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President selectors, pages, etc.
Biden hails ‘America’s comeback’ as 303,000 new jobs in March beat forecast
By Curt_Anderson
April 5, 2024 8:17 am
Category: President

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The old guy still got game!

Unemployment rate at 3.8% while job gains well above the 192,000 economists expected for the month

The US workforce added 303,000 jobs last month, far more than expected and the 39th straight month of job gains in the US. The unemployment rate dipped to 3.8%.

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Comments on "Biden hails ‘America’s comeback’ as 303,000 new jobs in March beat forecast":

  1. by HatetheSwamp on April 5, 2024 12:31 pm

    Here's why, significantly, voters don't approve of Joe's handling of the economy:

    Food inflation is so bad that a $100 grocery list in 2019 costs $137 today

    nypost.com


  2. by oldedude on April 5, 2024 1:04 pm

    Already in the works, 2023 could be another difficult year for the auto industry
    2022 was challenging for the world’s major automakers, as supply chain disruptions made it hard to produce enough vehicles to meet demand.
    The disruptions are now easing and dealers should have more cars to sell.
    But with recessionary fears lurking will consumers buy without profit-eroding discounts?

    Overall, our analysis suggests that 69 million jobs will be created and 83 million jobs destroyed, leading to a contraction of global labour markets of 14 million jobs in the next five years at the present rate of change, though this figure is subject to a high degree of uncertainty as it is not holistic.


    cnbc.com
    weforum.org


  3. by oldedude on April 5, 2024 1:16 pm
    Also, pedojoe sold a lot of our reserves in the Northeast. Granted, this is heating oil, but the cost is going up, so it doesn't pay to sell at this point (well, if you don't have dementia). And then oil went up. So joe isn't buying oil to replace that oil. So yet again, the Russians, Chinese, and Iranians have us by the nuts if there are any slips of the global oil needs. Like Ukraine needing more, or Germany (which is sending troops into Ukraine). Or if Iran's Houthi's start blowing up tankers in the Persian Gulf. Or maybe Taiwan will have an earthquake.


  4. by HatetheSwamp on April 5, 2024 1:51 pm

    Crude oil prices have nearly doubled since the "dithering and diminished" Doddering Old Fool placed his hand on the Bible.
    "That feckless dementia-ridden piece of crap" is, for all intents and purposes, financing the Russian army's war against Ukraine.


  5. by oldedude on April 5, 2024 3:40 pm
    And China's upcoming war with Taiwan (et. al.)

    I've been watching the Ozzie navy and what they've been up to (we don't get a bunch of info here on it unless you're specific). They've been pretty busy in the region "playing chicken." So they're sharping their skills.

    That's allowed us to go play with Yeman/Iran in the gulf and straights in that low intensity thing. (We've pulled our group out of the Pacific and into the Med/Persian Gulf) So we're both playing against the same weaponry (mostly) which is good.

    The question is about the west on a two front naval war.


  6. by Ponderer on April 6, 2024 9:14 am

    Curt, I am afraid that these MAGA Hats will never acknowledge the incredible gains made by the Biden administration until Trump wins in November and he starts taking credit for it all.

    Then it will be, "WOW! Look how much better things instantly got all of a sudden, just because Trump was elected!".



  7. by HatetheSwamp on April 6, 2024 9:26 am

    po, pb has been acknowledging that the economy, under the "dithering and diminished" Doddering Old Fool, is in good shape. He's confounded by the fact that voters rate his performance in guiding the economy so disastrously low. But, the fact that he's waaaaaaaaaay under water is indisputable.

    -18. See link.

    pb's theory is that voters are reminded every time they buy groceries and pump gas that they, personally, have lost ground since the Former Trucker placed his hand on the Bible.

    I'll leave what MAGAs think to your incredible insight.


    realclearpolling.com


  8. by Curt_Anderson on April 6, 2024 9:33 am
    Ponderer,
    They are not waiting. I saw a clip of Donald Trump, giving himself credit for the economy based on the notion that people expect him to be elected president in November.

