• More Americans Jobless Than Biden's Official Unemployment Rate Shows

    From Paul Ragna@21:1/5 to All on Tue Sep 12 15:46:12 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    Bidenomics fails again.
    And the liar in chief has the gall to promote his plan?
    What planet is Joe Biden living on?

    "More Americans Jobless Than Biden’s Official Unemployment Rate Shows"

    <https://freerepublic.com/focus/f-news/4181820/posts>

    "The labor market is nowhere near as strong as it appears. If that sounds surprising, it’s because the absence of millions of Americans from the workforce artificially lowers the unemployment rate.

    Accounting for the missing workers reveals an unemployment rate of over
    6%, not the official 3.8%.

    To make sense of the numbers, we need to understand what led to today’s
    labor market conditions. The two-month recession in 2020 wasn’t a normal downturn caused by bad investment, misallocation of capital, and/or overextension of credit. It was an artificial recession caused by the government forcibly shutting down a robust economy during COVID-19,
    ending a period of both fast growth and low inflation.

    Tens of millions of Americans became unemployed in a span of two weeks.
    But when those artificial constraints were lifted, the labor market came
    back at the fastest rate ever and quickly was approaching its pre-
    pandemic trend. This is the opposite of a normal recession, where the
    labor market slowly accelerates into a recovery.

    President Joe Biden inherited an economy that was growing at a $1.5
    trillion annualized rate and was adding an average of 1.4 million jobs
    per month after the government-imposed shutdowns. At the same time,
    inflation was only 1.4%, below the Federal Reserve’s 2% target.

    But Biden’s anti-growth, big-government agenda slammed the brakes on the economy and the labor market.

    After just 18 months of the Biden administration, inflation soared to 40-
    year highs, and the economy contracted for two consecutive quarters.
    Average monthly job growth has slowed 70%, and America remains 4.6
    million jobs below its pre-pandemic trend.

    The Bureau of Labor Statistics’ survey of households contains even worse
    data, showing the number of Americans employed remains 5.5 million below
    its pre-pandemic trend. The survey also shows a depressed labor force participation rate and a shocking increase in the number of those not in
    the labor force, relative to February 2020.

    Before the government-imposed lockdowns, the number not in the labor
    force was about 95 million and falling. Since June 2020, however, the
    level has been stuck around 100 million. That means millions of Americans
    left the labor market and still haven’t come back, which explains why the
    ratio of employment to the population also shows a gap of 4.5 million
    relative to its trend.

    These millions of missing workers skew many of the statistics used to
    gauge the health of the labor market. Imagine a labor force of 100 people wherein 10 are unemployed, giving an unemployment rate of 10%. If one of
    those unemployed persons leaves the labor force, the unemployment rate
    drops to 9.1% (with 9 divided by 99).

    No jobs were created, but the unemployment rate went down. That’s exactly what’s been happening in the real economy.

    Accounting for the millions of people currently excluded from the labor
    market reveals an unemployment rate between 6.3% and 6.8%, much higher
    than the official 3.8% rate.

    To further illustrate the point, over 700,000 Americans rejoined the
    labor force last month, in part because families are having trouble
    making ends meet. Less than a third of them were able to find work, and
    even fewer found full-time jobs. Yet despite the increase in employment,
    the unemployment rate rose because so many more people are finally being included in the official number of unemployed.

    Yet there are even more indicators showing weakness in the labor market.
    The number of job openings has plummeted to below the pre-pandemic trend, indicating softening labor demand, which will put downward pressure on
    wage growth. At the same time, businesses are cutting hours and reducing
    the number of full-time employees.

    As inflation continues to eat into family budgets and more households
    need a second income, additional people are reentering the labor market,
    all while businesses are hiring less. That will drive the official
    unemployment rate much higher and expose this shell game for what it is."

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Mitchell Holman@21:1/5 to Paul Ragna on Tue Sep 12 18:38:10 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    Paul Ragna <tpragna1900O@gmail.com> wrote in news:XnsB07D77BBB87AA882000099222@135.181.20.170:

    Bidenomics fails again.
    And the liar in chief has the gall to promote his plan?
    What planet is Joe Biden living on?

