“Let them eat cake,” Biden Style...
The jobs are all to foreigners or they are part time. Government jobs are just the govt trying to influence the numbers. Service jobs are the bulk of the part-time help.
Speechless.
Bernstein, probably the first economic advisor in the history of the world who majored in Music, with a graduate degree in Social Work.
He must have some really special connections!
They don’t give a crap about which they are yammering. Bottom line is, they want to hoodwink the gullible into voting “blue” and then take all of our money, savings and all, for themselves…
The thieves live large, pacify the masses (throw a few bones) so as to not have to deal with hostility by said masses...while they are busy enjoying the fruits of their fraud.
(knowing full well, without pumping fake $$$...it would all collapse under the weight of all their corruption...and chaos would surely ensue)
I’d say that this is the dumbest thing I’ve read. But the day is still young.
White House Council of Economic Advisers Chair Jared Bernstein must have ben a used cars salesman before he landed this job.
wow, I never took economics in college, but enough math to ...well, this is just stupid.
I mean foundationally I agree. I don’t like GDP as a measure of wealth and prefer when we used GNP. And if you are looking at GDP the bare number is worthless and I notice politicians don’t want to talk about GDP per capita.
“you don’t eat GDP, your paycheck matters most.”
When people are running up credit card debt to be able to put food on the table, the whole economy matters.
When the federal government is borrowing, printing, and spending money beyond what the GDP can sustain it matters a lot.
that makes no sense. You cant eat your paycheck either.