    Maria Bartoromo of FOX News propose the same theory:

    Fox host vexed by Biden’s good job numbers finds a solution – give the credit to Trump
    “I just wonder if maybe the market is pricing in a little bit, and employers too, the idea that maybe we’re gonna get a new president in November,” she speculated.

    The other route Republicans can take is to dismiss the good economy is to bring up year old economic forecasts from the World Economic Forum.


    independent.co.uk


  9. by oldedude on April 6, 2024 9:39 am
    Most of the "gains" he has had have been ripped apart by SCOTUS as illegal to do. His (what was it? "green/ infracture bill") was about 10.5% infrastructure. EV's? putting car companies in the red, and dropping the prices to sell them (making them finanically irresponsible for the companies to make. The rental cars using EV's. EPIC FAIL. The rental companies had to dump them at dimes on the dollar, making them the stupidest things in word to have in their inventory.

    He got us in to an endless war and doesn't have a plan. Why did putin do it? Because he can. It's really that simple.

    He's a pawn to the CCP because he still owes them for the diamond they gave to pedojr.

    He dumped oil a couple of years when China and Russia needed it to help pedojr make a couple dimes. He stopped virtually all of the domestic oil in the US to appease Russia, Venezuela, et.al, and tried to suck the arse of the Saudis and they let him suck it and thew his nasty mouth and dirty diaper out of the country because of his "presidential manner" when dealing with them.


  10. by HatetheSwamp on April 6, 2024 9:48 am

    Curt and po,

    It must infuriate you that, based on statistics, voters hate what "that feckless dementia-ridden piece of crap" had done to the economy.

    On one level, they see that he's frail and hear his mumblings and stammerings and figure that he's incapable of accomplishing anything worthwhile. On t'other, I'm sure that po's metaphorical Rachel and Curt's Holy Trinity reported the Flatulent Fool and Janet Yellen assuring the nation that Bidenflation would be "transitory." However, it's pesky.

    Moderate and independent low-information voters are well informed enuff to know that, under this administration, stuff is more expensive.


  11. by Curt_Anderson on April 6, 2024 10:11 am
    The truth shall set them free. Eventually, if it hasn't happened already, voters will realize reality and give Biden credit for a good economy. It might take a few millions dollars in campaign ads to do it, fortunately Biden is raking in the political donations at a record pace.

    Watch Fox News Panic On Air Over the Great Jobs Report
    The hosts rushed to spin the news as negative for Joe Biden. Video at Twitter link.

    To top it all off, the panel even found a way to credit Donald Trump in a roundabout way, wondering “if maybe the market is pricing in a little bit, and employers too, the idea that maybe we’re going to get a new president in November,” Steve Moore, a former Trump economic adviser said.
    twitter.com
    newrepublic.com


  12. by HatetheSwamp on April 6, 2024 10:47 am

    Curt,

    After the two of us batted around economic issues the last time, I began to suspect that you never took Macroeconomics 101, AND, that you don't know a d@ng thing about it.

    What Bartiromo wonders if the news is too good for, as po'd say, EFFIN "rate cuts."

    With the size of the deficit "that feckless dementia-ridden piece of crap" has engendered, the economy is constantly at risk of being overheated.

    According to conventional thinking, employment is too high... as odd as it seems. The result is inflation which the Fed has been attempting to stifle by keeping interest rates high... which is bad for people wanting to purchase a house or a car.

    The question is if the economy is producing this much activity... too much money chasing too few products and services... how will inflation be overcome?

    So, yeah, buddy, lots of people have jobs. But, if inflation is the reason people think Joe effed-up the economy, this probably ain't the best news for the string-pullers.


