Biden’s 100 days have come to a close and we are far worse off now than we were before he took office. President Trump set the stage for a booming American resurgence only to have Biden come in and continue the failed fiscal policies of Obama.
Policies that included expanding government and printing money. We are beginning to see the repercussions of those strategies.
The April jobs numbers are in and it doesn’t look good!
According to Fox News:
An expected U.S. hiring boom crashed into a wall in April, with employers adding a measly 266,000 new jobs – sharply missing Wall Street’s expectations – amid a growing shortage of available workers.
The unemployment rate unexpectedly rose to 6.1% — while it’s still well below the April 2020 peak of 14.7%, it’s about twice the pre-crisis level, the Labor Department said in its monthly payroll report, released Friday morning. Economists surveyed by Refinitiv expected the report to show that unemployment fell to 5.8% and the economy added 978,000 jobs.
The figure marks a significant drop from March’s downwardly revised number of 770,000 and February’s upwardly revised 536,000.
There are still 8.2 million fewer jobs than there were last February before the crisis began.
Some are calling this jobs report the “worst miss since ’98“.
Joe Biden’s economy:
The April jobs report was the worst miss in 23 years: "The worst miss, we're told, since '98."
— Steve Guest (@SteveGuest) May 7, 2021
With the bleak jobs report, it becomes imperative to ask, what effect will this have on me and my family? The answer is simple, we will continue to suffer from higher taxes and more debt.
Today’s jobs report is a disappointment—just like President Biden’s plan to burden families with more taxes & more debt.
While Dems trap people in a cycle of fear & pay them NOT to work, it’s clear the best thing to do is end the crisis-era policies & get Americans back to work.
— Kevin McCarthy (@GOPLeader) May 7, 2021
The Biden administration just doesn’t understand how President Trump managed to create more jobs than we have seen in decades. They can’t comprehend the absolute fact that lowering taxes and decreasing the regulatory burden on businesses creates jobs.
While most understand basic economics realizing that expanding government and increasing taxes kills jobs, you have those on the left giving cover to this horrid jobs report.
Leave it to MSN.com to blame the jobs numbers on the pandemic:
Biden has been touting the record number of jobs created in the initial months of a presidency, and while much of the country is reopening, many areas are still dealing with the coronavirus pandemic. The United States reported more than 70,000 new cases and hundreds of deaths per day in mid-April.
However, the same MSN.com report poses the idea that the reason for the horrible jobs report has to do with the never-ending stimulus money being printed.
Some Republicans have been blaming the expanded federal unemployment insurance payments of $300 per week, the equivalent of a $15,600 annual salary, for some businesses being unable to fill positions. On Thursday, South Carolina announced it would be withdrawing from the program, one day after Montana’s Republican Gov. Greg Gianforte said his state would be doing the same by June 27.
In a letter to the South Carolina Department of Employment and Workforce,Republican Gov. Henry McMaster wrote, “What was intended to be a short-term financial assistance for the vulnerable and displaced during the height of the pandemic has turned into a dangerous federal entitlement, incentivizing and paying workers to stay at home rather than encouraging them to return to the workplace.”
Even CNN couldn’t sugar coat this pitiful jobs report!
Welcome to Joe Biden’s America
Even CNN can’t sugarcoat the April job’s report…
“A real disappointment”
"A giant miss"
— Amy Kremer (@AmyKremer) May 7, 2021
Again the mainstream media tried to provide cover for this jobs report blaming it on the reality that employers can’t find workers.
Despite that fact, they still seem puzzled as to how this could be.
Maybe it’s happening as a result of paying people not to work.
The lesson is simple and President Trump showed us all that. Inspire the American people to take pride in their country while getting government off of our backs. That is how we bring the economy back.