Why Biden’s claims of US economic strength don’t add up — and Dems are looking to add more poison

Source: new york post
Published: Jul 30, 2022
Author: Post Editorial Board
Post Date: 2022-07-30 13:39:39 by tankumo
Views: 1590

We’re not in a recession despite two quarters of shrinking Gross Domestic Product, President Joe Biden argues, because the job market “remains historically strong.” Sorry, Joe: The job market is historically screwed up.

Yes, unemployment’s at 3.6% — but millions of working-age folks have left the labor force, so don’t count in the rate. That’s a central reason the jobs market is so tight that many companies are finding it impossible to hire, even if they offer more pay — which makes it a lot harder for those companies to grow.

And the economy is only now recovering all the jobs lost amid the pandemic. Biden’s brags about record job creation ignore the fact that employment (and growth) should have boomed far more. This is weakness, not strength...................

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#1: Hank Rearden    To: tankumo (#0)

It's so obvious to anybody who cares to pay attention, yet the corrupt Diaper Joe Bedpan Regime continues to try convincing us of the most lame bullshit. I want to see Joe Kennedy and Jim Jordan in charge next year, not fucking Turtleboy McConnell, but Turtleboy is what we're going to get and he's going to barack up the win, as usual.

Thanks for your diligence in finding and posting, by the way.

Hank Rearden posted on 2022-07-31 09:33:44   Reply   Private Reply

#2: Mudboy Slim    To: Hank Rearden (#1)

I like Kennedy to run the Senate, but Rand Paul needs to be prominent in the Senate hearings process. Jim Jordan is a bulldog, no B.S. questioner...gonna be interesting to see how far they are willing to go in exposing the vile machinations of the DeeCeeSwampz Deep State. I would like to see a deep dive investigation into HOW all these DemocRAT Senators became Multi-$Millionaires while never having jobs that paid more than low six- figures. We must track their investment decisions as they relate to their insider knowledge, legislative votes, and related campaign contributions from related industries. Then start by DE-Pensioning all DemRATZ who can be linked to this ILLEGAL scheme.

The Pelosis, Feinsteins, Clintons, Gores, Schumerz, Obamaz...all are Masters at Abusing their Power for self-enrichment...MUD

Mudboy Slim posted on 2022-08-03 09:58:30   Reply   Private Reply