President Joe Biden - Kamala Harris Administration

[hog88]

Believe whatever you want to believe .... Republicans believed in Q Anon, PizzaGate, and that the 2020 Presidential Election was rigged, after all.

US Hiring Surges Past Expectations as Job Market Still Strong

With the economy still adding more jobs than anticipated, analysts expect the Fed to hold off rate reductions for longer.

www.industryweek.com

Any person having trouble making ends meet in this economy, should take stock of themselves and their own lot in life, before blaming the federal government. The US job market is strong and wages are rising. We are a nation that has forgone personal responsibility and accountability. Everything is someone else's fault.

Adding part time and government jobs. Come on BB, even you can’t gaslight this crap.

 

[McDad]

It's challenging because wages didn't change with inflation and are just now starting to "catch up".

Wage growth vs inflation U.S. 2024 | Statista

The rate of inflation overtook the growth of wages in April 2021. High rates of inflation means that consumers are seeing a decrease in purchasing power

www.statista.com

 

[85SugarVol]

Believe whatever you want to believe .... Republicans believed in Q Anon, PizzaGate, and that the 2020 Presidential Election was rigged, after all.

US Hiring Surges Past Expectations as Job Market Still Strong

With the economy still adding more jobs than anticipated, analysts expect the Fed to hold off rate reductions for longer.

www.industryweek.com

Any person having trouble making ends meet in this economy, should take stock of themselves and their own lot in life, before blaming the federal government. The US job market is strong and wages are rising. We are a nation that has forgone personal responsibility and accountability. Everything is someone else's fault.

More jobs numbers?

They. Keep. Revising. Numbers. Down.

But the message of “you’re just stupid, and it’s not our fault” is really resonating with the American public. Democrats should absolutely keep beating that drum lol.

P.S., you won’t find me in the q or pizza gate discussions. Are you in the pee tape discussions?

 

[Vol737]

"Broke OPEC"? Lol. Yeah, sure.

 

[Vol423]

Adding part time and government jobs. Come on BB, even you can’t gaslight this crap.

Oh, he'll give it the old leftist try.

 

[Vol423]

It's challenging because wages didn't change with inflation and are just now starting to "catch up".

Wage growth vs inflation U.S. 2024 | Statista

The rate of inflation overtook the growth of wages in April 2021. High rates of inflation means that consumers are seeing a decrease in purchasing power

www.statista.com

View attachment 646734

These articles also use average U.S. inflation rates. When the U.S. rate topped out in the low 9% range, we were north of 13% in the Phoenix area. We lead the nation for something like 26 straight months.

 

[McDad]

These articles also use average U.S. inflation rates. When the U.S. rate topped out in the low 9% range, we were north of 13% in the Phoenix area. We lead the nation for something like 26 straight months.

Ouch.
So wages in Phoenix need to grow at what percent just to hold pace with inflation? 30-40%???

 

[Vol423]

Ouch.
So wages in Phoenix need to grow at what percent just to hold pace with inflation? 30-40%???

Probably somewhere in the 30%-33% range. I never did the monthly compounding calculation to look at it.

 

[McDad]

Probably somewhere in the 30%-33% range. I never did the monthly compounding calculation to look at it.

If it takes two years to increase wages 30+% and our inflation rate is 2.5% per year, gotta add another 5%.
I hope wages grow 40% over the next couple of years.

 

[W.TN.Orange Blood]

 

[Vol423]

They're huge fans of THEIR walls. They just don't want US to have any walls.

 

[SpaceCoastVol]

They're huge fans of THEIR walls. They just don't want US to have any walls.

Well, THEY are special. Irreplaceable and all that.

 

[Orangeburst]

If it takes two years to increase wages 30+% and our inflation rate is 2.5% per year, gotta add another 5%.
I hope wages grow 40% over the next couple of years.

If wages have to grow, then inflation will grow.

 

[McDad]

If wages have to grow, then inflation will grow.

That seems rational.
Here's some info contradicting the thought:

Don't blame higher worker pay for inflation

The recent run-up in the employment costs has had little impact on the three percentage-point increase in consumer prices.

fortune.com

I do not know the validity of the study or the politics of the SF Fed. Res. Bank.

 

[W.TN.Orange Blood]

 

[Vol423]

That seems rational.
Here's some info contradicting the thought:

Don't blame higher worker pay for inflation

The recent run-up in the employment costs has had little impact on the three percentage-point increase in consumer prices.

fortune.com

I do not know the validity of the study or the politics of the SF Fed. Res. Bank.

I’m not subscribing to Fortune magazine just to read a liberal work of fiction. It’s shocking that the people that have jacked their minimum wage up to $20 an hour would want to spin a yarn about how drastically increasing labor rates would somehow NOT be a significant driver of high inflation.

 

[Vol423]

These articles also use average U.S. inflation rates. When the U.S. rate topped out in the low 9% range, we were north of 13% in the Phoenix area. We lead the nation for something like 26 straight months.

 

[ButchPlz]

Month, after month, after month…. Like clockwork we see the jobs numbers “revised down” roughly 30 days after Biden’s Wins posts an epic tweet about said jobs numbers.

In response to an article highlighting the government’s over reporting of the jobs numbers for an entire year….

You bring us what, pray tell?

Why, Jobs Numbers from the Government of course.

Don’t stop believing.

It's not like two days ago a story came out from the BLS itself that said they missed the revised down mark by an additional 16k or so EVERY MONTH in 2023.

If you post "jobs numbers" when they're released you're an idiot. Of course the drunk you responded to wouldn't know reality if it hit him.

 

[W.TN.Orange Blood]

I wonder why her lesbian wife isn't walking beside her there?

 

[SpaceCoastVol]

 

[W.TN.Orange Blood]

Joe Biden needs to demand someone to deal w/these folks & this type of behavior.

 

[W.TN.Orange Blood]

 

[W.TN.Orange Blood]

Some crazy BS from democratic leaders who fear the radicals of their own party.

 

[508mikey]

Some crazy BS from democratic leaders who fear the radicals of their own party.

those fools still wearing those idiotic masks

 

[Vol423]

I wonder why her lesbian wife isn't walking beside her there?

She’s intellectually deceased.