Posted on 09/03/2021 8:30:21 AM PDT by DFG
The U.S. job market saw hiring slow to 235,000 jobs in August, a sharp drop off after two strong months with the Delta variant of the coronavirus to blame.
Still, President Joe Biden said it represented good news.
'What we're seeing is an economic recovery that is durable and strong. The Biden plan is working, we're getting results,' he said at the White House Friday morning.
The unemployment rate dropped to 5.2%, the Labor Department reported Friday, but the predictions for the job market failed to meet expectations by a significant margin.
'There's no question that the Delta variant is why today's jobs report wasn't stronger,' Biden said.
Economists surveyed by Dow Jones had been looking for 720,000 new hires.
Biden addressed the job numbers in a speech at the White House on Friday before heading to New Orlands to view the damage from Hurricane Ida.
Biden used much of the speech to press Congress to pass his $3.5 trillion spending package, which moderate Democratic Sen. Joe Manchin told party members Wednesday they should take a 'pause' on.
Manchin voiced concerns about inflation, while Biden talked about how the plan would be paid for: by taxing corporations.
'The fact of the matter is, it's about time they being to pay their fair share,' Biden said.
He cited how 55 of America's largest corporations paid zero in federal taxes.
(Excerpt) Read more at dailymail.co.uk ...
I doubt Delta is to blame. I suspect its more related to the free money the government is paying people to stay home.
There should be around 40 million openings after everyone gets fired for not taking the “vaccine”.
Joe: I love it when a plan comes together. I just made that up.
No you fool. You killed the energy sector and chest, reliable energy is the engine of a strong, growing economy.
Writing the tax code is big business. You pay corporations for their goods and services, they pay lobbyists to pay off politicians to write arcane tax breaks. It's money laundering, pure & simple.
Well, at least inflation will drop when unemployment skyrockets and wages fall. Success!
Up is down.
Down is up.
Right is left.
Left is right.
War is peace.
Ignorance is strength.
Freedom is slavery...............................
Chest = cheap.
Corporations just pass their tax burden on to their customers...... You and Me!..................
Biden has to resign.
He cited how 55 of America’s largest corporations paid zero in federal taxes.
Let’s see him legitimately go after all the Democrat corporate benefactors….Google, Facebook, Disney, Amazon, GE, etc
And then raise the corporate gains about 3x.
And why doesn’t he explain to the people, those that are unaware of how large the tax code is and how it’s nothing but a bunch of carve outs and deductions, how businesses are able to write off expenses, etc, to reduce their tax liabilities.
Behemoths like Amazon can account for every box of staples and rubber bands it buys.
There’s a reason they call bean counters, bean counters.
I saw part of the speech on FOX. The doddering old commie says we have to raise taxes on corporations and wealthy people so that we all pay our ‘fair share’ and to make sure common folks can pay their bills.
Somebody supported these stupid Democrat sons of bitches.
I’ll bet the Taliban are busy figuring out their taxes due on the 85 billion dollar donation Biden just made to them.
The *uck stops with Joe.
“Woe unto them that call evil good, and good evil; that put darkness for light, and light for darkness; that put bitter for sweet, and sweet for bitter!” Isaiah 5:20
At least United and American should share the blame.
“BREAKING NEWS: ‘The Biden plan is working’: Joe insists the economy is ‘durable and strong’ after US added 500,000 fewer jobs than predicted in August and blames the Delta variant for the record number of openings”
right, Joe, and the United States has ALWAYS been at peace with the Taliban ...
Quick and simple fix………..
All Joey needs to do is STOP PAYING PEOPLE NOT TO WORK!
Stop paying people more than their earned wage.
Stop paying people bonuses for nothing.
They won’t go back to work until the gravy train ends.
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