BIDEN HARRIS ECONOMY EVEN WORSE THAN THOUGHT EARLIER

User avatar
By righteous
20 Aug 2024 9:39 pm in No Holds Barred Political Forum
1 2 3 4 5 6
User avatar
righteous
22 Aug 2024 8:35 pm
User avatar
      
9,833 posts
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.

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.
 
User avatar
Sumela
22 Aug 2024 8:43 pm
User avatar
      
21,730 posts
righteous » 22 Aug 2024, 8:35 pm » wrote: ↑ 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.

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.
And the DEMS claim to LOOOOOOVE the poor and struggling people. :LOL:  

Meanwhile, tent cities continue to explode in every big city :shock:  

Image

 
User avatar
righteous
22 Aug 2024 8:51 pm
User avatar
      
9,833 posts
Sumela » 22 Aug 2024, 8:43 pm » wrote: ↑ And the DEMS claim to LOOOOOOVE the poor and struggling people. Image  

Meanwhile, tent cities continue to explode in every big city Image  

Image

:rofl:   GO FIGURE
THEY CLAIM THEY'VE CREATED SO MANY MORE JOBS YET HOMELESSNESS AND POVERTY ARE AT RECORD HIGHS.
DUMBING DOWN THE POPULATION, LEFTISTS ARE THE FIRST TO OBLIGE  
User avatar
Sumela
22 Aug 2024 8:56 pm
User avatar
      
21,730 posts
righteous » 22 Aug 2024, 8:51 pm » wrote: ↑ Image   GO FIGURE
THEY CLAIM THEY'VE CREATED SO MANY MORE JOBS YET HOMELESSNESS AND POVERTY ARE AT RECORD HIGHS.
DUMBING DOWN THE POPULATION, LEFTISTS ARE THE FIRST TO OBLIGE
Feels like American style "capitalism""free enterprise" is overrated.

Hard for me to say as a life-long con of some variety.

Being open to change of mind is a blessing.
 
User avatar
righteous
22 Aug 2024 9:16 pm
User avatar
      
9,833 posts
Sumela » 22 Aug 2024, 8:56 pm » wrote: ↑ Feels like American style "capitalism""free enterprise" is overrated.

Hard for me to say as a life-long con of some variety.

Being open to change of mind is a blessing.
I THINK IT IS OVERATED IN AN ADMINISTRATION THAT PUSHES GOVERNMENT CONTROL OF THE POPULATION, THE KILLING OF SMALL BUSINESSES, DEPENDENCE ON GOVERNMENT, GUN CONTROL, BABY KILLING, GOVERNMENT CHOOSING LEADERS IN OTHER COUNTRIES AGAINST THE PEOPLES DECISION  
User avatar
LowIQTrash
22 Aug 2024 9:40 pm
User avatar
     
3,398 posts
righteous » 22 Aug 2024, 7:54 pm » wrote: ↑
  • The largest sectors with downward revisions were professional and business services (-358,000), leisure and hospitality (-150,000), retail trade (-129,000), and manufacturing (-115,000).
  • Some sectors saw smaller upward revisions: private education and health services (87,000), transportation and warehousing (56,400), other services (21,000), utilities (1,700) and government (1,000).
  • Notably, this revision lowered total employment down by 0.5 percent – 5 times the annual average revision of the past 10 years.

I said the real unemployment is around 2x official rate months ago  :rofl: 

If you think this is bad just wait until the stock market crashes and companies lay off millions, not just tens of thousands (which they already are)
User avatar
Sumela
22 Aug 2024 9:46 pm
User avatar
      
21,730 posts
LowIQTrash » 22 Aug 2024, 9:40 pm » wrote: ↑ I said the real unemployment is around 2x official rate months ago  Image 

If you think this is bad just wait until the stock market crashes and companies lay off millions, not just tens of thousands (which they already are)
Tent cities do not create themselves....

