All "jobs" added in the past year have been part-time workers

[Nuthin' Fancy]

Credit card debt on the rise....
Medical debt at historic highs
Dollar is equal to toilet paper
Labor market being flooded with cheap labor
Stubbornly high food prices
Totally unreasonable rent
Killer Mortgage rates
Homeless including WORKINH HOMELESS at all time highs....higher than the great depression...

GOVERNMENT: " THE ECONOMY IS GRRRRRRRREAT"!!!

PEOPLE: "FUCK THE GOVERNMENT"!

Damned right, as people go spend their $$$.

US consumers keep spending despite high prices and their ...​

AP News
https://apnews.com › article › spending-consumers-inf...
Oct 30, 2023 — Spending by consumers rose by a brisk 0.4% in September the government said Friday —
even after adjusting for inflation and even as Americans ...

Consumer Spending And Retail Health Into 2024 Remains ...​

Forbes
https://www.forbes.com › nikkibaird › 2024/01/29 › c...
Jan 29, 2024 — Annualized, it comes out to a 2.5% increase in 2023 vs. 1.9% in 2022. The stronger than expected growth was driven mostly by consumer spending ...

 

[justoffal]

Damned right, as people go spend their $$$.

US consumers keep spending despite high prices and their ...​

View attachment 898322
AP News
https://apnews.com › article › spending-consumers-inf...
Oct 30, 2023 — Spending by consumers rose by a brisk 0.4% in September the government said Friday —
even after adjusting for inflation and even as Americans ...

Consumer Spending And Retail Health Into 2024 Remains ...​

View attachment 898331
Forbes
https://www.forbes.com › nikkibaird › 2024/01/29 › c...
Jan 29, 2024 — Annualized, it comes out to a 2.5% increase in 2023 vs. 1.9% in 2022. The stronger than expected growth was driven mostly by consumer spending ...

Well yeah.....it just so happens that consumer debt is rising at the same pace.....hmmmm

 

[Nuthin' Fancy]

Well yeah.....it just so happens that consumer debt is rising at the same pace.....hmmmm

As it ALWAYS has...........For decades.
Nothing new under the sun

 

[justoffal]

As it ALWAYS has...........For decades.
Nothing new under the sun

Well...yes but this particular clip is a real monster. People are buying groceries with credit cards.

 

[Nuthin' Fancy]

Well...yes but this particular clip is a real monster. People are buying groceries with credit cards.

They always have.
NOT all but some.
WHERE have you been?

 

[protectionist]

US labor market softens as job openings drop, layoffs at highest level in over two years​

By Lucia Mutikani
May 2, 20231:55 PM EDTUpdated 9 months ago

Stop talking to me about MAY 2023. I don't care about that. I'm talking about the last 2 quarters of 2023 (July-December), and right NOW. Get it ? Pheeeew!

 

[justoffal]

Fuck. I am slow this morning. Didnt look up at who i was responding to.

You're slower than you think....
It's not the unemployment you should be looking at ...it's the growing underemployment.

 

[justoffal]

They always have.
NOT all but some.
WHERE have you been?

Not at this pace....that's why it's called RECORD DEBT....AND RECORD HOMELESSNESS....see the word record actually means something.

 

[Nuthin' Fancy]

Stop talking to me about MAY 2023. I don't care about that. I'm talking about the last 2 quarters of 2023 (July-December), and right NOW. Get it ? Pheeeew!

Then give a link to your graph.
Not post it it below a different article, like it's part of an article.

 

[Nuthin' Fancy]

Not at this pace....that's why it's called RECORD DEBT....AND RECORD HOMELESSNESS....see the word record actually means something.

FOX will tell you that.

 

[CowboyTed]

Over 700,000 jobs since december. Over 14 million jobs in the last 4 years. Wages are up over 4%. The stock market in record territory. Manufacturing and construction jobs steady and growing. Oil production at historic record highs.

Even Fox News is crowing about how good the economy is.

How long have you been the pathetic loser that you are?

They can't take it... They have been indoctrinated to think that Democrats can't do good... Now the numbers are good and Biden economic polices are turning into a big success... GOP and MAGA are running away from the economy as an issue in the election.

