So, please, do everyone a favor and don’t put them in the same sentence together like you did above.
Common factors are common factors. Deal with it.
Trump was not going after the law as the problem. He was going after the misuse of the law as a political hit job. Trump will appeal the ruling, but after the election before we get results. Who agrees with Trump? The GOP in the House. Let’s see what the upper court says.
Bidenomics - unemployment has gone down.
It is all in how you play with the numbers to put a political spin for votes. What happens is that you can only draw unemployment for so long. Depending on the extensions. Maybe a couple of years. Then you are off unemployment. Then guess what! The unemployment rate goes down. But you’re still not working and not getting an unemployment check. You’re spending your time standing in the food lines.
So, let’s look at the number of unemployed to see what the real picture is.
Using the pre-pandemic rate as a base line.
The number of unemployed is the same today. Which shows the covid is not a factor anymore.
The number of unemployed people is up 16%. So, from 2020 to June this year the number of unemployed people not on unemployment is up 16%. While the number of workers on unemployment is the same.
Another point. The payroll of the workers is up 15%. So, what is the rate of inflation. Is the increase able to keep up with inflation? According to the Biden departments, you know where you are getting the unemployment data. The rate of inflation is only 3.28%. With Trump the same departments said the inflation was 1.2%. That means that workers are have gotten a pay increase of 12% more than inflation. Do you think you can trust the governments numbers?
We all know that inflation has been and still is more than 3%. Food, energy, gas, services, and dry goods have averaged a 20% increase. The government does not count the rising cost of food and energy in inflation because they say it can go up or down.
The government will not increase the food payments with the actual costs. Because they say people can eat beans instead of meat for the same protein. If the cost of bugs goes down. They will tell us to eat bugs.
Point being. Governments can and have spent their way back to a good operating economy with everything costing more. But trying to do that without a good manufacturing base can lead to a disaster.