Today the April jobs report was released. It missed the mark. It didn’t just miss the mark by a little, it was abysmal. So far, I haven’t heard anybody blame it on Trump…that’ll probably take a few days. Right now, Joe Biden is pleased with the report….? “This month’s job numbers show we are on the right track,” said Biden. I guess that depends on how you define the word “track”.
This looks like a job for Stuperman! Joe is coming to the rescue though, he doubled down on using the report to justify the need for his infrastructure and family support bills. He also dismissed the idea that the very disappointing numbers had anything to do with Federal unemployment benefits and people not returning to work because they collect more for staying home. Stuperman wants to continue spending faster than a speeding bullet!
Another interesting aspect to the jobs report is how the media is playing along with the playing it down. Multiple outlets just ignored it completely…..