Wednesday, June 28, 2023

All Hail, Bidenomics

By Baxter

President Biden gave a Repub-ripping speech today on the state of the American economy. He had a lot to brag about. Here's a quick summary:

  • The Congressional Budget Office projected it would take until 2026 for unemployment to drop back below 4 percent. Instead, unemployment fell below that level in 2021— five years ahead of what was estimated — and it has stayed there for the longest period in more than 50 years.
  • The economy has added more than 13 million jobs since Biden-Harris took office. This includes nearly 800,000 manufacturing jobs, something most people thought was impossible.
  • Unemployment rates for African Americans, Hispanic Americans, and people with disabilities have reached record lows. 
  • Job satisfaction is at its highest level in 36 years, as employers are offering better pay, better benefits, and better schedules to attract and retain workers. 
  • Employers just added 339,000 jobs last month in a sign that the economy appears poised to keep growing.

Do you notice how Republicans aren't talking about the economy these days? That's because they know things are improving faster than they want — so they're talking impeachment, laptops, "two-tiered justice systems," pedos, groomers, CPAP machines, and CRT (or are they still talking about CRT?). Now, it's up to us Democrats to spread the word to Americans about the good things that Biden-Harris is accomplishing for them. We cats PURR.

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