Joe Biden got a huge boost when July unemployment numbers were released, but he now seems intent on doing everything he can to ruin that momentum.
When the report came out, 943,000 new jobs were announced, above expectations.
Biden cites his programs and the vaccine for this success, but that is far from the actual truth.
Even so, his administration announced that it is considering extending the additional $300 in weekly unemployment benefits.
What Is Going On?
There is no denying the lower unemployment rate and job numbers, which were both very positive.
We do, however, tend to disagree with Joe Biden’s reasoning.
Jobs are picking up despite Joe Biden, not because of him.
So far, 26 states have cut the added benefits, forcing people to get up off their couches and go back to work.
If you look at national unemployment rates, about half the top 10 or 12 states with low unemployment have cut benefits.
The bottom 10… all states that have kept the added benefits intact.
These states, in some cases, have unemployment rates three times or higher than states that have cut benefits already.
Psaki, when challenged on this, just blatantly lied, stating, “We don’t see any evidence in the available data that some states ending unemployment benefits early had any impact on today’s incredibly strong numbers.
“We are seeing strength across the economy across states and regions of course.
“But that’s thanks to a number of investments that have helped get people through this difficult time and get them back to work.”
At 5.4 percent unemployment, we see improvement, but with some states still tickling eight percent, we still have a long way to go in getting people back to work.
When you consider that the unemployment rate for the fourth quarter of 2019, right before the pandemic hit, was 3.5 percent, people need to get off their couches and back to work, not paid more money to watch TV and eat bonbons all day.
The fact that Joe Biden is even considering extending this program is just absurd.
This will crush small business owners, but it will buy Democrats votes from lazy citizens that refuse to get off their couch and go back to work.
Source: New York Post