US Politics: Bike tricks

[Gnarls]

What metric should we be looking at in addition to this one?

Economic indicator - Wikipedia

en.wikipedia.org

 

[Kieppie]

Economic indicator - Wikipedia

en.wikipedia.org

Ignore them, they're just desperate to fluff Biden up for something he played no part in.
It's been like that since he took office.

 

[The_Right_Honourable_Brit]

Regardless of who is responsible, those are still impressive numbers and reinforce the US as an economic juggernaut, compared to the anemic growth in the "Old World" (Europe) with its massive bureaucracy. It's no accident that the centre of innovation remains the US and not Europe.

It's the world's top food exporter, one of the top LNG exporters now and #1 petroleum producer.

 

[Gnarls]

Regardless of who is responsible, those are still impressive numbers and reinforce the US as an economic juggernaut, compared to the anemic growth in the "Old World" (Europe) with its massive bureaucracy. It's no accident that the centre of innovation remains the US and not Europe.

Agreed.

 

[tetrasect]

Economic indicator - Wikipedia

en.wikipedia.org

What has that got to do with jobs and unemployment?

 

[Gnarls]

What has that got to do with jobs and unemployment?

Those are economic indicators right?

 

[cerebus]

Ignore them, they're just desperate to fluff Biden up for something he played no part in.
It's been like that since he took office.

I think he might have had something to do with it

 

[quovadis]

Bwhahahaha no it's not but keep licking Biden's boots why don't you, you utter clown.
It's still at 62.6%. ie under what it was pre Covid.

Perhaps look closer at the data. Also, Americans are not all employees the balance is mostly entrepreneurs and small and medium business owners which aren’t counted as employees and don’t draw salaries.

 

[The_Right_Honourable_Brit]

I think he might have had something to do with it

It is a largely meaningless comparison given the evolution of the pandemic and the timing of when Biden was inaugurated. Definitely not a like-for-like comparison. I'm 99% positive that Trump's job numbers were largely in the positive before covid-19 as I can't recall a major negative economic event occurring between 2016-2019 and my US shares were going up as well.

 

[quovadis]

Regardless of who is responsible, those are still impressive numbers and reinforce the US as an economic juggernaut, compared to the anemic growth in the "Old World" (Europe) with its massive bureaucracy. It's no accident that the centre of innovation remains the US and not Europe.

It's the world's top food exporter, one of the top LNG exporters now and #1 petroleum producer.

This.

 

[quovadis]

It is a largely meaningless comparison given the evolution of the pandemic and the timing of when Biden was inaugurated. Definitely not a like-for-like comparison.

Not completely - it still could’ve still been managed better. Obama for all those who criticise him was given a lemon, not of his own making, and faired pretty well to avoid what could have been far worse.

 

[cerebus]

It is a largely meaningless comparison given the evolution of the pandemic and the timing of when Biden was inaugurated. Definitely not a like-for-like comparison. I'm 99% positive that Trump's job numbers were largely in the positive before covid-19 as I can't recall a major negative economic event occurring between 2016-2019 and my US shares were going up as well.

It's not meaningless. There was a lot of potential for the economy to go very badly after the pandemic had such an effect on businesses. Hard to know how Trump would have handled it but I think you have to give some credit to Biden's administration for the recovery.

 

[Temujin]

https://twitter.com/i/web/status/1654364414873595906

 

[Kieppie]

I think he might have had something to do with it

Ah right on time. Enters a typical person with zero understanding of the underlying issues, exemplifying the problem with said lack of understanding.

Congratulations!

 

[Kieppie]

Perhaps look closer at the data. Also, Americans are not all employees the balance is mostly entrepreneurs and small and medium business owners which aren’t counted as employees and don’t draw salaries.

If he wanted to compare the numbers he should compare the same numbers not cherry pick ones.

If I wanted to be pedantic about certain age groups then I'd mention a rising trend of longer tertiary education or concentrated deaths due to Covid in the older demographics.
But why go into such details when the basics are still not even addressed properly.
¯\_(ツ)_/¯

 

[quovadis]

If he wanted to compare the numbers he should compare the same numbers not cherry pick ones.

If I wanted to be pedantic about certain age groups then I'd mention a rising trend of longer tertiary education or concentrated deaths due to Covid in the older demographics.
But why go into such details when the basics are still not even addressed properly.
¯\_(ツ)_/¯

They’ve used the jobs metric for years - it’s universal, not cherry picking.

 

[rietrot]

I think he might have had something to do with it

Lol no. That is 100% COVID

 

[cerebus]

Ah right on time. Enters a typical person with zero understanding of the underlying issues, exemplifying the problem with said lack of understanding.

Congratulations!

All I know is I lived through four years of Trump and his acolytes bragging incessantly about his job numbers.

https://twitter.com/i/web/status/1301868845678952448

etc etc etc.

Personally I never thought job numbers are the best measure of economic health and the US has much bigger unaddressed problems related to quality of life, but since jobs are the metric used by Trumpies, here we are.

 

[Kieppie]

They’ve used the jobs metric for years - it’s universal, not cherry picking.

Yes because "X new jobs created" is easy to understand for everyone. It doesn't mean it's meaningful on it's own.
That tweet that cerebus posted is a perfect example of how it can used to paint a false picture.

I mentioned the LFPR and provided the Forbes article that talk about some of the factors that influence it.
Yet he then decides to use a specific sub group within the LFPR which I made no mention of before as some kind of gotcha. That is cherry-picking.

 

[Kieppie]

All I know is I lived through four years of Trump and his acolytes bragging incessantly about his job numbers.

https://twitter.com/i/web/status/1301868845678952448

etc etc etc.

Personally I never thought job numbers are the best measure of economic health and the US has much bigger unaddressed problems related to quality of life, but since jobs are the metric used by Trumpies, here we are.

Jobs actually created is typically a good thing, jobs being reopened is merely going back to status quo.
I don't call myself a master plumber if I reopen a tap after intentionally closing it for a period of time.

It wasn't just the jobs being created that made the economy under Trump decent, but what the average citizen saw in their QOL.
In short live was a booming for most.

I thought you supported blue collar workers seeing their lives improve?