    "More Americans Jobless Than Biden’s Official Unemployment Rate Shows"

    <https://freerepublic.com/focus/f-news/4181820/posts>

    "The labor market is nowhere near as strong as it appears. If that
    sounds surprising, it’s because the absence of millions of Americans
    from the workforce artificially lowers the unemployment rate.

    Accounting for the missing workers reveals an unemployment rate of
    over 6%, not the official 3.8%.


    Indeed.


    Unemployment still skyrocketing
    May 7, 2020
    https://www.foxnews.com/politics/unemployment-still-skyrocketing


    Oh wait, that was under Trump.


    From Fox News just last week:



    The lowest unemployment rate in five decades

    Since March 2022, the unemployment
    rate has ranged from 3.4% to 3.7%.
    Its consistency reflects a resilient
    U.S. labor market despite economic
    woes, including high inflation and
    11 federal funds rate hikes since
    March 2022.

    https://fox59.com/news/national-world/labor-day-snapshot-7-stats-about- american-workers/

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Jay Santos@21:1/5 to Paul Ragna on Tue Sep 12 13:24:16 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    On 9/12/2023 8:46 AM, Paul Ragna wrote:


    "More Americans Jobless Than Biden’s Official Unemployment Rate Shows"

    <https://freerepublic.com/focus/f-news/4181820/posts>

    "The labor market is nowhere near as strong as it appears. If that sounds surprising, it’s because the absence of millions of Americans from the workforce artificially lowers the unemployment rate.

    That's a lie. The labor participation rate is rising.

    Seasonally adjusted labor participation rate (percentage):

    Aug 2022 — 62.3
    Apr 2023 — 62.6
    May 2023 — 62.6
    Jun 2023 — 62.6
    Jul 2023 — 62.6
    Aug 2023 — 62.8

    https://www.bls.gov/news.release/empsit.t01.htm

    The unemployment rate went up by three-tenths of a point last month, despite more new jobs, *because* people who were out of the labor force are coming back into it, but they haven't all found jobs yet.

    Ragweed lied.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From juones@21:1/5 to All on Tue Sep 12 20:32:50 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    On 12 Sep 2023, Rudy Canoza aka Jay Santos <js@cap.gov> posted some news:QN3MM.302$3V4d.26@fx39.iad:

    On 9/12/2023 8:46 AM, Paul Ragna wrote:


    "More Americans Jobless Than Biden’s Official Unemployment Rate
    Shows"

    <https://freerepublic.com/focus/f-news/4181820/posts>

    "The labor market is nowhere near as strong as it appears. If that
    sounds surprising, it’s because the absence of millions of
    Americans from the workforce artificially lowers the unemployment
    rate.

    That's a lie.

    https://www.bls.gov/news.release/empsit.t01.htm

    Biden and his administration are a bunch of liars. Do you really think we don't know the difference?

    In a campaign speech last week, Mr. Biden basically told voters not to
    believe their lying eyes, spouting cherry-picked statistics that paint the economy as rosier than it really is.

    “We created 13.4 million new jobs,” Mr. Biden boasted.

    Not true. The U.S. has gained roughly 2 million jobs since before the
    pandemic hit.

    The job recovery began under former President Donald Trump, who oversaw
    the recovery of 16.6 million jobs. Mr. Biden confuses “jobs created” with
    “jobs recovered.”

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Charlie Glock <"Charlie@21:1/5 to Mitchell Holman on Tue Sep 12 21:02:23 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    On 2023-09-12, Mitchell Holman <noemail@verizon.net> wrote:
    Paul Ragna <tpragna1900O@gmail.com> wrote in news:XnsB07D77BBB87AA882000099222@135.181.20.170:

    Bidenomics fails again.
    And the liar in chief has the gall to promote his plan?
    What planet is Joe Biden living on?

    "More Americans Jobless Than BidenÂ’s Official Unemployment Rate Shows"

    <https://freerepublic.com/focus/f-news/4181820/posts>

    "The labor market is nowhere near as strong as it appears. If that
    sounds surprising, itÂ’s because the absence of millions of Americans
    from the workforce artificially lowers the unemployment rate.

    Accounting for the missing workers reveals an unemployment rate of
    over 6%, not the official 3.8%.


