this post was submitted on 08 Jun 2024
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politics

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The Biden Administration’s robust and durable track record on jobs and unemployment is breaking records, putting up some of the best results we’ve seen in half a century.

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[–] btaf45@lemmy.world 3 points 6 months ago (4 children)

Yes you are missing the fact that the president's policies have a major effect on the economy.

[–] Numberone@startrek.website 0 points 6 months ago (3 children)

What specifically is he doing that is creating jobs? As of February new jobs are being driven by healthcare jobs. There are several other types of work before you get to construction, which could plausably be linked to infrastructure spending. And again, that's held to against the interest rate hikes that are designed to lower inflation by increasing unemployment, or the more appropriate euphomism of softening the labor market.

[–] Cryophilia@lemmy.world 1 points 6 months ago (2 children)

I like how when you asked that question in another comment, and I gave you a quick list of things Biden specifically, personally did to improve the economy, you went all quiet and then came over here to ask the same question.

[–] Numberone@startrek.website 2 points 6 months ago (1 children)

Yeah, I read the list and fair enough. I mean to go further I'd have to argue each thing and say if I agree that it helps the economy directly or not, who the fuck cares what I think. The Biden admin has been good on anti trust, those are filtering through the courts now right, so no concrete effect yet right? Biden is good on labor too, being like the first president to visit a picket line. That may have legitimately helped the broader economy if that factored into their decision to concede to the UAW and those wage increases filtered out to non Union shops in the south. Almost invariably when people cite "Bidenomics" they mention infrastructure and green spending, which I don't think nearly accounts for what's been happening in terms of unemployment. I wanted concrete examples, you gave me a bunch. That's something to think about, and I appreciate it.

[–] Cryophilia@lemmy.world 2 points 6 months ago

Thanks for being open minded.