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Biden says weak jobs report underscores need for more spending as critics demand he scrap $300-a-week unemployment benefit that stops people looking for work
UK Daily Mail ^ | May 07 2021 | ROB CRILLY, SENIOR U.S. POLITICAL REPORTER FOR DAILYMAIL.COM and REUTERS

Posted on 05/07/2021 12:05:55 PM PDT by knighthawk

President Joe Biden said disappointing job numbers showed the country still had a long way to go in building back the economy as he defended additional unemployment benefits that critics say are stopping people looking for jobs.

The Labor Department's April jobs report showed growth slowed unexpectedly last month, with employers adding only 266,000 workers.

Enhanced jobless benefits, including a $300 weekly supplement, pay more than many minimum wage jobs – a factor highlighted by business groups in explaining the sluggish growth.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: News/Current Events
KEYWORDS: biden; spending
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1 posted on 05/07/2021 12:05:55 PM PDT by knighthawk
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To: knighthawk
1. Reinstate the pipeline

2. Let businesses open at 100%.

3.etc etc

2 posted on 05/07/2021 12:10:19 PM PDT by Sacajaweau
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To: knighthawk

California’s jobless claim backlog is growing again, sparking opposition to proposal for new agency

State lawmakers on Tuesday rejected a proposal by the governor to create a new state agency to improve working conditions in California, with opponents saying the state should first resolve serious problems that have delayed payment of unemployment benefits to many of those left jobless by the COVID-19 pandemic.

Legislators noted that efforts to reduce the backlog of claims not paid after 21 days have stalled in the last month. On April 3 there were 1.03 million claims in the backlog, but the number rose on April 24 to 1.05 million.

https://www.msn.com/en-us/news/politics/californias-jobless-claim-backlog-is-growing-again-sparking-opposition-to-proposal-for-new-agency/ar-BB1gnGpZ


3 posted on 05/07/2021 12:10:53 PM PDT by monkeyshine (live and let live is dead)
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To: knighthawk

The more this administration says it needs to spend on the American people, the bigger the bulge in the politicians pockets/purses filled with money becomes.


4 posted on 05/07/2021 12:15:41 PM PDT by drypowder
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To: knighthawk

Once this sht is inscribed as an entitlement through government, it becomes impossible to remove. Just like the way social security or what not was supposed to be temporary...


5 posted on 05/07/2021 12:15:46 PM PDT by JudgemAll (Democrats Fed. job-security in hates:hypocrites must be gay like us or be tested/crucified)
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To: knighthawk

It took democrats to screw up the Trump miracle economy that even COVID didn’t destroy,


6 posted on 05/07/2021 12:15:51 PM PDT by Caipirabob (Communists...Socialists...Fascists & AntiFa...Democrats...Traitors... Who can tell the difference?)
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To: knighthawk

There are many job opportunities that pay MORE than minimum wage.
People just don’t want to work! It’s time to announce the cut off date for these large benefits payments. And guess what?
Many coming across the border are NOT working.
This ain’t the cream of the crop coming in.


7 posted on 05/07/2021 12:16:48 PM PDT by doc maverick
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To: knighthawk

Jobless stats are up, so let’s do more of the business destroying, economy killing actions that caused them in the first place. Yep, that’ll do’er.


8 posted on 05/07/2021 12:17:40 PM PDT by Richard Axtell ( NO*)
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To: knighthawk

The economy was recovering quite well until January 20th........................


9 posted on 05/07/2021 12:18:21 PM PDT by Red Badger (Jesus said there is no marriage in Heaven. That's why they call it Heaven.....................)
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To: knighthawk

“building back the economy”

Joe, the economy has changed.

Many retail stores and other business shut down for Covid control will never reopen. Many shopping malls will never again be profitable.

Many young homebuyers will shun poorly run “blue” cities for decades.


10 posted on 05/07/2021 12:23:05 PM PDT by Brian Griffin
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To: Sacajaweau

Two of our local McDonald’s are advertising a $500 sign-on bonus for new employees on their marquee. And we’re in a quiet ring county northeast of Pittsburgh which isn’t exactly booming and voted to elect DJT by better than a 2:1 margin.


11 posted on 05/07/2021 12:25:54 PM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: knighthawk

Housing prices have been driven too high.

Housing material prices have been driven too high.

People have been priced out of the housing market by Federal Reserve meddling.


12 posted on 05/07/2021 12:27:38 PM PDT by Brian Griffin
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To: knighthawk

Why is it that most democrats use the same logic to fix the economy as a person drilling more holes in the bottom of a sinking boat thinking will let more water drain out.


13 posted on 05/07/2021 12:30:51 PM PDT by Dutch Boy
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To: knighthawk

They don’t want people looking for work because that would make the unemployment rate higher.


14 posted on 05/07/2021 12:34:14 PM PDT by The Free Engineer
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To: knighthawk

The reason our job market is now suffering stems from that fact that this nitwit lied, cheated and stole the one he currently has—which just so happens to be the most important position in the world.

We are on the way to a new Misery Index, double digit Unemployment, double digit Inflation and double digit Interest Rates.

How apropos it was that the BiteMes paid a visit to the other first couple (The Carters) who wreaked such devastation upon us.


15 posted on 05/07/2021 12:35:35 PM PDT by edie1960
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To: knighthawk

My local Wal-Mart restocks shelves once a day.

When an item is sold out for the day, that’s it.

When wages become too high, goods remain unsold simply because it costs too much to put them on the store shelves.

It’s 3:30pm, most of what I want to buy will be unavailable.

High wages are causing shopper clustering. Shoppers hit the Wal-Mart between 11am and 2pm.

“Tomorrow is another day.”


16 posted on 05/07/2021 12:36:59 PM PDT by Brian Griffin
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To: Caipirabob

They had to do it. Trump made the leftist look like idiots and that could not stand.


17 posted on 05/07/2021 12:38:01 PM PDT by eyedigress (Trump is my President!)
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The best way to spur investment is to toss hundred dollar bills onto a 50 foot pile, set it on fire and then piss on it


18 posted on 05/07/2021 12:38:36 PM PDT by dsrtsage (Complexity is merely simplicity lacking imagination)
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To: knighthawk

It’s Friday.

To Joe that underscores the need for more spending.


19 posted on 05/07/2021 12:39:57 PM PDT by jdsteel ("A Republic, Madam, if you can keep it." Sorry Ben, looks like we blew it.)
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To: knighthawk
just get out of the frickin way...
20 posted on 05/07/2021 12:45:44 PM PDT by Chode (there is no fall back position, there is no rally point, there is no LZ... we're on our own. P144:1)
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