It’s Sunday…
When Biden Bits was posted for Friday, President Biden had not tweeted. He ended up with a Friday Tweeting Total of 5 tweets and 0 retweets…
Mentioned in Friday’s Biden Bits, linked above. Friday was jobs report day. In light of that day, President Biden offered remarks. The YouTube is 18 minutes and 21 seconds long.
President Biden: Today’s national unemployment rate fell below 4 percent to 3.9 percent — the sharpest one-year drop in unemployment in United States history; the first time the unemployment rate has been under 4 percent in the first year of a presidential term in 50 years. 3.9 percent unemployment rate — years faster than experts said we’d be able do it. And we have added 6.4 million new jobs since January of last year — in one year. And that’s one of the most — that’s the most jobs in any calendar year by any president in history. How? How? How did that happen? Well, the American Rescue Plan got the economy off its back and moving again, back on its feet, getting over 20 — 200 million Americans fully vaccinated; got people out of their homes and back to work, even in the face of wave after wave of COVID.
Andrew Van Dam with the Washington Post wrote on Friday that:
While the labor market began 2021 in a deep hole, huge numbers of Americans found work amid the pandemic, with a record-breaking 6.4 million jobs added over the course of last year, eclipsing all expectations.
Rank-and-file workers’ hourly paychecks rose by $1.46 an hour, another record-breaking number. Gains were especially pronounced for those in lower-paying industries.
It was, by these measures and many others, the best year in labor-market history, ignited in part by aggressive stimulus spending that pushed consumer spending to stratospheric levels. But the numbers on their own can be downright misleading.
The 6.4 million jobs gained this year, while a record in absolute terms, represents only a 4.5 percent increase in the workforce. That’s smaller than the 5.0 percent growth seen in 1978, when a much smaller labor force added 4.3 million jobs. In fact, relative to the size of the workforce, it’s only the 11th best calendar year since record-keeping began in 1939.
Washington Post. 01/07/2021.
President Biden: Record job creation. Record unemployment declines. Record increases in the people in the labor force. I would argue the Biden economic plan is working, and it’s getting America back to work, back on its feet.
Since it’s Sunday and well, I the author, can in fact decide to do whatever I want (within reason of course) I’ve decide today, to make fun of R’s hypocrisy. Now, none of our mocking of the R’s excuses the D’s hypocrisy at all…
So, Friday night as I was compiling the “Humiliation of Cruz” grovelling at the feet of Tucker that Fucker Carlson tweets. I found a thread complied by Aaron Rupar a former Vox reporter turned blogger.
I’m gonna skip posting the whole thread…
This was from August 2018…
The jobs report that they were discussing was from July 2018, released on August 3rd of that same year. Let’s look at the opening of that report shall we???
Total nonfarm payroll employment rose by 157,000 in July, and the unemployment rate edged down to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, in manufacturing, and in health care and social assistance.
BLS.gov. 08/03/2018.
The GOP jumped on the hip-hip-hooray train…
But Friday’s report…
Friday the report said the economy added 199,000 jobs…
but yeah, totally way worse than the 157,000 jobs added in July of 2018…
Not to be outshone in the hypocrisy department…
May 4th, 2018…
January 7th, 2022…
The jobs report was for April released on May 4th, 2018…
Total nonfarm payroll employment increased by 164,000 in April, and the unemployment rate edged down to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, manufacturing, health care, and mining.
BLS.gov. 05/04/2018.
Friday’s report says…
Total nonfarm payroll employment rose by 199,000 in December, and the unemployment rate declined to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in leisure and hospitality, in professional and business services, in manufacturing, in construction, and in transportation and warehousing.
BLS.gov. 01/07/2022.
So, according to R Chairwoman adding 35,000 more jobs with the same unemployment rate as her boss is the worst news ever!!!
My thoughts, as I said Friday by and large a President of any party is not in fact responsible for the entire economy. Can they make bad policy choices or laws that do harm the economy, sure can, and they should totally be called out for it. And in all fairness a President along with his or her Congress can make good policy that does help the economy grow.
But overall, like I said in 2017 when the right started praising their dear leader for the “roaring economy”, the report we view, almost for my whole life, is the same report for each President from either party, they all make tweaks, just as the Biden Admin is making for January’s report that comes out in February…
But overall the data collected is the same/same over all admin’s. So, it stands to reason if one praises one President for 3.9 percent unemployment, well, a different President should be praised too.
Or…
We could be normal people and realize the jobs report like the stock market, or a payroll company saying there were huge gains in payroll in December using their own methodology not the Department of Labors…
Is just a snap shot, not the whole picture it’s kind of like polling data for politics…
Just an FYI based on my own glimpse in Friday’s comment section I saw Steve Wood asking “what economists” regarding something I can’t remember but I found in two different articles this company’s name Refinitiv economists, who predicted 400,000 new jobs for December.
FYI before we find out who they are, I’m not sure where they got the data to support that idea, considering if you look back in the archive like I did, December is usually a weaker job gain month going back to 2000.
Anyhoo…
Apparently Refinitiv is a data collection site.
From their about page:
Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the world’s largest providers of financial markets data and infrastructure. With $6.25 billion in revenue, over 40,000 customers and 400,000 end users across 190 countries, Refinitiv is powering participants across the global financial marketplace. We provide information, insights, and technology that enable customers to execute critical investing, trading and risk decisions with confidence. By combining a unique open platform with best-in-class data and expertise, we connect people to choice and opportunity – driving performance, innovation and growth for our customers and partners.