    Indeed.


    Unemployment still skyrocketing
    May 7, 2020
    https://www.foxnews.com/politics/unemployment-still-skyrocketing


    Oh wait, that was under Trump.


    From Fox News just last week:



    The lowest unemployment rate in five decades

    Since March 2022, the unemployment
    rate has ranged from 3.4% to 3.7%.
    Its consistency reflects a resilient
    U.S. labor market despite economic
    woes, including high inflation and
    11 federal funds rate hikes since
    March 2022.

    https://fox59.com/news/national-world/labor-day-snapshot-7-stats-about- american-workers/


    Which is why Joe Biden's approval rates regarding the economy hover in the 30 percentile.
    <https://www.pbs.org/newshour/politics/bidens-approval-rating-on-the-economy-stagnates-despite-
    slowing-inflation-ap-norc-poll-finds>

    The workers are not happy.
    Can you blame them?

    Why do you seem to drag Trump into every thread?
    Do you hate him that much?
    If so what has he done to you to make you hate him?
    I'm curious.





    --
    Charlie Glock
    "To conquer a nation, first disarm it's citizens"
    -- Adolf Hitler

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Max Boot@21:1/5 to Charlie Glock on Tue Sep 12 14:37:45 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    On 9/12/2023 2:02 PM, Charlie Glock wrote:
    On 2023-09-12, Mitchell Holman <noemail@verizon.net> wrote:
    Paul Ragna <tpragna1900O@gmail.com> wrote in
    news:XnsB07D77BBB87AA882000099222@135.181.20.170:

    Bidenomics fails again.
    And the liar in chief has the gall to promote his plan?
    What planet is Joe Biden living on?

    "More Americans Jobless Than BidenÂ’s Official Unemployment Rate Shows"

    <https://freerepublic.com/focus/f-news/4181820/posts>

    "The labor market is nowhere near as strong as it appears. If that
    sounds surprising, itÂ’s because the absence of millions of Americans
    from the workforce artificially lowers the unemployment rate.

    Accounting for the missing workers reveals an unemployment rate of
    over 6%, not the official 3.8%.


    Indeed.


    Unemployment still skyrocketing
    May 7, 2020
    https://www.foxnews.com/politics/unemployment-still-skyrocketing


    Oh wait, that was under Trump.


    From Fox News just last week:



    The lowest unemployment rate in five decades

    Since March 2022, the unemployment
    rate has ranged from 3.4% to 3.7%.
    Its consistency reflects a resilient
    U.S. labor market despite economic
    woes, including high inflation and
    11 federal funds rate hikes since
    March 2022.

    https://fox59.com/news/national-world/labor-day-snapshot-7-stats-about-
    american-workers/


    Which is why Joe Biden's approval rates regarding the economy hover in the 30 percentile.
    <https://www.pbs.org/newshour/politics/bidens-approval-rating-on-the-economy-stagnates-despite-
    slowing-inflation-ap-norc-poll-finds>

    The workers are not happy.
    Can you blame them?

    Why do you seem to drag Trump into every thread?

    Because virtually everything for which you blame Biden actually originated under
    Trump.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Charlie Glock <"Charlie@21:1/5 to Max Boot on Tue Sep 12 23:00:29 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    On 2023-09-12, Max Boot <max.boot@lathymes.com> wrote:
    On 9/12/2023 2:02 PM, Charlie Glock wrote:
    On 2023-09-12, Mitchell Holman <noemail@verizon.net> wrote:
    Paul Ragna <tpragna1900O@gmail.com> wrote in
    news:XnsB07D77BBB87AA882000099222@135.181.20.170:

    Bidenomics fails again.
    And the liar in chief has the gall to promote his plan?
    What planet is Joe Biden living on?

    "More Americans Jobless Than BidenÂ’s Official Unemployment Rate Shows" >>>>
    <https://freerepublic.com/focus/f-news/4181820/posts>

    "The labor market is nowhere near as strong as it appears. If that
    sounds surprising, itÂ’s because the absence of millions of Americans
    from the workforce artificially lowers the unemployment rate.

    Accounting for the missing workers reveals an unemployment rate of
    over 6%, not the official 3.8%.


