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Current Events => Politics => Topic started by: Ptarmigan on September 06, 2021, 10:52:13 AM

Title: The political time bomb for Biden inside the latest jobless numbers
Post by: Ptarmigan on September 06, 2021, 10:52:13 AM
The political time bomb for Biden inside the latest jobless numbers
https://justthenews.com/nation/economy/political-timebomb-biden-inside-latest-jobless-numbers

Quote
Wile the unemployment rate for Americans dropped in August, there is a political time bomb buried in the statistics for President Joe Biden and a Democratic Party increasingly focused on equity: black joblessness shot up significantly.

In other words, the president who fondly boasts of a domestic policy promising to leave nobody behind has an economic recovery that is leaving a key Democratic constituency in worse shape.

"The rise in black unemployment in August is certainly troubling, considering their unemployment rates were already much higher than any other group," Elise Gould, a senior economist at the Economic Policy Institute, said on Twitter.

Adding to the complications is the fact that before the pandemic, African-Americans enjoyed historic economic gains under President Trump, including record-low unemployment and falling poverty.

Steve Moore, an economist who advised Trump, said the trend lines for blacks under Biden were ominous, especially after all the COVID-19 relief that was distributed.

Unemployment rate for Blacks has gone up despite unemployment rate going down.
Title: Re: The political time bomb for Biden inside the latest jobless numbers
Post by: DLR Pyro on September 06, 2021, 10:54:01 AM
The political time bomb for Biden inside the latest jobless numbers
https://justthenews.com/nation/economy/political-timebomb-biden-inside-latest-jobless-numbers

Unemployment rate for Blacks has gone up despite unemployment rate going down.

Yeah, but at least no more mean tweets from the bad orange man, so...
Title: Re: The political time bomb for Biden inside the latest jobless numbers
Post by: Old n Grumpy on September 06, 2021, 04:04:28 PM
He could care less, he got to be king and won't make a second attempt. so poll numbers are meaningless. the left is destroying America on schedule, that's all that counts for them. :thatsright: