Economy in crapper with record high employment.

[initforme]

Production is tied to wages. More wages mean I work harder. Lower wages mean I back off. Econ 101. It's how capitalism works. Peoe want to work harder so they can make more. Higher wages attract people.

 

[Flopper]

The economy is awful. Record high employment shows that people are working. And that is awful.

Front Page Featured | MRCTV

www.cnsnews.com

Sure we have never had this many people working before. But that just shows how awful the economy is. Or something.

A good economy is more than low unemployment. When the market crashed in 1929, unemployment was less that 3%.

 

[dudmuck]

the xiden epidemic is a global crisis

then there should be other world leaders blaming Biden.

 

[struth]

then there should be other world leaders blaming Biden.

there are

 

[Superbadbrutha]

read the link it goes into details.

As usual you have no answer.

 

[struth]

As usual you have no answer.

what are you talking about? i literally answered you l. I provided a link for you to read.

This isn’t rocket science, a business will lay people off because they need to maintain profits.

The xiden economy has created record inflation, as well as 3 qtrs of negative growth

 

[Superbadbrutha]

what are you talking about? i literally answered you l. I provided a link for you to read.

This isn’t rocket science, a business will lay people off because they need to maintain profits.

The xiden economy has created record inflation, as well as 3 qtrs of negative growth

So they need to lay folks off to maintain record profits, smfh.

 

[LAUGHatLEFTISTS]

I can accept the fact we have never met, and you despise successful people, like me. I don't know anything about you, and I don't care.

What is your specific reason for hating on Public School Teachers, who are some of the most stellar humans on Earth.

You focus on the 0.01% freaks that happen to hold that job.

I’ve read many of your posts. It’s abundantly clear you should not be educating Americas youth.

 

[The Duke]

Record # of people employed, and you are REQUIRED to make up some kind of negative.

Missy just can't bring himself to acknowledge a POSITIVE.
C'mon applaud the RECORD employment numbers.
I dare ya.

Still stuck on stupid.
So did inflation, but whatever.

Do enlighten me on what's positive about the way things are going in America today, fuckstick; Because I simply do not see it.

 

[struth]

So they need to lay folks off to maintain record profits, smfh.

yes. sadly the xiden recession is predicted to worsen in the coming months

 

[Winco]

I’ve read many of your posts. It’s abundantly clear you should not be educating Americas youth.

It’s because I’m much wiser than you

 

[Winco]

Do enlighten me on what's positive about the way things are going in America today, fuckstick; Because I simply do not see it.

Are you still functioning and alive?
It appears you are

Lighten up Bitch and find some enjoyment rather than this sad-sack routine

 

[dudmuck]

there are

there are none.
I cant find any foreign leaders blaming Biden.

 

[Toro]

Unemployment went up this week. Dumbass

The rate of unemployment fell from 3.7% to 3.5%.

U.S. Economy Added 263,000 Jobs in September, Labor Market Shows Signs of Cooling

The strong U.S. labor market lost momentum in September as high inflation and rising interest rates weighed on the economy.

www.wsj.com

 

[Toro]

You are aware that labor participation rate dropped almost 3 percent under Biden, don't you? this means there are far fewer people gainfully employed.

The labor participation rate was 61.4% when Biden was sworn in. It is now 62.3%. That's an increase of 0.9%.

Labor Force Participation Rate

View data of the percentage of the total U.S. population that is neither employed nor actively seeking work.

fred.stlouisfed.org

 

[Toro]

You're wrong dumbfck and you won't convince me otherwise so FCK off

No, he is correct.

The National Bureau of Economic Research looks at a wide swath of statistical data to determine if we are in a recession. Thus far, they have not concluded we are in a recession. However, they may retroactively conclude we are in a recession as data comes in.

FTR, I believe we are either in a recession or will be soon.

 

[Toro]

Two quarters of negative growth is defined as recession. Economics 101

That is not correct, though it is not an unreasonable assumption.

How Do Economists Determine Whether the Economy Is in a Recession? | CEA | The White House

What is a recession? While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the state of the business cycle. Instead, both official determinations of recessions and economists’...

www.whitehouse.gov

You will hear many pundits describe this as a definition of recession. And in most cases, this turns out to be correct. But in fact, a recession is defined as a broad decline in economic activity as opposed to two quarters of GDP contraction.

 

[Toro]

Show me the data with exact dates where you claim the US became energy independent. Exact DATES with the DATA to support.

marvin martian
Provide Exact DATES with the DATA to support.

You made the claim, now back it up.

The US has not been energy independent for decades. The US has had to import energy since the early 1970s.

However, this is heard in the political discourse. Why? Because they include Canada in energy supply. If you include Canada, America has been "energy independent" for large swaths of the past decade.

As a Canadian, I find this assumption to be very wrong.

 

[Toro]

Finding a good worker has never been easier than it is now.

Finding good workers has never been harder.

The gap between open jobs and the unemployed has never been wider in my lifetime, and possibly forever.

 

[sparky]

the bigger the boom, the bigger the bust,,,....,,,,....~S~