The President with the worst average unemployment rate since World War II is?

[Toddsterpatriot]

Toddster is toddling around waving his little hands.

So long Robin.

 

[John Edgar Slow Horses]

Yep, you shall not pass.

 

[otto105]

Help your buddy out, he can't seem to find any evidence for his claim.
Or run away again. DURR

The 1% don’t work off a W-2 todd

 

[Toddsterpatriot]

The 1% don’t work off a W-2 todd

No evidence the "working class" pay higher rates than the "wealthy"?

 

[otto105]

No evidence the "working class" pay higher rates than the "wealthy"?

Hilarious todd

 

[Toddsterpatriot]

Hilarious todd

And there you go, running away without posting any numbers.
Hilarious indeed.

 

[otto105]

And there you go, running away without posting any numbers.
Hilarious indeed.

One pays taxes off a W-2 and the other uses capital gains or loans with tax shelters.

todd

 

[Lastamender]

One pays taxes off a W-2 and the other uses capital gains or loans with tax shelters.

todd

Now show us how that is done. A couple of examples will do.

 

[Dagosa]

FACT you are a liar!
Despite never having filed for personal bankruptcy, reports

How Often Has Donald Trump Declared Bankruptcy? - Cibik Law

Donald Trump's business record seems riddled with unfortunate events. Despite never having filed for personal bankruptcy, reports state that he filed for business bankruptcy at least four times.

philadelphiabankruptcylawyers.com

Hilarious….your source starts off with “But, according to Trump, businesses file for bankruptcy often, and it was a financially intelligent move. He added that “hundreds of companies” have done the same thing he did.”

Sounds reliable…not.
let’s look at a face check. Oh, six times…not once did they ask Trump.

https://www.washingtonpost.com/politics/2016/live-updates/general-election/real-time-fact-checking-and-analysis-of-the-first-presidential-debate/fact-check-has-trump-declared-bankruptcy-four-or-six-times/

 

[Toddsterpatriot]

One pays taxes off a W-2 and the other uses capital gains or loans with tax shelters.

todd

Right. You still have no evidence the "working class" pay higher rates than the "wealthy".

 

[ding]

One pays taxes off a W-2 and the other uses capital gains or loans with tax shelters.

todd

"...in 2023, a single filer with taxable income of $100,000 will pay $17,400 in tax, or an average tax rate of 17%. But your marginal tax rate or tax bracket is actually 24%..."

Estimate Your Tax Bracket - Fidelity

Having a rough idea of your tax bracket can be helpful when making decisions about your financial life, including making major purchases, investing, and saving for retirement.

www.fidelity.com

"...Long-term capital gains tax is a tax applied to assets held for more than a year. The long-term capital gains tax rates are 0 percent, 15 percent and 20 percent, depending on your income....

"...Meanwhile, for short-term capital gains, the tax brackets for ordinary income taxes apply. The 2023-2024 tax brackets are 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent.

Unlike the long-term capital gains tax rate, there is no 0 percent rate or 20 percent ceiling for short-term capital gains taxes..."

2023-2024 Long-Term Capital Gains Tax Rates | Bankrate

Long-term capital gains are taxed at a lower rate than short-term gains. In a hot stock market, the difference can be significant to your after-tax profits.

www.bankrate.com

You really are a putz, otto.

 

[U2Edge]

The monthly unemployment rate for June 2024 was 4.1%. This is the 42nd unemployment report with Biden in office, his 42nd month recorded for this list. This keeps Biden's average unemployment rate for his term in office to date, at 4.16% for June 2024, the same as it was for May 2024.

The President with the worst average unemployment rate since World War II is?

Gerald Ford: 7.77%

Average Unemployment Rates for US Presidents since after World War II:

01. Joe Biden: 4.16%
02. Lyndon Johnson: 4.19%
03. Harry Truman: 4.26%
04. Dwight Eisenhower: 4.89%
05. Richard Nixon: 5.00%
06. Donald Trump: 5.01%
07. Bill Clinton: 5.20%
08. George W. Bush: 5.27%
09. John Kennedy: 5.98%
10. George H.W. Bush: 6.30%
11. Jimmy Carter: 6.54%
12. Barack Obama: 7.45%
13. Ronald Reagan: 7.54%
14. Gerald Ford: 7.77%

The labor force participation rate went up from 62.5% in May 2024 to 62.6% for June 2024.

