I saw this screenshot of a post from Dan Scavino, former Deputy Chief of Staff for Communications in the Trump White House, and former caddie for a party at the Trump National Golf Club Westchester (at that time, Briar Hall Country Club), and thought “those numbers don’t look right”.
Scavino Graphic. URL.
There is an asterisk below the numbers. So always look at the asterisk. “New jobs exclude jobs prev. lost to Covid”. Well, this is certainly an unnatural way to calculate job gains. I did it the way a normal people would, and here is my corrected version.
Scavino Graphic Corrected As edited by author. 30 month change in civilian employment, as reported by BLS (CPS), 30 month change in total manufacturing employment (CES) (August 2023 employment situation release). 30 year mortgage rate 30 months in relative to January 2021 (Fannie Mae via FRED).
Just to make more concrete the sheer mendacity of the calculation incorporated into the above graphic (admittedly, it might have been created by Kudlow’s staff), consider a time series of cumulative civilian employment growth.
Figure 1: Cumulative civilian employment growth from January 2021 (blue), and from January 2017 (red). Source: BLS (CPS) and author’s calculations.
Employment overall and for manufacturing definitely rose more in the first 30 months of Biden vs. first 30 of Trump. Interest rates 30 months in are higher than January 2021. I actually think they meant to compare 30 month in mortgage rates to inauguration month, not January 2021. In that case, 30 months in, the 30 year mortgage rate was down by 38 bps (although, even then, I can’t replicate the 2.65 percentage point reduction they cite).
I noted how Kudlow lied a while back. Back then Kudlow was citing the household survey for the Biden period because the payroll survey showed a larger increase as you know. Look – Kudlow has been lying about these matters for the past 25 years so why stop now.
The debating whether the suppression of jobs due to actions by governors artificially inflated gains in 2021 when those actions were rescinded or Biden’s leadership lead to massive job gains when the states took off the Draconian shutdowns will never be resolved because they are viewed through partisan lenses.
I suggest that one look at the states by loses and gains and then compare that to the artificial restrictions implemented and how quickly they were rescinded. The federal policies of the Biden Administration were only peripherally a factor. This was all about government getting out of the way. Data through October 2021 should be sufficient to see which states’ policies were the most economically onerous.
https://carsey.unh.edu/publication/COVID-19-Economic-Impact-By-State
Oh, and since the data during that period showed the greatest recovery in Accommodation and Food Services (no big surprise since eating out and travel were severely affected by the “do something” shutdowns), I guess that Joe Biden single-handedly made those jobs reappear when the jackboots came off the necks of business owners.
Suppression of jobs? Are you still taking bleach? It has rotted your already diseased brains. Dude – Kudlow is lying so little Brucie feels free to add to the disinformation.
pgl,
Just check the data. If the COVID restrictions (Newsom says everything they did was wrong) that kept people away from most everything did not suppress jobs, then nothing will. You are too anxious to try to be witty and only come off as belligerent.
The recession associated with the COVID-19 pandemic announced itself in spring 2020 with head-spinning job losses: 22 million lost jobs within two months, a shock that is hard to overstate.
But aside from a brief winter setback due to surging COVID-19 cases, the U.S. economy has, fortunately, gained jobs each month since this initial hemorrhage. Earlier this month, the Bureau of Labor Statistics (BLS) announced the economy added an expectations-beating 850,000 jobs in June, and wages also rose. This is unreservedly good news, but the economy is still down 7 million jobs, long-term unemployment is up, and many workers and families continue to struggle.
July 28, 2021
https://www.brookings.edu/articles/the-pandemic-hurt-low-wage-workers-the-most-and-so-far-the-recovery-has-helped-them-the-least/
“Newsom says everything they did was wrong”
No link Brucie? Given your dishonesty about everything – no one is going to believe anything you say.
July 28, 2021? Hey Brucie – how much has employment changed in the last two years? Or did not notice the date? Again.
Maybe Bruce did not notice that Brookings blamed the pandemic – not the necessary moves to limit the deaths from the pandemic. Then again – for the past three years, Brucie has been consistent about one thing. He does not care who died from COVID-19. As long as Brucie’s mom got little Brucie his meals, the hell with anyone else. That is our Brucie.
The pandemic hurt low-wage workers the most—and so far, the recovery has helped them the least
Nicole Bateman and Martha Ross, July 28, 2021
I have read this document which notes a lot of interesting things. But there is nothing in this document or Brucie’s other link that supports his little thesis. Nothing at all. Brucie is just making things up as usual. Now it could be he is lying as usual. But knowing Brucie – he has no clue what this paper says. Oh well – this is the kind of stooge that Kelly Anne Conway keeps on the payroll.
