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Final job growth revision: down 818,000 jobs. Yikes.
Job growth set to be revised down by 818,000 jobs (msn.com)
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Forgot to mention that the Dems will still blame the Republicans, as Obama was blaming George Bush six years into his terms. As Harris blamed Trump the other night for economic disasters that are happening on the Biden/Harris watch.
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You’ve hit the nail on the head. Because politicians have known that entitlements were coming to this debacle for three generations, and did little to fix it, we’re on the brink of disaster.
The only workable solutions will result in ruinous inflation, not enough money for seniors, too much tax for working people and (quite frankly) you’re going to have to turn everyone in the cash economy into taxpayers.
I read a silly, stupid article the other day that claimed illegals are already paying social security. Maybe. None of the ones I pay claim social security. They certainly haven’t asked for a 1099.
We’ll have to raise FICA and Medicare taxes by 1/3rd, boost the social security and medicare recipient years by 2-5 years at different levels, turn illegals into taxpaying citizens, reduce the social security payment amounts and print money to cover the shortfall. Happily, we’re reshoring lots of jobs, so we have a start.
On the other hand, a Dem administration will likely make more stupid decisions, kill the growth, increase the deficit and screw things up. Per usual.
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Saw that this morning. It would be the largest revision in 15 years. Someone’s been monkeying with the numbers.
They’re blaming the “birth-death” model of new businesses opening versus new businesses closing — it’s basically just an estimate, and they’re claiming they’re still learning how to estimate the numbers post-COVID. The new data is the real accurate data. The Bureau of Labor Statistics bases it upon state employment tax records…that number cannot be challenged.
Incidentally, this number is presented once a year, as of March 31. So the economy has been cooling for much, much longer than expected.
Over the last year, unemployment has risen from 3.4% to 4.3%.
Amazing. Somehow, the Biden economy is much, much worse than they’ve been selling us. Heaven forfend.
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Party leaders whitewashed the coup by ornately extolling Biden.
After Biden Bloodletting, Dems Just Want to Have Fun! – DNyuz
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Joe Biden, recipient of 14 million votes in legitimately conducted Democratic primaries, was running against Donald Trump for the second time.
Democratic kingmakers Pelosi, Obama, Clinton, Schumer and Jeffries decided they didn’t want Biden, so they circumvented the will of 14 million voters to coronate fringe leftist Kamala Harris, recipient of a grand total 129 votes in the 2020 presidential primaries, a little more than 81 million shy of Joe Biden.
So well-heeled Democrats, responding to wealthy Power Democrats (Hollyweird, Wall Street, Silicon Valley and Academia) put on a full-court press, threatening Biden with a 25th Amendment removal. Biden “volunteered” to step down in favor of an individual (who literally didn’t receive a single 2024 Presidential vote) in the same way that I “volunteered” to give up my wallet to a man who stuck a gun in my face.
Or, as non-Republican Maureen Dowd of the New York Times put it in her headline:
The Dems are Delighted, but a Coup is Still a Coup
Opinion | The Dems Are Delighted. But a Coup Is Still a Coup. – The New York Times (nytimes.com)
If Biden is so out of it that he can’t run for President, then why is he allowed to stay in office for six months? Why is he speaking at the convention?
It was a forceful elimination of a duly elected candidate for a major political party who was forced to step down in favor of an individual with literally zero votes by a very small cabal of powerful politicians.
It. Was. A. Coup.
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I hate to put it this way, but not even Donald Trump would have gone that far.
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Here’s the Merriam-Webster definition of a coup:
a sudden decisive exercise of force in politics and especially the violent overthrow or alteration of an existing government by a small group : coup d’état
It was sudden. It was decisive. It was an exercise of force. It was an alteration of a future government, based upon the existing government.
Was it violent? Not that I know of, and it depends on how you define/defend violence. Biden was threatened with the 25th amendment, we know this. No one was going to hit, stab or shoot him, they were just going to eliminate him from the role that he earned and the nomination that he earned.
I would also throw in that Biden was profoundly unwilling to give up the nomination and succumbed to the multiple pressures upon him.
Let’s not be as dishonest as Trump can certainly be (and other politicians, including Biden). It was a coup.
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The Euro Commissioner should be tried for attempting to influence an American election. POS, no doubt. Didn’t see or hear any of the interview. Just read some of the comments, ranging from a rambling, slurring speech to pretty good. And those were from left leaning sites. FWIW, I have a lisp. Went to speech therapy in second grade, though it still lingers. Some words, I still really struggle with, at least I think I do. When I’m tired or after a glass or two it gets more noticeable. That said, I was interviewing a young woman about 25 years ago at lunch. Stone sober and not tired. She had the temerity to ask me if my lisp held me back in business. I said no, but wish I had responded that “no, my speech impediment doesn’t hold me back; the fact that I’m a young, white male holds me back plenty.” Needless to say, she wasn’t hired.