  13. by oldedude on April 6, 2024 3:55 pm
    There's also in "all these billions of jobs" they don't pay as well as full- time jobs, given the lack of benefits. For some (like us) a part time job is extra money to make ends meet from a fixed income (retirement). The other end of part time are entry level for students, etc. Also, there are parents that only desire part time.

    There are many though in this time, that are considered "under employed." Those working two part time jobs (therefore don't have benefits, and are still working 40/hrs/ week). Pedojoe isn't including these, which (for the first time I can ever remember, trumpster did).

    So, if a job doesn't pay well and income is only going up part of what the inflation is, then people are losing income. This is where they see the biggest part of their income being lost. Getting food on the table, and gas in the car.

    The truth shall set them free. Eventually, if it hasn't happened already, voters will realize reality and give Biden credit for a good economy.
    I fear for some reason, you're the only person that hasn't seen any stressors on your income.
    How are parts and maintenance for your slums? Is it more?

    We really try to attempt to eat more healthy. That includes organics, etc. Those have almost doubled in the past year and a half. If you can get them. I know that's a "luxury" to have "organics" and we also have year-round gardens, and I'm raising medicinal herbs (and not weed, it's not medicinal). We end up freeze-drying most of the herbs so we can rotate crops throughout the years.


  14. by Curt_Anderson on April 6, 2024 5:46 pm
    "We really try to attempt to eat more healthy. That includes organics, etc. Those have almost doubled in the past year and a half." --OD

    Save your money. There is no evidence that organic food is any more nutritious or healthier. For most people, if they want to eat healthier, they should eat less. Watch the news: is a regular occurrence that organic foods are recalled because of e. coli, listeria, etc. Not to say conventional foods aren't recalled frequently too.

    We have a garden too and fruit trees. You cannot go wrong with that unless water is expensive.


  15. by oldedude on April 6, 2024 7:31 pm
    We have well water. That is a great part of having actual acreage. Whole house filtration system. Solar.

    It depends on which country you get "organics" from. So I'm going to differ with you about this.

    The issue with non-organic is that pesticides in (especially) the root vegetables is extremely high. Pesticides react in the body like sarin gas. And it takes a lot to get out because it induces into the meat of the veggie. And different than the biologes, you can't cook it out.

    If you remember, my brush with sarin is what is destroying and killing my body.

    All of the non-skinned fruit/vegetables where there is no insecticide used (everything on our property) gets a 5 min soak in Peroxide, which is nothing but water with an extra Oxygen molecule to it. That just means it burns off easily in the rinse. And it attaches and destroys the cells of the live biologicals on the skin. The same as it does on a cut on your skin.

    Our fruits and veggies are organic. The "soil" we use (because FL doesn't have "natural" "dirt" is compost my son-in-law makes. If it's infused with chicken poop, it's rested for about a year. This keeps the nitrogen from getting into the underground river water we have here. That's a huge issue because the N2 goes right through the sand and produces fresh water weeds, and kills the grass the manatees eat. It's a very stable molecule, so we sift it through binders in the compost to spread throughout the mulch that it will adhere to and decompose.


  16. by Curt_Anderson on April 6, 2024 7:58 pm
    OD,
    Well, it certainly sounds like you’re on top of it. What you describe sounds great. Since you had exposure to Sarin, and suffered health consequences, I certainly will not argue with any steps you might take to preserve the health you have left.

    I didn’t know about Florida not having “natural dirt”. I suppose you have a lot of sand down there.

    Anyway, good health to you no matter where you find it.


  17. by oldedude on April 7, 2024 1:01 pm
    it's interesting. We're on a limestone "mountain" "ridge" that is covered with shell "soil." (different than sand) Lots of our water is sulfured. So 1. it stinks and tastes like sulfur. 2. it's really good for you if you can stand it. I'm not one of those.

    And to you also!


  18. by Curt_Anderson on April 7, 2024 1:44 pm
    One more thing about grocery prices...