Did Brucie read the opening of his late 2021 link?
Every state is on the economic mend from 2020’s pandemic-induced collapse in employment, when the country lost over 22 million jobs between February and April. As of the September 2021 Bureau of Labor Statistics (BLS) monthly survey of payroll employment, the nation overall has recovered close to 80% of those jobs.
The fall in employment occurred between Feb. 2020 and April 2020 (Trump’s watch). BTW this was written, we had recovered 80% of the lost jobs (Biden’s watch). Yea once again Brucie’s own link undermines the Kelly Anne Conway spin Brucie was ordered to write.
Come on Brucie – trying reading your own links!
I recognize that once the jackboots were removed, businesses and people rushed in to fill the vacuum of lost jobs. Now, look at the detail in the link provided. Some states where fear reigned supreme had a harder time recovering.
Jackboots again? I guess little Brucie enjoyed the beat down that his 50 year old body building chick gave him. Brucie? I never realized you had the side to you. Go for it pervert.
“Now, look at the detail in the link provided. Some states where fear reigned supreme had a harder time recovering.”
I did look. Your link does not say what you are claiming at all. Poor little Brucie – he can’t be bothered to read his own links so he just makes up trash as he goes.
“Some states where fear reigned supreme had a harder time recovering.”
This is one of your patented lies that has zero support in either one of your links. Hey Bruce – lie all you want. It is what you do. But why presents links that provide no support for your intellectual garbage? We read them. We understand them. You don’t.
“the jackboots came off the necks of business owners.”
Now that is a really stupid comment but we suspect where this came from. Brucie has been holed up in his momma’s basement for over 3 years so momma hired him an escort. Turns out that this escort was a 50 year old body builder chick who brought over her Domintrax gear and made Brucie submit.
Lord, Brucey can be entertaining sometimes. The lack of self-awareness here is practically Shakespearean:
“The debating…will never be resolved because they are viewed through partisan lenses.”
vs
“do something shutdown”s and “jackboots”.
The guy is hilarious.
Yea but that 50 year old Dominatrix with the jackboots gave Brucie the best evening of his life!
Dr. Chinn calls out Brucie in a new post. Of course little Brucie is too scared to comment. Yea he has outsourced this to Econned and Manfred. What a sad little crew.
“I suggest that one look at the states by loses and gains and then compare that to the artificial restrictions implemented and how quickly they were rescinded.”
You suggest eh? You link made no such claim on this. It seem little Brucie boy just made this up too. Your link did say this:
‘The patterns seen in Map 2 are not, of course, solely due to the recession and recovery. Each state had pre-existing employment trends. To fully assess the impact of the recession and recovery those trends have to be accounted for. After all, Texas, which ranked 8th in job growth in 2019, is not just missing the jobs it lost from February to April of 2020 but also the jobs that would have been otherwise gained.’
A sensible statement of course – one that Brucie boy is not allowed to make thanks to strict orders from Kelly Anne Conway. And Texas was one of those states that listened to a who gives a damn deaths advice from little Brucie. And this is saying just the opposite of the lies Brucie is spinning for Kelly Anne. But nice try little Brucie. Now look outside – Amazon just delivered your weekly bleach supply.
Brucie wants me to check the data. From his own link:
Chart 1 shows that the pace of recovery has changed a great deal over time, but these changes have not been consistent among states. Map 4 and the sortable table in Addendum 2 show that so far in 2021 Hawaii, Minnesota, Nevada, Washington, Rhode Island, Massachusetts and Oregon have seen the strongest job growth relative to their February 2020 employment levels. The slowest growing states by this measure have been Louisiana, Wyoming, Alaska, Arkansas, and Mississippi.
The slowest growing states were the ones ran by conservative Republicans. The strongest growing states were blue states. This is the opposite of what Brucie is spinning. Yea – Brucie lies about his own links!
I was wondering where Brucie got this jackboots nonsense. It is not in either of his articles he linked to. But wait!
https://twitter.com/bearzus/status/1602382013494722560
After successfully banning President Trump, the millennial jackboots at Twitter next decided to go after those posting COVID-19 facts, masquerading in their minds as “misinformation.”
Oh my! Check out this clown’s Twitter. He is a certified nutcase. Brucie’s hero.
