Biden’s economy

Anonymous
Anonymous wrote:
Anonymous wrote:Job openings jumped higher to 8.14 million in May, from a downwardly revised 7.91 million in April, according to the Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) report released Tuesday. Economists had expected openings would fall to 7.91 million, according to FactSet consensus estimates.

Other seasonally adjusted measures of labor turnover showed continued stability in the US jobs market, remaining historically strong in recent months.

Labor market remains strong! More jobs then people looking for jobs.


Uh huh, then why aren't wages rising? Why is real household wealth under Biden flat after three years? If the economy is so great, why does Biden's government keep revising numbers downward afterwards. If they were mistakes, adjustments would go both ways.

Democrats are too dumb to understand they've inhaled lies for decades. The media tells them to jump and they say how hi. Not a critical thinking bone in their body.


Are you really saying that wages aren’t rising? Sure if you count from Q1 2021 when stimulus checks hit, but again wages have been rising robustly on trend:

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Job openings jumped higher to 8.14 million in May, from a downwardly revised 7.91 million in April, according to the Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) report released Tuesday. Economists had expected openings would fall to 7.91 million, according to FactSet consensus estimates.

Other seasonally adjusted measures of labor turnover showed continued stability in the US jobs market, remaining historically strong in recent months.

Labor market remains strong! More jobs then people looking for jobs.


Uh huh, then why aren't wages rising? Why is real household wealth under Biden flat after three years? If the economy is so great, why does Biden's government keep revising numbers downward afterwards. If they were mistakes, adjustments would go both ways.

Democrats are too dumb to understand they've inhaled lies for decades. The media tells them to jump and they say how hi. Not a critical thinking bone in their body.


I would say household wealth is right on trend. Had the stimulus bump but based on the chart it look right where it should be, draw a straight line from the 2009 Obama recovery:



Three years of no growth in household wealth is a success because he's not the Orange Man. What a joke. Of course, you aren't honest enough to admit the "Obama recovery" trend began before any of his economic policies could have any effect. Those trends began under W. Don't be a partisan hack--follow the data instead.
Anonymous
The gig economy with its shitty low pay no benefits has given politicians across political parties a much needed break to boast about job growth since the great financial crisis
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Job openings jumped higher to 8.14 million in May, from a downwardly revised 7.91 million in April, according to the Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) report released Tuesday. Economists had expected openings would fall to 7.91 million, according to FactSet consensus estimates.

Other seasonally adjusted measures of labor turnover showed continued stability in the US jobs market, remaining historically strong in recent months.

Labor market remains strong! More jobs then people looking for jobs.


Uh huh, then why aren't wages rising? Why is real household wealth under Biden flat after three years? If the economy is so great, why does Biden's government keep revising numbers downward afterwards. If they were mistakes, adjustments would go both ways.

Democrats are too dumb to understand they've inhaled lies for decades. The media tells them to jump and they say how hi. Not a critical thinking bone in their body.


I would say household wealth is right on trend. Had the stimulus bump but based on the chart it look right where it should be, draw a straight line from the 2009 Obama recovery:



Three years of no growth in household wealth is a success because he's not the Orange Man. What a joke. Of course, you aren't honest enough to admit the "Obama recovery" trend began before any of his economic policies could have any effect. Those trends began under W. Don't be a partisan hack--follow the data instead.


Get your eyes checked. Those trends dropped in 2007, under W.
Anonymous
BREAKING: US consumers' average 5-10 year inflation expectations have spiked to 5.6%, the highest in 31 years.

This measure increased by ~2 percentage points in just a few months.

By comparison, median inflation expectations are around 3%, in-line with the readings seen over the last 3 years.

Meanwhile, CPI inflation has been above 3% for 38 consecutive months, the longest streak since the 1990s.

Inflation is still a major issue.
Anonymous
Anonymous wrote:BREAKING: US consumers' average 5-10 year inflation expectations have spiked to 5.6%, the highest in 31 years.

This measure increased by ~2 percentage points in just a few months.

By comparison, median inflation expectations are around 3%, in-line with the readings seen over the last 3 years.

Meanwhile, CPI inflation has been above 3% for 38 consecutive months, the longest streak since the 1990s.

Inflation is still a major issue.


It’s higher than that. The cpi formula is rigged to downplay inflation since before 2000. The old honest formula is tracked by shadow stats and it shows almost double what the government reports
Anonymous
Anonymous wrote:
Anonymous wrote:BREAKING: US consumers' average 5-10 year inflation expectations have spiked to 5.6%, the highest in 31 years.

This measure increased by ~2 percentage points in just a few months.

By comparison, median inflation expectations are around 3%, in-line with the readings seen over the last 3 years.

Meanwhile, CPI inflation has been above 3% for 38 consecutive months, the longest streak since the 1990s.

Inflation is still a major issue.


It’s higher than that. The cpi formula is rigged to downplay inflation since before 2000. The old honest formula is tracked by shadow stats and it shows almost double what the government reports


It’s beneficial for the economy to believe the government lie for obvious reasons. But individuals of intelligence know better and see events unfold in a logical manner
Anonymous
Nothing to see here... more Adderall please!

Anonymous
Anonymous
I hate to break it to you, PP, but companies didn’t just decide to try to make money since Biden was elected.
Anonymous
Anonymous wrote:Incredible. Watch the short video.



Two years ago - $126.
Very same 45 items today - $414.

Democrats keep LYING worse than anyone knew.

This is exactly why America is demanding Trump to come back to the White House. And the invasion of America.

#1 KILLER of middle-aged Americans:

FENTANYL


Anonymous
Anonymous wrote:
Anonymous wrote:BREAKING: US consumers' average 5-10 year inflation expectations have spiked to 5.6%, the highest in 31 years.

This measure increased by ~2 percentage points in just a few months.

By comparison, median inflation expectations are around 3%, in-line with the readings seen over the last 3 years.

Meanwhile, CPI inflation has been above 3% for 38 consecutive months, the longest streak since the 1990s.

Inflation is still a major issue.


It’s higher than that. The cpi formula is rigged to downplay inflation since before 2000. The old honest formula is tracked by shadow stats and it shows almost double what the government reports



It is not shadow stats.
Anonymous
Anonymous wrote:



People keep blaming politicians when the problem is corporate officers. Notice that they got their huge raises while laying off workers.
Anonymous
Anonymous wrote:
Anonymous wrote:



People keep blaming politicians when the problem is corporate officers. Notice that they got their huge raises while laying off workers.



This will get even worse under a Trump presidency. I guess the people voting for him think they will be benefiting economically. The joke is on them.
Anonymous
Harris Teeter had Buy 1 Get 1 free Baby Back Ribs

Thank you Biden!
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