ADP National Employment Report: Private Sector Employment Increased by 184,000 Jobs in March; Annual

Stop playing games.

The polls on the economy are what people think of the economy. Are you aware of what polling currently shows when it comes to how people think the economy is doing?

Stick to your lies and deceptions.

 

Correct and the dual threat of not having saved and massive inflation are seriously hurting a LOT of people. I saw a piece the other day that talked about how many people had actually followed the steps you list above - somewhere near 20%, if I recall correctly. Most had put their faith in Social Security - and it's in deep doo-doo as we speak.

Correction: wage growth has "beat" the growth of inflation, narrowly - However we've had 3 threes of sky-rocketing inflation comprise a 17% gain - and wages have grown nowhere near that pace.

 

You do know you can reduce the time frame of these charts to look closer at current situation, right? AND it doesn't apply to the retiree cohort we're talking about.

 

Maybe its time to stop pretending 3% is "massive". Social security is inflation adjusted, and if people didn't save enough while they worked, its on them, and noone else. Everyone used to have pensions, but not anymore. The "personal account / accountability" narrative killed out the pensions, and inserted 401Ks, and here we are, looking at 75 yr olds working at McDonald's, It is only getting worse, regardless of what the state of the economy is.

How it is in "deep doo-doo"?

Is the sky always falling for you?

 

3% ON TOP OF 15% for the previous three year IS MASSIVE.

SS adjusted a portion of the total inflation since Biden's inauguration, about 1/3 of it.

Seriously? "used to . . ." means what? They don't now. Ironically you lay out the answer to your question just before you asked. What people could have done or should have do are useless and irrelevant to today's situation. Social Securing is running out of reserves, Medicare as massive unfunded liabilities on the horizon. The situation years ago means squat.

 

You do realize 3% is considered up over 30% of where they want inflation to be right? You do realize it's well over 15% the previous years under Biden right?

 

Why do YOU think we are in an inflationary economy ?

 

The only thing the Worst President Ever Donnie Trump had going for him economically was to inherit the Obama/Biden economy.

 

And who tracks the jobs lost during the same period?

 

Ha ha ha!

 

Quick ! Someone let @sec know !
He’s terribly worried about unemployment.

3.9 % nationally and holding.

 

Anybody who lumps covid numbers into their argument and attributes it to trump can't be reasoned with.

I hope nobody bothers trying to engage you on this as they'll clearly get nowhere.

 

OK, why do YOU think we have an inflationary economy ?

 

Already answered in another post

 

This is hilarious. Talk about clueless in regards to economic data. How easily can someone be misled?

 

Great response with no data to reinforce your position!

 

Show me the data.

 

You beat me to it. Should we believe this lying administration or should we believe the final bill when we go to pay for our goods and services?

Don't worry you're not really broke.... There's invisible Biden dollars in your wallet.

 

Can anyone provide a strong solid number for how much are dollar bill is worth today versus the day that Biden took office?

No one can deny with a straight face that it's obviously worth a good deal less than it was then

 

Where to begin. It's like a mosquito at a nudist colony.

 

Still no data...

 

Most of my data comes from BLS or CBO - have a ball. Also figure out how s to present a chart that doesn't cover 50 years when you're taking about 5 years so the plots will actually be meaningful.

 

Please present your data.

 

Please list which of the above had a pandemic during their term. I don't see any dates - what time frame does this chart cover?



Something like this that shows Trump's job recovery - 12million before Biden took over

 

See above. Notice from early 2020 - the bottom of the recession Apr 2020 - to January 2021 when he turned over to Biden - 12 million jobs reclaimed - to the present just a bit over 5 million gained.