Economy adds 303,000 jobs doubling the estimates. Bidenomics baby. Unemployment drops. Darn good economy booming.

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R. Suave
7 Apr 2024 1:09 pm
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Buffalo » 07 Apr 2024, 12:53 pm » wrote: Idiot,  corporations and the wealthy may be benefitting from braindead biden's handler's (cause that stupid **** has NO clue) economy, but the middle and working classes are still struggling.
Shut the **** up, Buffy
  • Real wages have risen since before the pandemic across the income distribution.  In particular, middle-income and lower-income households have seen their real earnings rise especially fast.  And in the past 12 months, real wages overall have grown faster than they did in the pre-pandemic expansion. 
 
  • Household purchasing power has increased as a result.  In 2023, the median American worker can afford the same goods and services as they did in 2019, plus an additional $1,000 to spend or save—because median earnings rose faster than prices.
https://home.treasury.gov/news/featured ... households
 
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Buffalo
7 Apr 2024 1:22 pm
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R.Suave » 07 Apr 2024, 1:09 pm » wrote: Shut the **** up, Buffy
  • Real wages have risen since before the pandemic across the income distribution.  In particular, middle-income and lower-income households have seen their real earnings rise especially fast.  And in the past 12 months, real wages overall have grown faster than they did in the pre-pandemic expansion. 
  • Household purchasing power has increased as a result.  In 2023, the median American worker can afford the same goods and services as they did in 2019, plus an additional $1,000 to spend or save—because median earnings rose faster than prices.
https://home.treasury.gov/news/featured ... households
You poor ****, liberal idiot!!!

This week, the White House circulated a slide deck to Hill Democrats riddled with inaccuracies, false statements, and misleading information about Biden’s record on the economy. Let’s set the record straight.

BIDEN CLAIM: “President Biden and Congressional Democrats’ plan to grow the economy from the bottom up and middle out, not the top down, is delivering for the American people. President Biden and Congressional Democrats have worked together to grow the economy and create a record number of jobs.” The President says that his Administration has: “Created more than 13 million jobs; brought the unemployment rate below 4 percent four years before experts projected and kept it there for the longest period in more than 50 years; and achieved record low unemployment rates for African Americans, Hispanics, people with disabilities – and the lowest unemployment rate in 70 years for women.”

FACT CHECK: Recovery Versus Creation

Nearly 72 percent of all job gains since 2021 were simply jobs that were being recovered from the pandemic, not new job creation. In fact, when looking at today’s economy compared to pre-pandemic levels, employment is up only by 3.7 million, not 13 million.

On the other hand, in his first 2.5 years, job creation under President Trump was 5 million—1.3 million more jobs than the current President in the same time frame after factoring in the recovery from pandemic.

BIDEN CLAIM: “(President Biden) proved that a strong recovery and support for households brings more people into the workforce: a higher share of working age Americans are in the workforce now than at any time in more than 20 years and higher than on any day of the prior Administration.”

FACT CHECK: Labor force participation was stronger under President Trump.
  • The labor force participation rate remains 0.7 percentage points lower under Biden than it was when President Trump was in office.
  • When adjusting for population gains, nearly 2 million more Americans are on the sidelines today than they were during the previous Administration.
BIDEN CLAIM: Under President Biden, American families are “better off than before the pandemic: Americans have more net worth and higher inflation-adjusted disposable incomes and a lower uninsured rate.”

FACT CHECK:  Wages are NOT keeping up with Biden’s inflation crisis.
  • Real wages are down over 5 percent since President Biden entered the Oval Office.
  • Since President Biden took office, the average worker has lost over $4,900 in real wages.
For more LIES the braindead biden incompetent administration of queers, trannys and *** tell that you stupidly believe:

FACT CHECK: Setting the Record Straight on Bidenomics | The U.S. House Committee on the Budget - House Budget Committee



 
 
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Buffalo
7 Apr 2024 1:23 pm
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No wonder the US is in the sad sorry shape it is in!!! It is because of stupid **** voters like you that have no clue except the TDS you are **** with!!!
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Bidencrimefamily
7 Apr 2024 1:40 pm
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Yeah record everything when it comes to the economy.

Gotta love the best economy ever.
R. Suave
7 Apr 2024 1:40 pm
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Buffalo » 07 Apr 2024, 1:22 pm » wrote: You poor ****, liberal idiot!!!

This week, the White House circulated a slide deck to Hill Democrats riddled with inaccuracies, false statements, and misleading information about Biden’s record on the economy. Let’s set the record straight.

BIDEN CLAIM: “President Biden and Congressional Democrats’ plan to grow the economy from the bottom up and middle out, not the top down, is delivering for the American people. President Biden and Congressional Democrats have worked together to grow the economy and create a record number of jobs.” The President says that his Administration has: “Created more than 13 million jobs; brought the unemployment rate below 4 percent four years before experts projected and kept it there for the longest period in more than 50 years; and achieved record low unemployment rates for African Americans, Hispanics, people with disabilities – and the lowest unemployment rate in 70 years for women.”

FACT CHECK: Recovery Versus Creation

Nearly 72 percent of all job gains since 2021 were simply jobs that were being recovered from the pandemic, not new job creation. In fact, when looking at today’s economy compared to pre-pandemic levels, employment is up only by 3.7 million, not 13 million.

On the other hand, in his first 2.5 years, job creation under President Trump was 5 million—1.3 million more jobs than the current President in the same time frame after factoring in the recovery from pandemic.

BIDEN CLAIM: “(President Biden) proved that a strong recovery and support for households brings more people into the workforce: a higher share of working age Americans are in the workforce now than at any time in more than 20 years and higher than on any day of the prior Administration.”

FACT CHECK: Labor force participation was stronger under President Trump.
  • The labor force participation rate remains 0.7 percentage points lower under Biden than it was when President Trump was in office.
  • When adjusting for population gains, nearly 2 million more Americans are on the sidelines today than they were during the previous Administration.
BIDEN CLAIM: Under President Biden, American families are “better off than before the pandemic: Americans have more net worth and higher inflation-adjusted disposable incomes and a lower uninsured rate.”

FACT CHECK:  Wages are NOT keeping up with Biden’s inflation crisis.
  • Real wages are down over 5 percent since President Biden entered the Oval Office.
  • Since President Biden took office, the average worker has lost over $4,900 in real wages.
For more LIES the braindead biden incompetent administration of queers, trannys and *** tell that you stupidly believe:

FACT CHECK: Setting the Record Straight on Bidenomics | The U.S. House Committee on the Budget - House Budget Committee
Not some piece of innumerate crap from the House....please...
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Buffalo
7 Apr 2024 1:46 pm
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R.Suave » 07 Apr 2024, 1:40 pm » wrote: Not some piece of innumerate crap from the House....please...
Numbers don't lie, **** braindead biden dicksucker!!!

Middle class and working families are NOT better off under braindead biden's inflationary policies and gifts of taxpayer money to green corporations and the elite!!!

And YOU cannot produce anything to the contrary.  Only your worthless **** opinion!!!
 
R. Suave
7 Apr 2024 1:54 pm
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Buffalo » 07 Apr 2024, 1:46 pm » wrote: Numbers don't lie, **** braindead biden dicksucker!!!

Middle class and working families are NOT better off under braindead biden's inflationary policies and gifts of taxpayer money to green corporations and the elite!!!

And YOU cannot produce anything to the contrary.  Only your worthless **** opinion!!!
biden's inflationary policies and gifts of taxpayer money to green corporations and the elite!!!
he should be offering tax cuts....to "the producers"...
 
R. Suave
7 Apr 2024 2:29 pm
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Buffalo » 07 Apr 2024, 1:22 pm » wrote: You poor ****, liberal idiot!!!

This week, the White House circulated a slide deck to Hill Democrats riddled with inaccuracies, false statements, and misleading information about Biden’s record on the economy. Let’s set the record straight.


For more LIES the braindead biden incompetent administration of queers, trannys and *** tell that you stupidly believe:

FACT CHECK: Setting the Record Straight on Bidenomics | The U.S. House Committee on the Budget - House Budget Committee
BIDEN CLAIM: “(President Biden) proved that a strong recovery and support for households brings more people into the workforce: a higher share of working age Americans are in the workforce now than at any time in more than 20 years and higher than on any day of the prior Administration.”

FACT CHECK: Labor force participation was stronger under President Trump.
  • The labor force participation rate remains 0.7 percentage points lower under Biden than it was when President Trump was in office.
  • When adjusting for population gains, nearly 2 million more Americans are on the sidelines today than they were during the previous Administration.
Image
 
so what your citation is telling you is that more retirees had to work under Grifty....
 
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LowIQTrash
7 Apr 2024 11:09 pm
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Sumela » 06 Apr 2024, 10:02 pm » wrote: CNBC:

"""nobody believes the Biden economic numbers, and when I say nobody,

I mean the average American"
But the SP 500 will hit 5300 soon!

 
R. Suave
8 Apr 2024 7:29 am
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Sumela » 06 Apr 2024, 10:02 pm » wrote: CNBC:

"""nobody believes the Biden economic numbers, and when I say nobody,

I mean the average American"
"CNBC"?

Santelli?

**** idiot....
 
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FJB
8 Apr 2024 7:32 am
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R.Suave » 08 Apr 2024, 7:29 am » wrote: "CNBC"?

Santelli?

**** idiot....

part time **** jobs... sad they don't mention the unemployment rate
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Buffalo
8 Apr 2024 8:03 am
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R.Suave » 08 Apr 2024, 7:29 am » wrote: "CNBC"?

