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Anonymous
Anonymous asked in Politics & GovernmentPolitics · 1 month ago

2 bad jobs reports in a row, stocks way down, bombing the middle east, botched reopening schools. Does it get any worse?

Update:

Lol 🤣 the jobs report was better than expected. Did you hear that on CNN?

13 Answers

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  • 1 month ago

    If you had actually studied economics you would know a lot more than your misguided question suggests, hiding behind anonymous.  For the first 35 days of his nation-rescuing Presidency, Joe Biden has achieved quite a few positive changes, to include undoing some of the most dangerous and anti-democracy policies of the ill-fated domestic-terrorist Trump administration.  

    Point #1:  Our already-great nation's employment is what is called a "lagging indicator."  To understand this feature, picture a river during torrential rains that slowly begins to rise to flood stage.  This river keeps on rising long after the rains have stopped, ergo a "lagging indicator" for the phenomenon of flooding.  At present, our unemployment figure as of today, 3/5/2021, is at 6.2%; however, this seemingly low figure is misleading since some Americans have dropped out of the labor market to care for at-home kids while the schools remain closed or the workers are waiting for their former employers' reopening once the vaccines have cut COVID-19 cases.  

    There is no "botched" reopening of schools by the Biden team.  Safety-first protocols have always been part of the plan, and that takes added funding---funding that is part of the COVID Relief Bill passed last week by the House and sent on to the Senate where a handful of oddly (perhaps criminally) partisan Republican Senators now in the minority are deliberately obstructing for no good reason.  One idiot GOP Trump toady Senator delayed by about 12 hours by stupidly asking that the entire 638-page bill be "read" by Congressional aides even though each Senator has a copy of it.  These same Neanderthal-minded obstructionist Republicans want to offer insane amendments that have nothing whatsoever to do with the relief or the stimulus---called "poison pills" that, if passed (which they won't be since the Democrats have the final 51st vote for each Amendment) would condemn the entire bill.  No one is asking these "representatives" of the people in each of their states "Why?" they would play their right-wing political GAMES when the people they are supposed to REPRESENT are in need!  We, the people, can flood these Republican Senators' phone lines, fax lines, offices with LOBBYING FOR THE BILL, and that would hasten the dollars designated to fully fund protective measures for the schools as well as distribution of the vaccines to our nation's teachers, financial aid for desperate families, and so on.

    The stock market is FICKLE and is easily manipulated as we recently learned by the Gameboy trick that cost arrogant big-dollar hedge fund billionaire investors betting on a Gameboy decline a fortune when smaller investors pooled their small-amount resources and united to drive the price of Gameboy stock hugely high, so that the hedge fund investors betting on the stock going down were squeezed and lost hugely.  Since most Americans do not invest in stock or speculation, what the stock market does or does not do is not a good indicator of economic growth or stability.  Be patient.

    Getting "worse" would entail letting a lifts-wearing orange-skinned criminal conman be anywhere near power.

  • 1 month ago

    yup.  biden could get a second term.  

  • Mandy
    Lv 7
    1 month ago

    Stocks aren’t down.   And  by it will take way more than two months to recover from all the job losses during the Trump Administration.  And, yes, it gets much, much worse.  You and everyone saw that during the past four years. 

  • Nemo S
    Lv 5
    1 month ago

    YES it can always get worse as a matter of fact you can count on it because you will always have leaders that tell you that you should be grateful it does not get any worse no matter how "Worse" it really does get because making anything better would be counter productive to their actual goals...

    Slavery and Tyranny wear many different mask and always with a mile...

    N.Shadows

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  • 1 month ago

    Oh yeah it will !!!  Unless you're China , Iran or na Illegal ....

    Here's your sign Libs !

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  • garry
    Lv 6
    1 month ago

    you left out bombing of syrian forces by america , or doesnt that matter , after all syria is in the middle east !!!!

  • GiGi
    Lv 6
    1 month ago

    Don't forget the wasted tax payer money for an impeachment that went no where of a President that left office peacefully and the building of a wall around Capitol Hill and the national guard patrolling all of which cost hundreds of millions.  By the way, there will be nobody doing anything in DC on March 4 because congress left for a long paid weekend whereby they will still be doing nothing for citizens of the United State.  The more thumbs down I get, the more people know that I am right.

  • Sam
    Lv 6
    1 month ago

    America is back baby and Biden looks like Jesus Christ.

  • James
    Lv 7
    1 month ago

    Sure, we could still have a twice impeached traitor in the White House.

  • Anonymous
    1 month ago

    much, give it time

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