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You said we couldn’t point to a policy that increased employment. That is false.The economy grows when people go out and spend money. Much of the money people got were to pay bills they were behind either because of losing their job, home sick with covid, or a huge reduction of hours. The smaller portion of people who did spend money IF they could find the items they wanted did not have any affect on the unemployment numbers for July. Only one major change took place, and that is the Republican states who stopped the fed unemployment addition.
Most of the jobs are 'McJobs'. Most are in the service industry AKA frying burgers for minimum wage.Dow, S&P 500 hit record highs after strong jobs report
June was revised up, as well, to just under 1 million. Even conservatives have to be happy about this progress.
Friday’s jobs report showed that the U.S. economy added 943,000 jobs in July, according to the Labor Department. Economists expected the economy to have added 845,000 jobs last month, according to estimates from Dow Jones. The unemployment rate dropped to 5.4%, below the estimate of 5.7%.
Bank shares led the gains post-jobs report as rates shot higher, increasing their profitability prospects. Shares of JPMorgan rose more than 2%, while Bank of America and Wells Fargo climbed more than 3%. Industrials, retailers and energy stocks also gained as the jobs report soothed concerns about the economic comeback.
That Joe Biden. He is right up there with the men who built America...his game is to be on the stage.. pontificating any piece of legislation. Its what Progs do. This infrastructure bill is 4 years or so to late.You said we couldn’t point to a policy that increased employment. That is false.
What you should have said is we couldn’t point to a policy that increased employment that would would agree with.
And that second statement is true, because you will refuse to believe anything Biden does is good.
Right wing Republicans have been trying that stupid claim for 30 years. Recycling whines about Clinton's job number successes is so last centuryMost of the jobs are 'McJobs'.
You said we couldn’t point to a policy that increased employment. That is false.
What you should have said is we couldn’t point to a policy that increased employment that would would agree with.
And that second statement is true, because you will refuse to believe anything Biden does is good.
Only 4 little shithole red stats cut the benefits June 12, most other states like Texas and Florida didn't cut them until June 26, having no effect on the June or July numbers, as you well knew, which is why you LIED about the cuts starting in May, you knew they needed more time to have an effect on June +938,000 or July +943,000 numbers.
More pure BULLSHIT!
That's per couple...with more for kids.If a crummy 1400 bucks could jump start the economy of 330 million people, don't you think they'd use it every time?
If Trump were in charge unemployment would be 8% because he would be doing such a poor job at managing the pandemic and never would have passed economic stimulus and government would be at a standstill due to his intransigence, selfishness and chaotic governing.If Trump were in charge, we'd be in the low 4% range in unemployment because he would have never signed on to the federal unemployment addition.
"New jobs" or did unemployment run out? There might be jobs around but nobody wants to fill them.
If Trump were in charge unemployment would be 8% because he would be doing such a poor job at managing the pandemic and never would have passed economic stimulus and government would be at a standstill due to his intransigence, selfishness and chaotic governing.
See, the dishonesty here is that you expect everyone to adhere to your pro-Trump dogma.
That's per couple...with more for kids.
Yea...that money matters.
What are you...rich?
Wrong. That money was gone as soon as people received it. Mine went straight to property taxes.The effects of the package are still going through the economy. Everyone knows this is a huge boost for the economy.
And what do you think THAT did. Do you think it disappears?Wrong. That money was gone as soon as people received it. Mine went straight to property taxes.
You’re wrong about the contents of the package.Wrong. That money was gone as soon as people received it. Mine went straight to property taxes.
www.forbes.com
Like I said. It’s spent as soon as it is received. I know several people with kids. They spent it on new cars, new appliances and trips.You’re wrong about the contents of the package.
Just a single example;
The IRS To Start Automatically Sending Monthly Child Tax Credit Payments July 15
The Internal Revenue Service (IRS) announced in May it will automatically send monthly child tax credit payments to families who qualify starting July 15. About 39 million households, which covers 88% of children in the United States, will receive the payments. In March, President Joe Biden signe
Sounds like a great economic stimulus.Like I said. It’s spent as soon as it is received. I know several people with kids. They spent it on new cars, new appliances and trips.
LIAR! Only 4 states made the cut June 12th, most of the rest cut them on June 26, obviously having no effect on the million June jobs, and therefore no effect on the July million jobs.Nope. 17 stated did it including mine. We were late in the game, and even our fed cut was in June.
YES please!Would you like the numbers from the bureau of labor off their website?
