Started By
Message

President* Biden: Unemployment is down — and wages are up!

Posted on 1/25/22 at 4:46 pm
Posted by Seldom Seen
Member since Feb 2016
40152 posts
Posted on 1/25/22 at 4:46 pm
LINK
quote:

President Biden
@POTUS
22m
United States government official

Unemployment is down — and wages are up.

We’re getting America back to work.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 1/25/22 at 4:47 pm to
Ignore what you see!
Posted by Bearcat90
The Land
Member since Nov 2021
2955 posts
Posted on 1/25/22 at 4:48 pm to
3% pay raise YoY
12% real inflation

Science from El Patata

This post was edited on 1/25/22 at 4:49 pm
Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 1/25/22 at 4:51 pm to
Strangely I don’t feel better off.

It’s my fault though. I just need to accept the new “norm”.
Posted by the808bass
The Lou
Member since Oct 2012
111524 posts
Posted on 1/25/22 at 4:53 pm to
In December of 2007, workforce participation for the US was 66%.

By 2015, it was 62%.

It climbed steadily until February of 2020 at 63%.

It's the same now that it was in August of 2020 - 62%.
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105411 posts
Posted on 1/25/22 at 4:58 pm to
Of course you have to pay double for groceries and 30-40% in gas, so awesome about your 15.00 per hour
Posted by LRB1967
Tennessee
Member since Dec 2020
15609 posts
Posted on 1/25/22 at 4:59 pm to
Wages may be up but inflation is up higher so buying power is actually down. Let's go Brandon!
Posted by NPComb
Member since Jan 2019
27356 posts
Posted on 1/25/22 at 5:03 pm to
If the wages are up and the unemployment down, I still get mugged when I go downtown.

Wait, that’s not how this goes! That’s not how this goes at all.
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 1/25/22 at 5:05 pm to
The stock market disagrees
Posted by East Coast Band
Member since Nov 2010
62790 posts
Posted on 1/25/22 at 5:09 pm to
Wife just got a 4% raise.
So, we're only losing 5% or so.

4% raise - 9% inflation = 5% buying power lost.
Posted by bigwheel
Lake Charles
Member since Feb 2008
6491 posts
Posted on 1/25/22 at 5:16 pm to
He should just keep his mouth shut, as every time he opens it shite backfires
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51617 posts
Posted on 1/25/22 at 5:25 pm to
quote:

We’re getting America back to work.


How, exactly?
Posted by AUMIS01
Atlanta
Member since May 2020
1210 posts
Posted on 1/25/22 at 5:32 pm to
frick you Brandon. Real wages, depending on who you ask, are down anywhere between 3 and 10% because of your inflation. But our Pravda-esque 5th Column MSM will run cover for your lies, with a giant smile on their collective faces.
Posted by SlickRick55
Member since May 2016
1888 posts
Posted on 1/25/22 at 5:34 pm to
I would love for someone at the pressers to force him to expound on statements like this.
Posted by lsufan1971
Zachary
Member since Nov 2003
18259 posts
Posted on 1/25/22 at 5:37 pm to
Pack of chicken thighs $12
Gas $3.00 gallon
Ribeye $24.99 lb

I saved .16 on my forth of July BBQ.

This post was edited on 1/25/22 at 5:38 pm
Posted by Jax Teller
Member since Aug 2018
3913 posts
Posted on 1/25/22 at 5:42 pm to
quote:

President Biden
@POTUS
22m
United States government official

Unemployment is down — and wages are up.

We’re getting America back to work.


Wages may be up nominally, but they they aren't up past the rate of inflation. So if I have more dollars and those dollars now buy less goods, then it's not a raise.

I'm available if any of these retards need an Econ 101 session.
Problem is a large majority of the people that read that believe it, and the media won't call him out on it.
frick these people.

This post was edited on 1/25/22 at 5:44 pm
Posted by jbird7
Central FL
Member since Jul 2020
5241 posts
Posted on 1/25/22 at 5:43 pm to
No do how many people have left their jobs to live off the govt. The unemployment percentage doesn’t count people who are choosing to do this.
This post was edited on 1/25/22 at 5:46 pm
Posted by LSUSkip
Central, LA
Member since Jul 2012
17553 posts
Posted on 1/25/22 at 5:51 pm to
quote:

In December of 2007, workforce participation for the US was 66%.

By 2015, it was 62%.

It climbed steadily until February of 2020 at 63%.

It's the same now that it was in August of 2020 - 62%.





Does that account for people that are working multiole jobs?
Posted by oldskule
Down South
Member since Mar 2016
15476 posts
Posted on 1/25/22 at 6:26 pm to
And the people can't pay their power bill....the MOFU swiped $100B from the "so called" infrastruture scam to pay the bill for them!!!!

Notice how Sleepy refers to the bill as "bipartisan"....it is shameful how he uses unity as a smokescreen!

This post was edited on 1/25/22 at 6:29 pm
Posted by LSUvet72
Member since Sep 2013
11916 posts
Posted on 1/25/22 at 6:38 pm to
BS Branson

first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram