Inflation is rising again, and Bidenomics is still to blame (msn.com)
Effects leftist as all Americans and they praise Joey
Effects leftist as all Americans and they praise Joey
Bidenomics
- Thread starter Dawg
- Start date
Professor Joey
Biden's German ambassador again raises eyebrows with mega payouts from UPenn (msn.com)
Why didn't Joey give the $911,000 to the students to pay off their loans since he didn't earn the money or teach a class!
$23,000,000 no wonder college is so expensive
Biden's German ambassador again raises eyebrows with mega payouts from UPenn (msn.com)
Why didn't Joey give the $911,000 to the students to pay off their loans since he didn't earn the money or teach a class!
$23,000,000 no wonder college is so expensive
Jobs report: 187,000 jobs added in August as unemployment rises to 3.8% (msn.com)
Everything is rising with Joey
Everything is rising with Joey
Jack4freedom
Senator
Except his dick according to Jill…
Raoul_Luke
"Wait, it's all Marxism?" "Always has been."
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ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
shocking
Rumor is she's getting a Blow Up Doll
The Fed’s Favorite Inflation Measure Just Ticked Back Up (msn.com)
Like Joey has
Raoul_Luke
"Wait, it's all Marxism?" "Always has been."
Wait, there's more:
Unfortunately, it gets much worse, because while the Establishment Survey only looks at jobs quantitatively, the Household Survey (which again was stronger this month) also looks at the quality of jobs gained or lost, and specifically it breaks down the jobs into full-time and part-time jobs (Source: Table A-9).
Well, one look at this month's adjustment and it's literally a shocker: you will not hear anyone from the Biden admin or associated economist cheerleaders mention this, but the BLS reported that in August the number of full-time jobs dropped again, sliding by 85K to 134.2 million, and followed the whopping 585K plunge in July which brings the two-month total drop in full-time jobs to a whopping 670K, the biggest 2-month plunge since the covid lockdowns in early 2020 when 12.5 million full-time jobs were lost in one month!
But if full-time jobs crashed how did the BLS get an increase of 222,000 employed workers? Simple: it was all in the latest jump of part-time workers. Indeed, in August the number of reported part-timers jumped by 32K and when added to the near-record 972K surge in July, the 2-month total was just over one million - 1,004,000 to be precise - to 27.185 million.
Going back to a quantitative read of the data, we look at the number of multiple jobholders - those workers who have to work more than one job at a time to make ends meet. In August this number was actually a modest silver lining, as it dropped by July, that number dropped by 85K to 8.028 million, but it remains just shy of the pre-covid record.
But wait, there's more: as we noted last night, the August payroll is a made-up number almost entirely driven by the Seasonal Adjustments, and as SouthBay Research notes, in August, the Seasonal Adjustment created 159K of the 179K Private Payroll growth. 90% of the total.
ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Wait, there's more:
Unfortunately, it gets much worse, because while the Establishment Survey only looks at jobs quantitatively, the Household Survey (which again was stronger this month) also looks at the quality of jobs gained or lost, and specifically it breaks down the jobs into full-time and part-time jobs (Source: Table A-9).
Well, one look at this month's adjustment and it's literally a shocker: you will not hear anyone from the Biden admin or associated economist cheerleaders mention this, but the BLS reported that in August the number of full-time jobs dropped again, sliding by 85K to 134.2 million, and followed the whopping 585K plunge in July which brings the two-month total drop in full-time jobs to a whopping 670K, the biggest 2-month plunge since the covid lockdowns in early 2020 when 12.5 million full-time jobs were lost in one month!
But if full-time jobs crashed how did the BLS get an increase of 222,000 employed workers? Simple: it was all in the latest jump of part-time workers. Indeed, in August the number of reported part-timers jumped by 32K and when added to the near-record 972K surge in July, the 2-month total was just over one million - 1,004,000 to be precise - to 27.185 million.
Going back to a quantitative read of the data, we look at the number of multiple jobholders - those workers who have to work more than one job at a time to make ends meet. In August this number was actually a modest silver lining, as it dropped by July, that number dropped by 85K to 8.028 million, but it remains just shy of the pre-covid record.
But wait, there's more: as we noted last night, the August payroll is a made-up number almost entirely driven by the Seasonal Adjustments, and as SouthBay Research notes, in August, the Seasonal Adjustment created 159K of the 179K Private Payroll growth. 90% of the total.
ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
He's not only Senile he's Blind
Biden Mumbles, Says America Has One Of The Strongest Economies In Our History (Video) (msn.com)
Everything is coming up Roses
Housing market affordability is so strained that couples want down payment cash rather than a wedding gift (msn.com)
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Oh yeah
Zam-Zam
Senator
Key indicators:
An inflation measure closely watched by the Federal Reserve ticked higher in July as steep prices continue to squeeze millions of US households.
The personal consumption expenditures (PCE) index showed that consumer prices rose 0.2% from the previous month, according to the Commerce Department.
On an annual basis, prices climbed 3.3% — up from 3% the previous month, underscoring the challenge of taming high inflation.
The figures were both in line with estimates from Refintiv economists.
Core prices, which strip out the more volatile measurements of food and energy, climbed 0.2% from the previous month and 4.2% from the previous year.
Key Fed inflation gauge shows no relief for squeezed families (nypost.com)
Team Biden Cheerleading Squad members are still trying to sell Americans on how amazingly great the economy is doing, but one trip to the grocery store or the gas pump undermines all their propaganda. They can say anything they want, but Americans know the truth.
And there's not a thing they can do about it.
Spamature
President
For a GOPer I guess America doing better is bad news.
So here is some bad news for you GOPers.
Lower Inflation, GDP Growth Positive Signs for U.S. Economy
Above-trend real GDP growth, healthy labor market conditions and declining—but still above target—inflation remain key themes in the U.S. economic outlook.
It's predictecd that it's going back down that must make you GOPers upset.
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For a GOPer I guess America doing better is bad news.
So here is some bad news for you GOPers.
Lower Inflation, GDP Growth Positive Signs for U.S. Economy
Above-trend real GDP growth, healthy labor market conditions and declining—but still above target—inflation remain key themes in the U.S. economic outlook.www.stlouisfed.org
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It's predictecd that it's going back down that must make you GOPers upset.
Gas is up 32%
Food is up 16%
Are their predictions better than weather-peoples?
I read a prediction gas would be $6 a gal by end of 23 and it's predicted Joey will drop out of election
Predict which are true?
Biden Is ‘Too Old,’ Harris Is Not Electable, Former Democrat Senator Says (msn.com)
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