    Indeed.


    Unemployment still skyrocketing
    May 7, 2020
    https://www.foxnews.com/politics/unemployment-still-skyrocketing


    Oh wait, that was under Trump.


    From Fox News just last week:



    The lowest unemployment rate in five decades

    Since March 2022, the unemployment
    rate has ranged from 3.4% to 3.7%.
    Its consistency reflects a resilient
    U.S. labor market despite economic
    woes, including high inflation and
    11 federal funds rate hikes since
    March 2022.

    https://fox59.com/news/national-world/labor-day-snapshot-7-stats-about-
    american-workers/


    Which is why Joe Biden's approval rates regarding the economy hover in the 30 percentile.
    <https://www.pbs.org/newshour/politics/bidens-approval-rating-on-the-economy-stagnates-despite-
    slowing-inflation-ap-norc-poll-finds>

    The workers are not happy.
    Can you blame them?

    Why do you seem to drag Trump into every thread?

    Because virtually everything for which you blame Biden actually originated under
    Trump.

    You can't be serious?
    take gas prices for example, Biden's first day in office he cancelled Keystone pipeline and started
    his war on fossil fuels.
    what do you think happened?
    Literally the next day prices went up.

    I can't believe you left wingers are so brainwashed.
    Yet, you are.


    --
    Charlie Glock
    "To conquer a nation, first disarm it's citizens"
    -- Adolf Hitler

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Mormon Jess@21:1/5 to All on Wed Sep 13 01:24:04 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh


    Biden and his administration are a bunch of liars. Do you really think we >don't know the difference?

    In a campaign speech last week, Mr. Biden basically told voters not to >believe their lying eyes, spouting cherry-picked statistics that paint the >economy as rosier than it really is.

    They say he's going to round up the rightists and have them shot because
    right wingers are traitors who hate America.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Mitchell Holman@21:1/5 to Glock"@localhost.com on Wed Sep 13 02:26:53 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    Charlie Glock <"Charlie Glock"@localhost.com> wrote in news:h46MM.5$z6Mb.2@fx40.iad:

    On 2023-09-12, Max Boot <max.boot@lathymes.com> wrote:
    On 9/12/2023 2:02 PM, Charlie Glock wrote:
    On 2023-09-12, Mitchell Holman <noemail@verizon.net> wrote:
    Paul Ragna <tpragna1900O@gmail.com> wrote in
    news:XnsB07D77BBB87AA882000099222@135.181.20.170:

    Bidenomics fails again.
    And the liar in chief has the gall to promote his plan?
    What planet is Joe Biden living on?

    "More Americans Jobless Than BidenÂ’s Official Unemployment Rate
    Shows"

    <https://freerepublic.com/focus/f-news/4181820/posts>

    "The labor market is nowhere near as strong as it appears. If that
    sounds surprising, itÂ’s because the absence of millions of
    Americans from the workforce artificially lowers the unemployment
    rate.

    Accounting for the missing workers reveals an unemployment rate of
    over 6%, not the official 3.8%.


    Indeed.


    Unemployment still skyrocketing
    May 7, 2020
    https://www.foxnews.com/politics/unemployment-still-skyrocketing


    Oh wait, that was under Trump.


    From Fox News just last week:



    The lowest unemployment rate in five decades

    Since March 2022, the unemployment
    rate has ranged from 3.4% to 3.7%.
    Its consistency reflects a resilient
    U.S. labor market despite economic
    woes, including high inflation and
    11 federal funds rate hikes since
    March 2022.

    https://fox59.com/news/national-world/labor-day-snapshot-7-stats-abo
    ut- american-workers/


    Which is why Joe Biden's approval rates regarding the economy hover
    in the 30 percentile.
    <https://www.pbs.org/newshour/politics/bidens-approval-rating-on-the-
    economy-stagnates-despite- slowing-inflation-ap-norc-poll-finds>

    The workers are not happy.
    Can you blame them?

    Why do you seem to drag Trump into every thread?

    Because virtually everything for which you blame Biden actually
    originated under Trump.

    You can't be serious?
    take gas prices for example,


    OK, let's do that.

