678,000 jobs, unemployment falling to 3.8%

BartenderElite said:
Ending a war, bringing the economy back, almost full employment.

And did I mention that COVID is ending?

The narrative is changing.
Click to expand...

he didn't end a war, he accelerated it......almost as many people working as there were under Trump.....bringing high prices back.........more people had covid under Biden than under Trump despite the fact Trump handed Biden the vaccine.......
 
PostmodernProphet said:
he didn't end a war, he accelerated it......almost as many people working as there were under Trump.....bringing high prices back.........more people had covid under Biden than under Trump despite the fact Trump handed Biden the vaccine.......
Click to expand...

Are we still in Afghanistan?

He ended a war. And the economy is better than it was when Trump left office.
 
BartenderElite said:
Are we still in Afghanistan?

He ended a war. And the economy is better than it was when Trump left office.
Click to expand...

more people died in Afghanistan in 2021 than in 2019 and 2020, both Afghans and American soldiers.....Trump's booming economy in 2019 had the lowest unemployment in 40 years instead of the highest inflation in 40 years......
 
Also, after a bit over one year, President Biden and team have created about 7 million jobs, the highest ever in decades and much higher than all former republican presidents and the fake president created too.
 
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BartenderElite said:
Ending a war, bringing the economy back, almost full employment.

And did I mention that COVID is ending?

The narrative is changing.
Click to expand...

John Mauldin writes a pretty good weekly column on economics and geopolitical events. I receive it each Saturday morning. This is from this morning and makes reference to current economic growth. (this is just an excerpt from it)


The US Economy Is Slowing Down

The Atlanta Fed’s real GDP model for the first quarter now shows 0% growth.

The yield curve is flattening. The difference between 2-year and 10-year yields is now less than 0.3 percentage points. Yields are essentially already flat at the long end of the curve. The Fed is going to tighten into a slowing economy, notwithstanding Friday’s monster employment number.

We will go into this in another letter, but I think inflation will be harder to bring down than seemingly anyone at the Fed now believes. At best, inflation will still be over 3% at yearend. I won’t be surprised to see 4% because of the screwy way we figure housing inflation. The Fed is going to be under massive pressure. I don’t think they or anyone else knows what they will do. It spells even more market volatility.


https://www.mauldineconomics.com/frontlinethoughts/change-squared
 
Thank Goodness Biden was able to convince the democrats to move forward with infrastructure. The employment issue should be a non-issue when the public sector can simply create labor market opportunities to help correct for capitalism's natural rate of unemployment via market friendly means.

Vote blue not red!
 
cawacko said:
John Mauldin writes a pretty good weekly column on economics and geopolitical events. I receive it each Saturday morning. This is from this morning and makes reference to current economic growth. (this is just an excerpt from it)


The US Economy Is Slowing Down

The Atlanta Fed’s real GDP model for the first quarter now shows 0% growth.

The yield curve is flattening. The difference between 2-year and 10-year yields is now less than 0.3 percentage points. Yields are essentially already flat at the long end of the curve. The Fed is going to tighten into a slowing economy, notwithstanding Friday’s monster employment number.

We will go into this in another letter, but I think inflation will be harder to bring down than seemingly anyone at the Fed now believes. At best, inflation will still be over 3% at yearend. I won’t be surprised to see 4% because of the screwy way we figure housing inflation. The Fed is going to be under massive pressure. I don’t think they or anyone else knows what they will do. It spells even more market volatility.


https://www.mauldineconomics.com/frontlinethoughts/change-squared
Click to expand...
There is plenty of infrastructure that should be upgraded. And, we can always use a coast to coast underground mass transit / public transit system that is maglev capable along with being able to vacuum an environment.
 
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