"Across the 50 years preceding Biden’s tenure in office, the U.S. economy enjoyed only 25 *total* months with an unemployment rate below 4 percent. Biden did it for 27 consecutive months" slate.com/news-and-pol...
The effects of inflation could have been much, much worse.
I'm about to ask what may be a silly question. How does the actual number of jobs compare to pre-pandemic? Like, the unemployment *rate* looks good, but were there fewer jobs to fill because some businesses closed and some cut back in 2020?
And the business leaders of this country are furious about it.
That’s kinda been Joes whole jam his whole life though. Quietly, but absurdly, competent and able to get shit done. I hope he passed that sauce to Kamala.
Thats the problem though isn't it, we don't want damage mitigation, so much as we need damage reversal. This defines basically every problem humanity is facing, and why its so incredibly important to find good qualified people to fill every office seat full with good ideas.
Democrats definitely need a better PR/Communications agency.
I can’t decide who has been a better president in my lifetime, Biden or Johnson. The green energy transformation- why unemployment is so low- has been incredible.
And Trump/Vance want "tighten the labor market" by deporting immigrants (which, in addition to the human rights crisis, is likely to spark a recession).
But I keep hearing from economists that Presidents don't have an impact on the economy.
Biden is probably the best president of my entire lifetime, accomplishing more in under 4 years what others couldn't do in 8. He is going to be remembered as being the nation's 2nd FDR, someone who inherited a global fustercluck and turned it all around into the best economy in the world.
The billionaire class hates low unemployment because it means labor is a seller's market.