“The debating whether the suppression of jobs due to actions by governors artificially inflated gains in 2021 when those actions were rescinded or Biden’s leadership lead to massive job gains when the states took off the Draconian shutdowns will never be resolved because they are viewed through partisan lenses.”
if the trump administration had taken the coronavirus seriously, perhaps some of those shutdowns could have been less severe. at any rate, bruce hall seems to believe it would have been better if the virus had ravaged and killed a larger number of people than we had occur. just so some folks could meet for breakfast at Wendy’s each morning and b!t@h about the democrats. as I recall, bruce hid out throughout the pandemic. lockdowns were fine for him, because he would have been one of the ones dead had he caught the virus early. hypocrite.
“I can’t replicate the 2.65 percentage point reduction they cite”
Could this be the Freddie Mac 30-year rate for Jan. 7, 2021? If not, ask JohnH as he is the expert at distorting interest rate figures!
Princeton Steve disinformation alert. Stevie has been denying the possibility that ex ante real interest rates in Russia could be 5% or so. His evidence? Some vague reference to something by David H. Papell and Ruxandra Prodan. Not that he could tell us what their paper was and how it applies to the current Russian economy. But here it is:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4083466
Policy Rules and Forward Guidance Following the COVID-19 Recession
The Federal Open Market Committee raised the target range for the federal funds rate to between 5.25 and 5.5 percent in its July 2023 meeting. This followed rate increases totaling 5.0 percentage points between March 2022 and June 2023 preceded by two years at the Effective Lower Bound. The Committee’s actions follow the August 2020 revised Statement on Longer-Run Goals and Monetary Policy Strategy, the September 2020 Statement specifying forward guidance for when to first raise the federal funds rate, and the schedule for asset purchases in December 2020. We first show how to modify the rules in the Fed’s Monetary Policy Report to be consistent with the revised statement. We then show how the pattern of falling behind the curve, pivot, and getting back on track in Fed policy during 2021 and 2022 could have been avoided by following inertial policy rules. Finally, we show that current and projected Fed policy for 2023 – 2025 is in accord with the prescriptions from inertial policy rules.
Now you may be wondering why this paper has anything to do with the current Russian economy. To be honest – I have no idea and I seriously doubt little Stevie does either. But maybe it has something to do with his “suppression” hypothesis.
Off topic, but on my favorite topic, new evidence of AMOC slowing:
https://www.iflscience.com/the-gulf-stream-is-weaker-now-than-it-has-been-for-over-a-millennium-70830
Looks like the flow of tropical water to the North Atlantic is the slowest in 1,600 years, with good reason – huma-caused climate change being the readon – to think it will continue to slow. Northern Europe is habitable because of that flow. Sea level around the Southeastern U.S. is lower because of that flow.
I kinda wonder whether extremely high water temperatures in the Gulf and the Atlantic off the Southeastern states isn’t partly because warm water is moving out more slowly. High water temperatures are fueling tropical storms and hurricanes.
The AMOC moves low-CO2 water from the deep to the surface, where it absorbs lots of atmospheric CO2, and moves nutrients from the deep to near the surface, feeding plants and critters in the region of the ocean from which we draw food. So this slowing business is bad. Tipping point bad.
And to those idiots who are saying – well but if it happened 12,000 years ago it can’t be that bad for it happening again today – let us remind them that back then we had a few million humans not 8 billion. They could pretty much just collect their food wherever they were and move wherever whenever. We also didn’t have hundreds of trillions of human structures that couldn’t just be moved further inland when water began rising. It is a very big deal and this is not the new normal – its the beginning.
Ben Cardin is once again chairing the Senate Foreign Relations Committee. Same reason as last time.
Wonder if he’ll change his mind about retirement, what with the promotion likely to be permanent this time. Seems unlikely prosecutors would take aim at Menendez a second time unless they have him dead to rights.
Menendez needs to resign. Even the NJ Democratic governor thinks so.
Faux Business on September 5, 2023 ran this parade of Kudlow lies:
https://www.foxbusiness.com/media/larry-kudlow-trump-only-candidate-either-party-clear-second-term-economic-agenda
Have fun with it but keeping to the point about employment, Kudlow claims:
‘During the first 30 months of their respective presidencies, Mr. Trump generated 2.8 million more net new jobs than Mr. Biden, when properly adjusting for COVID returnees.’
So let’s see – Kudlow nets out all those jobs lost when Trump utterly botched the COVID-19 situation. Properly?
Gotta give it to him – his ability to spin the numbers puts our trolls JohnH and Princeton Steve to shame.
