This week in Biden economics: almost everything is grrat

[Billy000]

This week in Bidenomics: Almost everything is great

Job and wage growth are strong and enduring. That's not good enough, however.

www.yahoo.com

No doubt inflation remains a problem, but republicans pretending that everything else is not doing very well is definitely pretty pitiful.

“Employers added 431,000 new jobs in March, a muscular pace of hiring that shows no sign of abating. Job creation is averaging 562,000 new jobs per month so far this year, and 565,000 new jobs per month since President Biden took office in 2021. At this rate, the economy will exceed pre-pandemic levels of employment by summer. The unemployment rate dropped from 3.8% to 3.6% and is also on track to match or beat the Trump-era low any month now.

Wages are growing 5.6% per year, far above pre-pandemic levels, with the biggest gains coming among the lowest-paid workers. Jobs and wages are booming in industries crushed by the COVID pandemic that exploded two years ago, including restaurants and travel. Employers still report a near-record 11.3 million job openings, which suggests the labor market will stay hot for the foreseeable future”

 

[fncceo]

 

[Billy000]

View attachment 624841

Yeah this sort of childish, disingenuous response is exactly what I was expecting.

 

[Dogmaphobe]

Hope you're having a grrat day, Billy.

 

[BackAgain]

It’s not just grrat, it’s maggnifficcenntt.

 

[C_Clayton_Jones]

This week in Bidenomics: Almost everything is great

Job and wage growth are strong and enduring. That's not good enough, however.

www.yahoo.com

No doubt inflation remains a problem, but republicans pretending that everything else is not doing very well is definitely pretty pitiful.

“Employers added 431,000 new jobs in March, a muscular pace of hiring that shows no sign of abating. Job creation is averaging 562,000 new jobs per month so far this year, and 565,000 new jobs per month since President Biden took office in 2021. At this rate, the economy will exceed pre-pandemic levels of employment by summer. The unemployment rate dropped from 3.8% to 3.6% and is also on track to match or beat the Trump-era low any month now.

Wages are growing 5.6% per year, far above pre-pandemic levels, with the biggest gains coming among the lowest-paid workers. Jobs and wages are booming in industries crushed by the COVID pandemic that exploded two years ago, including restaurants and travel. Employers still report a near-record 11.3 million job openings, which suggests the labor market will stay hot for the foreseeable future”

Well done, President Biden.

 

[fncceo]

It's assbulutly fbbbuless

 

[Billy000]

It's assbulutly fbbbuless

I love how I clearly state that inflation is still a problem but you pretend I didn’t because you’re a child.

 

[blackhawk]

I do love how partisan hacks on both sides bitch about the other side doing the same thing they did when their party was not the one in power. Selective memory, lack of self awareness and hypocrisy are three of the things all partisan hacks have in common.

 

[BackAgain]

Well done, President Biden.

 

[Toddsterpatriot]

No doubt inflation remains a problem,

Ya think? DURR

 

[Toddsterpatriot]

Wages are growing 5.6% per year, far above pre-pandemic levels,

Real wages are falling? I guess everything else is not doing very well.

 

[Toddsterpatriot]

This week in Bidenomics: Almost everything is great

Job and wage growth are strong and enduring. That's not good enough, however.

www.yahoo.com

No doubt inflation remains a problem, but republicans pretending that everything else is not doing very well is definitely pretty pitiful.

“Employers added 431,000 new jobs in March, a muscular pace of hiring that shows no sign of abating. Job creation is averaging 562,000 new jobs per month so far this year, and 565,000 new jobs per month since President Biden took office in 2021. At this rate, the economy will exceed pre-pandemic levels of employment by summer. The unemployment rate dropped from 3.8% to 3.6% and is also on track to match or beat the Trump-era low any month now.

Wages are growing 5.6% per year, far above pre-pandemic levels, with the biggest gains coming among the lowest-paid workers. Jobs and wages are booming in industries crushed by the COVID pandemic that exploded two years ago, including restaurants and travel. Employers still report a near-record 11.3 million job openings, which suggests the labor market will stay hot for the foreseeable future”

Real average hourly earnings for all employees decreased 0.8 percent from January to February,
seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from
essentially no change in average hourly earnings combined with an increase of 0.8 percent in the
Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings decreased 0.5 percent over the month due to the change in real average hourly earnings combined with an increase of 0.3 percent in the average workweek.

