Back to Normal: The US has more unemployed people than job openings for the first time since April 2021

And running deficits up in a record breaking fashion infusing the economy with money.

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If you want me to say Trump spends too much money, I will.

But Trump 1.0 was NOT infusing the economy with money.
He wanted that, but the fed would not comply.

Trump Presidency 1.0 is illustrated below.
As you can see the money levle is basically flat pre-COVID (the time we are discussing)
Anyway I made the box orange instead of red just becasue I’m sweetheart of a guy.

In fact,
the chart illustrates one of the reasons that so many cons do NOT believe the Fed was ever independent in the first place.

Look at the chart.

  • Bush is president —> Money is flat-lined.
  • Obama is president → Money rises and rises and rises some more.
  • Trump 1.0 – → And just like that . . . . money is flat-lined again.

I keep trying to persuade my fellow cons it is coincidence,
but . . . cons can be a little mule-headed sometimes.

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where are your famous arrows on this chart.

openings trending one way. job seekers the exact opposite way.

if those trends continue,

we have a problem, Houston.

Allan

You sure are being snide.
I will try to understand what you are saying (other than implying that I am some sort of liar)
To me it is pretty obvious which way the lines are moving.
But as I note again and again and again and again
today the left’s favorite tactic is t ofeign stupidity so I will try to help you out.
.
.
.

Red arrows show that since 2000 (a quarter century)
when an R is president the Fed moved the money supply sidewards.

Green arrows show that when a D is president the
Fed cranked up the printing presses and ran them hot.

I keep trying to tell my fellow cons that the Fed is not secretly trying to help D’s and hurt R’s but . . . it is a difficult job. It is made only nore difficult when the L’s pretend to be stupid and accuse me of being a liar.

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now do the other chart with arrows.

Allan

certainly not implying anything other than the omission of your arrows.

Allan

Arrows on the other one? No problem.
Sometime around 2022, (When president Biden opened the border and ordered the barbed wire cut)

We reversed course.

Look at the chart above.
Try to find the moment we reversed course
and job openings plunged and unemployment rose.
Then try to place each of these stores on that chart.

ABCNews September 20, 2021

NY Times Sept 22, 2021


https://www.nytimes.com/2021/10/22/us/politics/border-crossings-immigration-record-high.html

LA Times Oct 2, 2023

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coincidence.

with reverse population growth now.

the arrows should be changing according to you.

yet we continue to shed jobs.

Allan

Nope as I stated to you on Aug 11 (and before and and probably after)
once unemployment starts rising, it tends to rise hard and rise fast.

  • Eleven out of the last eleven times
  • Every single time since 1950

When unemployment begins to tick up, it spikes, and a recession follows.
If we avoid it this time (doubt it) it will be a miracle,
and they’ll have to give Donald shut-the-boder Trump a Nobel Prize in Economics to go along with his Nobel Peace Prize.

Whoever messed up and opened that border set-off a really bad chain of events. (We could fact check that. You know. See if the same stuff happens in Europe.)

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well, it does take the upward pressure off wage inflation.

leftist math.

Creating jobs, albeit fewer than last month is “shedding jobs”. Same dumbass logic that tells them spending more, albeit less than was planned is “cutting spending”.

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Got another coincidence for you. (Just in case you want to start a collection.)

String together enough coincidences, and pretty soon
you’ll think supply-and-demand is true and not just a right-wing talking point.

I think you need to move that box a little further left. :upside_down_face:

I make many mistakes, but this was not one of them.
The red line below starts when Trump was inaugurated,
and ends Dec 31, 2019 (just before COVID)

As you can see it is pretty flat.

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The policy was retarded. The COVID was more mild than the ■■■■■■■ flu. :rofl:

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The very first strain that hit the US in February of 2020 was deathly. If you remember it hit Seattle first and got into a nursing home killing 19 people very quickly. If there was any good news, IMO it was how fast it mutated into milder side effects but more contagious…there by naturally vaccinating the masses.

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lol wages up 4.4%

Allan

the numerator might not be the issue there.

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