Out of frustration, I actually said that in an interview once, indirectly. I was interviewing for a role for which I was profoundly well qualified and knew I wasn’t going to get. The CEO asked me what my greatest weakness was, and I replied that my greatest weakness was that I wasn’t a perky blond woman. Law firms have a tendency to hire perky blond women as CMOs.
No, I didn’t get that job. A perky blond woman got it.
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I don’t think he’s well enough to serve out the final five months, based upon my casual observation. He looks like he’s lost it. His VP should step in. She won’t, and he won’t step down, but he should.
Incidentally, two quick comments.
First, Nancy Pelosi has gone almost remarkably public with her efforts on the coup; excuse me, her encouragement of Biden to step down. She all but acknowledged that it caused an irreparable rift in their relationship.
Second, Biden’s speech is on opening night of the Democratic convention. It will be very interesting to hear what he doesn’t say. As I gather, he is not happy with Pelosi, Obama and Schumer for having engineered his removal from the nomination. Will he laud them? How does he feel about Obama who encouraged Biden to not run for President in 2016 when Hillary lost?
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BTW, here’s another bizarre JD Vance story. He changed the flag of Minnesota, because it didn’t feel inclusive enough, and some people objected. Here’s the old flag. You got a farmer and a native American riding on a horse:
Here’s the new state flag of Minnesota, population 5.74 million:
Interesting design, right? You may know that Minnesota is home to a large Somali population, including squad member Ilhan Omar. Just for grins, here’s the Somali flag:
Notice any resemblance?
Governor Vance bent over backwards to appease a population that is 1.5% of his state. Interesting.
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Trump scored an own goal with Vance. Kamala may have forfeited the game with Walz. My take is same as yours: Kamala runs the basement strategy and wins because the media wants her to.
I don’t do this often enough, but every so often it pays to listen to the other side. Here’s a couple of earnest young talking heads and Van Jones talking about Kamala’s VP selection and specifically why Shapiro wasn’t selected. Van, of course, focuses on the fact that there is a visceral anti-Semitic wing that has developed in the Democratic party, that they didn’t want to (paraphrased) offend the pro-Hamas terrorist part of the Dem party. That’s not too surprising.
What surprised me was that the earnest young talking heads claimed that anti-Semitism absolutely was not part of the issue, because, after all, Kamala’s husband was Jewish. What they claimed was that Shapiro wasn’t selected because he interviewed badly, that his personality would swamp Harris’s, that he really wanted to be President and not VP, and that he was oozing ambition from his pores, and that is what torpedoed him.
By the way, both of these very young talking heads are just insufferable.
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[quote quote=8777]She did say that she would have her people put together a presser by the end of the month…[/quote]
By the end of the month? It should have been the first thing she did. She wasn’t elected by the people, she was the product of a self-admitted coup (Nancy Pelosi and others have publicly stated that Biden wasn’t going to win, so they threatened him and he caved), so the very first thing she should have done was to sit down for some tough questions.
But she didn’t. Why? Because she can’t.
Here’s a question: I thought JD Vance was a bad VP pick (I would have gone with Haley). But Walz? Wow. He’s Gavin Newsom with white hair.
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And more to the point, Kamala Harris was rated the second most liberal member of Congress of all 109 who have served since the turn of the century. Only Elizabeth Warren was more liberal.
Extensive data here:
Opinion: Kamala Harris is extremely liberal — and the numbers prove it (msn.com)
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He was a moderate representing south Minnesota. He was constrained by a Republican majority in the Minnesota Senate during his first term as Governor. When the Dems won full control of Minnesota’s state government in 2022, Walz’s second term was marked by a full-bore pursuit of progressive priorities.
Walz was the clear preference of the progressives. He was welcomed by Ilhan Omar and Alexandria Ocasio-Cortez. He has opposed many restrictions on abortion. He has backed the legalization of marijuana for personal use. He signed into law a bill providing free school meals for children at public schools, regardless of means. He has also supported automatic voter registration.
In March 2023, he signed a bill making migrants living in the country illegally eligible for driver’s licenses. He has also supported making his state’s low-income health insurance program accessible for all residents, regardless of immigration status. And he has favored so-called “sanctuary” laws where local law enforcement does not inform federal authorities of the immigration status of people they encounter. He enacted a statewide paid family leave program, he tightened gun control laws and passed climate goals.
Walz has also expanded voting rights’ for felons, basically by restoring the right to vote to people who have completed a period of incarceration, rather than requiring them to wait until their probation period is also over. Coincidentally, the Minnesota Supreme Court upheld this change.
The governor also has ordered state officials not to cooperate with subpoenas and other legal requests from elsewhere in the nation seeking to penalize gender-affirming care. Walz first enacted that policy via executive order, though similar measures were later reaffirmed by legislation.
The NYT lauded is move towards progressivism.
I agree, he’s not a liberal. He is a full-bore Progressive.
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