Obama Administration postpones major Obamacare provision
President Richard Nixon's Wage-Price controls
Mao Zedong's Great Leap Forward
What can we expect from Obamacare?


Keys:
Generational Dynamics, eurozone, Portugal, Spain,
Jean-Claude Jüncker, price/earnings ratio index, CNBC,
Richard Nixon, Obamacare, William N. Walker,
wage-price controls, Cost of Living Council,
Price Commission, Pay Board,
China, Mao Zedong, Great Leap Forward

gerald
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Joined: Sat May 02, 2009 10:34 pm

Re: 5-Jul-13 World View -- Eurozone, Obamacare continue coll

Postby gerald » Fri Jul 05, 2013 9:29 am

Obamacare's benefits --jobs

"Obamacare Strikes: Part-Time Jobs Surge To All Time High; Full-Time Jobs Plunge By 240,000"
http://www.zerohedge.com/news/2013-07-0 ... nge-240000

"In June, the household survey reported that part-time jobs soared by 360,000 to 28,059,000 - an all time record high. Full time jobs? Down 240,000. And looking back at the entire year, so far in 2013, just 130K Full-Time Jobs have been added, offset by a whopping 557K Part-Time jobs."

John
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Joined: Sat Sep 20, 2008 12:10 pm
Location: Cambridge, MA USA
Contact:

Re: 5-Jul-13 World View -- Eurozone, Obamacare continue coll

Postby John » Fri Jul 05, 2013 9:46 am

I listened to CNBC this morning, and outside of a vague remark
about "job quality," no mention was made of this shift from
full-time to part-time jobs, which is presumably caused by
Obamacare.

John
Posts: 8430
Joined: Sat Sep 20, 2008 12:10 pm
Location: Cambridge, MA USA
Contact:

Re: 5-Jul-13 World View -- Eurozone, Obamacare continue coll

Postby John » Fri Jul 05, 2013 9:57 am

I clicked through to the BLS link.

ZeroHedge is referring to the seasonally adjusted figures. If you look
at the non-adjusted figures, it shows an increase of 800,000 full-time
jobs, and a decrease of 300,000 part-time jobs. So the picture is a
little more muddled.


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