Holy moly - a huge jobs report!
479,000 new jobs with revisions, average hourly earnings up 0.6 in a single month! Let's get to the mighty monthly jobs thread...
33.8m jobs = 16 yrs Clinton, Obama
14.8m jobs = 3 yrs Biden
1.9m jobs = 16 yrs 2 Bushes, Trump 1/
479,000 new jobs with revisions, average hourly earnings up 0.6 in a single month! Let's get to the mighty monthly jobs thread...
33.8m jobs = 16 yrs Clinton, Obama
14.8m jobs = 3 yrs Biden
1.9m jobs = 16 yrs 2 Bushes, Trump 1/
Jobs have been created at more than 40 times the rate under Biden as under the last 3 GOP Presidents.
Note that R Presidents averaged 120,000 jobs created PER YEAR for 16 yrs, while 353,000 were created LAST MONTH alone. 2/
Note that R Presidents averaged 120,000 jobs created PER YEAR for 16 yrs, while 353,000 were created LAST MONTH alone. 2/
Since 1989, when the Berlin Wall fell and a new age of globalization began, 51 million net new jobs have been created in America.
49 million of those, 96%, have been created under Democratic Presidents. Essentially all of them. 3/
49 million of those, 96%, have been created under Democratic Presidents. Essentially all of them. 3/
When Democrats are in the White House, the unemployment rate goes down. When Republicans are in the White House, it goes up. 4/
Under Biden:
- best job market since 1960s, best recovery in G7, stock market breaking records, GDP growth robust
- elevated wage gains, new business formation, prime age worker participation rates
- lowest uninsured rate ever
- deficits trillions less 5/
- best job market since 1960s, best recovery in G7, stock market breaking records, GDP growth robust
- elevated wage gains, new business formation, prime age worker participation rates
- lowest uninsured rate ever
- deficits trillions less 5/
Inflation, driven by COVID, Russian invasion of Ukraine, OPEC price hikes, has come way down. Rents, mortgages, many groceries now *falling*. 6/
In a new presentation I show that in recent decades it is only Dems who've made capitalism work, repeatedly bringing growth, lower deficits and America progress.
Republicans have repeatedly brought recession, higher deficits, American decline. 7/
hopiumchronicles.com/p/with-democra…
Republicans have repeatedly brought recession, higher deficits, American decline. 7/
hopiumchronicles.com/p/with-democra…
The whole narrative about the American economy is very red wavy.
It is Democrats who have brought growth and lower deficits, not Republicans.
Republicans have repeatedly brought recession and spiraling deficits, and repeatedly let America down. 8/
hopiumchronicles.com/p/with-democra…
It is Democrats who have brought growth and lower deficits, not Republicans.
Republicans have repeatedly brought recession and spiraling deficits, and repeatedly let America down. 8/
hopiumchronicles.com/p/with-democra…
Joe Biden is a good President. The country is far better off.
The Democratic Party is strong, and winning elections across the US.
And they have Trump, the most unfit Presidential candidate ever.
We can and should win. More 👇9/
The Democratic Party is strong, and winning elections across the US.
And they have Trump, the most unfit Presidential candidate ever.
We can and should win. More 👇9/
If you want to dive deeper into the data showing how much better the economy does under Democrats check out my new post 👇10/
hopiumchronicles.com/p/holy-moly-an…
hopiumchronicles.com/p/holy-moly-an…
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