    Why did Trump conspire with Big Oil
    to RAISE gas prices?



    Trump is meeting with oil company CEOs
    to raise gas prices
    APRIL 3, 2020

    President Trump is meeting at the White
    House on Friday with the top executives
    of some of the largest U.S. oil companies
    to discuss ways his administration might
    support the oil and gas industry amid an
    oil crash. On Thursday, Trump tweeted that
    he had spoken with the leaders of Saudi
    Arabia and Russia — whose price war
    combined with a sharp drop in demand due
    to the coronavirus pandemic to tank oil
    prices — and expected them to cut
    production, which "will be GREAT for the
    oil and gas industry!" Indeed, oil prices
    shot up after Trump's tweet and continued
    rising early Friday.

    But higher oil prices mean higher gas prices
    for consumers, as CNN political analyst Joe
    Lockhart noted.

    https://tinyurl.com/yhhduwyn




    Biden's first day in office he cancelled
    Keystone pipeline and started his war on fossil fuels.


    Who was it ban oil drilling in
    state after state, again?



    Trump Bans Oil Drilling Off
    Florida, Georgia, South Carolina
    Sept 9 2020
    https://tinyurl.com/3tfn3tvj



    Trump extends drilling ban off
    North Carolina, Virginia
    Sept 25, 2020
    https://tinyurl.com/239u3bf6

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Governor Swill@21:1/5 to juones on Wed Sep 13 07:53:39 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    On Tue, 12 Sep 2023 20:32:50 -0000 (UTC), juones <juones@msnbc.com> wrote:

    On 12 Sep 2023, Rudy Canoza aka Jay Santos <js@cap.gov> posted some >news:QN3MM.302$3V4d.26@fx39.iad:

    On 9/12/2023 8:46 AM, Paul Ragna wrote:


    "More Americans Jobless Than Biden’s Official Unemployment Rate
    Shows"

    <https://freerepublic.com/focus/f-news/4181820/posts>

    "The labor market is nowhere near as strong as it appears. If that
    sounds surprising, it’s because the absence of millions of
    Americans from the workforce artificially lowers the unemployment
    rate.

    That's a lie.

    https://www.bls.gov/news.release/empsit.t01.htm

    Biden and his administration are a bunch of liars. Do you really think we >don't know the difference?

    In a campaign speech last week, Mr. Biden basically told voters not to >believe their lying eyes, spouting cherry-picked statistics that paint the >economy as rosier than it really is.

    “We created 13.4 million new jobs,” Mr. Biden boasted.

    Not true. The U.S. has gained roughly 2 million jobs since before the >pandemic hit.

    The job recovery began under former President Donald Trump, who oversaw
    the recovery of 16.6 million jobs. Mr. Biden confuses “jobs created” with >“jobs recovered.”

    Do you have cites for those numbers or do I need to open a roll of Charmin?

    Swill
    --
    "Instead of building a wall or sending CBP agents to the border, why
    doesn't the GOP send thoughts and prayers? It works so well for Mass
    Shootings it should easily solve the border issue." - unknown

    Dead Nazi Series: Goering - https://tinyurl.com/5dksebj5

    GO TRUMP! Go farther! Farther! I can still hear you!

    Heroyam slava! Glory to the Heroes!

    Sláva Ukrajíni! Glory to Ukraine!

    Putin tse prezervatyv! Putin is a condom!

    Go here to donate to Ukrainian relief. <https://www2.deloitte.com/ua/uk/pages/registration-forms/help-cities.html>

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Governor Swill@21:1/5 to Mitchell Holman on Wed Sep 13 07:49:06 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    On Tue, 12 Sep 2023 18:38:10 +0000, Mitchell Holman <noemail@verizon.net> wrote:

    Paul Ragna <tpragna1900O@gmail.com> wrote in >news:XnsB07D77BBB87AA882000099222@135.181.20.170:

    Bidenomics fails again.
    And the liar in chief has the gall to promote his plan?
    What planet is Joe Biden living on?

    "More Americans Jobless Than Biden’s Official Unemployment Rate Shows"

    <https://freerepublic.com/focus/f-news/4181820/posts>

    "The labor market is nowhere near as strong as it appears. If that
    sounds surprising, it’s because the absence of millions of Americans
    from the workforce artificially lowers the unemployment rate.

