Schumer Exposes Trump's Job Gains Stimulus Pumped Up Fraud

[applegrove]

BY JASON EASLEY at PoliticusUSA

Schumer Exposes Trump’s Job Gains Stimulus Pumped Up Fraud

https://www.politicususa.com/2020/06/05/schumer-jobs-report-stimulus.html

"SNIP.....

Senate Democratic Leader Sen. Chuck Schumer (D-NY) warned that the jobs numbers were pumped up by stimulus money, and without more, it will collapse.

.....

Sen. Schumer: Well, it tells us that we still have a very long way to go. There’s a great anomaly here. The president says it’s “stupendous,” the president says “it’s a joyous day,” when we have almost 20 million people out of work, when the unemployment number went down, but it’s still much higher and higher than any time during the Great Recession after 2008. And why did this happen? In large part because of the stimulus. Because of the plans that we put together mainly pushed by Democrats to pump trillions of dollars into an economy that was just headed in free-fall. Here’s my worry, Stephanie. My worry is that these numbers will make the president, the Republican Senate, complacent. We have lots of cliffs coming up.

......SNIP"

[doc03]

1. I will refrain from comment it would be against the rules.

[sinkingfeeling]

2. If there were 157 million in the workforce and around 40 million

are unemployed, how could it possibly be a rate of 13.3 %?

40÷157=25.4%

[NoMoreRepugs]

3. THIS.

[gristy]

4. from the OP, 20 million are out of work

20 / 157 = 12.7%

[ProfessorGAC]

5. Which, While True...

...seems an awfully big number to be bragging about it.

[sinkingfeeling]

6. The Washington Post says over 40 million have applied for

unemployment and 21 million are currently receiving it. I doubt if one applies for the insurance if they aren't without a job.

https://www.washingtonpost.com/business/2020/06/04/unemployment-claims-coronavirus/

[lostnfound]

7. I'm going to retire 7 years early and won't be counted.

There are tons of people who won’t apply for benefits. They retir early, live on less, live in a state where benefits are suppressed...

[ms liberty]

9. I am on unemployment until my business reopens

So yes, there are people like that. I think part of it may be that the states may have had issues with accurate reporting in April due to the sheer numbers applying and the overwhelming of the systems. I was originally shown as a permanent lay off, when I am just on temporary furlough.

[crickets]

8. Well, Chuck...

Here's the thing: your biggest problem in getting more stimulus aid passed isn't just 'the Republican Senate' - it's Mitch McConnell. You might want to mention that next time.

Every time.