After I read what Kudlow the Klown said about Biden’s claim of deficit reduction, I had to check with FRED:
https://fred.stlouisfed.org/series/FYFSD
Now it may be true that the 2022 deficit is higher than the 2019 deficit. And of course Kudlow wants his moronic audience to forget about that 2020 deficit that exceeded $3 trillion. Or maybe Republicans can blame that on Jimmy Carter!
The outrageous part is where Obama had brought the deficit down and then as soon as Trump takes over he explode it with unfunded tax cuts even thought the economy was not in need of stimulus. Even more outrageous is the complete lack of protest back then from the same people who as soon as Biden took over began screaming about armageddon because Biden had the remainder of the Covid hangover to deal with.
Clinton balanced the budget and what did Bush43 do?
More from Kudlow the Klown – this time his “take” on the UAW strike:
‘It’s really a strike against Biden inflation and against Biden’s war on fossil fuels, including Biden’s pro-China mandates for electric vehicles. Meanwhile, the UAW leadership along with the whole Democratic Party is completely freaked out that Donald Trump is going to meet with thousands of rank and file union workers next week in Michigan to talk to them about retiring Joe Biden and his “Bidenomic” policies, which I think is a very cool thing for Trump to do.’
I bet Kelly Anne Alternative facts wrote that portion of the show. And oh yea – Kudlow followed this trash almost having an orgasm about Senator Fetterman’s hot legs.
It’s a shame that the Republican Party did not have Kudlow back in 1940. Kudlow’s ‘net new jobs’ spin about the Biden “recession” could be used to say we had a recession during FDR’s first two terms. After all real GDP in 1940 was actually lower than real GDP in 1929 under those pro-growth Harding-Coolidge-Hoover years!
https://fred.stlouisfed.org/series/GDPA
Another look at job growth. From 2017 until the pandemic about 6 million jobs were added. Since then another 2.7 million have been added.
https://fred.stlouisfed.org/series/CE16OV
But that’s not the problem: “What matters to working people is not the monthly or yearly price change taken alone. What matters is the effect on purchasing power and living standards over time. Whether these are rising or falling depends on the relationship of prices to wages. When wage growth exceeds price increases, times are generally good. When it does not, they are not.
It is here that Biden has a problem. During his presidency, living standards have not risen. From early 2021 to mid-2023, prices have increased more than wages, implying that real (inflation-adjusted) hourly wages and real weekly earnings have fallen, on average. Not by much, but they have fallen. Worse, the average figure probably masks a larger fall, in real terms, for families that started out below the average. And given how income distributions work, there are always many more families earning less than the average than there are who earn more…
American households used to be able to offset stagnant real earnings by adding workers and jobs per household. Although those extra jobs usually were not very good, the process of extending work to women and young people helped families maintain their living standards despite the vast decline in high-wage manufacturing jobs. That was true, to a large degree, in the late 1980s and in the 1990s when many women, young people, and minorities entered the workforce.
American households used to be able to offset stagnant real earnings by adding workers and jobs per household. Although those extra jobs usually were not very good, the process of extending work to women and young people helped families maintain their living standards despite the vast decline in high-wage manufacturing jobs. That was true, to a large degree, in the late 1980s and in the 1990s when many women, young people, and minorities entered the workforce..
No wonder Biden’s economic approval rating is so low. It will likely remain there until American voters start to see better results in their own pockets. Most people are not moved by pundits babbling about how great things are. Krugman and cable news are not going to change people’s perceptions, especially if they suspect, rightly, that many much richer Americans are doing much better than they are.”
https://www.project-syndicate.org/commentary/biden-economy-low-unemployment-inflation-falling-but-real-wages-lag-by-james-k-galbraith-2023-09
Instead of simply trying to spin their way out of Americans dissatisfaction with the economy, Democrats should actually try doing some work to address the problem.
“From 2017 until the pandemic about 6 million jobs were added. Since then another 2.7 million have been added.”
It seems little Jonny boy has decided to become a Kudlow research assistant. Dude you just endorsed the dishonesty that this post condemned. Come on Jonny boy – we knew you were stupid but damn!
Johnny, Johnny, Johnny, at it again. I’m beginning to think you’d burst into flame f you ever wrote anything honest.
