Inflation drops to 4.9%

I'm not sure that Earl has much credibility when it comes to ANY topic. But certainly not the economy. I haven't found one Trumper that even understands the basic principles of economics. They don't even understand supply and demand.

Anyone who betrays their oath to the Constitution shouldn’t be trusted. Earl has turned into a White Nationalist who hates the Constitution.
 
Juan Williams, a far left loon, Jessica Tarloff and Giraldo Rivera...far left loons, are all over FOX News.

I don't want to hear them...because they lie.

So do you.

Idiots, all three. They hire buffoons to play the part of leftists.
 
The labor participation rate is the better indicator, Walter.

If we are in a "downward spiral" it is showing on everything. You do not need subtle indicators. The Roman Empire did not collapse because it lost 0.2% of labor participation. The Great Depression did not happen because we lost 0.2% of labor participation.

Besides, labor participation has been increasing during the Biden years. Again, it is a trump era failure.
 
You could argue that, Walter but you would be wrong.

When Joe Biden took oath as the President on January 20th, 2021, USA had 396,837 confirmed COVID deaths.

Now it has crossed 800,000.

So more Americans died during Biden era, even with vaccine availability, compared to the Trump era. But the media reactions are so different!

You are saying that even with more people dying, the economy has been getting better with Biden? So again, the economy is not in a "downward spiral", but instead is doing better even with what you admit is more serious health issues than anything that trump had to face.
 
I love how they ignored the labor force participation rate at all times during the Trump administration, but they are trotting it out again. I guarantee Earl does not know what it is. None of them do, but they read about it in their stupid right wing sites and come here and parrot what they read.

Here are the facts. When baby boomers began to retire, and fewer high school students got jobs, the rate dropped, for obvious reasons. During the Trump administration, the rate went from 62.7 when Trump took office, to 63.3 (less than a one percent increase) pre pandemic, before dropping, and then slowly recovering. When Trump left office, the rate was 62.2. The rate now stands at 62.6.

So the rate has gone UP under Biden. Even though boomers continue to retire. Earl doesn't understand anything.

https://fred.stlouisfed.org/series/CIVPART

If the labor force participation rate goes down, it does not mean fewer people are working. Earl is a fucking moron.

It has gone up under Biden. Maybe we want it to go up by more... But it is hard to argue we are on a "downward spiral".
 
You are saying that even with more people dying, the economy has been getting better with Biden? So again, the economy is not in a "downward spiral", but instead is doing better even with what you admit is more serious health issues than anything that trump had to face.

Captain Earl, ex-USAF and current White Nationalist oath-breaker, wants to see America fail. He wants to see our nation collapse into itself.
 
You are saying that even with more people dying, the economy has been getting better with Biden? So again, the economy is not in a "downward spiral", but instead is doing better even with what you admit is more serious health issues than anything that trump had to face.

No, Walter.

Pay attention.

Labor participation rate:

US Labor Force Participation Rate is at 62.60%, compared to 62.60% last month and 62.20% last year. ***This is lower than the long term average of 62.84%.***

Labor Participation is a percentage and is the better metric for the labor force participation and it is below the long term average, under clueless Biden.


When the labor participation rate is lower than the long term average (as it is now under Biden) something is wrong...in this case, Biden is wrong.

Banks are failing and the stock market tanking. Wage gains are below inflation and there have been two (2) bond yield inversions.

Do you understand now, Walter?
 
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It has gone up under Biden. Maybe we want it to go up by more... But it is hard to argue we are on a "downward spiral".

To me, that rate has become rather meaningless in the context of the actual employment situation. Frankly, Covid likely was a pretty significant upward force on the rate. I doubt that a single one of them would understand that.
 
The last time I looked, I think there were 6 different stats for measuring employment. Which one is better is irrelevant. The unemployment stat we chose long ago gives a quick and clear snapshot of how employment doing. It is the one we have used through administrations. Arguing that there are better ones is useless. It allows you to see how employment is doing compared to past admins and how it is doing year after year.
 
To me, that rate has become rather meaningless in the context of the actual employment situation. Frankly, Covid likely was a pretty significant upward force on the rate. I doubt that a single one of them would understand that.

The participation rates skyrocketed in the 1970's, when women entered the workforce. I wonder Earl considers the Carter years to be particularly successful.
 
The participation rates skyrocketed in the 1970's, when women entered the workforce. I wonder Earl considers the Carter years to be particularly successful.

Yep, and women and minorities drove the increase, the white male participation rate has been dropping for over 50 years.
 
You are saying that even with more people dying, the economy has been getting better with Biden? So again, the economy is not in a "downward spiral", but instead is doing better even with what you admit is more serious health issues than anything that trump had to face.

Anti-vaxxers like Earl killed tens of thousands of Americans. They are mass murderers, and should be treated as such.
 
The participation rates skyrocketed in the 1970's, when women entered the workforce. I wonder Earl considers the Carter years to be particularly successful.

No, I don’t consider the Carter years to be successful by any metric, Walter.

Home mortgage rates around 15%, the Iranian hostage disaster and giving away the Panama Canal.

A national malaise…
 
Yep, and women and minorities drove the increase, the white male participation rate has been dropping for over 50 years.

Yes.

Part of that is whites are retiring more than younger non-whites. Part of that is trump supporting white men are just sickly, and are having trouble keeping jobs. There are probably other reasons.
 
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