Posted on 02/08/2023 12:12:33 PM PST by Kaiser8408a
While Joe Biden may not have a wooden heart, he definitely has a wooden head. Particularly given the number of whoppers he told during the State of Joe Biden’s Mind speech last night.
Biden took credit for creating more jobs in two years than any administration had in four years. Well, that is incredibly misleading (but it is Joe Biden after all). The US economy saw an economic shutdown in 2020, then a “revival” after the government shutdowns ended.
What Biden failed to mention in his SOTU address was that 12,539k jobs were added under Trump from May 2020 through January 2021. Once Biden was installed as President, jobs added under Biden was 12,104k through January 2023. Heck, Biden didn’t even beat Trump’s last year in office!
I am using the BLS numbers which showed that amazing January jobs report of 517k jobs added. Amazing, particularly since M2 Money growth YoY has stalled.
But ADP jobs added in January shows a different picture: -986,000 jobs lost in January.
BLS or ADP, what’s it going to be?
(Excerpt) Read more at confoundedinterest.net ...
Why do all of the Fart Checking RAT bass turds go on vacation whenever the old pedophile opens his big, lying mouth.
Last night, bidenocchio showed once again what a pathological liar he was.
Actually they forgot a zero. There are 5 MILLION new jobs, or is it 50 million? Lie big!
The latest “jobs” number is a continuing fantasy tail that Labor Department began telling one month after the Biden Regime was installed. Headline number +500k jobs. There was a 3,000k job ADJUSTMENT. Adjustment meaning that Labor does not like the story and makes up something and stuffs it into their tables. Forbes, Bloomberg, Sundance and others have dissected that report and shown the blatant inconsistencies. Also, from the details, good paying manufacturing jobs down, low paying service jobs up and MOST of those are part time.
The government numbers are being faked.
How many of these jobs went to illegals??
And if you removes 20 essential nutrients from grain and add 11 back have you really enriched it? And how many "new jobs" were added by FDR after the depression?
Let us see how the fact checkers say on this:
Biden accurately cited the raw number of jobs created and the fact that it was bigger than any previous year for which data is available. • However, looking at the percentage increase — a fairer way to compare 80-plus years of data — 2021 did not set a record. Going back to 1940, the percentage increase seen in 2021 was exceeded 10 times. - https://www.politifact.com/factchecks/2022/mar/02/joe-biden/fact-checking-joe-biden-scale-job-gains-2021/
While the Biden administration did add more fuel to the swift rebound from the COVID-19 recession, economists say the U.S. was bound to add millions of jobs during his first two years regardless of the president’s economic package. The U.S. was still short millions of jobs from its pre-pandemic level in 2021 and the arrival of widely available COVID-19 vaccines early in Biden’s term was key to unlocking a faster recovery. - https://thehill.com/policy/finance/3848662-fact-check-bidens-claims-economy-state-of-the-union-2023/
“We’ve already created 800,000 good-paying manufacturing jobs, the fastest growth in 40 years. Where is it written that America can’t lead the world in manufacturing again?”FACT CHECK
This claim is true but goes hand in hand with the Biden administration’s other remarks about the labor market. From January 2021 through last month, the manufacturing sector added a hearty 800,000 workers to its payrolls. - https://www.washingtonexaminer.com/restoring-america/fairness-justice/fact-check-biden-economy-state-of-union
it's true that this is the most jobs created in the first 100 days of any presidency since records began in 1939. But this job growth comes from a low base point given that in April last year, unemployment hit its highest level since the Great Depression of the 1930s. - https://www.bbc.com/news/57070054
It took the U.S. economy until April of this year to reach pre-pandemic levels of employment. About 1.4 million additional jobs have been added since then, according to the Bureau of Labor Statistics. https://www.foxbusiness.com/politics/white-house-fact-checked-twitter-community-notes-feature-job-creation-claims
- Biden boasted that the 12.1 million jobs created in his first two years were more than the number of jobs added in four years under any president. But that job growth was fueled by a post-pandemic recovery that started under his predecessor, and his comparison doesn’t account for population growth.
- The president said “take-home pay has gone up,” which is true, but the rise is not as fast as inflation. “Real” weekly earnings, which are adjusted for inflation, have gone down.
- Biden said he has cut the deficit by a record $1.7 trillion, but most of that was due to expiring emergency pandemic spending.
- He said “no president added more to the national debt in any four years” than his predecessor, Donald Trump, and that “nearly 25% of the entire national debt” was added by Trump. It’s accurate, but trillions of dollars of the accumulated debt under Trump were due to bipartisan coronavirus relief packages.
- Biden said “for too many decades, we imported projects and exported jobs,” but now “we’re exporting American products and creating American jobs.” In fact, U.S. imports of goods and services have continued to exceed exports under Biden.
- The president repeated a claim popular among Democrats during the midterms, suggesting that some Republicans would “sunset” Medicare and Social Security. The claim exaggerates the support for a proposal from Sen. Rick Scott that would have brought up all federal legislation for a vote every five years.
- With the Bipartisan Infrastructure Law, the U.S. is “replacing poisonous lead pipes that go into 10 million homes in America, 400,000 schools and childcare centers,” he said. But the law didn’t provide enough funding to replace all lead pipes.
- As he did last year, Biden said U.S. infrastructure had “sunk to 13th in the world.” But some have questioned the report behind that statistic. - https://www.factcheck.org/2023/02/factchecking-the-state-of-the-union-4/
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