To Biden’s credit, the unemployment rate has fallen from 6.4% when he took office to 3.6% in June. Today’s figure is a notch higher than the 3.5% joblessness that Americans enjoyed in February 2020, thanks to President Donald Trump’s Republican tax cuts, deregulation, energy dominance, and other pro-growth initiatives.
Tragically, just a month later, COVID-19 padlocked earth’s economy and capsized so much of the progress that Trump had achieved.
Personal observation. Whenever a Democrat has been elected during my adult lifetime, my personal economic situation goes to hell in a handbaskst (in including two job losses as a direct result). Whenever a Republican has been elected, my economic situation improved nicely.
ReplyDeleteWhat's really telling is to simply watch what banks do when a democrat is elected. They largely seem to just lock everything down and try to set up to weather the next 4 years.
Delete“To Biden’s credit, the unemployment rate has fallen from 6.4% when he took office to 3.6% in June.”
ReplyDeleteBidet’s credit? More like Republican Governors saying “Fuck this!”, ditching wuflu restrictions (that were unconstitutional and just plain stupid) and opening up their states.
Think grocery prices are high now? We ain’t seen nothing yet!
gee, I don't know. going from 40 bucks to fill the tank up to 90 bucks kind of sucks
ReplyDeletebut when we spending over 400 per shopping trip, that is fucked up.
so, ya, my life so much fucking better now that I broke in a week and half after payday.
who needs money in the bank anyway ?
Wait just a minute. Biden is taking credit for people that were laid off due to the pandemic and his new policies and then layer re-hired. I would like to know how many NET jobs were actually created.
ReplyDelete"To Biden’s credit, the unemployment rate has fallen from 6.4% when he took office to 3.6%"
ReplyDeleteHorse poop. It had nothing to do with him other than he stood idly by and watched people go back to work after the lockdowns were lifted and the small businesses that survived started hiring again.
Nemo
Nope, haven't hit bottom, but they're Digging as fast as they can.
ReplyDelete