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mahina

(19,040 posts)
Fri Jul 5, 2024, 10:43 PM Jul 2024

Joe Biden Is A Successful President, Labour's Big Win, With Democrats Things Get Better (video,substack Simon Rosenberg) [View all]

Update: alas, it is not embedding on our video page. I will add the YouTube link when he posts it, as soon as I see it. Hope it is ok to post here as it is a video but won't embed. I've posted YouTube clips here but not video from Simon's substack before. It made me feel much better, is a truthful recap of great information that is being ignored by the media. I am sharing widely.

https://www.hopiumchronicles.com/p/joe-biden-is-a-successful-president-1bf?utm_source=podcast-email&publication_id=1223483&post_id=146306187&utm_campaign=email-play-on-substack&utm_content=watch_now_button&r=flm5h&triedRedirect=true&utm_medium=email

SIMON ROSENBERG
JUL 05, 2024
Happy Friday all. We got another strong, steady jobs report this morning, and exciting news from the UK. Let’s get to it:

Job Growth In June Exceeded Expectations Again - The June jobs report is out this morning and it’s another good one: 206,000 jobs created, unemployment rate now at 4.1%. The goal of our policy now is to slow the economy, get inflation down without tipping into recession. With inflation zero last month and this sturdy report we are getting closer to where we want the economy to be - growing but with slightly lower inflation. From the Washington Post this am:

“The labor market is still strong but not quite as strong as it was a year ago,” said Gus Faucher, chief economist at PNC. “If we see a bit slower job growth, a little bit of cooling competition for workers, slightly less wage growth, that should help get inflation back to the Fed’s 2 percent target.”

Here’s our updated monthly jobs tracker:

33.8m jobs = 16 years Clinton, Obama
15.7m jobs = 40 months of Biden
1.9m jobs = 16 years of Bush, Bush, Trump
Biden's 15.7m jobs are 8 times as many jobs as were created in the 16 years of the last 3 Republican Presidencies, combined. Since 1989 and the end of the Cold War, the US has seen 51 million new jobs created. 49.5 million of those 51.4 million jobs - 96% - have been created under Democratic Presidents. Just 2 million jobs - 4% - have been created under Republicans."/ snip

Heaps of great data, charts, compelling factual information that will change voters' perceptions of which candidate is better on the economy, in many ways, for one.

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