Neo-Liberalism makes them. 
 
User avatar
Jantje_Smit
22 Aug 2024 11:49 pm
User avatar
      
6,471 posts
This..

:rofl:  

Image
 
In memory of Pumpkins

Image
User avatar
LowIQTrash
23 Aug 2024 2:51 am
User avatar
     
3,398 posts
righteous » 22 Aug 2024, 8:35 pm » wrote: ↑ 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.

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.
The Bureau of Labor Statistics has been falsifying data about employment since 1980. After President Reagan was elected, his administration was desperate to “prove” that Reaganomics was a blistering success. One of the sleight of hands performed by the BLS was integrating military service members into the category of “employed.” 

(Previously they were neither counted as employed nor unemployed)

Subsequent administrations would continue to make changes to the heuristics of calculating this seemingly simple statistic. Perhaps the worst offender was President Obama’s administration, when millions ran out of unemployment benefits in 2010-2012 yet they did not find gainful employment thereafter.





 
User avatar
LowIQTrash
23 Aug 2024 4:18 am
User avatar
     
3,398 posts
Sumela » 22 Aug 2024, 9:46 pm » wrote: ↑ Tent cities do not create themselves....

Neo-Liberalism makes them.

according to retarded conjobz that is the fault of SOSHALIZM!!!!

:ninja:  

retarded libTURDS claim to care about the poor

retarded conJOBZ claim that everything that is wrong economically is due to SOSHALIZM 
User avatar
Blackvegetable
23 Aug 2024 5:24 am
User avatar
Child Groomer, Sexual Predator
58,603 posts
golfboy » 22 Aug 2024, 7:08 pm » wrote: ↑ Obama jobs?  How so?
It's your **** logic, idiot.

You figure it out.
 
User avatar
Blackvegetable
23 Aug 2024 5:25 am
User avatar
Child Groomer, Sexual Predator
58,603 posts
righteous » 22 Aug 2024, 7:03 pm » wrote: ↑ THE THREAD IS ABOUT THE FRAUD, THE DECEIT, THE LIES SPREAD BY THE CURRRENT CRIME ORGANIZATION WITH REGARDS TO THE FALSE NUMBERS REPORTED ABOUT JOB CREATION.

SECONDLY, 90 PERCENT OF THE JOBS WERE BOTH PART TIME AND MINIMUM WAGE JOBS CREATED FOR THE MASSIVE ILLEGAL, LAW BREAKING INFLUX OF ILLEGAL IMMIGRANTS ALLOWED HERE FOR THE PURPOSE OF VOTING THIS NEXT GENERAL ELECTION

TAKE THE CORK OUT OF YOUR ***, ANTIFA EGGPLANT ***.
MIGHT HELP WITH THE DYSLEXIA   
 Image
You're a tedious **** who has no idea what he's yapping about.
Harper Lee
23 Aug 2024 5:29 am
      
9,454 posts
Blackvegetable » 23 Aug 2024, 5:25 am » wrote: ↑ You're a tedious **** who has no idea what he's yapping about.
800,000 jobs they bragged about....

...that never happened 
 
User avatar
Blackvegetable
23 Aug 2024 5:36 am
User avatar
Child Groomer, Sexual Predator
58,603 posts
BooRadley » 23 Aug 2024, 5:29 am » wrote: ↑ 800,000 jobs they bragged about....

...that never happened
How many does that leave?
User avatar
sole
23 Aug 2024 6:53 am
User avatar
      
27,282 posts
golfboy » 22 Aug 2024, 6:09 pm » wrote: ↑ But I KNOW you're a liar, so why wouldn't I believe him over you?
Every denier understands the greater lie working forward daily.
User avatar
EDC4ALL!
23 Aug 2024 10:06 am
User avatar
   
1,098 posts
31stArrival » 22 Aug 2024, 5:42 pm » wrote: ↑ Check your calendar again. Joe wasn't in office until 3rd week in january of 2021. Unless you are calling Trump sleepy Joe.

