Clueless Joe Calls Economy โHistorically Robustโ
3 Jun 2022
President Biden on jobs report: โAs we move to a new period of stable, steady growth, we should expect to see more moderation [โฆ] Thatโs a sign of a healthy economy with steady growth, rising wages for working families, everyday costs easing up.โ https://t.co/BZRjf8h42E pic.twitter.com/x7zsbrccVE
โ The Hill (@thehill) June 3, 2022
BUCK: Thereโs Biden telling you, โLower your expectations, peasants! Itโs not gonna be that great. Sorry, I createdโฆโ Keep in mind, when they say โcreated jobs,โ what they just mean are jobs that came back online because the psychotic Democrat Fauci worshipers werenโt able to continue to shut down whole sectors of the economy endlessly. So, yeah, there were jobs that came back. But no oneโs looking at this economy right now and thinking to themselves, โYeah, theyโve done a really good job.โ
In fact, quite the opposite. And Biden is just living in an alternate universe where he reads whatever the advisers around him put on the screen. He has no idea whatโs going on. This is a man who has never run a business. The only job he knows how to create is for Hunter with Burisma and corrupt Chinese companies. And here we are, Clay, being told โ we kind of knew this was gonna happen โ the economyโs great. Itโs doing really well. Iโve done a great job. I mean, this is the kid who shows up to class not having done the homework, deserves a zero, not even an F, and wants to tell everybody that theyโre the valedictorian.
CLAY: We still havenโt regained the jobs that all existed when we shut down the country in March of 2020. Thatโs the talking point that needs to be hammered home over and over and over again. We still are below the number of people that were employed then. I hope by the time we get to November that maybe weโll be back to the employment level we were at in March of 2020, but thatโs how bad of a decision this was to shut down.
And bragging about people who were forced not to be able to work. Being able to come back to work as a recovery is not what a recovery actually is. And, by the way, Buck, I donโt know how much you see it in New York City. There are over 11 million open jobs right now in this country, over 11 million. I went to fill up with my gas tank yesterday. That was not, again, setting a record high for how much Iโve ever had to pay to fill up my gas tank.
And in the window of the gas station they said basically โ and Iโm paraphrasing โ โPlease be kind to us. We canโt find enough people to work at our business.โ Gas station. The gas station has a sign in the window saying effectively, โPlease be kind to us. We canโt find enough people to work here.โ Now, I live in the Nashville area. If there are 11 million open jobs, I know a lot of people driving around all over the country listening to us right now are seeing that in their own communities.
So, not only have we not rebuilt the jobs that we had in March, people wonโt work. There are 11 million jobs open, which is creating more and more of an issue in terms of businesses, particularly small businesses being able to function. I went to Zaxbyโs the other day with my kids. They had a handwritten note in the window, Buck, saying, โWeโre closing early today.โ Zaxbyโs, a fast-food restaurant. Great chicken tenders, by the way. Free plug there. Great Zaxbyโs sauce, Zax sauce, one of the great sauces in fast-food restaurants.
They shut down โcause they didnโt have enough people to work in the evening. They just had a handwritten note in the drive-through, โWe had to shut down today, we didnโt have enough employees.โ Can you ever remember in your entire life going to a fast food restaurant and having a sign in the window that said we had to shut down because we didnโt have enough employees?
BUCK: Nope.
CLAY: This is crazy.
BUCK: Stephen Moore had a different take. You know, he was an economic adviser to President Trump. Weโve had him on the show. Iโve known Steve for years. Heโs basically telling everybody, yep, get ready for the recession thatโs coming.
MOORE: I donโt want to be a Chicken Little, but I am worried about this economy. This was a very strong jobs report, and we do have a surplus number of jobs over the people who are filling jobs. But, boy. You look at some of these other indicators right now in the economy, and theyโre all pointing south right now.
And the latest report from Gallup shows that only 20% of Americans, one in five, believe the economy is good or great; 75% think the economy is headed in the wrong direction. And so, I just worry, with all of this inflation out there and the higher prices are not keeping pace with wages, this may be the last good jobs report we have for a while. We are skating right on the edge of a recession right now.
BUCK: I think weโre heading for a recession, Clay.
CLAY: Oh, I think weโre headed for a recession too. And I just donโt know, when youโre driving around in your towns and you canโt find โ like, Buck, they canโt find people to work as lifeguards. People are not able to open pools right now, even in L.A. where apparently lifeguards can make โ
CLAY: $500 a day.
BUCK: โ up to $500,000 a year?
CLAY: I saw that story.
BUCK: I can work on my tan and my abs and make 500K? Iโm in the wrong business.
CLAY: I would think one of the great jobs of all time is if you are a teenager working as a lifeguard, but they canโt get people to work anywhere. And I think one of the reasons is we set the precedent that the government will pay you to do nothing, and there are a lot of people that bought into the idea that the government will pay them to do nothing, and a lot of those people arenโt willing to go back to work. And I think we drove a lot of people into early retirement. And this whole situation is just a mess. Lockdowns are the most disastrous decision our country has ever made probably in our lives.
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