
<p>One of the Biden/Harris political sales points is job creation. ; They constantly brag about producing the greatest number of jobs of any administration in American history. ; They contrast their performance with President Trump’s, who they say had the greatest loss of jobs in American history. ; ; That may have some truth to it, but it definitely needs an asterisk.</p>



<p>What they failed to take into consideration is the Covid Pandemic that shut down the economy – producing a loss of more than 9.4 million jobs, according to the Bureau of Labor Statistics.  ;Most of the jobs for which Biden takes credit were the natural rehiring as the pandemic ebbed. ; The speed of the return to traditional employment levels was aided by Trump’s ability to produce a Covid vaccine in record time.</p>



<p>Biden claims to have created 14.8 million jobs since taking office. That is 5.4 million over the 9.4 million lost to the pandemic. If you discount the jobs lost and reclaimed, the Biden record is not so impressive. In fact, it took Biden the first three years of his administration to simply bring job numbers back to pre-pandemic levels. The problem is that Biden counts all the re-hires as new jobs produced by him and his policies. That is just deceptive. They are not new, but merely old jobs being refilled.</p>



<p>Another way to look at jobs is through the unemployment levels. Just prior to the pandemic in 2019, the unemployment rate was 3.5 percent. At the conclusion of the Trump presidency – with the pandemic starting to wane, unemployment had risen to 11.1 percent. As of July 2024, the unemployment rate is at 4.3 percent – and has been ticking up from 3.5 percent in recent months. The recent increase in the unemployment figure indicates that 1.7 million Americans lost full time jobs. It is more informative to compare Trump’s pre-pandemic level of 3.5 percent unemployment to the current level of 4.3 percent as a measure of the influence of Biden&#8217;s policies.</p>



<p>Biden took bows every time the government reported a positive monthly job growth – and even when any monthly job growth was below economic expectations. ; If Biden is going to make job growth such an important part of his legacy, the latest news from the Labor Department is a kick in the &#8230;. uh &#8230; gut. ; According to Uncle Sam, there has been an unprecedented DOWNARD adjustment by more than 818,000 jobs for the period from April 2023 to March of 2024. ; That is a 68,000 reduction each month &#8212; taking down the monthly average from 242,000 new jobs to 174,000 new jobs per month.</p>



<p>To engage in Biden’s own descriptive, the 818,000 correction is a “big f***ing deal.”  ;That is the equivalent of taking ALL the jobs created in the past four to five months and tossing them out the window. ;</p>



<p>Biden may be the most pro-union President in American history – as he and union bosses declare &#8212; but he is not the best job creator. I would tend to give that honor to President Franklin Roosevelt, who cleverly started World War II just to get America out of the Great Depression.</p>



<p>(I feel obligated to say that the statement above is a joke. ; FDR did not start World War II for that or any other reason. ; If I did not explain, I would be getting pushback from ignoramuses who take it literally.)</p>



<p>Like so many things with the proclaimed “nation’s greatest president,” the product does not live up to the advertising. ; Bidenomics has largely been a failure. ; It was not an exceptional job producer &#8230; it fueled inflation with wage growth lagging behind &#8230; put millions of Americans in the credit card trap with high interest rates.</p>



<p>Referring to economics, it is often said that a rising tide lifts all boats. ; However, an economic tsunami sinks them. ; Biden has been trying to convince folks that the tsunami hitting them financially is merely a rising tide.</p>



<p>So, there ‘tis.</p>

Biden just lost 818,000 jobs … not including his
