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Biden Insists April’s Dismal Jobs Report Shows U.S. Economy is on the ‘Right Track’

Biden Insists April’s Dismal Jobs Report Shows U.S. Economy is on the ‘Right Track’

No, you cannot spin this garbage jobs report. Take the L and go home.

The April jobs report showed the U.S. added only 266,000 jobs during the month and the unemployment ticked up to 6.1%.

Economists are usually off the mark, but holy cow. They predicted 978,000 job growth and unemployment of 5.8%. I have never seen such a huge difference between prediction and numbers.

Miserable considering the U.S. started to see some growth at the end of former President Donald Trump’s term.

Biden Gloats

So, of course, President Joe Biden tried to spin the report as a positive for the economy:

“You might think we should be disappointed,” Biden said of the numbers, but claimed the “American Rescue Plan,” which passed in late March, “was designed to help us over the course of a year—not 60 days.”

“Today, there is more evidence our economy is moving in the right direction,” Biden said, while acknowledging, however, that “it is clear we have a long way to go.”

Biden, though, touted his administration, saying 1.5 million jobs have been created since he took office.

“This is progress. This is a testament to our new strategy,” Biden said. “We’ve got work to do, to state the obvious, we have work to do.”

He added: “Let’s keep our eye on the ball.”

Unemployment Benefits Hindering Growth

Then Speaker of the House Nancy Pelosi opened her big mouth, using the report to push everyone to pass the bloated American Jobs and Families Plan.

No. Just stop. The numbers should be ticking up because numerous states have started to open. Jobs are coming back.

No doubt people are still scared of COVID and some cannot find child care. But employers also pointed to the enhanced unemployment benefits:

Some employers and economists cite enhanced unemployment benefits as another factor. More than 16.1 million people received unemployment benefits the week ended April 17, the Labor Department said Thursday. That includes gig workers and the self-employed who are typically not eligible for such payments.

Under relief bills passed by Congress, those receiving jobless benefits get an additional $300 a week on top of regular state benefits, which average $318 a week, according to the Labor Department. That means the average unemployment recipient earns better than the equivalent of working full time at $15 an hour. Those enhanced benefits are available until September, for a maximum of nearly 18 months—about three times longer than most states typically allow.

The benefits also don’t encourage people to take any old job. People can be picky:

Lorne Zaman lost his jobs as a concert promoter in Los Angeles more than a year ago. He hasn’t worked since, supporting himself on savings, stimulus checks and unemployment benefits, which have been about $750 a week in recent months. The benefits cover his rent and other bills, he said, but don’t leave any extra money at the end of the month.

Mr. Zaman, 45, said he’s had no interest in taking available jobs at warehouses or restaurants, but he’s eager to return to the entertainment industry. His former employer told him the company is likely to start recalling workers within the next few months.

“I really enjoyed what I did,” he said. “If the government is going to pay you to stay home, you’re going to do that unless that job you really want comes along.”

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Comments

s/Dismissal/Dismal

the “American Rescue Plan,” which passed in late March, “was designed to help us over the course of a year—not 60 days.”

That would be fair enough if we hadn’t been coming off a Trump-induced recovery.

    Welcome to Recover Summer IX. Or is that Green Shoots VIII? Hard to keep track of the media spin these days.

      MattMusson in reply to Recovering Lutheran. | May 7, 2021 at 3:55 pm

      All Joe had to do was not screw things up. The Border was fine. Energy prices were low. The Economy was roaring back.

      All Joe had to do was not screw things up. But, that was beyond him.

        Never underestimate his ability…

        Gas is already over $3/gal here (Florida panhandle), up from a Trump low of $.99 /gal. My corner store (a Circle K) has gone from being open 24/7 for years to posting its brief opening times on the door because they can’t get anyone to work there for less than the state+feds are paying them to stay home.

        This is Trump country, and if there are signs of impending problems here . . . .

        This is completely anecdotal, of course, but this store was open 24/7 all last year and up until just a couple weeks ago when it started closing at 11 and reopening in the morning. The newer “floating posted hours” policy (a hand-written sign on the door saying the store will be open from, say, 7 a.m. to 7 p.om.) is in place because only the managers seem to be working, with exactly one clerk (she’s white), who told me she could never take the “Biden bribe” (her term, not mine). It’s bizarre to see this happening here, but as it is happening even here, it does not bode well for the rest of the country.

    p in reply to Milhouse. | May 7, 2021 at 3:41 pm

    Yet, when it was passed and signed into law it was proclaimed to be the miracle bill, the one that’s going to fix everything starting right then and there. Yes, there was much rejoicing over another round of stimulus checks whether you personally needed them or not, but states and localities are still trying to spend the money given to them from the 4 previous stimulus bills passed last year. Then there is the “infrastructure” stuff and associated tax increases coming down the pipeline.

    We’re already clearly starting to see that there’s no such thing as a free lunch. Go shopping anywhere. Although Janet Yellen’s honest comments on the subject the other day were walked back within hours because she learned saying stuff as Fed Chair is a lot different from saying stuff as Treasury Secretary.

    henrybowman in reply to Milhouse. | May 7, 2021 at 8:54 pm

    .

    “You might think we should be disappointed,” Biden said of the numbers, but claimed the “American Rescue Plan,” which passed in late March, “was designed to help us over the course of a year—not 60 days.”

    “I think I found the source of your unprofitability,” the CPA told the manager. “When you add up all the costs expended in obtaining your stock, and compare it to the prices you’re charging, we find that you’re selling every item for an average of 1.4¢ less than what it cost you.”