“Presidents get a lot of the blame and take a lot of the credit for the stock market performance while in office. However, the president’s ability to impact the economy and markets is generally indirect and marginal.”
https://www.investopedia.com/presidents-and-their-impact-on-the-stock-market-4587369
There is a fairly strong pattern in the post-WWII period of employment and output rising faster under Democratic presidents, but the samp!e size is small enough that we should be cautious about drawing conclusions. And it is clear that presidential leadership is important during times of crisis. We have been through a period of crisis, and Democrats took extraordinary measures to keep households from falling into poverty during that crisis. Covid was not a Trump policy choice, but he did turn Covid into the highly divisive political issue that it remains today. Johnny, you may relish partisan divisiveness, but it’s bad for the country.
It is mostly partisans – like Kudlow and Johnny – and lightweights – Johnny scores twice – give presidents more credit and blame than is due for economic performance. Things like Covid, Fed policy, Russia’s invasion of Ukraine, Russia’s shutdown of food exports from Ukraine and OPEC petroleum export policies have large effects, outsidethe control of U.S. politicians, no matter how hard Johnny pretends otherwise.
Now, one of Johnny’s favorite tricks is to write something like “You’re calling Galbraith a lightweight!” Galbraith is warning about politics. Nowhere in this text does he blame Biden or Democrats, though he may elsewhere – not my problem.
Who does blame Democrats? Johnny does, and he does it by lying, implying that Democrats aren’t trying to make things better:
“Instead of simply trying to spin their way out of Americans dissatisfaction with the economy, Democrats should actually try doing some work to address the problem.”
In case you missed it, Johnny, Congress is divided. One of the greatest one-time drops in child poverty in U.S. history was due to an expansion of assistance to families with children in response to Covid. That expansion was passed when Democrats had majorities in both chambers of Congress. It expired when Republicans took control of the House and refused to extend it, leading to a sudden increase in childhood poverty.
You might also look into the prevailing wage requirements for participation in federal infrastructure programs passed by the 117th Congress – with Democratic majorities in both chambers.
Once again, the only possible explanations for what Johnny has written are ignorance or dishonesty. These are not mutually exclusive explanations.
Did you note how little Jonny boy kept moving the goal posts?
First he dates the period of job gains under Biden starting in early 2000 (prepandemic and under Trump) which was Kudlow’s trick that Dr. Chinn point out. OK – Jonny boy placed his first goal posts on the 30 yard line.
But then “From early 2021 to mid-2023, prices have increased more than wages”
Why didn’t he start this from early 2020 too? Oh wait real wages rose a lot during the early stages of the pandemic. Yes boys and girls, not satisfied with the goal posts being on the 30 yard line, he moves them to the 45 yard line.
Look Kudlow has been lying for 25 years but he is no match for little Jonny boy!
Yeah, yeah, year…there are no Democratic partisan hacks like Krugman trying to gild the lily by crediting Biden with a Goldilocks economy that has been immensely beneficial to working Americans!!!!
Galbraith: “With another election coming up, it seems unwise to tell American workers that they have never had it so good. In fact, as a political matter, such arguments have never worked. Perhaps Krugman, who went to work for Reagan back in 1983, has forgotten the devastating question that his old boss posed during a 1980 debate against Carter: “Are you better off today than you were four years ago?”
I guess Tricky Ducky missed that part.
The other thing that Tricky Ducky always seems to miss is that while the economy of the Top 10% (GDP) may have performed well under Democrats, that has definitely not been the case for the economy of the average working American, whose real earnings have been stagnating for decades. But….shhh…sweep that under the rug…or, better yet, tell them, “Don’t worry, be happy…it’s a Goldilocks economy!”
Little Jonny gets caught with his panties around his ankles with all of those blatant distortions and how does little Jonny boy reply? Dude – you are the most dishonest disgusting troll. Own up for your lies just once in your worthless little life.
“Perhaps Krugman, who went to work for Reagan back in 1983”
Jonny boy keeps writing this but it seems Dr. Feldstein hired Krugman to work on his CEA in 1982 not 1983. But hey Jonny boy flip flops between early 2020 and early 2021 as his starting point to favor Trump’s spin. Consistency, accuracy, and honesty have never been things JohnH was familiar with.
The most dishonest political ad ever was Reagan’s 1984 Morning in America. It literally blamed the 1982 recession on Jimmy Carter. JohnH is doing his best to outdo the BS Reagan’s team spread back then. After all Jonny boy is a Trumpian troll who only pretends to be a progressive. Hey even Kudlow is claiming to be a progressive these days. But the UAW is not buying any of this.
“it’s a Goldilocks economy!”
