Biden has created more jobs in 2 years, than any President in history in any 4 year-term

You do get that bush jr was and is on your side right?

 

517,000 jobs:
36,587 part-time newspaper boys
28,673 part time crossing guards
47, 422 part time ditch diggers
99,765 part-time janitors
74,891 part time jelly bean counters
122,769 part time street sweepers
760 part time White House hairdressers
77,819 full time White House ice cream scoopers
42,691 busboys
16,001 CRT teachers
710 equity instructors
2 Corvette mechanics
7 in-house lap-top repairmen
1 engineer
1 plumber

 

Of what? I responded to the concept of Republicans being better for jobs, they are not and haven't been in half a century.

 

With respect to the topic heading of this thread:

It's little more than literary license to credit a single person or, for that matter, a single arm of government, for the state of the US economy. That said, those on either end of the political economy palaver spectrum -- the Pollyanna's and the doom 'n gloom-er's -- can be safely disregarded.

Though the globalization of industry has hollowed out a segment of the American middle class, the data for unemployment and for jobs still open suggest an economy that is relatively stable.

Regards, stay safe 'n well.

 

No the way it works in the way it's worked for years now is everything good that ever happens is our guy and everything bad is your guy even when it's our guy in office even if it's 7 years I've tried guys been in office if something bad happens it's because your guy held office previously.

Tribalism is logical but it's what a lot of people use

 

Yeah people are lying to make Democrats look good.

Biden didn't create any jobs people either just went back to work after our little stent with the dictatorship regarding covid.

 

The $1 Trillion “bipartisan” Infrastructure investment package has/will certainly boost employment, and the GDP, and/or soften an economic contraction.

Said Infrastructure package is a Government consumption expenditure and Gross Investment, thus, a GDP Component, and $1 of GCE adds $1 to the GDP.

For example; IIJA allocated $4.7 billion towards plugging orphan oil&gas wells, and as a former oil man, that’s huge……X number of oil/gas producers, 5-man crew Service Rigs, and Third parties in 22 States have already started plugging and cementing said wells, and it takes approx. 3 days to complete a job at an average cost of $20,000

The Math;

$4.7 Billion/$20,000 over X number of years equates to 235,000 orphan wells.

 

Yet employment is nearly 4 million more now than before the economy tanked during T****...and unemployment is lower than T""""'s best which, to be fair, was only slightly lower than Obama's. That was one that always amazed me, Obama went from unemployment of 9%: and dropped it to 4% but to some T****'s 4% to 3.7% was a far greater accomplishment. Weird isn't it?

 

In addition to the above, I’ve been wondering when was the last time Corporate USA took over the economy, and Uncle Sam mainly collected taxes?

 

Show me the math where nearly 4 million more are employed now than before Covid. Total employment has gone down and I doubt the population has grown enough to make up for it.

 

Arithmetic is hard I guess.

 

My arithmetic says it is not correct.

 

Not weird. Just plain wrong.

There are basically three groups of people in the US who are counted using the labor participation rate. That is all people 15 and older who are not in the military or some other institution. (1) Those that are working. (2) Those that are not working, but looking for a job and (3) those that are not working and are not looking for a job. Using data from the labor participation rate and the unemployment rate, the total unemployed under Trump was 38.9% and the total unemployed under Biden is 39.8%.

Using the total population of the US, total unemployed went up by nearly three million and the population only increased by about by about three million. At best, the number of those employment stayed about the same. More likely it went down, because those under the age of 15 are not included in the numbers.

 

Exactly right. But that reality doesn’t stop the partisan rumpswabbers from continuing to make the claim.

 

The American Rescue Plan and the infrastructure bill, for which there was bipartisan support.

 

like the last admin and his supporters did repeatedly

 

Yup. Both sides play this partisan game.

 

yep...

best President ever, everyone says so, the last admin should have done this

 

Maybe if we looked at the reality of employment we'd have a better understanding:


There are a lot of ways we can look at this. The thread points out that we got 517K new jobs, ignoring the jobs that were lost. We also can say that we got a net gain of 10K jobs over the past 24 months or we can note that over 16K jobs had been added in just the previous 8 months.

It goes on and on. mho is that the 25K jobs that dropped in the beginning of 2020 were not lost to COVID, but rather to the reaction to covid --a reaction that many now argue was excessive.

 

It is not all that complicated. The labor participation rate in Feb 2020 was 63.3% and the unemployment rate was 3.5%. The labor participation rate in January 2023 was 62.4% and the unemployment rate was 3.4%. With a little arithmetic, the total number employed in February 2020 was 61.1% and the number employed in January 2023 was 60.2%. The total in January 2023 was 0.9% less than in February 2020. Assuming the working age population is around 200 million, that is a loss of about 1.8 million jobs. At best, that working age population only increased by about 2 million. The number employed might have gone up by a couple of hundred thousand.

 

You left out Obama/Biden where it fell after Bush43 and only after the Reps took back Congress began to recover and that was accelerating under Trump/Rep until COVID.

 

You can go back and check I was noting it here. By Dec. 2020 unemployment had fallen DRAMATICALLY and still heading lower. My state was under 4% my county down to 3.6%. That's why I opposed Trumps second stimulus and then Biden's which was even more and sent the economy reeling due to inflation and kept people out of the workforce keeping the LFPR down at historic lows. The jobs numbers are in spite of the Biden/Dem policies.

 

When you full employment and an already risen LFPR it's pretty hard to create "new jobs". Everyone is ready working. Is it better to have lots of people not working so lots of new jobs can be created?

 

The vaccine wasn't what got us over the stupid lock downs, it was omicron. And it could be argued that Biden hung onto those mandates far longer then he should have.

We played the pandemic very, VERY poorly. And as a result the entire global economy has been effected.

 

Trump did well enough that Biden could get vaxxed before he took office. Trump enabled that.. not Biden.