Mike’s Musings

Random thoughts, opinions, ideas and prognostications on the day's events.

I had to laugh when I heard this faux President claim that this was a good job report because, well, we didn’t lose any jobs but gained almost 200,000. Impressive if you ignore the fact that economists were predicting a gain of 500,000. He also crowed about the unemployment rate going down, leaving out the inconvenient truth that the reason it declined was because almost 50,000 people left the work force (stopped looking for work). Joe Biden is a fraud and an embarrassment. Judging by his poll numbers, much of America is waking up from it’s Trump hating stupor and are coming to terms with this reality.

Congressional Republicans insisted Friday that the disappointing September jobs report showed that President Biden’s economic plan was not working.

“President Biden’s delusions have suggested for months his economic plan is ‘working,’” House Minority Leader Kevin McCarthy tweeted Friday.

“Anyone who saw today’s jobs report knows it’s failing. Democrats have turned what should have been an economic resurgence coming out of the pandemic into an economic crisis.”

US employers added just 194,000 jobs in September — fewer than the 336,000 jobs added in August and the fewest since December of last year, when employers actually cut jobs amid a winter surge of COVID-19 cases, hospitalizations and deaths.

Biden attempted to put a positive spin on the worst jobs report of his administration by pointing to a decline in the unemployment rate from 5.2 percent to 4.8 percent — even though economists say that’s a reflection of fewer Americans seeking work.

Rep. Kevin Brady (R-Texas), the top Republican on the House Ways and Means Committee, said the report was “more dreadful news for America’s slowing recovery, for Main Street businesses struggling to find workers, and for families whose paychecks just can’t keep up with higher prices.

Read more here.

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