 

[Harpy Eagle]

The labor force participation rate went up from 62.5% in May 2024 to 62.6% for June 2024.

and the Core Working Age LFPR is up to levels not seen since 2000.

 

[healthmyths]

The monthly unemployment rate for June 2024 was 4.1%. This is the 42nd unemployment report with Biden in office, his 42nd month recorded for this list. This keeps Biden's average unemployment rate for his term in office to date, at 4.16% for June 2024, the same as it was for May 2024.

The President with the worst average unemployment rate since World War II is?

Gerald Ford: 7.77%

Average Unemployment Rates for US Presidents since after World War II:

01. Joe Biden: 4.16%
02. Lyndon Johnson: 4.19%
03. Harry Truman: 4.26%
04. Dwight Eisenhower: 4.89%
05. Richard Nixon: 5.00%
06. Donald Trump: 5.01%
07. Bill Clinton: 5.20%
08. George W. Bush: 5.27%
09. John Kennedy: 5.98%
10. George H.W. Bush: 6.30%
11. Jimmy Carter: 6.54%
12. Barack Obama: 7.45%
13. Ronald Reagan: 7.54%
14. Gerald Ford: 7.77%

The labor force participation rate went up from 62.5% in May 2024 to 62.6% for June 2024.

FACTS:From this source: Bureau of Labor Statistics Data

How many of the increase in labor force was from "RE-HIRES" who lost their jobs due to Covid?

Recovery versus “Creation.”
Nearly 72 percent of all job gains since 2021 were simply jobs that were being recovered from the pandemic, not new job creation. In fact, when looking at today’s economy compared to pre-pandemic levels, employment is up only by 3.7 million.

Fact Check: Biden Misleads on Job “Creation” Statistics | The U.S. House Committee on the Budget - House Budget Committee

The Official U.S. Congressional website of The Republican Budget Committee

budget.house.gov

 

[Harpy Eagle]

FACTS:From this source: Bureau of Labor Statistics Data

How many of the increase in labor force was from "RE-HIRES" who lost their jobs due to Covid?

Recovery versus “Creation.”
Nearly 72 percent of all job gains since 2021 were simply jobs that were being recovered from the pandemic, not new job creation. In fact, when looking at today’s economy compared to pre-pandemic levels, employment is up only by 3.7 million.

Fact Check: Biden Misleads on Job “Creation” Statistics | The U.S. House Committee on the Budget - House Budget Committee

The Official U.S. Congressional website of The Republican Budget Committee

budget.house.gov

All Employees, Total Nonfarm

View the number of nonfarm employees in the U.S., who account for approximately 80 percent of the workers who contribute to GDP.

fred.stlouisfed.org

More lies and outdated information from the you...

We are 4,593,000 when compared to pre-pandemic numbers.

 

[healthmyths]

All Employees, Total Nonfarm

View the number of nonfarm employees in the U.S., who account for approximately 80 percent of the workers who contribute to GDP.

fred.stlouisfed.org

More lies and outdated information from the you...

We are 4,593,000 when compared to pre-pandemic numbers.

Guess what? A higher percentage of American workers are working today than ever before."
But Biden’s statement that "a higher percentage of American workers are working today than ever before" is murkier, because there is no single statistic that correlates to his exact phrasing.

Fact check: Biden says higher percentage of Americans working than ever

President Joe Biden recently visited Milwaukee to tout "Bidenomics" -- the economic policies he's instituted during his two and a half years in office, which he says have produced significant employment gains.

www.wral.com

"During Biden’s first 30 months in office, just 2.1 million new jobs were created, and by contrast, during my first 30 months in office we created 4.9 million new jobs," Trump said Aug. 5.

This means that roughly 11 million of the 13.2 million-job increase on Biden’s watch are simply "workers returning from pandemic layoffs" rather than jobs actually created, the campaign said in a statement.