Why the Full Employment Created by Bidenomics Should Be Celebrated
Why the Full Employment Created by Bidenomics Should Be Celebrated
The economy has many problems. But the labor market hasn’t been doing this well in many decades.
Hot take here, judging by the company, but I think Biden's doing great. He's moved the federal government in a more progressive direction than any presidential administration since Lyndon Johnson, and I'm confident with more Democrats in the legislature he could do even more.
Simultaneously, the opposition has become so dangerous that it's absolutely critical the Democratic coalition remain together. There are always going to be criticisms you can level against any leader. I certainly don't agree with Biden 100% of the time. But if you check out the other hot takes here, making Biden out to be the devil, or saying they'll never vote for him...those people are trying to elect Donald Trump again.
84Biden is definitely doing much better than I expected. No question. Nowhere near the Bernie Sanders type that we need, but a pleasant surprise.
In another time, I probably would go on a rant about Boomer politics killing us slowly. But since Republicans have literally become fascist lunatics, Democrats have to stick together no matter what.
History has shown us just how bad things can get under fascism, and these Republicans are dangerous, stupid, and cruel, and stupid. And yes, I know I put stupid twice.
44I have no problem with democrats 'sticking together' as far as voting blue next election, but don't sit back after you've done that.
The seeds for fascism in the USA are the same ones that were in Germany when Hitler rose - rampant inequality and poverty leading to desperate people leading to christian nationalism, and later fascism. I hate to break it to you but a Democratic party with no one to the left of them has no incentive to fix the root problems, and every incentive to stay on the take and then escape to their favorite country with their wealth if they push it too far.
Campaign finance reform, election reform, labor reform ... pick a cause and find some friends. We cannot have a democracy without working for it. Fascism will rise in the absence of effort.
3I'm just impressed he didn't crack down on the left first thing.
Not snark here, I had worried he would.
3
It's the #walkaway all over again, which really was conservatives saying that they won't vote for democrats "again".
14I have to admit, I was definitively in the “they’re really gonna make me vote for Joe Biden?” Camp, but I’ve been pleasantly surprised. His work with the railroad union really solidified it, where sure, don’t love the strike breaking, but the post-strike negotiations end results was certainly a win for those same rail workers.
14
Man I'm so fully employed that I have three part time jobs. All of which I need to pay rent. Pretty sweet!
No I do not have health insurance.
45Why are you working part time jobs?
-11Full time jobs hardly ever work with a part time job. Finding times to fit usually means two part time jobs than a full time and part time. Plus businesses get jealous when you don't dedicate your life to them.
8
It's not helping me or anyone I know, so...
12"Full employment" is a lie...
12Maybe they used speech recognition. They meant fool.
4
certain industries are also paying less than when Biden first took office and costs for everything has gone up sometimes doubling
Walmart is just one example paying $4 less or more than a few years ago
why should this be celebrated? links below are what we are celebrating the ones above stalled out
12This was a well balanced article overall, considering the title. It does celebrate the low unemployment but balances it out by calling out cost related issues. Left leaning but not delusional.
8Don't believe your eyes and ears! You're doing well! You're all doing so well
3Plus think of all the EXTRA jobs building the border wall will bring!
2Fuck Biden
The economy is not doing well, I don't care what statistics they use to try and lie about it. People are suffering.
If the economy was doing good, the feds wouldn't keep increasing rates.
And to put cherry on cake, Biden did a photo shoot at the border wall last week and is expanding construction on something he promised to halt.
I'm getting closer to just voting for Trump at this point. Biden makes me so angry. Most important issue for me is immigration reform and foreign policy. Seems like Biden and Trump are identical in these two areas except for a disagreement on whether to turn off the money tap to Ukraine.
-11Found the worst take!
9What's better? The guy you know will try and fuck you or the one that promises he will help and then fucks you anyway?
The photo shoot at the border made me irrationally angry. You try and put yourself in the shoes and see how it feels to be one of the 12 million illegals or 600,000 DACA being promised something for decades by the Dems
Living in fear as states like Texas and Florida ramp up the use of illegals as scapegoats. Just to see the president you thought was on your side spit in your face
-9
So more people than ever are being forced to work or starve, all while earning less pay than any other time in American history? And all this is because Biden is a lame duck who either cannot or will not actually solve America's problems? Oh, and more Americans than ever are working multiple jobs?
Sounds like cause for celebration to me!
-36Google "lame duck". You used the term wrong.
11I suppose you have a solution and are aware of a candidate who can put that solution into action?
11
Let us see if Bidenflation is much better closer to 2024...
At any rate, I will have to admit that I have a personal stake in this debate. Back when the American Rescue Plan was being debated, I argued against Larry Summers’s notion that its size should be slashed because it might cause inflation. I said the balance of risks was not even close—on the one hand a continuation of the economic lost decade of the 2010s, but on the other some inflation that would cause only moderate pain. Inflation did come—and while I don’t believe Summers was right about the causes, which were more about the pandemic and the war in Ukraine than Big Fiscal, it did turn out to be quite unpopular.
The Lawerence Summers that blamed inflation on Jan. 6 2021, this is the person people are looking for advise?
Jimmy Dore did a video on him on Jun 15, 2022.
Obama Advisor Ties Inflation To January 6 https://www.youtube.com/watch?v=z4L8PHBowpk
-53jimmy dore is a cryptofash and you spread cryptofash shit everywhere.
20What is cryptofash?
When have I posted about crypto?
Only time I remember was when I posted Yanis Voaroukis talk about cryto.
Crypto is dead | Yanis Varoufakis x Viktor Tábori x Brain Bar
-11
Who the fuck reads this and thinks the author, who clearly states they disagree with Larry Summers at every point, is looking to Larry Summers for advice? And who gives a flying fuck about Jimmy Dore? Are you Jimmy Dore?
18Of course, inflation that every industrialised country is facing is because of Joe Biden.
7Person who is currently in charge gets blamed as history shows.
What caused inflation? Federal Reserve printing out money like crazy for wars.
I do not see a push for a Great New Deal.
Mostly just corporate democrate talk and half tries.
1