All I can tell you is what this man is factually doing to us economically as a race of people. It is well within his power to change what he is doing. He does not need to go to Congress, and he needs no additional legislative power. Mr. Biden is undercounting our Job rates which will lead to undercounting coming layoffs. This is not in our best interest.

Here is how to visualize what he is doing to us. The real unemployment rate according to economists for June is 6.9% – the U-6 category rate, taken from the Table of Alternative Measures of Labor Underutilization. Biden’s political Job rate of 3.6% is 3.3% lower than the real rate of Unemployment of 6.9%. The category, from which he pulled the 3.6% rate, U-3, was “never meant to be comprehensive of our Job situation,” because it measures a smaller worker group and as a result will always flash a low Job rate number.

So, I ask you, what happens to that 3.3% of unemployed American workers he does not recognize, in his count? Do they magically disappear? Of course not! If you low-ball, or undercount laid-off workers, with a job rate lower (Biden’s 3.6%) than the real rate (6.9%), Biden has willfully, counted only 52% of the unemployed and underemployed working-class Americans, professional and blue-collar, leaving 48% uncounted and to fend for themselves. Officially, they will never be a part of any legislative actions and discussions when it comes to our unemployment situation. On paper, they literally don’t exist.

Personally, when you look at the policy of undercounting our Job rates, the biggest losers are American workers of all races, but what is concerning, is Black Americans have been hurt more heavily than any other race. Would you vote for someone who is knocking your legs from under you economically is what this guy is asking? All Biden has to do is acknowledge the TRUTH – the REAL unemployment rate. For June, that was 6.9%, not 3.6%.

Our answer to Biden and Democrats:

https://thyblackman.com/2023/07/08/president-joe-biden-call-it-bidenomics-or-something-else-biden-democrats-continue-to-undercount-our-job-rates-and-layoffs/