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The Biden Recovery

The Biden Recovery

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MB

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@no1marauder said
The Biden recovery marches on: almost a million jobs added in July, unemployment rate drops from 5.9% to 5.4%, wages up, etc: https://www.cnbc.com/amp/2021/08/06/jobs-report-july-.html
Wages are not really up. Adjust wages to inflation, they are down.

Does the unemployment rate count people not looking for work because they are collecting unemployment? If the answer is no there is no Biden recovery.

AverageJoe1
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@metal-brain said
Wages are not really up. Adjust wages to inflation, they are down.

Does the unemployment rate count people not looking for work because they are collecting unemployment? If the answer is no there is no Biden recovery.
I think Marauder’s ‘Link Implosion “ has fried his brain.

MB

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@averagejoe1 said
I think Marauder’s ‘Link Implosion “ has fried his brain.
The unemployment numbers are known for being rigged.

https://anticap.wordpress.com/2020/06/08/rigged-unemployment-numbers-pandemic-edition/

AThousandYoung
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@metal-brain said
Wages are not really up. Adjust wages to inflation, they are down.

Does the unemployment rate count people not looking for work because they are collecting unemployment? If the answer is no there is no Biden recovery.
It is illegal to collect unemployment and not look for work.

MB

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@athousandyoung said
It is illegal to collect unemployment and not look for work.
...and people do it all the time.

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@metal-brain said
...and people do it all the time.
But they don’t tell anyone they are doing it so why would they be excluded from the statistics as you imply?

MB

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@athousandyoung said
But they don’t tell anyone they are doing it so why would they be excluded from the statistics as you imply?
They can do it so they do. That is why they are excluded from the statistics.

s
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@Metal-Brain
Tell me, why did you not bring this up when your god king TRUMP was POTUS? Oh, I forgot, NOTHING Trump did was wrong, EVERYTHING he did was SUCH an act of genius, just ask him, he SAID he was a stable genius.

MB

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@sonhouse said
@Metal-Brain
Tell me, why did you not bring this up when your god king TRUMP was POTUS? Oh, I forgot, NOTHING Trump did was wrong, EVERYTHING he did was SUCH an act of genius, just ask him, he SAID he was a stable genius.
I have said many times before that I think both Trump and Biden are jerks.
Do you think you can remember that?

Adjust wages to inflation. Wages are down. While you are at it adjust the stock market to inflation.

There is no Biden recovery.

Mott The Hoople
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the msm propped him up as long as they could. people can tell their quality of life is going down.

Mott The Hoople
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@sonhouse said
@Metal-Brain
Tell me, why did you not bring this up when your god king TRUMP was POTUS? Oh, I forgot, NOTHING Trump did was wrong, EVERYTHING he did was SUCH an act of genius, just ask him, he SAID he was a stable genius.
because it didnt happen under Trump…

AverageJoe1
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@metal-brain said
I have said many times before that I think both Trump and Biden are jerks.
Do you think you can remember that?

Adjust wages to inflation. Wages are down. While you are at it adjust the stock market to inflation.

There is no Biden recovery.
If you 'adjust wages to inflation' it results in employees/workers having more money. It is an economic fact of supply and demand, that when they have more money, their demand for goods and services go up. By buying things, the things become more scarce, and the manufacturer thus raises the price on the things.
So, you see the phrase Supply and Demand in action.
My point is, that if all of the above happens, nothing has really happened. No one is better off when wages are adjusted to inflation. Everyone is in the exact same boat.

s
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@AverageJoe1
You are full of shyte as usual.
People are pulling out of poverty now and that would NEVER have happened under your god king Trump administration.

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@AverageJoe1
Yeah, high gas prices MUST be Biden's fault. It could not EVEN be due to more people driving now and normal supply and demand is cutting in.
Oh, I forgot, EVERYTHING good came from your god king Trump and now EVERYTHING bad is Biden's fault.
Got it.

AverageJoe1
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Lake Como

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@sonhouse said
@AverageJoe1
You are full of shyte as usual.
People are pulling out of poverty now and that would NEVER have happened under your god king Trump administration.
aww, shoot, Sonhouse. You missed another issue. Maybe my posts ought to begin with "The issue is___________"

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