Another shockingly good jobs report shows America’s economy under Biden admin is booming

He also desecrated the hallowed grounds of section 60  just for a partisan political stunt

After a concerning profit-taking selloff early in the day,

all 3 majors rebounded to close at least 1% higher than Tuesday!

"The economy is in good shape...

  And we want to keep it there"

                                                       -  Fed chair, Jerome Powell - a trump appointee - Sept 18

Although the FED has no interaction with any president (and shouldn't ever!)  today trump stated the 1/2 pt rate cut today by Jerome Powell - a trump appointee! - was "playing politics"

This is because a rate cut is very welcome news to America and therefore NOT GOOD for trump's negative attack campaign against the Democrats in an effort to win the presidency and avoid PRISON!

On CNN, panelist Van Jones stated the obvious that intelligent people see right away:

"That's not playing politics!  If he was playing politics, the Fed would have done this months ago when Democrats were BEGGING for it!! "

Yeah the Economy is doing just great….so good that the Dollar Tree is closing 600 stores, Tupperware has filed for bankruptcy! 
Kabama was asked how she would improve the economy and her answer was”I’m one of the middle class, my parents were middle class, all the people who kept their lawn green in my neighborhood were middle class blah, blah, blah!

id like to see the media go to Canada and show the American voter just where Kabama grew up….she actually grew up in the best area in all of Canada. Then I’d like to see the same news crew go to here $5 MILLiON house in California! You know, the middle class house she lives in now!

BTW, avoiding prison is widely thought to be his main reason for running for president - since those outside the MAGA bubble understand clearly that trump doesn't give a damn about helping anyone but himself...

@fubah2

‘Truly monster’ September jobs report!

- CNN 

@Zeus4par

US economy under Democrats added a whopping 254,000 jobs last month!

In addition to strong job gains and a boost in workers’ pay,
September’s jobs report also showed that the jobless rate
dropped as well, to 4.1%   (actually 4.051% unrounded).

   HEADLINES this week . . .

America’s inflation is getting back to normal

CNN —

America’s inflation continued to slow in September,
reaching a fresh three-and-a-half-year low and
coming in at a pace that’s similar to what was seen
in 2017 and 2018, according to data released Thursday.

The Consumer Price Index,
which measures price changes across commonly purchased
goods and services, was 2.4% for the 12 months ended in
September, slowing from a 2.5% annual rate in August,
according to the latest Bureau of Labor Statistics report.

HEADLINES today . . .

Adding to the good economic news!

Washington CNN —

Spending at US retailers climbed 0.4% in September from the prior month, according to fresh government data released Thursday. That was much stronger than August’s 0.1% gain and was in line with what economists projected in a FactSet poll.

Wall Street cheered the American economy’s latest show of strength

Consumer spending makes up about 70% of the US economy, with retail sales comprising a sizable chunk of that. Thursday’s report shows that Americans are still opening their wallets despite years of elevated inflation and interest rates that have only recently begun to come down from a bruising two-decade high.

Separate data from the Labor Department showed that
new applications for unemployment benefits fell by 19,000 last week,
the steepest weekly decline since June 2023.

    So, not only does the job market remain in good shape,
[under the Biden/Harris administration] but consumer spending
— a key driver of the US economy — also remains healthy! 

Economists had been projecting only 140,000 jobs would be added in September!!!

Economists had also expected the low unemployment rate to stay at 4.2%

but it dropped to 4.1% 

GDP has outpaced pre-Biden administration projections of congress budget office.  After adjusting for inflation, US wages are higher than at any point in US history.  Also after adjusting for age and gender, the percentage of population that is employed is around its peak.

  US job growth surged in November,
      adding 227,000 jobs
Economists were anticipating 200,000

CNN — Job growth surged in November, a rebound
after hurricanes and striking workers heavily distorted
the October data.

  america !

If the Us economy is doing so well ,how come everybody's broke ?

[Quote: Originally Posted by fubah2]

  US job growth surged  in November,
      adding 227,000 jobs
Economists were anticipating 200,000

CNN — Job growth surged in November, a rebound
after hurricanes and striking workers heavily distorted
the October data.

The US economy added 227,000 jobs last month, as striking and weather-waylaid employees went back to work and bolstered a steady stream of employment gains, according to Bureau of Labor Statistics data released Friday.

[Quote: Originally Posted by SarasotaSlim]If the Us economy is doing so well ,how come everybody's broke ?[/Quote

President Joe Biden