    “You idiot,” replied the manager, “you obviously know nothing about retail. We make it up in volume!”

Well, why not? The Joseph Goebbels media will cover for Biden* they way they did for Obama’s 8-year economic catastrophe.

Besides – thanks to mysterious 4AM vote dumps, seemingly eternal early voting, voting by mail and open borders it’s not like we can vote the Communists out of power. And even if we could, the GOP has proven they can’t do anything beyond delivering the Communists’ platform (albeit at a somewhat slower pace).

stolen elections have consequences…

    CapeBuffalo in reply to redc1c4. | May 8, 2021 at 1:26 am

    Yes, stolen elections have consequences and we are starting to see some of the 75 million Trump voters becoming overtly angry and active. Rebellions against K-12 Critical Race teaching and rejection of the arbitrary masking and distancing mandates, There is a growing cultural change occurring in the music and entertainment of the slightly older Millenials and even some Boomers, There is a rap revolution, with White rappers
    “speaking facts “ about woke and cancel culture, rebelling against the overt power grabs of the “system “. There are youngish comedians not afraid to take on the wokists and leftists . This is happening on You Tube and other social media sites. It is a growing undercurrent with a following of disillusioned younger people, White, Black, Hispanics and Asians.
    The political war is still in the old people’s court ( I’m 80), the cultural war is growing in the 30-40 group, and it is the cultural war we have to win, all of us.

Are you going to believe our smooth-brained Resident or your lying eyes?

    alaskabob in reply to Paddy M. | May 7, 2021 at 6:26 pm

    Alas, I wish he did have pachygyria but I bet there is plenty more empty space and really deep sulci and maybe knife-edge gyri. Where ever he goes he is never all there. Anyway, he doesn’t run the place .

franciscodanconia | May 7, 2021 at 3:45 pm

More propaganda from Versailles on the Potomac. I can see America’s cities burning later this year, from where I sit…

In other words, the Cloward-Piven Strategy is right on track.

FORWARD!!!

Lucifer Morningstar | May 7, 2021 at 4:16 pm

I know this isn’t probably the correct place to put this but is anyone else having problems getting to Parler? All I get on some web browsers is a nginx “404 Not Found” page and on other web browsers I get some page claiming back end maintenance and they’ll be back in a few hours. And that was at least a day ago. Has parler been cancelled again or what is going on with it again.

Of course it’s right on track…

To be destroyed, as was always the plan Xi

Zero suprises. Sloe Joe has been wrong about nearly everything for over 40 years. Yet him and the Bimbo in Waiting recieved more votes in history, campaigning from his basement!?!

Whenever the arbitrarily imposed restrictions in the name of ChiCom Flu are lifted, the pent up demand will allow the economy to roar back and surprise no one, except the Dems/Progs, who are delusional.

    alaskabob in reply to Romey. | May 7, 2021 at 6:28 pm

    No one shows up at his events except a fawning press. Zero enthusiasm.

    randian in reply to Romey. | May 8, 2021 at 6:11 am

    I don’t think they’ll ever lift them. They signaled that by recently extending the Federal covid order until mid-September, rather than waiting to see the data for the remaining couple of months of the current order. That says the covid order is no longer about covid, if it ever was. I’m certain it will be extended, early or not, because mid-September is coincidentally timed to coincide with the beginning of the fall spike natural to many coronaviruses.

    Since the Federal extension basically killed this summer’s tourist season (who the heck wants to wear a mask for 6 hours both out and back, plus maybe 10-12 hours a day for places like Disney) I wonder if the airlines and aircraft leasing companies can survive it. They are bizarrely gung ho for medical passports even though their customers hate them.

    Not coincidentally, pretty much every national and regional chain (grocery, restaurant, big box, you name the industry) in Florida piously announced they won’t be following DeSantis canceling of local covid orders. They will continue to require masks and social distancing of all patrons indefinitely, for our own good. Most said that means “as long as the CDC guidelines exist”. For me here in southeast Florida I see no businesses at all, large or small, that have removed their mask signs even though they are no longer required by law.

Another Voice | May 7, 2021 at 7:20 pm

Obama 2.0 but with soaring inflation and a debt load your Great-grand kids will be working to pay off to either China or USSA

Should wr start calling him Baghdad Biden?

We know he’s just a sock puppet. Sisan Rice and Anita Dunn are running our government.

The ‘Ho won’t be running anything either, when she gets in.

So all will be well if we repeatedly achieve only 25% of the projected job growth. And, I suppose, economic growth.

The real purpose of the high expectations and optimistic predictions is to motivate everyone to work hard to maximize results.

The next step is to ignore the data. Claim the data is flawed and that the projections were actually met. The Soviet Union operated this way. All five year plans were a great success. The factories always met or exceeded their production goals. Right up until the economy completely imploded.

    henrybowman in reply to JHogan. | May 7, 2021 at 9:29 pm

    So then, we adopt the traditional strategy?
    *resident Biden pretends to lead us, and we pretend to listen to him?

      randian in reply to henrybowman. | May 8, 2021 at 6:16 am

      He may pretend to lead us, but unless we’re storming the Bastille we are hardly pretending to listen to him. We’re doing everything we’re being ordered to do. Nobody is going to take one for the team when there’s no team.

As they say down South,

bless his heart!

In railroad terms it’s called a “siding’….and you are going nowhere.

Yes, and up is down. Enough with this treasonous POS.

May he kiss Kamala Harris without a mask and get an STD .

Bucky Barkingham | May 8, 2021 at 7:41 am

The right track for Socialists means having as many proles citizens as possible dependent on the state for a living.

Remember Ashli Babbitt!

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