Joe Biden blasts Trump for 'spiking the ball' on economy while millions remain unemployed
Source: USA Today
Former Vice President Joe Biden, the presumptive Democratic nominee for president, accused President Donald Trump of "spiking the ball" Friday by celebrating improving jobs numbers when 20 million people are still unemployed.
Donald Trump still doesnt get it," Biden said at Delaware State University, a historically black school, in Dover. "Hes out there spiking the ball completely oblivious to the tens of millions of people who are facing the greatest struggle of their lives. These folks arent feeling any less pain today than they were yesterday." His speech came on a day of improving job and unemployment figures that beat the projections of many economists. The unemployment rate fell to 13.3% in May, down from 14.7% in April. And the economy gained 2.5 million jobs, after 20.5 million were lost in April.
Trump celebrated the gains in a Rose Garden news conference Friday morning, saying the economy is making "a big comeback" after being decimated by the coronavirus pandemic.
Biden congratulated those who found jobs. But he said there were still 13 million fewer jobs than when he and former President Barack Obama left office. Hispanic unemployment is four times higher than "when Trump botched his response to the pandemic," Biden said.
Read more: https://www.msn.com/en-us/news/elections-2020/joe-biden-blasts-trump-for-spiking-the-ball-on-economy-while-millions-remain-unemployed/ar-BB1567E5?li=BBnb7Kz
The unemployment rate never got as high as 13 percent even in the midst of the Great Recession at the start of the Obama/Biden Presidency.
Now, companies are still going out of business. There are a lot of folks who are not technically unemployed, but are furloughed while businesses have been shut down, who are not actively seeking a new job. The unemployment rate also misses people who lost their jobs but cannot look for or do work because of stay-at-home orders to slow the spread of COVID-19.
empedocles
(15,751 posts)C_U_L8R
(45,003 posts)Yuck.
empedocles
(15,751 posts)Budi
(15,325 posts)empedocles
(15,751 posts)Bengus81
(6,931 posts)Newest Reality
(12,712 posts)Ignoring the pandemic and the fact that is not gone, over or under control is also a factor that would be best served by various forms of mitigation, especially economic, before the spikes and waves come.
This is not a situation where anyone who is responsible for the outcome can say, "Oh, we didn't know it was coming or would be THIS bad." The convenience of feigned ignorance is going to be deadly and calamitous in so many ways that our potential collapse as a country will be what's at stake. That's a big deal to me. The biggest.
An ounce of prevention is worth a pound of cure, but we could update that to tons. I can't stomach this Neo-liberal, JIT approach anymore because it is the cause of much heartache, chaos and hardship to come. That could be prevented NOW, not LATER.
Budi
(15,325 posts)He IS the Dem candidate for 2020
~ & we are so fortunate & grateful that he is
💙#Biden2020
ProfessorGAC
(65,076 posts)Stop the message before it's even launched. Many should take Biden's lead, posthaste.
Guilded Lilly
(5,591 posts)There is nothing we can genuinely do about the ignorance and pathos of the Cretin supporters. They are and forever will be who and what they are. We wont change them...just invalidate their worth. Quit agonizing and giving them the crappy attention they thrive on.
But we can fire up those who are reachable, who didnt vote...knock the complacency out of them, get them focused on the goals of MAKING it a better country again.
These younger generations are coming alive with passion and desire to change things for the better. Much like we did when we were younger. A lot of us, anyway.
We need Joe to glow with the alternative. Decency, compassion. Class. Hope. And the guts, experience, fighting spirit, character and refusal to accept the Bullshit.
so...
Good for Joe and good for us!
DallasNE
(7,403 posts)The report for May is totally worthless because millions were counted as employed that should have been counted as unemployed. It's all explained here.
Hold your horses. The jobs numbers released this morning are corrupted by a massive reporting error that will likely be corrected next month. Also, the jobs numbers for March and April were adjusted downwards by a combined 642,000. The estimate is that the current unemployment rate should be a whopping 3% higher than what is being reported or 16.3% and up from the 14.7% reported in April. All of the good headline numbers are smoke and mirrors. Following is the footnote in the actual BLS report explaining. "If the workers who were recorded as employed but absent from work due to "other reasons" (over and above the number absent for other reasons in a typical May) had been classified as unemployed on temporary layoff, the overall unemployment rate would have been about 3 percentage points higher than reported (on a not seasonally adjusted basis)." In other words, they counted about 20 million people as "employed but absent" that should have been counted as "unemployed on temporary layoff" Instead of adding 2.5 million jobs they should have been reported as a 17.5 million increase in the unemployment category. The House must look into how an error this massive could have happened. Heads need to roll over this.