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Posted

It is nice to see the price of everything skyrocketing up by all the people who got that free monopoly money the government has been printing. 

 

 

Posted

 

 

I predict that it will be "Unusually" good.......................they need the distraction.

 

Fed exec: Get ready for another "odd or unusual" jobs report

 

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Hopefully, Dallas Fed chief Robert Kaplan just wants to perform some overzealous expectations-setting ahead of the May jobs report due on Friday. But … probably not, considering the fundamentals haven’t changed from April’s stunning bust. “All those tensions,” Kaplan told a tech conference, “they’re not actually going to go away even for the next jobs report.”

 

Joe Biden hardest hit? Politico thinks so:

 

Businesses say they can’t find enough workers to hire. The pace of Americans moving off the unemployment rolls is slowing. And a top Federal Reserve official is warning that job trends in May might look “odd.”

 

All of that suggests that the next monthly U.S. employment report, which will be released Friday morning, may not show the robust growth that President Joe Biden needs to help pass his sweeping agenda.

 

On the heels of April’s sluggish job growth, which shocked economic forecasters and sparked debate over a nationwide worker shortage, the May data will be closely watched for an indication of whether something significant is holding back the labor-market recovery — such as what Republicans say are overly generous federal unemployment benefits — or whether the previous data was nothing more than a one-month blip.

Democrats have downplayed the concerns, maintaining that the path back to full employment was always going to be winding and stacked with challenges. And economists are predicting the report will show 630,000 jobs were created in May, a robust number. But while Biden has been polling strongly on his handling of the economy, a second straight month of slower-than-expected job creation could embolden critics of his multitrillion-dollar infrastructure spending plans and raise fears that the labor market is facing a long road back to normal.

 

https://hotair.com/ed-morrissey/2021/06/02/fed-exec-get-ready-for-another-odd-or-unusual-jobs-report-n394060

 

 

Posted
1 minute ago, BillStime said:

Must be the unemployment checks right?

 

 

Doubtful.  They're probably making more with their own online casts like OnlyFans or whatever.

Posted

Deutsche Bank Issues a Terrifying Warning for America Under Biden

by Tyler O´Neil

 

On Monday, Deutsche Bank released a report that further confirms a portent of doom for the U.S. economy and Democrats led by President Joe Biden. While many economists and policymakers claim that the recent uptick in inflation is temporary, Deutsche Bank warned that Biden’s profligate spending, the Federal Reserve’s low interest rates, and global economic trends threaten to unleash persistent inflation, which amounts to an insidious tax on the poor and middle class that benefits the government. 

 

https://pjmedia.com/news-and-politics/tyler-o-neil/2021/06/09/deutsche-bank-issues-a-terrifying-warning-for-america-under-biden-n1453388

Posted

Highest inflation increase in 12 years.

 

Wages up, so I hear.  

 

It doesn't matter when you're spending twice as much on gas, groceries, and clothes.   

 

 

Nice work all around everyone more free money for a crisis we inflicted on ourselves give yourself a big round of applause good work!!!

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