Biden Economy Keeps Rolling

[Toddsterpatriot]

That's not the definition of a recession. A recession is 2 or more consecutive quarters of NEGATIVE GDP growth. We have not had negative GDP growth in a long time.

GDP is in the crapper, but it's not negative.

We have not had negative GDP growth in a long time.

Not since Q1 and Q2, 2022. Two long years ago.

 

[C_Clayton_Jones]

Key takeaways from the blowout May jobs report

The US economy added a whopping 272,000 jobs in May, far more than expected. The unemployment rate rose to 4% from 3.9%.

amp.cnn.com

270,000 jobs AGAIN

Let’s understand… 180,000 jobs created is a good month

The Biden economy keeps topping that

And also understand, the jobs lost under Trump from Covid were replaced years ago

Republicans will of course ignore the truth and continue to lie about the economy being ‘bad.’

 

[excalibur]

Drivel.

 

[excalibur]

Facts.

​

In the May report that was released earlier Friday, the household survey was substantially weaker as the jobless rate unexpectedly rose to 4%, the highest in more than two years, and a measure of employment dropped by the most this year.​

From Bloomberg

 

[SweetSue92]

Key takeaways from the blowout May jobs report

The US economy added a whopping 272,000 jobs in May, far more than expected. The unemployment rate rose to 4% from 3.9%.

amp.cnn.com

270,000 jobs AGAIN

Let’s understand… 180,000 jobs created is a good month

The Biden economy keeps topping that

And also understand, the jobs lost under Trump from Covid were replaced years ago

Explaining this is losing.

It's mid-June. Right now, you are losing.

Hope this helps.

 

[LeftofLeft]

Key takeaways from the blowout May jobs report

The US economy added a whopping 272,000 jobs in May, far more than expected. The unemployment rate rose to 4% from 3.9%.

amp.cnn.com

270,000 jobs AGAIN

Let’s understand… 180,000 jobs created is a good month

The Biden economy keeps topping that

And also understand, the jobs lost under Trump from Covid were replaced years ago

Understand this, unless the voters are feeling it, then all this is throwing numbers in their faces as a meaningless reminder. Understand this, if the jobs’ wages are not sufficient to keep pace with the Inflation under Biden that skyrocketed in 2022, the job numbers are going to be meaningless.

 

[luiza]

Children's story tale writer , the OP , needs educating .​

​

All Roads Lead To Stagflation​

SUNDAY, JUN 09, 2024 - 2:14
Most investors have a very hard time understanding the concept of inflation and often mistake stagflation for deflation, wondering why people are spending more on less. They only see prices of their daily grocery spending, not disposable income, and certainly not economic growth and unemployment. Looking back at the 1970s, prices rose sharply following the OPEC oil price hikes, but the sharp rise in energy costs crowded out other forms of spending. This resulted in rising prices that had nothing to do with a speculative economic expansion but rather a deflationary contraction. This phenomenon, called stagflation, occurred with rising prices and declining economic growth.

 

[Smokin' OP]

People have been taking two jobs before Biden. Trump would not be doing as good.

Even three...............

 

[LAUGHatLEFTISTS]

People have been taking two jobs before Biden. Trump would not be doing as good.

D Day Disaster *Joe has been a failure his entire life. Why would that change now?

 

[LAUGHatLEFTISTS]

Republicans will of course ignore the truth and continue to lie about the economy being ‘bad.’

Why has the White House and the media stopped using the term Bidenomics?

 

[scruffy]

You don't have to be a rocket scientist to understand the economy.

Any idiot can see that it sucks.

 

[22lcidw]

It tells me you have no clue. Biden hasn't messed up anything. This economy died when Trump mishandled COVID, yet he gets a fucking pass. Trump inherited a growing economy from Obama/Biden. And Biden has rebuilt the economy. The costs of goods is not on him. He doesn't set prices.

You talk about somebody instigating a fucking war when thats not what happened. What you're saying shows a complete disregard for facts. There is only one reason why you show such blind support for Trump. White supremacy, because that is all he offers.

Progs rule like the inner cities are.

 

[IM2]

No it shows they are. It shows they are paying attention to what Biden says and does it shows they are paying attention to inflation and what they are paying at the pump and in stores. It shows they are paying attention to what has been happening at the border for Bidens entire Presidency. Biden is under water in his overall approval rating and the economy as well as on foreign policy, inflation, crime, immigration and the Israel/Hamas war. When Biden or any President has these kind of poll numbers the problem is them not the public.

If they were paying attention his approval rating would be higher.

 

[IM2]

They're so broke they can't PAY attention. LMAO

.

That was a good one, I must admit. But they would be just as broke, if not more, if Trump was in office.

 

[22lcidw]

Why has the White House and the media stopped using the term Bidenomics?

When Progs ruled a lot after WW2 and our rise from it for a quarter century, they took all of the credit. They were good domestically was the spews. They actually stagnated the economy more than what it could have been with reduced growth. The cities declined to prove it. They went from low tax industrial powerhouses to high tax pompous intellectual 5-year plans with the peasants their serfs with the city governments depending more and more on state and federal aid.

 

[TrumpMAGA88]

Democrats underemploying Americans with part time gigs and calling it progress.....

 

[blackhawk]

If they were paying attention his approval rating would be higher.

No that would mean they are just blindly engaging in blind partisan party support.

 

[Greenbeard]

More people are taking on second jobs because they literally can't afford not to

Battling inflation, some Americans report not being able to support themselves even with two streams of income.

fortune.com

 

[OKTexas]

That was a good one, I must admit. But they would be just as broke, if not more, if Trump was in office.

That's nothing but speculation and commie propaganda.

.

 

[HikerGuy83]

Meaningless