Biden economic thread

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Evil
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Re: Biden economic thread

Post by Evil » Tue Jan 30, 2024 1:23 pm

I'll just leave this here

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Evil
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Re: Biden economic thread

Post by Evil » Fri Feb 02, 2024 8:54 am

I don't know how much more of Bidenomics we can take


https://apnews.com/article/jobs-hiring- ... 8713bb6273

US employers added surprisingly robust 353,000 jobs in January in further sign of economic strength
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Re: Biden economic thread

Post by thelionofthenorth » Fri Feb 02, 2024 10:31 am

https://stocks.apple.com/ADJIeYbzFQfmqNjwwC4n88A

>…the U.S. economy added 353,000 jobs in January…
…greater-than-expected wage growth. Wages expanded by 4.5% year over year…
…fall in the unemployment rate…
…jump in average hourly earnings…
…still-robust labor market…
…The strong jobs report…
…inflation will remain in check…
…productivity remains robust…
…which will support growth for stocks….<

Thanks, Joe.
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Scooter
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Re: Biden economic thread

Post by Scooter » Fri Feb 02, 2024 12:01 pm

And yet, when all of that happened under Trump, ALL you POS maggots said he had nothing to do with it... :leghump: :leghump: :leghump:
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clusterchuck
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Re: Biden economic thread

Post by clusterchuck » Fri Feb 02, 2024 12:42 pm

Remember when 439,000 jobs were "quietly revised down" through November 2023?

Me too.

How about when a deeper dive in the numbers revealed more than 40% of payroll growth in 2023 came from “the fairy tale ‘Birth-Death’ model” BLS uses to “guesstimate” jobs reports.

When it comes to actual data analysis, The Bull Snot job reports are epic fails.

For 11 straight months, job reports were revised down and 800k jobs were vaporized in the fake reports.
In that time, government jobs grew the most.

And the divergence of payroll and unemployment has never been seen before - including in seasonal adjustments.

Labor force participation was at a historic low of 62.5% at the close of the year a month ago.

The December jobs report showed 683,000 workers dropped out of the labor force. And a record high 8.69 million people now hold multiple jobs to make ends meet.

Hopeium is brain rot, but it sure is a reliable way to keep the volunteer cheerleading squad on the hook.
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nolaxride
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Re: Biden economic thread

Post by nolaxride » Fri Feb 02, 2024 12:56 pm

clusterchuck wrote:
Fri Feb 02, 2024 12:42 pm
Remember when 439,000 jobs were "quietly revised down" through November 2023?

Me too.

How about when a deeper dive in the numbers revealed more than 40% of payroll growth in 2023 came from “the fairy tale ‘Birth-Death’ model” BLS uses to “guesstimate” jobs reports.

When it comes to actual data analysis, The Bull Snot job reports are epic fails.

For 11 straight months, job reports were revised down and 800k jobs were vaporized in the fake reports.
In that time, government jobs grew the most.

And the divergence of payroll and unemployment has never been seen before - including in seasonal adjustments.

Labor force participation was at a historic low of 62.5% at the close of the year a month ago.

The December jobs report showed 683,000 workers dropped out of the labor force. And a record high 8.69 million people now hold multiple jobs to make ends meet.

Hopeium is brain rot, but it sure is a reliable way to keep the volunteer cheerleading squad on the hook.
Get back to me when the number is revised down. In the meantime, explain the 3.7% unemployment number...
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clusterchuck
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Re: Biden economic thread

Post by clusterchuck » Fri Feb 02, 2024 1:14 pm

nolaxride wrote:
Fri Feb 02, 2024 12:56 pm
clusterchuck wrote:
Fri Feb 02, 2024 12:42 pm
Remember when 439,000 jobs were "quietly revised down" through November 2023?

Me too.

How about when a deeper dive in the numbers revealed more than 40% of payroll growth in 2023 came from “the fairy tale ‘Birth-Death’ model” BLS uses to “guesstimate” jobs reports.

When it comes to actual data analysis, The Bull Snot job reports are epic fails.

For 11 straight months, job reports were revised down and 800k jobs were vaporized in the fake reports.
In that time, government jobs grew the most.

And the divergence of payroll and unemployment has never been seen before - including in seasonal adjustments.

Labor force participation was at a historic low of 62.5% at the close of the year a month ago.

