Biden Says ‘Generous’ Unemployment Benefits Not Responsible for Biggest Jobs Report Miss in History. He’s (Obviously) Wrong

fee.org/articles/biden… via @feeonline
“Economists were hoping for a figure roughly 1 million jobs larger,” Axios reported, “making this the biggest miss, relative to expectations, in the history of the payrolls report.”
Bloomberg writer Mohamed A. El-Erian, an economic adviser at Allianz SE, said the report constituted “the biggest data miss on record.”
“The jobs miss comes two months after Biden signed into law a $1.9 trillion COVID-19 relief package that included a six-month expansion of federal unemployment benefits, which pay unemployed workers an additional $300 per week on top of their state unemployment benefits.
These increased benefits mean in many cases people make less money returning to work, which economists warned prior to passage of the legislation would create a disincentive for workers to return to the labor force.
“Expanding unemployment benefits during a recession has a predictable result: slower employment recovery,” Texas Tech economist Alex Salter told FEE in February. “We should be helping people get back to work—not making it more financially attractive to stay home.”
This is precisely what the Biden administration did, however. The results have been a weak economic recovery and a record labor shortage. For some... the labor shortage has proven fatal to their business.”

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More from @JewhadiTM

12 May
Wow. I thought she was actually calling out the Democrats.

"Every one of us who has sworn the oath must act to prevent the unraveling of our democracy. This is not about policy. This is not about partisanship. This is about our duty as Americans.” cnn.it/3y70bi6
“Remaining silent and ignoring the lie emboldens the liar," Cheney said. "I will not sit back and watch in silence while others lead our party down a path that abandons the rule of law and joins the former President's crusade to undermine our democracy."
“Cheney argued on the floor that Trump's lies about the election have misled millions of Americas, undermining the democratic process and threatening more violence beyond January 6.”

Hey, it’s May, Liz. When are you predicting this “violence” to happen?
Read 4 tweets
12 May
Actually @RepLizCheney is set to be a a former House Republican Conference Chair and a former U.S. Representative for the state of Wyoming, and, just like Jeff Flake and Mitt Romney, has become irrelevant.

“Cheney set to be face of anti-Trump GOP” thehill.com/homenews/house…
“We must not be complicit in the former president’s lies,” Cheney said today in a statement to The Hill.

“Our oath to the Constitution imposes a duty to defend the foundations of our Republic from his unprecedented and ongoing assault.”
“Sen. Lindsey Graham today warned that if Republicans dismiss Trump, ‘half the people will leave.’

It’s not so much “dismissing” Trump, it’s failing to build on what he started.

Republicans focused on attacking Trump need to step aside. Or they can stay until they’re voted out
Read 9 tweets
11 May
The CDC is greatly exaggerating the risk of outdoor COVID-19 transmission.

The agency's disease advice is seen as increasingly irrelevant by more Americans.

reason.com/2021/05/11/cdc… via @reason
“Case in point: On April 27, CDC Director Rochelle Walensky grudgingly acknowledged that fully vaccinated people could gather outdoors and conduct outdoor activities without wearing a mask.
Wakensky cited increasing data that a person is much more likely to get infected with COVID-19 through close extended contacts indoors.
Read 10 tweets
11 May
Data show majority of Trump's 2020 support came from women and people of color washex.am/3o68N49
The share of Trump voters who were women or people of color in last year’s election was 57.2%, up from 54.8% in 2016, according to newly released data from Catalist.
Trump also increased his support among all racial demographics in 2020, with the exception of white men, making a 7-point gain among nonwhite women, a 4-point gain with nonwhite men, a 1-point gain with white women, and a 1-point loss among white men.
Read 4 tweets
11 May
NFIB Jobs Report: Small Business Job Openings Reach Record High for Third Straight Month nfib.com/foundations/re…
NFIB’s jobs report for April shows a record 44% of all small business owners report having job openings they could not fill, 22 points higher than the 48-year historical average, and two points higher than the 42% figure from March.
April is the third consecutive month with a record-high reading of unfilled job openings among small businesses.
Read 5 tweets
11 May
D.C. jail treatment of Capitol riot defendants draws bipartisan outrage justthenews.com/government/loc… via @JustTheNews
“A short drive from the U.S. Capitol, 1,500 inmates are stuck in their jail cells 22 hours a day.

Until last month it was 23, and they were also barred from going outside.

A smaller group of inmates may have it even worse: those awaiting trial for alleged crimes in the Jan. 6 Capitol riot.

They've been placed in "restrictive housing," a maximum-security designation.
Read 14 tweets

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