    Accounting for the missing workers reveals an unemployment rate of
    over 6%, not the official 3.8%.


    Indeed.

    I recall Trump saying in 2016 that the "real" unemployment rate was near 25%. But in
    February 2017 when the unemployment numbers came in at around 4%, he took credit for the
    "improvement".

    Unemployment still skyrocketing
    May 7, 2020
    https://www.foxnews.com/politics/unemployment-still-skyrocketing


    Oh wait, that was under Trump.


    From Fox News just last week:



    The lowest unemployment rate in five decades

    Since March 2022, the unemployment
    rate has ranged from 3.4% to 3.7%.
    Its consistency reflects a resilient
    U.S. labor market despite economic
    woes, including high inflation and
    11 federal funds rate hikes since
    March 2022.

    https://fox59.com/news/national-world/labor-day-snapshot-7-stats-about- >american-workers/


    Swill
    --
    "Instead of building a wall or sending CBP agents to the border, why
    doesn't the GOP send thoughts and prayers? It works so well for Mass
    Shootings it should easily solve the border issue." - unknown

    Dead Nazi Series: Goering - https://tinyurl.com/5dksebj5

    GO TRUMP! Go farther! Farther! I can still hear you!

    Heroyam slava! Glory to the Heroes!

    Sláva Ukrajíni! Glory to Ukraine!

    Putin tse prezervatyv! Putin is a condom!

    Go here to donate to Ukrainian relief. <https://www2.deloitte.com/ua/uk/pages/registration-forms/help-cities.html>

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From NoBody@21:1/5 to noemail@verizon.net on Wed Sep 13 07:29:20 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    On Tue, 12 Sep 2023 18:38:10 +0000, Mitchell Holman
    <noemail@verizon.net> wrote:

    Paul Ragna <tpragna1900O@gmail.com> wrote in >news:XnsB07D77BBB87AA882000099222@135.181.20.170:

    Bidenomics fails again.
    And the liar in chief has the gall to promote his plan?
    What planet is Joe Biden living on?

    "More Americans Jobless Than Biden’s Official Unemployment Rate Shows"

    <https://freerepublic.com/focus/f-news/4181820/posts>

    "The labor market is nowhere near as strong as it appears. If that
    sounds surprising, it’s because the absence of millions of Americans
    from the workforce artificially lowers the unemployment rate.

    Accounting for the missing workers reveals an unemployment rate of
    over 6%, not the official 3.8%.


    Indeed.


    Unemployment still skyrocketing
    May 7, 2020
    https://www.foxnews.com/politics/unemployment-still-skyrocketing


    Oh wait, that was under Trump.

    Covid you moron.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From !Jones@21:1/5 to Ragna on Wed Sep 13 11:49:43 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    On Tue, 12 Sep 2023 15:46:12 -0000 (UTC), in talk.politics.guns Paul
    Ragna <tpragna1900O@gmail.com> wrote:

    Bidenomics fails again.
    And the liar in chief has the gall to promote his plan?
    What planet is Joe Biden living on?

    "More Americans Jobless Than Biden’s Official Unemployment Rate Shows"

    <https://freerepublic.com/focus/f-news/4181820/posts>

    Note: Go read the link.

    I would point out that "unemployed" and "jobless" are two completely
    different metrics. A person is "unemployed" when he or she is out of
    work and actively seeking a job. A "jobless" person doesn't have a
    job and isn't seeking one. Retired people are frequently jobless. (I
    don't know how the author cited arrived at his or her numbers and we
    are never told; however, I'd be suprised if, when you totaled everyone
    who wasn't earning a wage, you weren't over 25% of the population.)

    I would further point out that a national economy does not respond
    immediately to governmental input. I would suggest that our economic
    inertia today can be traced back as far as Bush(43) and maybe further.
    You seem to think that an economy responds like your car does to its
    steering wheel and nothing could be more wrong. The inflation that we
    saw in the early 2020s was grounded in the government printing too
    much money over a long period of time.

    I believe that Joe Biden has done an acceptable job of national
    management. Give him credit, dude... he's trying to lead a team where
    roughly half (or so) are actively trying to cause him to fail by
    shutting down the government and putting us into default!