Real average hourly earnings decreased 2.6 percent, seasonally adjusted, from February 2021 to February 2022. The change in real average hourly earnings combined with an increase of 0.3 percent in the average workweek resulted in a 2.3-percent decrease in real average weekly earnings over this period.

Real Earnings Summary - 2024 M02 Results

www.bls.gov

Holy shit! That's even worse than the shitty job Obama did for workers' wages.

 

[Thinker101]

Yeah this sort of childish, disingenuous response is exactly what I was expecting.

Yep, must be the only thing in your miserable life you were expecting. Every damn thing Bidung has touched turns out to be a cluster f**k and seems to surprise you loons. And you were told, many times, how things would turn out.

 

[Billy000]

Real average hourly earnings for all employees decreased 0.8 percent from January to February,
seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from
essentially no change in average hourly earnings combined with an increase of 0.8 percent in the
Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings decreased 0.5 percent over the month due to the change in real average hourly earnings combined with an increase of 0.3 percent in the average workweek.

Real average hourly earnings decreased 2.6 percent, seasonally adjusted, from February 2021 to February 2022. The change in real average hourly earnings combined with an increase of 0.3 percent in the average workweek resulted in a 2.3-percent decrease in real average weekly earnings over this period.

Real Earnings Summary - 2024 M02 Results

www.bls.gov

Holy shit! That's even worse than the shitty job Obama did for workers' wages.

Lol this is so stupid. How exactly does this compare to real wage growth under prior presidents? How about you find the real wage growth under Trump?

 

[Billy000]

Ya think? DURR

Yeah no shit you dumb fuck. Derp! You’ll take anything you can get huh?

 

[Orangecat]

 

[Billy000]

Yep, must be the only thing in your miserable life you were expecting. Every damn thing Bidung has touched turns out to be a cluster f**k and seems to surprise you loons. And you were told, many times, how things would turn out.

Lol republicans lack any objectivity whatsoever so that’s why you got butthurt. I can make concessions about inflation and you can’t handle it because you know you can’t take the intellectual high ground. You lose like always. Your fallacious black and white thinking about the economy as it compares to republicans and democrats will always be the only position you can handle. Nuance and objectivity is something you can never achieve.

 

[Thinker101]

Lol republicans lack any objectivity whatsoever so that’s why you got butthurt. I can make concessions about inflation and you can’t handle it because you know you can’t take the intellectual high ground. You lose like always. Your fallacious black and white thinking about the economy as it compares to republicans and democrats will always be the only position you can handle. Nuance and objectivity is something you can never achieve.

Great, let me know when you make concessions on oil prices, crime and the border...and pretty quicky here, food prices.

 

[flacaltenn]

This week in Bidenomics: Almost everything is great

Job and wage growth are strong and enduring. That's not good enough, however.

www.yahoo.com

No doubt inflation remains a problem, but republicans pretending that everything else is not doing very well is definitely pretty pitiful.

“Employers added 431,000 new jobs in March, a muscular pace of hiring that shows no sign of abating. Job creation is averaging 562,000 new jobs per month so far this year, and 565,000 new jobs per month since President Biden took office in 2021. At this rate, the economy will exceed pre-pandemic levels of employment by summer. The unemployment rate dropped from 3.8% to 3.6% and is also on track to match or beat the Trump-era low any month now.

Wages are growing 5.6% per year, far above pre-pandemic levels, with the biggest gains coming among the lowest-paid workers. Jobs and wages are booming in industries crushed by the COVID pandemic that exploded two years ago, including restaurants and travel. Employers still report a near-record 11.3 million job openings, which suggests the labor market will stay hot for the foreseeable future”

I love a big laugh when ANY tribal leftist tries to defend this losing choice Administration.. You're very brave and you spin with the best of 'em.

One of the very FEW USMB threads where ANYONE that voted this madness is brave enough to ATTEMPT to defend the indefensible. Good luck party warrior !!!!!