Boots & Sabers

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Owen

Everything but tech support.
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2158, 10 May 21

Biden Rejects Basic Economics

Follow the science, indeed. The abysmal jobs report is a direct result of bad policies and rational responses to those bad policies.

US President Joe Biden has rejected criticism that expanded unemployment benefits are keeping Americans from taking new jobs.

Mr Biden said any unemployed American offered a “suitable” job must take it, or risk losing unemployment benefits.

 

Republicans have blamed bad economic data last week on the Democratic president’s decision to extend expanded unemployment benefits.

 

The US added 266,000 jobs in April and the unemployment rate edged up to 6.1%.

 

Economists had predicted from 900,000 to 2 million jobs.

On Monday, Mr Biden said he was directing the US Department of Labor to work with states to reinstate requirements that those receiving unemployment benefits must show they are actively seeking work.

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2158, 10 May 2021

2 Comments

  1. MjM

    Owen sez: “Biden Rejects Basic Economics”

    Correction: Babblin’ Joe Just Can’t Comprehend Anything

    As Bugs would say, what a maroon!…

    “People will come back to work if they’re paid a decent wage”. -BJ

    But, anyway, ….

    “We’re going to make it clear that anyone collecting unemployment who is offered a suitable job must take the job or lose their unemployment benefits,” – BJ

    And not because…

    “I know there’s been a lot of discussion since Friday’s report that people are being paid to stay home rather than go to work, Well, we don’t see much evidence of that.” – BJ

    Did BJ confer with DeSantis before coming up with his sooper dooper new “plan”? And what does he mean by “suitable job”? Being a racist flip-flopping plagiaristic senator for 36 (or 120 or 180, depending on which day he speaks) years?

  2. Kevin Scheunemann

    Liberals cheer his economic ignorance….that is what is really concerning.

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