Posted on 04/07/2023 8:17:14 AM PDT by ChicagoConservative27
President Biden on Friday said Republicans in Congress are threatening to hurt the U.S. economy, while hailing the March jobs report that showed the U.S. economy added 236,000 jobs.
“Extreme MAGA Republicans in Congress, on the other hand, are threatening to wreak havoc on our economy with debt limit brinkmanship,” Biden said in a statement.
He argued that Republicans’ “extreme agenda would send the unprecedented investments we’ve made here in America – along with the jobs that come with it – overseas. And it’s all to pay for even more giveaways to the wealthiest Americans and largest corporations.”
The unemployment rate declined to 3.5 percent and the report released on Friday showed the labor market stayed tight despite interest rate hikes by the Federal Reserve. Analysts were expecting the economy to add 238,000 jobs and for the unemployment rate to hold steady at 3.6 percent.
(Excerpt) Read more at thehill.com ...
I guess “shovel ready” doesn’t really mean “shovel ready”.
I fear that a year from now, you will look back at that price and wonder how cheap it seems.
Not really.
HI rise commercial real estate is expecting a 40% decline in value, why? No tenants. No employers/ no businesses.
Residential across America is in for a hit.
If there was an economy and money was moving this wouldn’t be happening. Just recently stats show that American manufacturing is at an all time low. Amazon just dropped 4000 people. Walmart is shutting stores and rolling back employment
The president who cried wolf.
“An evil man will burn his own nation to the ground to rule over the ashes” - Sun Tzu
EXACTLY-—BUT—telling the truth isn’t in Biden’s wheelhouse
The Magalodon’s flood
Wasn’t it about a year ago when Biden said there had been 1 MILLION new jobs-—and 3 months later—it as CORRECTED to 10,000???
His campaign appearances in 2020 amounted to 30 or so persons-—16 of which were media & 2 were him & Jill.
BANKS ARE IN FOR SERIOUS HITS.
LOTS of Commercial Mortgages out there.
It’s not just the banks
This is indicative of the overall economy. No business? No problem, close the doors and minimize the losses.
In the meanwhile, the land lords are married to mortgages that have to be paid. When the tide turns, the employees are the first to go,
Yup, when the economy tanks everyone gets caught in the wake.
Every one.
Banks may call for government bailout, guess who pays again?
Ewe and me, the taxpayers.
I do not buy bidens bullshit
Not one iota.
236.000 is a great jobs report?
Okay...
I guess it’s better than 0.
5.56mm
Congress spent $6.3 trillion in the first 2 years of the Biden steal. This caused the massive inflation and job losses.
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