Refinitiv.com.
When I first Googled them this is what came up first…
I did not see a number of economist it uses to determine their predictions on what U.S. job markets are or will be like…
President Biden’s full statement:
Jill and I were saddened to learn of the passing of Sidney Poitier, the once-in-a-generation actor and advocate whose work carried so much dignity, power, and grace that it changed the world on and off the big screen.
Sidney was more than just one of the finest actors in our history. His iconic performances in films like The Defiant Ones, A Raisin in the Sun, Guess Who’s Coming to Dinner, and In the Heat of the Night held a mirror up to America’s racial attitudes in the 1950s and 1960s. With unflinching grandeur and poise — his singular warmth, depth, and stature on-screen — Sidney helped open the hearts of millions and changed the way America saw itself.
The son of tomato farmers in the Bahamas, Sidney became the first Black man to win the Academy Award for Best Actor — but the trail he blazed extended leaps and bounds beyond his background or profession. He blazed a path for our Nation to follow, and a legacy that touches every part of our society today.
Jill and I send our love and prayers to Sidney’s wife, Joanna, his daughters, and his grandchildren and great-grandchildren.
May God bless Sidney Poitier.
White House.gov. 01/07/2022.
In 1963 Poitier won an Oscar for the movie Lilies of the Field.
My favorite is Guess Who’s Coming to Dinner…
I couldn’t help myself; I did try a little…
Saturday’s Tweeting Total is 3 tweets and 0 retweets.
On Friday, President Biden and First Lady Dr. Jill Biden traveled to Colorado to survey the fire damage from the Marshall Fire. The YouTube is 15 minutes and 1 second long. Their full remarks can be found here.
President Biden: And my message to them and everyone impacted by this is that, you know, not only are you helping each other, but we’re here with you. We’re not going to go away. We’re not — the federal government is not going to go away. The governor has been an incredible partner. Matter of fact, that probably drove him crazy how many times I called him even before he called me, saying, “What do you need?”
The video clip is 43 seconds long taken from remarks he gave on January 4th, 2022 prior to a meeting with his COVID-19 task force. The YouTube is 12 minutes and 5 seconds long. His full remarks can be found here.
President Biden: Americans, we’ve given out over 70 million booster shots. Importantly, two out of three eligible seniors have received their booster shots. Booster shots are free, they’re safe, and available over 90 — in over — at over 90,000 vaccination sites. Let me say that again: They’re free, available, and at over 90,000 sites. We have added sites, added hours, added appointments, added walk-in capacity. We have booster shots for every American in the country. It’s easier than ever to get a booster shot. And more importantly than — than ever it’s been. Look, the FDA has also now authorized booster shots for children ages 12 to 15. So, with the final approval from the Centers for Disease Control and Prevention — the CDC — young people — when that occurs, young people ages 12 to 15 will be able to get booster shots later this week.
On Saturday President Biden gave remarks at former Senator Harry Reid’s Memorial Service. The Democrat Senator from Las Vegas, passed away on December 28th, 2021, at the age of 82.
The full Memorial Service is 2 hours and 24 minutes long. I’ve cued to when President Biden begins his remarks at the 1 hour and 55 minute mark. His full remarks can be found here.
President Biden: He and I grew up on different sides of the country, but we came from the same place, where certain values run deep: first, loyalty, faith, resolve, service, your word.
The rest of the tweet does not appear in his remarks.
For Sunday, January 9th, 2022, both Daniel Dale and Factba.se have not posted any schedule at all for the President.
President Biden has tweeted 1 time so far for Sunday.
The 1 minute video was taken from his remarks he gave in Colorado. His full remarks can be found above.
President Biden: Folks, Jill and I and my team have surveyed the damage of the Marshall Fire, and it’s as devastating as it looks on television and as devastating — as devastating as the many environmental crises I’ve seen in the last — the last year, in 2021.
President Biden: And, you know, 6,000 acres were wiped out here, over 1,000 structures. But you know what I — Jill and I have noticed — what we’ve noticed in other places: the incredible courage and resolve that you all show.
President Biden: It’s — but people here and across Boulder County are stepping up for one another. They’re stepping up.
President Biden: And a water treatment plant was in the path of the fire and — but one worker there, a man named Greg, barely — barely and bravely ventured back into the plant, risking his life, for a simple reason. He manually turned the valves to ensure that there was enough water pressure to — for the firefighters to be able to do their job. I mean, people do extraordinary things in extraordinary times.
President Biden: And, you know, the situation is a blinking code red for our nation, because the combination of extreme drought — the driest period from June to December ever recorded — ever recorded; unusually high winds; no snow on the ground to start — it created a tinderbox — a literal tinderbox. And even if it was not in your backyard, you could feel the ripple effects of what happened.
President Biden: You know, but the bottom line here is: We have to summon the courage to do something about it — to build back better as one nation.
President Biden: And, folks, look, I intend to do whatever it takes, as long as it takes to support you, your state and local government to help you recover and rebuild these communities.
President Biden: But every time I’d walk out of my grandpop’s house up in Scranton, he’d say, “Joey, keep the faith.” My grandmother would go, “No, Joey, spread it.” Let’s spread the faith and get it done. Thank you all so much.
This is an Open Thread.
