Joe Biden Added Zero Jobs To The Economy In 2021 | The Daily Wire
Read it and weep. His policies are awful, inflation is at 7%, the country is more divided than ever, vaccine mandates have created shortages in hospitals and global warming? Well the Pats and Bills play on Sat night, which is scheduled to be one of the coldest NFL games EVER.
Let's Go Brandon....
We’ve added nearly 6 million jobs this year — the most of any first-year president in history,” said White House spokesperson Jen Psaki just before Christmas.
New analysis shows that the Biden administration’s economic policies did not add a single job to the U.S. economy in the last year; in fact, they may have cost more than 100,000 jobs.
Last February, the Congressional Budget Office estimated the U.S. economy would add an average of 521,000 jobs a month between the fourth quarter of 2020 and the fourth quarter of 2021 — creating a total of 6,252,000 jobs. One year later, data show that the U.S. economy added 6,116,000 jobs during that time period — 136,000 fewer jobs than the CBO estimated. But the CBO based its estimate on the economic policies of the Trump administration; the 6.252 million jobs would have been created if Joe Biden had done nothing, according to Matt Weidinger of the American Enterprise Institute.
As it turns out, the Biden administration knew it was lying when it made the infrastructure claim. Biden and Harris cited a report from Moody’s Analytics while claiming the infrastructure investment would create “millions” of new jobs. But the Biden administration admitted that the new legislation would not create millions of jobs; it would allegedly be responsible for millions of “job-years.” What’s a job-year? It means one person holding a new job for one year:
The Biden administration takes credit for President Trump’s economy while apparently depressing the number of jobs created, all at the cost of more than $3 trillion. That’s nothing to brag about.
