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Don’t Let Biden Gaslight You About The
Jobs Situation

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Posted By: RockyTCB, 4/7/2023 7:32:22 AM

Whatever the Bureau of Labor Statistics reports today about job growth and the unemployment rate, you can bet that President Joe Biden will use it as an opportunity to brag about his superb handling of the economy. The one thing Biden is good at is lying with statistics. Biden will probably claim that he’s overseen a record number of new jobs – the most in history. The press will dutifully regurgitate White House talking points. But the numbers getting bandied about these days about job growth and unemployment are wildly misleading because they ignore important bits of context. Such as:

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Reply 1 - Posted by: mean Gene 4/7/2023 7:48:40 AM (No. 1442971)
Those with jobs have been getting pay cuts thanks to the high inflation rates that Biden’s $2 trillion “rescue plan” unleashed. While real average hourly earnings went up under Trump, they’ve been steadily falling ever since, and are now 4% below where they were when Biden took office. Expect inflation to soar to banana republic heights once all those 30+ BRICS countries start letting go of their dollars. China, alone, has over $1Trillion in dollars it no longer needs now that it is abandoning using the dollar as their oil currency.
3 people like this.

Reply 2 - Posted by: DiegoDude 4/7/2023 8:33:19 AM (No. 1443013)
These are probably jobs that were lost during Covid shutdowns that are now rebounding.
4 people like this.

Reply 3 - Posted by: tootall 4/7/2023 9:08:08 AM (No. 1443040)
FTA: 'Where did the 4.9 million people go?' The article says they just dropped out and stopped looking. One might also want to check the masssive increase in permanent disability claims due (in part) to adverse reactions from the Covid vaccines.
6 people like this.

Reply 4 - Posted by: Birddog 4/7/2023 9:13:09 AM (No. 1443042)
This piece fails to mention...approx 6 Million illegal aliens admitted and allowed to remain. They ARE working, somewhere...under the table, off the books, but somewhere. Replacing American "workers" that are not. It also fails to discuss the fact that the highest "employed" demographic since Biden took office was/is "Over 55, to 70yo", people that would be retiring, banking funds for retirement, or ALREADY retired...many continued working or returned to work because their grown children and grand children were/are NOT working, many have had their grown children w families return to the elder parents homes to live. Many seniors are continuing to work, or returning to the work force because Inflation has made retirement impossible. In San Francisco...more than 25% of people have NOT returned to work. Currently in DC the numbers are similar, perhaps higher. Yet both cities are among the very highest Paid places in the country, also with the highest cost of living. Hidden in the uncounted/unmentioned areas is apparently a lot of people who are working in an underground economy, and/or have "Gone Galt". As far as the "Underground" cohort goes...there are Thousands of people on Insta/tiktok flashing stacks of $thousands$, clearly untaxed, un reported, I wonder when the Woke DA's are going to slap "bookeeping Felonies" on all of them?
2 people like this.

Reply 5 - Posted by: anniebc 4/7/2023 9:43:33 AM (No. 1443075)
The Kenyan lied about jobs too. I don't think people pay attention anymore; if they're like me, they believe the lying eyes instead of lying faux presidents and their mouthpieces.
3 people like this.

Reply 6 - Posted by: formerNYer 4/7/2023 9:47:53 AM (No. 1443087)
FTA: A recent analysis by the Committee to Unleash Prosperity found that in nearly half the states, unemployment benefits and enhanced Obamacare subsidies added up to more than the median household income. Why work, when staying home pays better?
4 people like this.

Reply 7 - Posted by: Birddog 4/7/2023 12:24:05 PM (No. 1443209)
Another aspect...Trump tried to feed the enhanced unemployment and stimulus through Employers, meaning...People would not BE unemployed, those with jobs would maintain employed status, healthcare, 401k etc, boopk keeping would remain with the people already keeping the books, and THEY at least would remain actually working.., as well as keeping "potential" Fraud from being initiated in the new programs. Dems demanded it ALL go through Govt agencies instead. Employers HAD to let people go. Th "new" emergency system became a hotbed of fraud and abuse with Billions going overseas and to incarcerated felons, because Govt workers didn't bother to check just WHO the checks were going To..
1 person likes this.

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Whatever the Bureau of Labor Statistics reports today about job growth and the unemployment rate, you can bet that President Joe Biden will use it as an opportunity to brag about his superb handling of the economy. The one thing Biden is good at is lying with statistics. Biden will probably claim that he’s overseen a record number of new jobs – the most in history. The press will dutifully regurgitate White House talking points. But the numbers getting bandied about these days about job growth and unemployment are wildly misleading because they ignore important bits of context. Such as:
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