    For the last few years the local grocery stores have been pushing their aps. I don't have the patience for it, but fortunately my wife takes the time to pull out her smart phone before shopping, check the sale prices and specials and download the coupons then she goes into the store and scans the QR codes. Supposedly in the last year we saved $1200 by using Albertson's ap. We also shop at Costco and a couple of other stores.

    I suspect that stores are artificially inflating their prices to make the "sale" prices more attractive to encourage use of their aps. HtS posted a NY Post report that claimed what $100 bought in 2019 is now $139 (I think) at grocery store. I wonder what the price would be if a person used the store ap to get their sale prices.


  19. by HatetheSwamp on April 7, 2024 3:57 pm

    We, for ourselves, have always shopped sales and bought generics. We compare the various stores in town for the best prices.

    Grocery prices are waaaaaaaaaay up. And, people know it.


  20. by Curt_Anderson on April 7, 2024 5:31 pm
    HtS,
    I can appreciate that you are struggling to pay for groceries. After all, Social Security checks only increased by 3.2%. I don't want to criticize, but maybe you need to cut back on those extravagant trips to South Carolina.

    For the working stiffs, wages increased 5% while inflation was at 3.2%. See statista.com below.

    Anyway, data from the U.S. Census Bureau shows that the average American household spends $270.21 per week on groceries, while spending $109.21 per week on food out. The data was collected in October 2023.Jan 22, 2024

    Understand that avian flu and droughts (hard to blame Biden for that) account partially for increased food prices. Worker shortages added more to the cost. Gosh, I wonder where we might find people willing to pick fruit and vegetable and stock shelves in grocery stores? ¿Algunas ideas?

    The level of food price inflation varies depending on whether the food was purchased for consumption at home or away from home:

    The food-at-home (grocery store or supermarket food purchases) CPI increased 0.1 percent from January 2024 to February 2024 and was 1.0 percent higher than February 2023; and
    The food-away-from-home (restaurant purchases) CPI increased 0.1 percent in February 2024 and was 4.5 percent higher than February 2023.

    So the average household is paying another $2.70 per week compared to this time last year.


    ssa.gov
    10news.com
    ers.usda.gov
    statista.com


  21. by oldedude on April 7, 2024 8:11 pm
    HtS posted a NY Post report that claimed what $100 bought in 2019 is now $139 (I think) at grocery store. I wonder what the price would be if a person used the store ap to get their sale prices.

    First, if it was done with "sale prices" it would be done on both. If done without "sale prices" it would be done on both. Are you really that stupid? Yes, I've said what Lead said several times now also. I also showed CBS (hardly a MAGA network) showing the same thing. It's pretty bad when the left wing media can't avoid the issues with food prices now.

    Prices for Food And Beverages, 2019-2024 ($1)
    According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 25.96% higher in 2024 versus 2019 (a $0.26 difference in value).


    Between 2019 and 2024: Food and beverages experienced an average inflation rate of 4.72% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $1 in the year 2019 would cost $1.26 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.89% during this same period, inflation for food and beverages was higher.


    In the year 2019: Pricing changed by 1.84%, which is below the average yearly change for food and beverages during the 2019-2024 time period. Compared to inflation for all items in 2019 (1.81%), inflation for food and beverages was higher.

    You're also doing the same thing pedojoe does with the cost of living. He "forgets" to add up for annual percentages, and just makes the "offhand remark" of COL going up "only 3.1% or whatever, not adding the 9% before that and the 5% before that. So you're lying.

    My bet is that being a slumlord is pretty lucrative in Ashland. Allowing you to not worry about anything people that actually have to worry about fixed incomes, grandkids, or anything else "normal" people do. Bully for you! stealing people's money is how you make yourself feel better than the rest of the peons that serve you. You know. Those little black and brown people that you force to mow your lawn and pay them in monopoly money, while you force their wives and daughters to work the streets you own at night.