But the cult has been told economy is bad even though the numbers are good. The electorate will get the real benefits during the summer and that is what they hate... They are MAGA first and fuck Americans... They don't give a shit how much shit they are in as long as they are standing on a Democrat..

This is the problem. US in politics has an electorate that thinks the economy turns on a dime when in reality a President takes years for effective policy to work... Biden inherited a pretty bad mess from Trump, Oil supply cut (by Trump) while a huge demand increase, supply chains severely compromised, health system after being in a war for year

 

[justoffal]

FOX will tell you that.

Self evident... Don't need to be told what is prevailing fact.

 

[protectionist]

Then give a link to your graph.
Not post it it below a different article, like it's part of an article.

United States GDP Growth Rate

The Gross Domestic Product (GDP) in the United States expanded 1.40 percent in the first quarter of 2024 over the previous quarter. This page provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and...

tradingeconomics.com

United States GDP Growth Rate

The Gross Domestic Product (GDP) in the United States expanded 1.40 percent in the first quarter of 2024 over the previous quarter. This page provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and...

tradingeconomics.com

 

[CowboyTed]

TOTALLY FALSE! How stupid for you to come in here and dispute what is written record by the EIA. You just completely shredded any ounce of credibility you might have ever had.

The DECREASE of oil production began starkly with Biden's first month in office when oil production PLUMMETED from Trump's last month in office, January 2021 - when production was 344 MB/mo. Bidens first month was 277.
A DROP of a whopping 67 MB/mo

Here is the full scoop on the difference between Trump's strong oil production, and Biden's "transition from fossil fuels" DECREASE from that strong production (until Biden went into election year production mode)

Note that the following pertains to the 2 years of 2021 and 2022, before election politics became a significant factor.

Production was sky high under Trump, and has been relatively tiny under fossil fuel enemy Biden. (up until 2023, as we approach the 2024 election)

Oil production overall not only increased, during the Trump administration, it soared, and was vastly greater than the production we've gotten with Biden.
Trump production
December 2019 - 402.3 Million Barrels/month
January 2020 - 398.4
And Trump exceeded Biden's top month of 371.2 Million Barrels/month NINE TIMES, despite the Obama low production influences and later, the pandemic months reductions. And note also that Biden's top production month of 371.2, was recently in August of 2022, when he started increasing production, to try to lower gas prices, as we started getting closer to the 2022 ELECTION.

Biden's 2021 average is 341 Million Barrels/month compared to Trump's 374.
Biden's 2022 average (when he ramped up production as the 2022 election drew closer) wasn't much better > 354.

												8
2017	275,117	255,081	284,146	273,041	284,727	273,321	286,657	286,759	285,499	299,726	302,564	309,486
2018	310,032	287,870	324,467	314,996	323,491	319,216	337,814	353,154	343,298	356,767	356,583	370,284
2019	367,924	326,845	369,292	364,458	376,763	366,546	368,965	387,073	377,710	397,094	390,010	402,314
2020	398,420	372,419	396,693	357,412	301,105	313,275	341,184	327,875	327,623	324,180	335,867	346,223
2021	344,846	277,891	351,102	339,142	352,036	340,693	351,757	349,600	327,526	358,626	353,702	360,666
2022	352,449	316,851	362,725	350,052	360,503	353,918	367,164	371,339	368,040

U.S. Field Production of Crude Oil (Thousand Barrels)

AND, if we extrapolate the EIA graph curve of Trump to Dec. 2022, if Trump were still president, it would be whopping 580 Million gallons/month - HUNDREDS of gallons/month more than Biden ever allowed produced.

U.S. Field Production of Crude Oil (Thousand Barrels)

Look at the graph line where it peaked at 402 Million Barrels/mo in December of 2019. Because of the climb up to that point, there is every reason to believe, that had the Democrat engineered pandemic shutdowns not occured, that rising line would have continued rising exactly as it was already doing. And if Trump had remained president, and we thereby extend-extrapolate the line to as far as December 2022, we can easily see that it would be at about 580 Million Barrels/mo

(209 million Barrels/mo more than Biden's measly 371 Million).

