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	Comments on: President Joe Biden’s great recovery.	</title>
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		<title>
		By: James L Davis		</title>
		<link>https://thyblackman.com/2022/11/14/president-joe-bidens-great-recovery/comment-page-1/#comment-471596</link>

		<dc:creator><![CDATA[James L Davis]]></dc:creator>
		<pubDate>Thu, 17 Nov 2022 16:29:38 +0000</pubDate>
		<guid isPermaLink="false">https://thyblackman.com/?p=105278#comment-471596</guid>

					<description><![CDATA[Simplicity is the Best Messenger and Always Will Be.
 

“Throughout history, it has been the inaction of those who could have acted, the indifference of those who should have known better, the silence of the voice of justice when it mattered most, that has made it possible for evil to triumph.”

Haile Selassie I


Here is what Clyburn didn’t say, that should matter to every American voter, including Black Americans (by the way we are citizens of this great nation, yet we’re treated with disdain by this administration).
 

President Biden and Vice President Harris’ policy of undercounting the Job Rates of the working-class, including Black Americans “guarantees” the racial wealth gap will never be closed under his presidency. &quot;You need genuinely true stats to do that.&quot; Biden promotes (lies really) an incomprehensive rate of unemployment, 3.7%, when the Real Job rate is 6.8% for October with a black rate that’s 5% higher at 11.8%.
 

You ask, how does that hurt Black Americans and makes them consistently poorer as a race of people – man, it’s only a few percentage points difference?
 

Folks, this ain&#039;t rocket science. You can&#039;t have &quot;TWO&quot; economies and that’s what Biden, Harris, Obama and yes, Clyburn are promoting. One where a politician Joe Biden says, the Jobless Rate is 3.7% and another economy, the REAL one, where Economists agree the Real Job Rate for October is 6.8%. And the Black Rate 5% over the Real Rate is 11.8%. THE TRUTH REALLY DOES MATTER!
  

The Federal Reserve’s (Fed) mandate is to fight inflation. The weapon used by the Fed is interest rate hikes. Rate hikes slow the economy, creating layoffs. Biden&#039;s policy of lying about job rates saying it&#039;s 3.7% when the Real rate is 6.8% undercounts our Job Rates leading to hiding our coming layoffs.
  

This is Simple: if you are not counted, you don’t exist. Any misery or suffering you may incur, such as the loss of housing and the challenges of feeding your family as a result of layoffs (you guessed it) do not exist either, on paper, if you are not a part of the public count, when it comes the Job Rates, announced monthly, by the Bureau of Labor Statistics. This is the number the world and Congress sees. Legislation to supply money to help you, is based on this number. 
  

Well, you ask, how do they not count you, after all I get unemployment?


Here&#039;s how Secretary of Labor Marty Walsh, Biden, and Harris supported by the Democratic Party and as you can see by Clyburn and the Black Caucus, chaired by Rep. Beatty hurt working-class Americans and Black Americans with the highest Job rate at 11.8%.
 

If you low-ball or undercount laid-off workers with a job rate lower (his 3.7%), than the REAL rate (6.8%) HE &quot;WILLFULLY&quot; COUNTS ONLY about 50% of LAID-OFF WORKERS. He omits counting 50% of blacks also, who have a 11.8% Job rate and are the first laid-off as the economy declines.
 

The coming economic storm is REAL, and it&#039;ll result in Jobless rates increasing, effectively, wiping out the economic gains of SENIORS, working-class Americans and Blacks. Remember, Biden’s Job Rate is 3.7%, while the Real Rate, is 6.8%. A key question: Why does Biden &quot;continue&quot; to LIE about our Job Rates! Ask Clyburn.
 

But how did this get started? Who is responsible for this vile policy?
  

The Clinton administration started the vile scheme of undercounting the Job Rates of Jobless American workers, Blacks included, leading to under-reporting our layoffs. Mr. Obama continued it and Mr. Biden, wants to sustain it. Read the linked article. https://www.msn.com/en-us/money/markets/joe-biden-is-mum-on-undercounting-the-layoffs-of-working-class-americans-including-blacks/ar-AA11Cjwq?cvid=2cae8600808b402da937b4d7aa31ed57
  

How can this terrible and stupid policy be overturned or ended?
 

Biden does not need more or added authority to change his official Job rate of 3.7% (U-3) for October and beyond to the REAL jobless rate of 6.8% (U-6), recognized by economists as the true rate just as the Clinton White House, which originated this vile scheme didn&#039;t need authority &quot;to start it.&quot; So, you see, its Joe Biden and Democrats, who are literally putting their knees on our necks. 
  

