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Old 02-04-2022, 08:55 AM
 
1,134 posts, read 406,873 times
Reputation: 912

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Even more good news:

Quote:
According to AAA, the national average gasoline price at the pump has risen to $3.40, up 40% from $2.40 one year ago. With prices now at multi-year highs, and following the White House taking credit for lowered pricing late last year, analysts are focused on the Administration's next move.
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Old 02-04-2022, 08:56 AM
 
Location: A Beautiful DEEP RED State
5,632 posts, read 1,777,447 times
Reputation: 3902
Amazing what happens when you stop paying people to stay home and not work. They actually have to go back to work. You know, the same jobs they had before.

Now it would have been much better if the current Potato-in-Chief had done this much earlier, when we were all telling him to, rather than dragging it all out massively hurting the supply chain and increasing prices dramatically.
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Old 02-04-2022, 08:56 AM
 
Location: New York City
19,061 posts, read 12,776,389 times
Reputation: 14785
Quote:
Originally Posted by Elliott_CA View Post
Thank You Joe!
lol

does this work?
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Old 02-04-2022, 08:57 AM
 
Location: Sonoran Desert
39,125 posts, read 51,383,237 times
Reputation: 28365
The numbers have been all over the map of late because of the difficulties presented by the pandemic. All one needs to do is use their own eyes. This is the best labor market we have ever seen and the revisions are beginning to capture that. There are job openings everywhere and at wages that would have seemed impossible two years ago for the bottom rung.
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Old 02-04-2022, 09:00 AM
 
Location: New York City
19,061 posts, read 12,776,389 times
Reputation: 14785
Quote:
Originally Posted by Ponderosa View Post
The numbers have been all over the map of late because of the difficulties presented by the pandemic. All one needs to do is use their own eyes. This is the best labor market we have ever seen and the revisions are beginning to capture that. There are job openings everywhere and at wages that would have seemed impossible two years ago for the bottom rung.
Yeah I don't think anybody doubts there are unlimited jobs available right now, businesses have not been able to find workers. The problem is prices and shortages. All the wage gains have been swallowed up by inflation, and we will have a $32+ TRILLION federal debt by year's end
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Old 02-04-2022, 09:05 AM
 
Location: NE Mississippi
25,665 posts, read 17,416,961 times
Reputation: 37474
Everyone who thinks Biden will get credit for leading the economy upward and will get re-elected, please raise your hand......
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Old 02-04-2022, 09:12 AM
 
45,675 posts, read 24,105,718 times
Reputation: 15560
Quote:
Originally Posted by BlakeJones View Post
Yeah I don't think anybody doubts there are unlimited jobs available right now, businesses have not been able to find workers. The problem is prices and shortages. All the wage gains have been swallowed up by inflation, and we will have a $32+ TRILLION federal debt by year's end
Prices and shortages highly influenced by the HUGE surge and seemingly sustained demand for goods at a time when the distribution of goods is being hampered by broken supply chains.

AND WEATHER.

You don't think the last two major storms that stranded truckers all over highways is not going to impact.

Biden needs to stop the snow.
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Old 02-04-2022, 09:18 AM
 
Location: Kansas City, MISSOURI
20,905 posts, read 9,623,029 times
Reputation: 15659
Quote:
Originally Posted by Stephan A Smith View Post
... Now it would have been much better if the current Potato-in-Chief had done this much earlier ...
He has been doing this ever since he took office:
Quote:
Originally Posted by James Bond 007 View Post
With all the new revisions that came out today, here are the new numbers since Biden's first full month in office:

BLS: https://data.bls.gov/timeseries/CES0..._view=net_1mth

Feb 2021: 710,000
Mar 2021: 704,000
Apr 2021: 263,000
May 2021: 447,000
Jun 2021: 557,000
Jul 2021: 689,000
Aug 2021: 517,000
Sep 2021: 424,000
Oct 2021: 677,000
Nov 2021: 647,000
Dec 2021: 510,000
Jan 2022: 467,000
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Old 02-04-2022, 09:18 AM
 
Location: New York City
19,061 posts, read 12,776,389 times
Reputation: 14785
Quote:
Originally Posted by moneill View Post
Prices and shortages highly influenced by the HUGE surge and seemingly sustained demand for goods at a time when the distribution of goods is being hampered by broken supply chains.

AND WEATHER.

You don't think the last two major storms that stranded truckers all over highways is not going to impact.

Biden needs to stop the snow.
There's no magical extra demand beyond the flood of printed money into the system. People were buying like crazy throughout the pandemic at costco and online. What changed was more money and less supply when the existing inventory ran out because of lack of workers to make, transport, and retail the goods.

The worker shortage is being slowly repaired, it'll take a lot longer to get through all that money flooding the system
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Old 02-04-2022, 09:21 AM
 
17,390 posts, read 12,351,649 times
Reputation: 17309
Quote:
Originally Posted by BlakeJones View Post
dude are you even listening to yourself, this thread is about a good 2022 jobs report and you are fixated on Trump? Why is Trump the only thing you think of? If it's this bad now how are you going to be able to deal with life if Trump is re-elected in 2024?
Quote:
lol for what? If Brandon had his way he would have another 5 rounds of trillion dollar welfare so people could stay home
That is a Trump initiated policy that Biden ended even though many of his supporters were asking for another round. So, hardly 'the way Brandon wanted'.
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