Fox cable hosts are doing the job of the chair of the White House Council of Economic Advisers, Jared Bernstein, by admitting that the economy under President Biden is strong. Bernstein joins MSNBC’s Ali Velshi to discuss the latest “expectation-busting” jobs report.
“Economy” is such a bullshit term here. What they really mean is stock market. The real economy is shit. Pay is shit. Healthcare is shit. Real estate is a fat hog that needs to get slaughtered already. When will the people be treated as Too Big To Fail?
It’s worse, when it’s us g peoples donated election money for personal expenses, including legal expenses. Do the people donating understand that they’re not even getting a campaign out of their cash? Why isn’t this misuse of funds yet another criminal charge?
Considering the only information they get is within their little bubble which is mostly what Trump tells them, I think they believe they're helping the most mistreated man in history get out of his very unfair oppression to stop him from saving humanity. And by humanity, they mean America. And by America, they mean white people. And by white people, they mean cishet people.
Maybe I should have quoted or capitalized “The People”. I mean the common layperson. trump, Muskrat, and their ilk aren’t “the people”. They are the storied “1%” that depend on social welfare from our government.
It’s about jobs more than the stock market. The report says over 350k net jobs added in January (more than double expected) and unemployment has been below 4% for two consecutive years (not seen since the ‘60s). Plus inflation is quickly dropping and the administration is lowering costs on things where they can, putting more money in our pockets. It’s legitimately incredible what’s happened with the US economy since the pandemic nearly guaranteed a recession, according to Fox News.
We spent THREE YEARS with media of all stripes gaslighting us about a supposed incoming recession any day now. Any day now, for three years, even when the economy was doing gangbusters. Bastards.
The numbers for the real economy have been good too. The median wage rose faster than inflation in 2023 and unemployment has been consistently low, people are finding work and finally starting to earn more. Obviously things aren't great for everyone but it's going way better than anyone expected and it's heading in a good direction rather than deteriorating further like when inflation was still out of control.