Santelli?

**** idiot....
You are the ****, liberal IDIOT!!!  The braindead biden's handlers (because braindead biden has NO clue) continually lie and YOU believe them...

US Employment Reports Greatly Exaggerated, Over 400,000 Jobs Mistakenly Added to Total

Story by Jack Davis

"The problem of overstated job numbers is not a new one.

Bureau of Labor Statistics figures have been wrong before.

In August, the agency admitted that from March 2022 to March 2023, it overstated job growth by 306,000 jobs. The totals included a 358,000 decline in private sector jobs and an increase in government hiring of 52,000 jobs.

In December 2022, the Philadelphia Federal Reserve Bank estimated that the official federal data overstated growth by 1.1 million jobs in the second quarter of 2022.

#Bidenomics \- two new jobs created per person and you're working both of them.#DementiaJoe https://t.co/HinLnPPNRE— Thomas J. Quinlan (@thomas_quinlan) January 4, 2024

The totals are only part of what Fox Business noted in the job numbers.

One area of job growth in the past three months has been the government sector. Taxpayer-funded government jobs increased at a rate of about 50,000 a month, according to Fox.

December’s jobs report showed 683,000 people stopped looking for work.

Fox Business said a record 8.69 million people now hold multiple jobs, noting that since June, the economy has shed 1.5 million full-time workers and added 796,000 part-time workers.

US Employment Reports Greatly Exaggerated, Over 400,000 Jobs Mistakenly Added to Total (msn.com)

All lies in an attempt to make the perverted, demented, corrupt braindead biden look good.
 
 
 
R. Suave
8 Apr 2024 8:26 am
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Buffalo » 08 Apr 2024, 8:03 am » wrote: You are the ****, liberal IDIOT!!!  The braindead biden's handlers (because braindead biden has NO clue) continually lie and YOU believe them...

US Employment Reports Greatly Exaggerated, Over 400,000 Jobs Mistakenly Added to Total

Story by Jack Davis

"The problem of overstated job numbers is not a new one.

Bureau of Labor Statistics figures have been wrong before.

In August, the agency admitted that from March 2022 to March 2023, it overstated job growth by 306,000 jobs. The totals included a 358,000 decline in private sector jobs and an increase in government hiring of 52,000 jobs.

In December 2022, the Philadelphia Federal Reserve Bank estimated that the official federal data overstated growth by 1.1 million jobs in the second quarter of 2022.

#Bidenomics \- two new jobs created per person and you're working both of them.#DementiaJoe https://t.co/HinLnPPNRE— Thomas J. Quinlan (@thomas_quinlan) January 4, 2024

The totals are only part of what Fox Business noted in the job numbers.

One area of job growth in the past three months has been the government sector. Taxpayer-funded government jobs increased at a rate of about 50,000 a month, according to Fox.

December’s jobs report showed 683,000 people stopped looking for work.

Fox Business said a record 8.69 million people now hold multiple jobs, noting that since June, the economy has shed 1.5 million full-time workers and added 796,000 part-time workers.

US Employment Reports Greatly Exaggerated, Over 400,000 Jobs Mistakenly Added to Total (msn.com)

All lies in an attempt to make the perverted, demented, corrupt braindead biden look good.
Western Journal.....


**** rube.
 
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Sumela
8 Apr 2024 8:27 am
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LowIQTrash » 07 Apr 2024, 11:09 pm » wrote: But the SP 500 will hit 5300 soon!
Im so excited!!!

The printing press is hard at work!

Image
 
 
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Buffalo
8 Apr 2024 8:54 am
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R.Suave » 08 Apr 2024, 8:26 am » wrote: Western Journal.....

**** rube.
Using BLS figures, **** IDIOT!!!
 
R. Suave
8 Apr 2024 9:38 am
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Buffalo » 08 Apr 2024, 8:54 am » wrote: Using BLS figures, **** IDIOT!!!
Household Survey?
R. Suave
8 Apr 2024 9:42 am
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Buffalo » 08 Apr 2024, 8:03 am » wrote: You are the ****, liberal IDIOT!!!  The braindead biden's handlers (because braindead biden has NO clue) continually lie and YOU believe them...

US Employment Reports Greatly Exaggerated, Over 400,000 Jobs Mistakenly Added to Total

Story by Jack Davis

"The problem of overstated job numbers is not a new one.

Bureau of Labor Statistics figures have been wrong before.

In August, the agency admitted that from March 2022 to March 2023, it overstated job growth by 306,000 jobs. The totals included a 358,000 decline in private sector jobs and an increase in government hiring of 52,000 jobs.

In December 2022, the Philadelphia Federal Reserve Bank estimated that the official federal data overstated growth by 1.1 million jobs in the second quarter of 2022.

