Ever since he entered office, Joe Biden has been handing out money like he’s Santa Claus. The man claims this was to “help” the economy after the pandemic.
But is giving out checks—one taxpayers’ dime—really the way to bring back jobs and help businesses?
Turns out, all these handouts have backfired tremendously. Giving away stimulus checks, expanding supplemental unemployment, and other programs have damaged the job market.
And the numbers are worse than anyone expected.
From Daily Wire:
The economy appears to be struggling under President Joe Biden, according to the new jobs report that was released on Friday morning…
“The numbers are out, and on the top line they are way worse than expected. Something seems very off: only 266,000 jobs created in April, and the unemployment rate ticked up to 6.1%, according to the report.”
Yep, something is very off, there is a Democrat in the White House. Joe and company was about to pop the champagne, expecting to reach 2 million jobs in his first 100 days. They didn’t even come close.
Now, the reactions are pouring in from the business community. Even CNN couldn’t spin this as a positive.
The idiots in the liberal media were expecting almost 1 million new jobs in this report. That’s a stretch, even for a pro-business Republican.
They were really banking on bragging that Joe Biden created more jobs in his first 100 days than any other president.
Instead, he whiffed it something fierce.
The financial people, even on CNN, are struggling to explain why. We all know why.
When Donald Trump was president, he scaled back the size of the government, landed historic trade deals, negotiated to keep companies stateside, slashed taxes, oh—and kept border jumpers out.
All that amounted to historic gains, even as the pandemic battered us.
Joe Biden’s solution was to pay people to stay at home. This was something people worried about last year.
Biden apparently didn’t get the memo. In numerous industries, they are struggling to hire staff. Not because there aren’t able-bodied people who can work, but because they are getting unemployment checks for doing nothing.
Here’s Biden’s sad response to it—he actually laughed it off and excused it.
It’s pretty delicious to see Biden cancel his planned celebration. But we all saw this coming. How could the “president”—and his flunkies—not see it?
Do you think Biden is responsible for slowing down the jobs market?
- The new jobs report missed projections by nearly 800,000.
- Only 200,000 jobs were added, compared to predictions of 1 million.
- Joe Biden failed to keep his promise of adding 2 million new jobs in his first 100 days.
- Experts say it’s because the government extended unemployment, encouraging people to stay home.
Source: Daily Wire