In a blog post noting how Kudlow lies Jonny boy repeats the lie as if it were a fact. But wait – Jonny boy wants to go back to the early 1980s when Kudlow also worked for Reagan doing what Kudlow and Jonny boy do best – LYING. And of course this quote Jonny boy loves was coined by Kudlow in wait for it … 2008. Oh no – we did not have a recession under George W. Bush did we?
Jonny boy is so ignorant of economic history he routinely steps into the deep doodoo!
the devastating question that his old boss posed during a 1980 debate against Carter: “Are you better off today than you were four years ago?”
Devastating? Just once it might help if Jonny boy checked the data:
https://fred.stlouisfed.org/series/A939RX0Q048SBEA/
Real gross domestic product per capita
Yes it rose during Carter’s four years. Now pose the same question for Trump’s 4 years and the answer is no.
Once again – the facts contradict Jonny boy’s ignorant spin. Which is why Kudlow has hired Jonny boy as a research assistant.
https://jabberwocking.com/republicans-are-determined-to-protect-their-web-of-lies/
Republicans are determined to protect their web of lies
This is Kevin Drum warning out host that Jim Jordan may be about to subpoena this blog.
Let’s review what this post is about. On September 5, Kudlow claims Biden only created 2.8 million jobs. The former caddie for a party at the Trump National Golf Club Westchester repeats this dishonest claim.
Our host calls out this lie and notes how these clowns arrived at their number after he noted “those numbers don’t look right”. Their little trick? There is an asterisk below the numbers. So always look at the asterisk. “New jobs exclude jobs prev. lost to Covid”. Well, this is certainly an unnatural way to calculate job gains. I did it the way a normal people would, and here is my corrected version.
Our host notes employment actually rose by more than 11 million. So what does JohnH have to say about all of this?
“Another look at job growth. From 2017 until the pandemic about 6 million jobs were added. Since then another 2.7 million have been added.”
I used to say Kudlow the Klown was the most dishonest person ever. Nope – Jonny boy has adopted Kudlow’s tricks and more. JohnH – most dishonest troll ever.
pgl just hates facts from FRED… So, so, sad…
Galbraith: That is what millions of US voters will be asking themselves in 2024.
With another election coming up, it seems unwise to tell American workers that they have never had it so good. In fact, as a political matter, such arguments have never worked. Perhaps Krugman, who went to work for Reagan back in 1983, has forgotten the devastating question that his old boss posed during a 1980 debate against Carter: “Are you better off today than you were four years ago?”
Instead of focusing on the economic situation of millions of average American voters, Democratic partisan economists want to tell voters not to believe their lying eyes.
Facts from FRED? This from the moron who did not realize that any fall in real GDI was from a massive decline in real profits. Real compensation rose during this period. But Jonny boy kept telling us profits rose and compensation fell.
You should never talk about facts as you have no effing clue what they are.
“Are you better off today than you were four years ago?”
Just wow – real GDP per capita rose under Carter. The budget was balanced on Carter. But yea Reagan was a really liar – even better than little Jonny boy. Then again Krugman did work for the CEA hoping to undo the 1981/82 disaster Reagan created. Come on Jonny boy – we get you are stupid. But damn!
Let’s see. In 2024,asking that question and looking back to fall, 2020? Unless you were thrilled with the pandemic and its related problems, yes.
The then President is now dealing with multiple indictments. A cadre of right wing nitwits is bent on going full steam to continue shutting down the government, the “workers party” which Republicans now call themselves still despises workers. That same party’s nominees will have had to make the case for being pragmatic on reproductive rights after vowing never to abandon their sacred pro life forever principles while going all in on jailing physicians and prohibiting women from caring for their own bodies.
Oh, and with Trump and the congressional clown caucus making the case for their continued presence, we’ll certainly see.
Speaking of facts from FRED:
https://fred.stlouisfed.org/series/LES1252881600Q
Median usual weekly real earnings: Wage and salary workers
I know why you did not provide this link when you noted that real wages fell from early 2021 to now. Real wages rose a lot a year earlier.
And this is after you repeated the Kudlow trick claiming jobs under Biden rose by 2.8 million rather than the 11 million plus since Jan. 2021. Kudlow started his dating in early 2020 for this issue and so did you. Which was the whole effing point of Dr. Chinn’s post. So you lied like Kudlow by moving the goal posts to the 30 yard line.
But for real wages you moved the goal posts again to early 2021. Huh.
Look Jonny boy – everyone here knows you are a serial liar. And not a very good one either. But way to prove this point in spades.