    One last thing. It's good that you don't care what you stick in your body. Sarin gas was initially just an Insecticide from IG Farbin. Most insecticides in the world are based on the same chemical pattern. Basically, it's low-grade sarin.


    officialdata.org
    cbsnews.com


  22. by oldedude on April 8, 2024 6:29 am
    Between 2019 and 2023, the prices for food and beverages have seen significant changes. Let’s delve into the details:

    Overall Inflation:
    The Consumer Price Index (CPI) for all-food items rose by 25.0% during this period, outpacing the overall inflation rate.
    In comparison, the all-items CPI grew by 19.2%.
    Food price increases were lower than transportation costs but higher than housing, medical care, and other major categories1.
    Annual Changes:
    Food-at-home prices (groceries) increased by 5.0% in 2023 compared to 2022.
    For context, the historical average retail food price inflation over 20 years is 2.5% per year.
    Monthly Trends:
    From February 2023 to February 2024, food prices (including both groceries and restaurant purchases) increased by 2.2% according to the CPI report from the Bureau of Labor Statistics. This rise was lower than the previous one-year period in 2023, which saw a 9.5% increase.
    Graphical Insights:
    The charts below illustrate the change in prices for specific grocery items from January 2020 to January 2023. Some items experienced price hikes as early as 2021, while others saw more recent increases.
    In summary, food prices have been on the rise, impacting household budgets. It’s essential to stay informed and adapt to these changes when planning your grocery expenses.


    Like Lead and I have stated. More than once. The pedojoe numbers are a lie. It's simple as that. It's an old trick, and one you have to watch for. But something you would "assume" will happen if they're under water with their numbers.

    Understand everyone is losing 25% of their money for food every month. The thing is that you can lie about it, but people aren't that stoopid (well maybe the poor, middle class, and the right aren't that stoopid). For the left, it's just another tithing to big brother.
    Food and beverages priced at $1 in 2019 → $1.26 in 2024
    Prices for Food And Beverages, 2019-2024 ($1)
    According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 25.96% higher in 2024 versus 2019 (a $0.26 difference in value).


    Between 2019 and 2024: Food and beverages experienced an average inflation rate of 4.72% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $1 in the year 2019 would cost $1.26 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.89% during this same period, inflation for food and beverages was higher.

    In the year 2019: Pricing changed by 1.84%, which is below the average yearly change for food and beverages during the 2019-2024 time period. Compared to inflation for all items in 2019 (1.81%), inflation for food and beverages was higher.

    bing.com
    officialdata.org


  23. by HatetheSwamp on April 8, 2024 6:52 am

    OD,

    Politically, I think that Joe's problem with inflation is that people believe he doesn't give a d@mn about their struggles.

    Bill Clinton was all, "I feel your pain." Remember Joe calling Peter Doocy a stoopid son of a bitch for wanting to ask a question about inflation?

    That's Joe. Beginning and end.


  24. by oldedude on April 8, 2024 11:25 am
    At least billy fakes is pretty well. pedojoe can't even lie his way through it. And the only people that keep the lie going is his gestapo, which makes it even worse.


  25. by Indy! on April 8, 2024 6:38 pm

    Sounds like you're drinking well water, OD - straight out of the ground (maybe thru a water softener first). That's very common up around the middle and western parts of the state. My water starts in the same place, but goes through a typical water process like most cities which removes the sulfur taste (and smell if there is any). I will say this without any hesitation - of all the places I've been in US (and that is plenty - up north, midwest, western states...) there is no tap water that tastes as good as South Florida's. Most are not even close.


  26. by oldedude on April 9, 2024 3:16 am
    Actually, we're clear of the sulfur thing where we are (WHEW!!!!!). Yeah, I'm on well, which has a whole house filter. Tampa's water is still "not great." but for the most part, I agree that the water has been cleaned pretty well. I'm happy with the water. And the fact that I'm not paying the city water price, and not paying electric is wonderful. Electric is killer, but LP is far worse.


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