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Record-Breaking Accomplishments On Jobs And Unemployment Under Biden
(www.forbes.com)
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this post was submitted on 08 Jun 2024
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politics
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Ahh yes, but i was just reading on moneywise that the recession is getting worse and we’re all going to die (I might have exaggerated that part on my own). Stock market will crash, housing will bubble. I guess it’ll be horrible for those rich million and billionaires who don’t already have 25 different ways to make money. Maybe there’s a recession in billionaire land? I mean, Elon might not get his 56billion salary and will walk away… yes, thats it, recession for billionaires.
What propaganda outlet is "moneywise"? There is no recession despite the clueless media predicting one every day for the last 4 years. Jobs keep getting blowout numbers month after month after month. Wages rose a 3% annual rate last month. Stock market is all time high despite Biden increasing minimum tax rate on corporations to reduce the national debt. Inflation adjusted wages for low wage workers increased by 12% under Biden. The inflation rate under Biden has been consistently lower than the OECD average.
Oh, I agree. That site is trash and used in total sarcasm jest.
GOD I got so fucking sick of that after the first year. It was obvious it wasn't gonna happen but every damn media outlet, even the ones I previously thought were relatively unbiased, were just shouting "recession, recession, recession" like a chant to the Econ Gods. It was such obvious propaganda.