Joe Biden Deserves Credit For Historic Jobs Machine
Joe Biden is the first president who will register job growth in every single month of his term, but he is getting no credit for his accomplishment.
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Joe Biden’s Jobs Machine Keeps Rolling
One of the grossly underreported elements of the US economy is how well it is doing when compared to other countries around the world. The main reason for the nation’s economic good standing is the historic run of job creation that has occurred under the Biden administration.
Republicans want to pretend that all of the Biden job growth is due to jobs coming back after the pandemic, but this is simply a lie. Biden recovered the jobs lost to the pandemic in his first year in office, but the rest of the job growth is due to the current administration creating an environment fertile for job creation. Whether it is spending on manufacturing and infrastructure or making it easier to start a new business, the Biden administration has gone all in on jobs.
The latest jobs report shows 227,0000 new jobs created and unemployment holding steady at 4.2%.
President Biden said in a statement about the new jobs numbers:
America’s comeback continues. Today’s report shows that the economy created 227,000 jobs in November, as Boeing machinists returned to work with record wage gains and hurricane recovery continued. Unemployment of 4.2% is in the same low range of the past seven months. This has been a hard-fought recovery, but we are making progress for working families.
Since I took office, the economy has created more than 16 million jobs, with jobs created every single month. Unemployment has been the lowest on average of any administration in 50 years. Incomes are up almost $4,000 more than prices. While there is more to do to lower costs, we’ve taken action to lower prescription drug prices, health insurance premiums, utility bills, and gas prices that will pay dividends for years to come.
Acting Labor Secretary Julie Su said that Biden is the first president to create jobs in every single month of his term:
Outside of a few shows and articles, you will hear and see none of this conversation in the mainstream press.
Biden has built something special, but what is going to happen to it when the next president takes office?
Trump’s Policies Will Wreck What Biden Has Done
Republicans in Congress are already negotiating their next round of tax cuts for the wealthy and corporations. According to a recently released report from the Congressional Budget Office, a new round of tax cuts for the rich will sink the US economy.
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