American Vet

The Biden White House is frustrated that the public does not give it the credit on economic issues that administration officials are convinced they deserve. But on many of the accomplishments they point to, the public has a good reason not to give much credit to Biden because they were already achieved when Trump was president.

Take the unemployment rate. This has fallen to 3.7 percent, a low rate by historical standards. But it was even lower under President Trump before the p******c struck, falling below four percent in the summer of 2018 for the first time in decades. And that wasn’t a short-lived dip. On the eve of the p******c shutdowns, in February 2020, the unemployment rate was still 3.5 percent.

Biden is also likely to tout his administration’s job creation record. The economy has added an impressive 14.8 million jobs since January 2021, when Biden took office, and this January, growth of around 10 percent. That puts him on track to match or exceed some of the best job growth numbers seen in recent decades, including the job booms in Bill Clinton’s first term and Ronald Reagan’s second term.

That record, however, is distorted by the historic job losses inflicted by the p******c. Compared with February 2020, jobs are only up 3.5 percent. This lends credence to the argument that many of the jobs that Biden takes credit for are not the result of his policies but the result of the whipsaw shutdown and recovery wrought by the p******c.

https://www.breitbart.com/economy/2024/03/07/breitbart-business-digest-bidens-broken-economy-haunts-the-state-of-the-union/

Milosia2 Loc: Cleveland Ohio

Bureau Labor and Statistics .
Highest job growth if All Previous presidents.

American Vet

Learn to read, DoPo

Milosia2 Loc: Cleveland Ohio

Snopes

When Trump Was in Office, US Job Growth Was Worst Since Great Depression?
Story by Jordan Liles •
All True !

Milosia2 Loc: Cleveland Ohio

Read this :

Biden’s Numbers, January 2024 Update
Our latest quarterly look at various statistical measures during Biden's presidency.

By Eugene Kiely, Brooks Jackson, D'Angelo Gore, Robert Farley, Lori Robertson and Sean Christensen

Posted on January 25, 2024

Summary
Para leer en español, vea esta traducción de Google T***slate.

Here’s how the United States has fared since President Joe Biden took office three years ago:

The economy added more than 14 million jobs. The number is now nearly 4.9 million higher than before the p******c.
The unemployment rate dropped back to just above the pre-p******c low; unfilled job openings again outnumber unemployed job seekers.
Inflation spiked to the highest level in over 40 years. Despite recent moderation, consumer prices are up nearly 18% overall during Biden’s time. Gasoline is up 29%.
Average weekly earnings haven’t kept pace with prices. After adjusting for inflation, “real” weekly earnings declined 3.4%.
Defying expectations, the nation’s economy expanded 2.5% in 2023, marking the third straight year of economic growth.
Crime data show a decrease in murders in U.S. cities in 2022 and 2023.
The S&P 500 has increased 28.2%.
The number of apprehensions of those trying to cross the southern border illegally remains near historical highs. For the 12 months ending in November, apprehensions are up 296%.
For the third straight year, gun purchases declined, as measured by background checks for firearm sales.
Crude oil production is up 12.7%; imports are up 8.7%.
The trade deficit for goods and services is about 20.9% higher.
The number of people without health insurance has gone down; enrollment in Affordable Care Act marketplace plans is at its highest point yet.
The number of people receiving federal food assistance has declined by more than 700,000.
The publicly held debt has increased by about 24.

microphor Loc: Home is TN

ahahaha, ahahaha, I cant help it. These numbers do not account for people returning to work after p******c or second jobs due to Joes inflation. Less food assistence but food banks are empty and begging for donations while we are feeding an estimated baddictional 13 million i******s on taxpayyer dimes. Criminals dont do background checks to purchasw weapons You need to learn to reason through what the gov tells you. My medical premiums continue to rise under Joe but had declined some under trump after hitting all time high un der Obama. I dont think you work and pay your own bills or you would see these things for yourself. Of course you could be in an income bracket tha these thingd may be true for you but you make enough that its not a security threat.

Ricktloml

These "policy achievements" are phrased to deceive...according to the Bureau of Labor Statistics, (BLS)...real wages went up 14.8% during the Gestapo Joe regime, but they were completely lost to inflation, and more. When adjusted for inflation, (BLS)...wages actually declined 3.1% since Gestapo Joe took office.

Again, according to BLS:
Inflation has moderated from hitting a peak increase of 9% for the 12 months ending June 2022, the biggest increase in over 40 years...to 3%...which is still higher than the 1.4% when he took office.