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Posts Tagged ‘Biden Bust’
June 6th, 2023 at 11:45 am
Image of the Day: The Ongoing Biden Pay Cut
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Posted without additional commentary, per the latest Labor Department data, here’s an illustration from economist Steve Moore of the immediate and ongoing pay cut that Americans have experienced since Joe Biden became president:

The Biden Pay Cut

The Biden Pay Cut

May 19th, 2022 at 12:51 pm
Image of the Day: More Economic Freedom = Higher Standard of Living
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In last week’s Liberty Update, we highlighted the Heritage Foundation’s 2022 Index of Economic Freedom, which shows that Joe Biden has dragged the U.S. down to 22nd, our lowest rank ever (we placed 4th in the first Index in 1995, and climbed back up from 18th to 12th under President Trump).  As we noted, among the Index’s invaluable metrics is how it demonstrates the objective correlation between more economic freedom and higher citizen standards of living, which this graphic illustrates:

 

April 4th, 2022 at 12:05 pm
Image of the Day: Biden’s Silly “Putin Price Hike” Excuse
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Apparently nothing is too preposterous for Joe Biden and his apologists.  They attempt to rationalize out-of-control inflation and wage erosion as a “Putin Price Hike,” but a simple chronology immediately refutes that (unless Vladimir Putin somehow took control of the U.S. economy in January 2021):

 

“Putin Price Hike?”

January 10th, 2022 at 10:11 am
Image of the Day: Biden, Pelosi and Schumer Faceplanted On Jobs in 2021
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On the heels of Friday’s unsettling jobs report from the Labor Department, we can now judge the performance and promises of Joe Biden and the Pelosi/Schumer Congress against actual reality.  They promised 10.3 million jobs would be created in 2021 if their massive spending and regulation blowout passed, versus 6.3 million jobs if their agenda wasn’t passed.  So how did it turn out?  Their agenda was passed, but only 6.1 million jobs were created as the U.S. economy slowed and struggled to recover from the Covid dip, as AEI’s Matt Weidinger highlights.  They apparently made things worse, not better, illustrating the sardonic adage, “Don’t just do something – stand there.”

Biden Jobs Performance: Worse Than Doing Nothing

Biden Jobs Performance: Worse Than Doing Nothing

 

June 4th, 2021 at 10:17 am
Image of the Day: Another Disappointing Jobs Report Under Biden, and an Increasingly Likely Explanation
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This morning brought yet another disappointing monthly jobs report from the Labor Department.  While the Biden Administration continues to blindly insist that potential employees sitting on the sidelines because of cushy government unemployment payouts aren’t the problem, the people who actually hire people in order to continue their operations seem to recognize a different story.  Over 9 in 10 say that worker shortages are weighing them down – far and away their biggest problem.  We know the workers are out there, but they’re not taking the available jobs.