The Banker
Diamond Member
- Banned
- #1
Jobs Jobs and more Jobs !!!!!
This morning the JOLTs job openings data surge to 11+M !!!
Go Joe !
We currently have the best labor market ever.
Just to be clear, under Trump the max was only 7M JOLTs openings, Biden has destroyed that. Biden has destroyed Trump.
Why is Biden's Job market so much better than Trumps? Because Trump handed out $ trillions in tax cuts to the ultra wealthy, which does little to boost the economy. Biden passed the inflation reduction act AND infrastructure bill which has produced an incredible amount of jobs, and will continue to create jobs.
People have a choice, tax cuts for the ultra wealthy that then turn into GOP campaign donations but do little to boost the economy (that's why Trump had weak low GDP growth and mega massive world record debt), or great jobs for the middle class, that then boosts the economy.
This is why the economy does better under Dems than republicans. Even if we have a FED induced recession the economy will recover strongly due to Biden's incredibly strong labor market.
This morning the JOLTs job openings data surge to 11+M !!!
Go Joe !
We currently have the best labor market ever.
Just to be clear, under Trump the max was only 7M JOLTs openings, Biden has destroyed that. Biden has destroyed Trump.
Why is Biden's Job market so much better than Trumps? Because Trump handed out $ trillions in tax cuts to the ultra wealthy, which does little to boost the economy. Biden passed the inflation reduction act AND infrastructure bill which has produced an incredible amount of jobs, and will continue to create jobs.
People have a choice, tax cuts for the ultra wealthy that then turn into GOP campaign donations but do little to boost the economy (that's why Trump had weak low GDP growth and mega massive world record debt), or great jobs for the middle class, that then boosts the economy.
This is why the economy does better under Dems than republicans. Even if we have a FED induced recession the economy will recover strongly due to Biden's incredibly strong labor market.
Job openings unexpectedly climb in December; quits rate stays steady
December Job Openings: 11.012M vs. 10.2M consensus and 10.440M prior (revised from 10.458M).Job openings rate: 6.7%, vs
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