Posted on 02/06/2023 5:51:42 PM PST by 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.”
(Excerpt) Read more at thehill.com ...
Same kind of false numbers as last spring.
NONE of Biden’s numbers are accurate.
Yes the next two months number release will tell the truth.
But his Mao report to night will low have ratings media will provide cover.
Of course not. Even the Department of Labor is now suspect.
Inflation is growing more slowly, probably because demand is decreasing on account of the recession, which is already on.
Yep. It was scary how slow the local supermarket was over the weekend in some areas. Seemed normal in the essential areas, but less essential areas were deserted.
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