Posted on Aug 2, 2024
US Unemployment Rate Climbs to Highest Since October 2021
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Edited 4 mo ago
Posted 4 mo ago
Responses: 4
MAJ Hugh Blanchard
The economic buzzards have come home to feast on the carcass of Bidenomics. The latest quarterly job creation and unemployment figures hugely rattled the markets. And many real economists, people who aren't drinking the Democrat-Socialist Kool-Aid, warn of impending inflation. The mainstream media are trying to falsely blame this on Donald Trump, but Trump has not been in office for several years. This can all be laid at the feet of so-called "Bidenomics" and the prospects of even worse policies if Kamala Devi Harris is elected.
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First Bidenomics and now Kamalanomics. Regardless, it's a disaster now and looming larger.
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https://www.cnn.com/2021/05/26/economy/inflation-larry-summers-biden-fed/index.html
Sgt (Join to see)
The story is old but relevant.
Sgt (Join to see)
The story is old but relevant.
Larry Summers sends stark inflation warning to Joe Biden | CNN Business
Larry Summers is urging Washington to tap the brakes on stimulus — or risk unleashing a serious burst of inflation.
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