Biden’s economy

[Anonymous]

Anonymous wrote:To be revised downward later on.

But we have an election to win first. Don't let bad news get in the way.

You missed that the last two months were just revised upwards significantly.

[Anonymous]

[Anonymous]

amazing

[Anonymous]

Anonymous wrote:

Trump can’t believe it.
First Biden dropped out.
Now Americans are feeling great about the economy.

It’s just not fair.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:To be revised downward later on.

But we have an election to win first. Don't let bad news get in the way.

You missed that the last two months were just revised upwards significantly.

No, they were revised downward. Turn your report right side up.

Sorry, but you're wrong:

https://www.noahpinion.blog/p/let-us-pause-to-appreciate-the-remarkable

This participation rate is holding at 80.9%, which is higher than before the pandemic, and in fact is the second-highest rate in U.S. history (the highest being 81.9% in 2000).

In fact, it gets even better. This month saw upward revisions to job growth for July and August, two months that had looked a little more tepid. In fact, the U.S. added more jobs during those months than we initially thought. We don’t know if the September jobs numbers will get revised downward when the final data come in. But we do know that the July and August numbers got revised upward. So there’s a chance the September numbers will be revised up as well.

The Baby Boomers are retiring, so the total number of native-born American workers is going down. But the employment rate of native-born workers is especially high right now — higher than in 2019.

Government jobs are a smaller percentage of overall U.S. employment than they were in 2019, continuing a decades-long downward trend.

Inflation is currently around 2%, compared to about 4.5% wage growth, so real wages are rising.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:To be revised downward later on.

But we have an election to win first. Don't let bad news get in the way.

You missed that the last two months were just revised upwards significantly.

No, they were revised downward. Turn your report right side up.

“The number of jobs added in the two prior months were both revised upward, with job creation in July revised up by 55,000 from a gain of 89,000 to 144,000, while August was revised up by 17,000 from a gain of 142,000 to 159,000.”

https://www.msn.com/en-us/money/markets/us-economy-added-254000-jobs-in-september-well-above-expectations/ar-AA1rHlVA

Why are you lying?

[Anonymous]

“Inflation fell further in September, extending a trend of easing prices and an improving economy that has yet to convince many Americans with the election nearing.
The consumer price index fell slightly to 2.4 percent from a year earlier in September, according to the Labor Department, down from a 2.5 percent rise in August and a 2.9 percent increase in July.
The September consumer price index report is the last before the Nov. 5 presidential election and the Federal Reserve’s next policy meeting Nov. 6-7.”
https://www.washingtonpost.com/business/2024/10/10/september-inflation-cpi/?itid=hp_alert

[Anonymous]

Seems more likely for a 25 rather than 50 basis cut by the Fed at their next meeting.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:To be revised downward later on.

But we have an election to win first. Don't let bad news get in the way.

You missed that the last two months were just revised upwards significantly.

No, they were revised downward. Turn your report right side up.

“The number of jobs added in the two prior months were both revised upward, with job creation in July revised up by 55,000 from a gain of 89,000 to 144,000, while August was revised up by 17,000 from a gain of 142,000 to 159,000.”

https://www.msn.com/en-us/money/markets/us-economy-added-254000-jobs-in-september-well-above-expectations/ar-AA1rHlVA

Why are you lying?

You know why they’re lying.

[Anonymous]

Ultimately, this is the problem /issue facing most American workers

And I would argue that it would only get worse under Trump. There is room here for economists and democrats to address this head on as part of a closing argument for the campaign

[Anonymous]

[Anonymous]

Anonymous wrote:“Inflation fell further in September, extending a trend of easing prices and an improving economy that has yet to convince many Americans with the election nearing.
The consumer price index fell slightly to 2.4 percent from a year earlier in September, according to the Labor Department, down from a 2.5 percent rise in August and a 2.9 percent increase in July.
The September consumer price index report is the last before the Nov. 5 presidential election and the Federal Reserve’s next policy meeting Nov. 6-7.”
https://www.washingtonpost.com/business/2024/10/10/september-inflation-cpi/?itid=hp_alert

Biden just keeps winning!

[Anonymous]

Anonymous wrote:

Anonymous wrote:“Inflation fell further in September, extending a trend of easing prices and an improving economy that has yet to convince many Americans with the election nearing.
The consumer price index fell slightly to 2.4 percent from a year earlier in September, according to the Labor Department, down from a 2.5 percent rise in August and a 2.9 percent increase in July.
The September consumer price index report is the last before the Nov. 5 presidential election and the Federal Reserve’s next policy meeting Nov. 6-7.”
https://www.washingtonpost.com/business/2024/10/10/september-inflation-cpi/?itid=hp_alert

Biden just keeps winning!

Yup.

[Anonymous]

Mic drop.

[Anonymous]

Anonymous wrote:

Anonymous wrote:To be revised downward later on.

But we have an election to win first. Don't let bad news get in the way.

You missed that the last two months were just revised upwards significantly.

They didn’t miss that, but the GOP can’t focus allow anyone to focus on the fact that Biden and the Democrats not only got us through the worldwide Trump crash, but did it better than any other country on the planet.