At the end of the day, no President including Biden can LIE away the REAL ECONOMY saying his 3.7% Job Rate is comprehensive of our Job Situation, when it is not, no more than Trump can LIE away his 2020 lost to Biden. Problematic for all of us is his denial of the REAL ECONOMY with a Jobless Rate of 6.8%. Thus, His Denial is Our PAIN.]]></description>
			<content:encoded><![CDATA[<p>Simplicity is the Best Messenger and Always Will Be.</p>
<p>“Throughout history, it has been the inaction of those who could have acted, the indifference of those who should have known better, the silence of the voice of justice when it mattered most, that has made it possible for evil to triumph.”</p>
<p>Haile Selassie I</p>
<p>Here is what Clyburn didn’t say, that should matter to every American voter, including Black Americans (by the way we are citizens of this great nation, yet we’re treated with disdain by this administration).</p>
<p>President Biden and Vice President Harris’ policy of undercounting the Job Rates of the working-class, including Black Americans “guarantees” the racial wealth gap will never be closed under his presidency. &#8220;You need genuinely true stats to do that.&#8221; Biden promotes (lies really) an incomprehensive rate of unemployment, 3.7%, when the Real Job rate is 6.8% for October with a black rate that’s 5% higher at 11.8%.</p>
<p>You ask, how does that hurt Black Americans and makes them consistently poorer as a race of people – man, it’s only a few percentage points difference?</p>
<p>Folks, this ain&#8217;t rocket science. You can&#8217;t have &#8220;TWO&#8221; economies and that’s what Biden, Harris, Obama and yes, Clyburn are promoting. One where a politician Joe Biden says, the Jobless Rate is 3.7% and another economy, the REAL one, where Economists agree the Real Job Rate for October is 6.8%. And the Black Rate 5% over the Real Rate is 11.8%. THE TRUTH REALLY DOES MATTER!</p>
<p>The Federal Reserve’s (Fed) mandate is to fight inflation. The weapon used by the Fed is interest rate hikes. Rate hikes slow the economy, creating layoffs. Biden&#8217;s policy of lying about job rates saying it&#8217;s 3.7% when the Real rate is 6.8% undercounts our Job Rates leading to hiding our coming layoffs.</p>
<p>This is Simple: if you are not counted, you don’t exist. Any misery or suffering you may incur, such as the loss of housing and the challenges of feeding your family as a result of layoffs (you guessed it) do not exist either, on paper, if you are not a part of the public count, when it comes the Job Rates, announced monthly, by the Bureau of Labor Statistics. This is the number the world and Congress sees. Legislation to supply money to help you, is based on this number. </p>
<p>Well, you ask, how do they not count you, after all I get unemployment?</p>
<p>Here&#8217;s how Secretary of Labor Marty Walsh, Biden, and Harris supported by the Democratic Party and as you can see by Clyburn and the Black Caucus, chaired by Rep. Beatty hurt working-class Americans and Black Americans with the highest Job rate at 11.8%.</p>
<p>If you low-ball or undercount laid-off workers with a job rate lower (his 3.7%), than the REAL rate (6.8%) HE &#8220;WILLFULLY&#8221; COUNTS ONLY about 50% of LAID-OFF WORKERS. He omits counting 50% of blacks also, who have a 11.8% Job rate and are the first laid-off as the economy declines.</p>
<p>The coming economic storm is REAL, and it&#8217;ll result in Jobless rates increasing, effectively, wiping out the economic gains of SENIORS, working-class Americans and Blacks. Remember, Biden’s Job Rate is 3.7%, while the Real Rate, is 6.8%. A key question: Why does Biden &#8220;continue&#8221; to LIE about our Job Rates! Ask Clyburn.</p>
<p>But how did this get started? Who is responsible for this vile policy?</p>
<p>The Clinton administration started the vile scheme of undercounting the Job Rates of Jobless American workers, Blacks included, leading to under-reporting our layoffs. Mr. Obama continued it and Mr. Biden, wants to sustain it. Read the linked article. <a href="https://www.msn.com/en-us/money/markets/joe-biden-is-mum-on-undercounting-the-layoffs-of-working-class-americans-including-blacks/ar-AA11Cjwq?cvid=2cae8600808b402da937b4d7aa31ed57" rel="nofollow ugc">https://www.msn.com/en-us/money/markets/joe-biden-is-mum-on-undercounting-the-layoffs-of-working-class-americans-including-blacks/ar-AA11Cjwq?cvid=2cae8600808b402da937b4d7aa31ed57</a></p>
<p>How can this terrible and stupid policy be overturned or ended?</p>
<p>Biden does not need more or added authority to change his official Job rate of 3.7% (U-3) for October and beyond to the REAL jobless rate of 6.8% (U-6), recognized by economists as the true rate just as the Clinton White House, which originated this vile scheme didn&#8217;t need authority &#8220;to start it.&#8221; So, you see, its Joe Biden and Democrats, who are literally putting their knees on our necks. </p>
<p>At the end of the day, no President including Biden can LIE away the REAL ECONOMY saying his 3.7% Job Rate is comprehensive of our Job Situation, when it is not, no more than Trump can LIE away his 2020 lost to Biden. Problematic for all of us is his denial of the REAL ECONOMY with a Jobless Rate of 6.8%. Thus, His Denial is Our PAIN.</p>
]]></content:encoded>
		
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		<item>
		<title>
		By: Vader007		</title>
		<link>https://thyblackman.com/2022/11/14/president-joe-bidens-great-recovery/comment-page-1/#comment-471591</link>

		<dc:creator><![CDATA[Vader007]]></dc:creator>
		<pubDate>Wed, 16 Nov 2022 21:17:07 +0000</pubDate>
		<guid isPermaLink="false">https://thyblackman.com/?p=105278#comment-471591</guid>

					<description><![CDATA[Anything Clyburn has written is and always has been a joke for black America.]]></description>
			<content:encoded><![CDATA[<p>Anything Clyburn has written is and always has been a joke for black America.</p>
]]></content:encoded>
		
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