The idiot killing the economy

Flopping Aces ^ | 05-08-21 | DrJohn

[Starman417]

Without a doubt there are moments when Joe Biden doesn't know where his feet are. He frequently loses his mask and he often is confused but do not discount his mendacity for one second when he is lucid. He is and always has been a liar of epic proportions. Even more of his deceit can be seen here. He is not a nice man. He is not a good man. The smartest man he knows holds the Guinness World Record for smoking parmesan cheese.

It was widely predicted that the economy would add close to a million jobs last month but only 266,000 jobs were added. It was regarded as the biggest prediction fail since 1998 and one CNBC host thought it was a typo. Biden went out and blamed Donald Trump for the bad numbers while out of the other side of his mouth claimed that America was moving in the right direction.

Why is the employment report so dismal? Because Biden is providing a financial incentive to not work. Not working pays far better than working.

Under President Biden’s recently enacted $1.9 trillion American Rescue Plan, workers who lost their jobs to the pandemic shutdowns and scale-backs are now earning more in unemployment benefits than they did in wages. And that is stopping people from returning to work — just when employers are trying to reopen across the nation.

The unemployed are getting an extra $300 a week in federal benefits through Labor Day. That’s on top of state unemployment benefits averaging about $320 per week.

It all adds up to an average of $638 per week in combined federal and state unemployment payments. In 2019, that combined amount averaged out to $348 per week.

And that means

According to economists at Bank of America, the combined unemployment benefits mean that anyone earning less than $32,000 a year can potentially receive more income from unemployment aid than from their previous jobs.

Restaurants and small businesses are desperate to hire as the economy gains momentum but Biden is determined to smother them:

Owners and managers from New York, California, Washington, and Chicago told The Epoch Times hiring woes have become a nightmare amid a litany of other challenges like indoor occupancy rules. They say the federal unemployment bonuses handed out during the CCP (Chinese Communist Party) virus pandemic incentivized people to stay home instead of working.

It's as though Biden wants kill the remaining businesses that scraped through the pandemic

[null and void]

In politics, never attribute to idiocy that which can adequately be explained by malice!

[Rummyfan]

The real idiots are the one’s who actually trust this fool just because he’s a democrat.

Those idiots are going to get what they voted for. Unfortunately we are all going to suffer.

[Gene Eric]

Joseph Stolen is an idiot

[Rummyfan]

Perhaps it’s because he can’t find his measuring tape or his yardstick. Maybe it’s because he’s senile. Maybe it’s because he’s a liar. Maybe it’s because he’s a Chinese agent. Maybe it’s because he wants to grind the US economy to a halt.

Or maybe it’s because he’s a f**king idiot.

All of the above, but mostly the last point.

[sauropod]

Yep.

[Carl Vehse]

"The idiot traitor killing the economy"

There. Fixed it.

[The_Media_never_lie]

We don’t even know who is calling the shots. Joe Bitem does what ever he is told.

[Lurkinanloomin]

This is what BOTH parties cheated Trump out to get.

[GnuThere]

Yes, which explains the Warp Speed destruction - they were all ready to roll with it for maximal effect before the midterms.

[pke]

[taterjay]

This is probably a stretch but do you think the Dems or the government in general has said we need some inflation so we will help the Fed to make sure it happens????

[Bullish]

...despite the fact that all the cities run by democrats have been in total disarray for years on end.

Yeah, they're war zones and everyone is miserable. That's true of every big city under democrat control.

It's disgusting.

[Jumper]

If this Big LIE continues another six months, socialism will be with us forever.

[central_va]

[central_va]

We saw all of this, but we decided saving $.10 on communist made paint brushes was more important.

Alas, I find deep down that most Freepers are Free Traitors™. It comes from hating unions. Unions are dead and gone but they don't get it. Someone tell them 90%+ of the stuff we still make in the USA is made wit non union labor.

Also 35+ years of Limbaugh preaching free trade didn't help.. Thinking back on it Limbaugh was not a nationalist, or became one late in life. His preaching free trade did a lot of damage...

[Vaduz]

The only person more stupid than Beijing Joe are the ones who voted for him.
They abuse the privilege of stupidity