Biden wants credit for a strong economy. Americans aren’t buying it.

The hill ^ | 02/06/2023 | KARL EVERS-HILLSTROM

[ChicagoConservative27]

Americans remain pessimistic about the economy despite huge job growth and cooling inflation.

A slew of recent polls reveal that Americans are still struggling with high costs and aren’t convinced that the U.S. can stave off a recession as the Federal Reserve takes steps to slow the economy down.

That presents a challenge for President Biden, who took a victory lap last week after federal data showed that the U.S. added a shocking 517,000 jobs in January, blowing away analysts’ predictions of slowing job growth. The unemployment rate fell to 3.4 percent, the lowest since 1969.

“Add that all up, it means we created 12 million jobs since I took office,” Biden said Friday. “That’s the strongest two years of job growth in history by a long shot.”

[ProtectOurFreedom]

“we created 12 million jobs”

And 11.9 million of them are second jobs people took to handle Bidenflation.

[JennysCool]

by the end he’ll probably be scratching his crotch and gawking at the women in the front row.

Lord, let it be so! :)

[ProtectOurFreedom]

$250 for basics yesterday. Six bags. Plenty of room left over in the cart, too.

I bought Grade B eggs for $4. Tried them this morning and pale yellow color, bland as could be. Terrible flavor.

[Sarcazmo]

Oh, I know it, I know.

Thank God rotten cabbage heads are still affordable.

[NorthernTraveler]

I’m not buying the 500,000+ job created in January.

It just doesn’t pass the smell test.

There are still help wanted signs all about....

[ProtectOurFreedom]

“He created the jobs”

I absolutely HATE HATE HATE it when filthy, incompetent, highly corrupt politicians make a claim like that. All he did was destroy hundreds of thousands of jobs with his ultra-high inflation.

These disgusting people have a severe narcissistic disorder to be liked and to feel like they have done something useful with their lives. Half a century in Washington makes him one of the most useless, vile people to have ever trod the planet.

[alloysteel]

The only thing “strong” about the current economic outlook is the strong stench surrounding the reporting of the assertions that Joe Stolen is making in regards to job numbers and “control” of inflation.

In other words, this economy stinks. On ice.

[TigersEye]

Biden’s Economy Lost 2.5 Million Jobs in January, despite Media Claims of 517,000 ‘Gain’ Slay News February 6, 2023

[wildcard_redneck]

A dozen eggs were for sale yesterday in a Wyoming Safeway for $5.97. The lying communists can go to hell.

[P.O.E.]

Lost our egg connection - wife’s co-worker used to give us awesome eggs from her backyard chickens. She had a great knack with animals of all sorts. She went off and got married and moved away.

Those eggs had the most robust yolks and flavor. Dang.

[econjack]

Careful people. Not everyone knows what you must do to be counted as unemployed. You must be actively seeking work. If you drop out and quit looking, you're no longer unemployed (Discouraged Worker Hypothesis). Likewise, unemployment benefits can be as long as 26 weeks, and varies by state. Oddly, the most industrialized states tend to have fairly long benefit periods. The bigger the gov't safety net, the less people have to gain by looking for work. One well-educated lady in WI said she would have to find a job with an after-tax income of over $48,000 to breakeven with her transfer payments, including welfare, rent subsidy, food stamps, energy and other local subsidies plus day care for her kids. Cut those benefits and see what happens to unemployment and labor force participation rates.

[ProtectOurFreedom]

What a loss. Yes, homegrown eggs have the best flavor ever! We’ve got a great farmer’s market in the summer for fresh eggs and there is a very small health food store a mile away that buys eggs from local growers for resale. But I usually wind up buying from the grocery store. I’m certainly not buying these eggs again.

[clearcarbon]

"Biden wants credit for a strong economy. "

It's been a rerun of the obama years, only much worse.

[Brian Griffin]

Lemon cookies

Marked $1,61 on the shelf (up from $1.27)

Rung up at $2.38

Left in store

Eating $.98 candy

probably $1.48 now

[Brian Griffin]

“That’s the strongest two years of job growth in history by a long shot.”

by sloppy Chinese virus researchers, probably

[Tacrolimus1mg]

Americans aren’t really buying anything right now. We can’t afford it.

[griswold3]

Beats repeating
@RichDvorakFX
·
Feb 3
The Not Seasonally Adjusted print for monthly change in Nonfarm Payrolls was -2.5 million jobs. That means the headline +517K employment gain reported in January was driven entirely by a +3 million seasonal adjustment.

[zeugma]

517,000 jobs was “shocking” because it wasn’t true, yet the government coughed up the imaginary number anyway in full view,

It will be drastically revised downward unless they are just keeping their imaginary numbers now.

[Eleutheria5]

Inflation is only 6% now. Unemployment is way down after being way up.

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