Go ahead - put a ruler on the line that starts at 2017 when Trump took over, and look at where it goes to for December 2022 > 580 Million

All one need do to see the stark difference between the oil-friendly Trump and the oil-hostile Biden, is look at the NOSEDIVE oil production took between Trump's last month, and Biden's first month (when he issued an EO to halt oil drilling)
Trump's last month in office was January 2021 - production was 344 MB/mo. Bidens first month was 277.
A DROP of a whopping 67 MB/mo
Well, none of this should be any surprise coming from a guy who openly boasted (in the 2020 presidential debate) that he was going to "transition away from fossil fuels"

Biden signs executive order pausing federal drilling leases​

so you think biden came in an some how told all the oil companies to cut production that day and they all listened...
BULLSHIT!!!

It happened months before

https://www.reuters.com/article/idUSKBN22C1V3/#:~:text=On%20April%2012%2C%20under%20pressure,about%2010%25%20of%20global%20output

 

[citygator]

You're slower than you think....
It's not the unemployment you should be looking at ...it's the growing underemployment.

Ready to have your mind blown? Participation rate is near all time highs. Yep. Because more people are old and retired it looks like the participation rate is down BUT look at it for working age folks:

 

[protectionist]

so you think biden came in an some how told all the oil companies to cut production that day and they all listened...
BULLSHIT!!!

It happened months before

https://www.reuters.com/article/idUSKBN22C1V3/#:~:text=On%20April%2012%2C%20under%20pressure,about%2010%25%20of%20global%20output

He cancelled production a few times. I posted the links many times Where have you been ?

Biden cancels offshore oil lease sales in Gulf Coast, Alaska

The Biden administration is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska, removing millions of acres from possible drilling as U.S. gas prices reach record highs. The decision likely means the Biden administration will not hold a lease sale...

news.yahoo.com

FLASHBACK: Biden Destroys the US Oil Industry First Day in Office with Executive Orders, Now he Blames Putin for High Prices - VINnews

WASHINGTON (VINnews) — After Joe Biden was sworn into office, his administration immediately began undoing his Trump’s successful policies. None could be more damaging then his executive order to revoke permits for the Keystone XL Pipeline and his moratorium on oil and gas leasing in the Arctic...

vinnews.com

SHEER INSANITY: Joe Biden cancels oil and gas leases in Alaska to further “weaken U.S. energy security” – NaturalNews.com

President Joe Biden is truly systematically tearing down America’s energy infrastructure, gutting any potential for energy independence, as it was confirmed last week that his regime is canceling seven oil and gas leases in the Alaska area known as the Arctic National Wildlife Refuge (ANWR). The...

www.naturalnews.com

Canceling federal oil-lease sales exposes Biden’s utter malarkey on fossil fuels

President Joe Biden still thinks he can have it both ways on fossil fuels — blasting oil companies for not producing even while keeping his promise to “end” US production. And nothing highlights th…

nypost.com

 

[Lesh]

When you actually look inside the jobs numbers, hey aren't good news at all. Just some numbers thrown out by Biden's BLS.

But look deeper and you will see things like this.

Bullshit

Zerohedge? Really? A Bulgarian nutblog site

 

[Superbadbrutha]

It is the total numbers, there are no new full time jobs nationally, just new full time jobs replacing lost full time jobs, basically a wash.

You were celebrating that under Trump, you Trump Humpers are the biggest hypocrites.

 

[Nuthin' Fancy]

View attachment 898357

United States GDP Growth Rate

The Gross Domestic Product (GDP) in the United States expanded 1.40 percent in the first quarter of 2024 over the previous quarter. This page provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and...

tradingeconomics.com

View attachment 898359

United States GDP Growth Rate

The Gross Domestic Product (GDP) in the United States expanded 1.40 percent in the first quarter of 2024 over the previous quarter. This page provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and...

tradingeconomics.com

Thanks for the link.

 

[protectionist]

Bullshit

Zerohedge? Really? A Bulgarian nutblog site

When leftists are defeated in a debate, they resort to INVALIDATION of sources. Problem for them is they rarely, if ever, mention anything about CONTENT of that source.

They have gone to the well of the INVALIDATION card waaaaay too many times, over the years. Now they're a laughingstock.