Joe Biden is again taking bows for results for which he has no impact. He is bragging to America about the 12 million jobs he has created in his first two years. More jobs than any other President in four years. He doesn’t point out that 10 million of those jobs are the people who lost their jobs due to the Pandemic are returning to work. He points to the unemployment rate down to 3.5% but doesn’t talk about the 750,000 people who have dropped out of the workforce. Put those people back into the calculation and watch that unemployment number balloon.
Inflation is outpacing pay increases, so the breathing room that the President always points to is more of a gasp for air. Food and energy costs are eating up people’s paychecks. Withdrawals from savings accounts and hardship draw from 401K accounts are at a record high.
Retail and energy sectors are announcing huge numbers of planned layoffs as revenues are not meeting expectations, and the IT industry is bracing for a recession.
He was gloating over the low unemployment rates for Blacks and Hispanics. But, again, this does not factor in those who have dropped out of the workplace. Nor does he address the impact of minority employment when these millions of illegal aliens stop sucking on the government’s breast and need to hit the workforce. It is easy to make the picture attractive when you only tell half the story. There is no energy shortage in this White House, as the gaslights burn 24/7. There has always been a question of credibility with our government, but the Biden Administration has resolved that question. If anyone’s lips move in the White House, they lie.
It really is disheartening that we are now cynical of every data point the government supplies us. We have heard about impending mass layoffs for weeks, and then the January job numbers are announced, blowing away expectations. According to the Department of Labor, 517,000 jobs were added in January. These numbers are often modified after being published, and is this another form of gaslighting? Announce positive numbers, and then when nobody is waiting for data, the actual results are published.
What I found more offensive than Biden taking false credit for the positive job numbers and his perception of the economy is his disparaging the state of the economy he inherited in 2021. First, he is formulating a false narrative about the state of the economy he inherited from Trump, and he only tells part of the story. In January 2021, we were still in the grips of the Covid Pandemic. The economy was growing, with January being the first positive growth in four months, and inflation was at a menial 2.2%. He continues, as does his Press Secretary, KJP, to work to convince America that Trump handed Biden an economy in shambles. It is not valid, and other than the unemployment number due to the Pandemic, we were in a good place and on the road to recovery. Our economy didn’t tank until Joe Biden declared war on the petroleum industry and gave us nearly 10% inflation and $5.00 gasoline.
The misinformation from this administration far exceeds any fake Russian misinformation that our media could ever conjure. Biden and his team will vacate the White House at some point, but the damage they are causing will last for years. That will be the Legacy of Scranton Joe. That will be how we remember AmtraK Joe. Hopefully, we can forget Joe Biden. He has.