The December jobs report showed 683,000 workers dropped out of the labor force. And a record high 8.69 million people now hold multiple jobs to make ends meet.

Hopeium is brain rot, but it sure is a reliable way to keep the volunteer cheerleading squad on the hook.
Get back to me when the number is revised down. In the meantime, explain the 3.7% unemployment number...
"Aw jeez. Not this chit again."
Last edited by clusterchuck on Fri Feb 02, 2024 1:37 pm, edited 2 times in total.
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nolaxride
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Re: Biden economic thread

Post by nolaxride » Fri Feb 02, 2024 1:29 pm

clusterchuck wrote:
Fri Feb 02, 2024 1:14 pm
nolaxride wrote:
Fri Feb 02, 2024 12:56 pm
clusterchuck wrote:
Fri Feb 02, 2024 12:42 pm
Remember when 439,000 jobs were "quietly revised down" through November 2023?

Me too.

How about when a deeper dive in the numbers revealed more than 40% of payroll growth in 2023 came from “the fairy tale ‘Birth-Death’ model” BLS uses to “guesstimate” jobs reports.

When it comes to actual data analysis, The Bull Snot job reports are epic fails.

For 11 straight months, job reports were revised down and 800k jobs were vaporized in the fake reports.
In that time, government jobs grew the most.

And the divergence of payroll and unemployment has never been seen before - including in seasonal adjustments.

Labor force participation was at a historic low of 62.5% at the close of the year a month ago.

The December jobs report showed 683,000 workers dropped out of the labor force. And a record high 8.69 million people now hold multiple jobs to make ends meet.

Hopeium is brain rot, but it sure is a reliable way to keep the volunteer cheerleading squad on the hook.
Get back to me when the number is revised down. In the meantime, explain the 3.7% unemployment number...
"Aw jeez. Not this chit again."
Nice deflection.
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clusterchuck
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Re: Biden economic thread

Post by clusterchuck » Fri Feb 02, 2024 1:37 pm

nolaxride wrote:
Fri Feb 02, 2024 1:29 pm
clusterchuck wrote:
Fri Feb 02, 2024 1:14 pm
nolaxride wrote:
Fri Feb 02, 2024 12:56 pm
clusterchuck wrote:
Fri Feb 02, 2024 12:42 pm
Remember when 439,000 jobs were "quietly revised down" through November 2023?

Me too.

How about when a deeper dive in the numbers revealed more than 40% of payroll growth in 2023 came from “the fairy tale ‘Birth-Death’ model” BLS uses to “guesstimate” jobs reports.

When it comes to actual data analysis, The Bull Snot job reports are epic fails.

For 11 straight months, job reports were revised down and 800k jobs were vaporized in the fake reports.
In that time, government jobs grew the most.

And the divergence of payroll and unemployment has never been seen before - including in seasonal adjustments.

Labor force participation was at a historic low of 62.5% at the close of the year a month ago.

The December jobs report showed 683,000 workers dropped out of the labor force. And a record high 8.69 million people now hold multiple jobs to make ends meet.

Hopeium is brain rot, but it sure is a reliable way to keep the volunteer cheerleading squad on the hook.
Get back to me when the number is revised down. In the meantime, explain the 3.7% unemployment number...
"Aw jeez. Not this chit again."
Nice deflection.
Are you suggesting the revised numbers this month have changed the changed economic reality of a month ago?
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Evil
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Re: Biden economic thread

Post by Evil » Fri Feb 02, 2024 1:49 pm

clusterchuck wrote:
Fri Feb 02, 2024 12:42 pm
Remember when 439,000 jobs were "quietly revised down" through November 2023?

Me too.

How about when a deeper dive in the numbers revealed more than 40% of payroll growth in 2023 came from “the fairy tale ‘Birth-Death’ model” BLS uses to “guesstimate” jobs reports.

When it comes to actual data analysis, The Bull Snot job reports are epic fails.

For 11 straight months, job reports were revised down and 800k jobs were vaporized in the fake reports.
In that time, government jobs grew the most.

And the divergence of payroll and unemployment has never been seen before - including in seasonal adjustments.

Labor force participation was at a historic low of 62.5% at the close of the year a month ago.

The December jobs report showed 683,000 workers dropped out of the labor force. And a record high 8.69 million people now hold multiple jobs to make ends meet.

Hopeium is brain rot, but it sure is a reliable way to keep the volunteer cheerleading squad on the hook.
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