I stand corrected. I was thinking when he was elected. At the same time sleepy joes administration NEEDLESSLY kept this country on lock down and supressed the science that went against their agenda. They used Covid as an excuse to keep sleepy joe under wraps during the election cycle so people wouldn't see how addled he really was. Iv'e always said follow the $$$. Fauci was an unknown and became a millionaire, but he can't seem to recall who's idea the 6 ft rule was, and also states that masks do little to nothing to stop the spread. Closed down mom and pop businesses, but kept big box stores open. Can't go to church because of Covid (even outdoor ceremonies), but riots and protesting was just fine. It always cracked me up when the Dems ripped Trump about Covid. Said he was paranoid. Nancy encouraged everyone to com on down to Chinatown and party. Trumps gets the ball rolling on the vax and all the Dems state they will not take Trumps vax. Biden takes office and everything changed. Instantly. Hmmmmm..........
User avatar
Zeets2
23 Aug 2024 10:50 am
User avatar
      
7,256 posts
righteous » 22 Aug 2024, 7:54 pm » wrote: ↑
  • The largest sectors with downward revisions were professional and business services (-358,000), leisure and hospitality (-150,000), retail trade (-129,000), and manufacturing (-115,000).
  • Some sectors saw smaller upward revisions: private education and health services (87,000), transportation and warehousing (56,400), other services (21,000), utilities (1,700) and government (1,000).
  • Notably, this revision lowered total employment down by 0.5 percent – 5 times the annual average revision of the past 10 years.
You know what's even MORE striking to me?
The fact that GOVERNMENT workers DID NOT suffer any of those job losses due to the correction, and neither did the healthcare industry, which were ONLY needed because of the flood of illegals demanding the free healthcare and hospital services THAT WE TAXPAYERS WERE FORCED TO PAY FOR!

NONE of those jobs contributed to the economic health of this country!  THEY MADE IT FAR WORSE!!
 
Buck Naked
23 Aug 2024 11:30 am
Child Groomer, Sexual Predator
18,854 posts
Man she looks rough on the right 
User avatar
Sumela
23 Aug 2024 12:38 pm
User avatar
      
21,730 posts
LowIQTrash » 23 Aug 2024, 4:18 am » wrote: ↑ according to retarded conjobz that is the fault of SOSHALIZM!!!!

Image  

retarded libTURDS claim to care about the poor

retarded conJOBZ claim that everything that is wrong economically is due to SOSHALIZM
:rolleyes:  They are both married to narratives fed to them by the Oligarchs.
And they never dare to question the validity of these moronic narratives.
 
User avatar
righteous
23 Aug 2024 1:53 pm
User avatar
      
9,833 posts
Blackvegetable » 23 Aug 2024, 5:25 am » wrote: ↑ You're a tedious **** who has no idea what he's yapping about.
YOU'RE JUST ANOTHER *** JEW SEWN TO THE CROTCH OF BIG DICK PSYCHOTIC RADICAL LIBERALISM.
YOU FEED ON THE GISM JUICE FED TO YOU BY MSM CONTROLLED GOVERNMENT.  A COMBINATION OF THE *** THAT NEVER LEARNS AND THE POOR SLOB JEW THINKING THAT HELPING THE GLOBALIST JEW WILL BENEFIT HIMSELF.

POOR ANTIFA EGGPLANT ***
**** PUTZ
Image
 
1 2 3 4 5 6

Who is online

In total there are 7486 users online :: 7 registered, 15 bots, and 7464 guests
Bots: linkfluence.com, LCC, Not, Bolt, TTD-Content, ADmantX, proximic, Mediatoolkitbot, CriteoBot, facebookexternalhit, Mediapartners-Google, Applebot, Googlebot, curl/7, bingbot
Updated 2 minutes ago
© 2012-2026 Liberal Forum

Search