    I do think that we should cut spending, but the Devil is in the
    details. ("Cut *their* wasteful spending, but don't touch spending in
    *my* district!") I'd like to see a balanced budget amendment where,
    whatever we spend, we pay for in taxes *right now*.

    --- SoupGate-Win32 v1.05
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  • From Ken@21:1/5 to Jay Santos on Wed Sep 13 14:18:37 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    Jay Santos wrote:
    On 9/12/2023 8:46 AM, Paul Ragna wrote:


    "More Americans Jobless Than Biden’s Official Unemployment Rate Shows"

    <https://freerepublic.com/focus/f-news/4181820/posts>

    "The labor market is nowhere near as strong as it appears. If that sounds
    surprising, it’s because the absence of millions of Americans from the
    workforce artificially lowers the unemployment rate.

    That's a lie.  The labor participation rate is rising.

    Seasonally adjusted labor participation rate (percentage):

      Aug 2022 — 62.3
      Apr 2023 — 62.6
      May 2023 — 62.6
      Jun 2023 — 62.6
      Jul 2023 — 62.6
      Aug 2023 — 62.8

    https://www.bls.gov/news.release/empsit.t01.htm

    The unemployment rate went up by three-tenths of a point last month,
    despite more new jobs, *because* people who were out of the labor force
    are coming back into it, but they haven't all found jobs yet.

    Ragweed lied.

    Why do you think more are looking for work?? Could it be that inflation
    is causing interest rates and food prices to go so high they must seek
    more funds?? Or could it be that they need to seek a job before one of
    those 7 million illegals takes the jobs and there are none available later??

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  • From Governor Swill@21:1/5 to x@y.com on Thu Sep 14 04:22:21 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    On Wed, 13 Sep 2023 11:49:43 -0500, !Jones <x@y.com> wrote:

    I do think that we should cut spending, but the Devil is in the
    details. ("Cut *their* wasteful spending, but don't touch spending in
    *my* district!") I'd like to see a balanced budget amendment where,
    whatever we spend, we pay for in taxes *right now*.

    That would be agreeable. Tie spending to tax rates. If they spend more, tax rates or
    other "revenue enhancements" go into effect for each jump in spending.

    Swill
    --
    "Instead of building a wall or sending CBP agents to the border, why
    doesn't the GOP send thoughts and prayers? It works so well for Mass
    Shootings it should easily solve the border issue." - unknown

    Dead Nazi Series: Goering - https://tinyurl.com/5dksebj5

    GO TRUMP! Go farther! Farther! I can still hear you!

    Heroyam slava! Glory to the Heroes!

    Sláva Ukrajíni! Glory to Ukraine!

    Putin tse prezervatyv! Putin is a condom!

    Go here to donate to Ukrainian relief. <https://www2.deloitte.com/ua/uk/pages/registration-forms/help-cities.html>

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From !Jones@21:1/5 to Swill on Thu Sep 14 13:18:03 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    On Thu, 14 Sep 2023 04:22:21 -0400, in talk.politics.guns Governor
    Swill <governor.swill@gmail.com> wrote:

    That would be agreeable. Tie spending to tax rates. If they spend more, tax rates or
    other "revenue enhancements" go into effect for each jump in spending.

    It is my understanding that this is the definition of a "balanced
    budget".

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Scout@21:1/5 to x@y.com on Fri Sep 15 09:37:17 2023
    XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh

    "!Jones" <x@y.com> wrote in message news:hhj6gilmld5hh1iij6g81k62jer61sqqn7@4ax.com...
    On Thu, 14 Sep 2023 04:22:21 -0400, in talk.politics.guns Governor
    Swill <governor.swill@gmail.com> wrote:

    That would be agreeable. Tie spending to tax rates. If they spend more, >>tax rates or
    other "revenue enhancements" go into effect for each jump in spending.

    It is my understanding that this is the definition of a "balanced
    budget".

    Eliminating their pay and benefits will be the first "revenue enhancement"
    that should go into effect.

    The next round should take 20% of their wealth.

    --- SoupGate-Win32 v1.05
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