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Joe Biden Presidency thread *Please read OP - Threadbanned Users Added 4/5/21*
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This morning, we got some good news from the jobs report. We added 250,000 jobs last month. That’s on top of the 12 million jobs we’ve already had since we came in office a little over two years ago.
Unemployment rate is at 3.4%, which is the lowest in 50 years. Black employment has hit a record low, and the really good news is working age Americans are participating in the labor force with the highest rate in 15 years, not just since the pandemic, in 15 years.
And the working age women are participating at the highest rate in 75 years. Inflation is now down 40% since last summer. It’s come down the last nine months in a row. We obviously have more work to do, but we’re trending in the right direction. And I think we’re making real progress.
Unfortunately, our, I won’t say Republican because I think they’re not, they’re pretty well divided, but MAGA Republicans in Congress are threatening to undo all this progress by letting us, quote, “default on the debt” unless we agree to their demands. The two are totally unrelated.
Whether you pay the debt or not, doesn’t have a damn thing to do with what your budget is, what your budget is. Where are you going to spend money? How are you going to raise the money? What are you going to cut? Where are you going? That’s, they’re two separate issues. Two, let’s get it straight. We’re trying to hold the debt hostage to us to agree to some draconian cuts, magnificently difficult and damaging cuts.
Victory lap indeed, his predecessor left office with fewer jobs in the economy than when he began his term.
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Victory lap indeed, his predecessor left office with fewer jobs in the economy than when he began his term
Misinformation. The Pandemic caused the loss of jobs. Biden is trying to take credit for job rates returning to pre-pandemic levels.
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Misinformation. The Pandemic caused the loss of jobs.
The POTUS is credited with the jobs report under their tenure. This was also the standard under Obama, irregardless of whether or not job losses occurred as a Result of a Bush Era Economic Disaster. No ink was spared in scorching Obama for his first few years of net job losses.
What you see in those tweets is mere snivelry from the right. They lambasted Obama on the economy, GDP, and Jobs, and when Trump did worse on all 3 of those metrics, "wah but the pandemic [that Trump said he very much had under control and will just go away by summer]"
As a result of empty wall street stock-buyback economics and a pandemic he had no idea what he was doing with, Trump left office with 3 million fewer jobs than when he started. Even after accounting for the post-lockdown rebound in 2020.
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Slow Biden Week continues with this very real post from my Congressman yelling like a crazy person that Biden is 'coming for my dishwasher' soon.
Which is a lot like implying Energy Star Certification adoption (an EPA program) meant the Maytag man kicked down your door and took your old, inefficient dishwasher from you and left you a hole in the wall until you went out and bought a new one from the DOE.
Hide your kids, hide your wife, hide your dishwasher and stove, 87k armed IRS agents are going to shoot in your door and take your appliances everyone.
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