In the history of mankind, many republics have risen, have flourished for a less or greater time, and then have fallen because their citizens lost the power of governing themselves and thereby of governing their state. TR


There goes Biden’s one good thing: Job losses on the way

Looks like the one party President Biden has been able to have is about to get raided and shut down.

The only bright spot in the economy is jobs. And those are going away.

According to the Washington Free Beacon:

Nearly a million-and-a-half Americans could lose their jobs next year, according to a new report from the Federal Reserve, a negative turn that would put an end to President Joe Biden’s favorite economic talking point.

Higher interest rates and other economic conditions spell grim news for the U.S. labor market, a panel of Federal Reserve economists concluded in a report released Wednesday. Just under 6 million Americans are now without work, but that number could reach as high as nearly 7.4 million by 2023, according to the report.

Biden often points to a low unemployment rate as evidence that his policies have fueled a strong economic recovery, even as skyrocketing inflation forces Americans to dip into their savings to pay for basic goods and services. He boasted on Tuesday at one of the nation’s largest labor union events that “unemployment is near historic lows.”

5 thoughts on “There goes Biden’s one good thing: Job losses on the way”

    1. I thought she had a Ph.d. According to this she does not. Some refer to her as Dr. Jill

      Jill Biden does not have Ph.D., which is a research degree requiring about 11 years of college. She has an Ed.D., which is a teaching degree requiring several years less. There are no foreign language requirements (two or three in a Ph.D. program), no dissertation (at least two years of hard work), and no substantial series of doctoral level examinations. It is a much less difficult degree.

  1. Would the job loss be greater if he lifted Trump’s tariffs on China. People would buy Chineses for one thing. I am finding it is getting harder and harder to buy things made in the USA. I try not to buy Chinese but sometimes that is all that is available.

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