#Bidenomics \- two new jobs created per person and you're working both of them.#DementiaJoe https://t.co/HinLnPPNRE— Thomas J. Quinlan (@thomas_quinlan) January 4, 2024

The totals are only part of what Fox Business noted in the job numbers.

One area of job growth in the past three months has been the government sector. Taxpayer-funded government jobs increased at a rate of about 50,000 a month, according to Fox.

December’s jobs report showed 683,000 people stopped looking for work.

Fox Business said a record 8.69 million people now hold multiple jobs, noting that since June, the economy has shed 1.5 million full-time workers and added 796,000 part-time workers.

US Employment Reports Greatly Exaggerated, Over 400,000 Jobs Mistakenly Added to Total (msn.com)

All lies in an attempt to make the perverted, demented, corrupt braindead biden look good.
Nearly 8.4 million people held multiple jobs in October, the Labor Department reported Friday. They represent 5.2% of the workforce, the largest share of moonlighters since January 2020.


 
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Zeets2
8 Apr 2024 10:16 am
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R.Suave » 05 Apr 2024, 9:17 pm » wrote: Actually, your assertion means nothing

In March, job gains occurred in health care, government, and construction. (See table B-1.)

https://www.bls.gov/news.release/empsit.nr0.htm
Hey stupid!
What makes you think that job gains in an already severely bloated government bureaucracy are looked at as good for the economy by most people?
Secondly, OF COURSE there MUST BE gains to healthcare WHEN TAXPAYERS ARE FORCED TO FUND THE HEALTHCARE COSTS OF 10 MILLION NEW ILLEGALS WHO DON'T PAY A DIME FOR IT, while the cost of healthcare for US citizens continues to skyrocket?
Health care costs at work set to rise steeply in 2024
Employers face a steep jump in health care costs for 2024
By Tami Luhby, CNN  October 31, 2023
https://www.cnn.com/2023/10/31/politics ... index.html
 
Insurers Say Health Care Costs Will Jump in 2024
January 2, 2024 | Kathryn Mayer
https://www.shrm.org/topics-tools/news/ ... h-wtw-buck
Now, here's an easy question that even a Democrat dope like you should realize.

We know that Biden has no plans to actually close the border over the next six months, and that's the most important policy that voters are looking at this year.
Second most is the rising inflation rate.  Now what do you think the result will be when the government is paying hundreds of billions more to give to illegals, hundreds of billions for Ukraine, and Biden is STILL giving hundreds of billions to cover student loan debt, still wasting on the hoax of climate change, NONE OF WHICH ARE SUPPORTED BY VOTERS and will force inflation rates to skyrocket again, just in time to piss off voters even more as Election Day approaches?  Add that to the fact that housing costs, food prices and gas prices are all rising rapidly once again on top of the health insurance costs increase (the third most important concern of voters), and what do you think all this spending are going to do to the inflation rate, genius?  
Summer Pump Prices Set to Hit $4 a Gallon Just as Americans Hit the Road
  • AAA sees national average rising during key driving season
  • Low inventory, supply concerns are pushing prices higher
Bloomberg By Josyana Joshua March 25, 2024
https://finance.yahoo.com/news/summer-p ... 13821.html
 
USDA: Grocery food prices will increase in most categories in 2024
Supermarket News by Bill Wilson | Mar 28, 2024
https://www.supermarketnews.com/retail- ... ories-2024
 
Inflation Remains Sticky due to Persistent Housing Costs
National Association of Home Builders Fan-Yu Kuo February 13, 20242

Consumer prices picked up again in January while core prices remained elevated, especially housing costs.
https://eyeonhousing.org/2024/02/inflat ... ing-costs/
Care to deny any of it, dickhead?
 
 
Harper Lee
8 Apr 2024 10:17 am
      
8,950 posts
Bidencrimefamily » 05 Apr 2024, 8:24 am » wrote: The economy is red hot. Way to go Biden.
Unemployment rate was lower under Trump in 2019
 
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LowIQTrash
8 Apr 2024 10:57 am
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Sumela » 08 Apr 2024, 8:27 am » wrote: Im so excited!!!

The printing press is hard at work!

Image
I’m trying to come up with alternatives to Dmitry Orlov’s suggestion of buying a used boat with a cabin and paying minimal marina fees as a makeshift home. 

Used boat = $30-40K
marina fees are like $50-$90 a month I believe

I sure am hell never sleeping in a RV 

There are cheap plots of land elsewhere in the world (like rural Japan - a house costs less than $100K USD) and so forth. 


Anyone who isn’t rich (10M+ NW) or wealthy ($35M+ NW) and wants to buy a cheaply built, deficient in many ways house in 2024 - for non investment purposes - while paying ever rising property taxes (“but my housing equity!” - **** idiots) is probably missing a few parts of his or her brain.

Everything is literally a scam at this point. Good deals are always well hidden.
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