Sunday, February 26, 2023

Another First For PolitiDose Commentary.

For the past two years the negative voices of the GOP and their enablers adopted the doom and gloom opine concerning any policy and plans coming from the Biden administration.  For them, everything has been negative about the economy, job creation, foreign policy, deficit spending, the national debt, inflation, unemployment recession and the negative beat goes on and on.

PolitiDose commentary over two years ago dated 11/28/20 and 1/23/21 expressed the negative comments would take place because the GOP and their enablers have nothing left.  Their divisive talk is to cover their own failed past which is confirmed by history.  They are also aware that history tells the story that the democratic party are best at governing.  So the negative attacks, misinformation and lies are a part of their agenda to confuse and divide.  They have no positive or progressive record of their own to talk about.  

The big question that needs to be answered still remains.  How can a large part of the media in general continue to enable the GOP's corrupted agenda and fail to report the sad truth how the GOP has failed the country and its people with such consistent misinformation, lies and allow the GOP's past history to be ignored. 

Is it any wonder why so many Americans are uninformed of facts and what is taking place.  A positive nation is one that knows the facts.  The media has taken the country down the negative road because they have chosen to sell the negative slant for higher ratings.  And the Fox News network leads the pack.  The media is still in love with Trump, a former President who has committed traitorous acts and continues to enable his anti-American rhetoric. 

And PolitiDose was there from the beginning to tell the true story how the positives that always drives America have been forgotten in favor of the negative rhetoric of the GOP and fueled by the media's embrace of the negative voices.  The country has just completed two years of an economy that has created a record number of jobs, the lowest unemployment in over 50 years, a consumer that is spending despite inflation and so much more but all the media wants to talk about is recession and the negative that have proved them wrong all along so far.

So my fellow Americans, stay tuned to PolitiDose for your daily dose of political commentary.  

This commentary written by Joe Lorio  

Saturday, February 18, 2023

Raising The Nations Debt Ceiling: The Democratic Party Has The Best Negotiation Position Now, In The Past and For The Future. The GOP Only Has Its Failed Rhetoric.

The Republican controlled U.S. House is playing a "game" with raising the nation's debt ceiling in lieu of having a policy.  It's their "game" of federal spending when democrats control the White House, but have a big problem because they cannot walk their own talk regarding federal spending and creating debt.  They want a commitment from President Biden to reduce federal spending for their vote to raise the debt ceiling.

But the President said no deal, the debt limit needs to be raised so the federal government can pay the bills due and those already passed by congress.  He wants a clean bill just like it should be and has been done in the past.  Biden knows past GOP administrations have raised the debt ceiling with no such promises of reducing spending even though they had a chance to do so recently under President Trump for 4 years.

Democratic administrations are far ahead of GOP administrations on the issue of reduced federal spending and reducing deficit spending so "they" can control the debate on the subject and not the GOP.  President Biden's first fiscal year budget that ended 9/30/22, federal spending was down 8% from Trump and the GOP's last fiscal year budget that ended 9/30/21 and was even lower than Trump's third fiscal year budget.  Deficit spending was also down over 50% from Trump's last deficit in in fiscal 9/30/21.  During Trump's 4 fiscal years federal spending increased 41% over President Obama's last 4 fiscal years.  Federal spending under President Obama's 8 fiscal years was up only 25%.

During the 8 fiscal years of Reagan federal spending exploded and was up 75%.  Federal spending under the 4 fiscal years of President Geroge H.W. Bush increased 51%.  Federal spending under the 8 fiscal years of Bill Clinton increased 28%.  It increased an even 14% in each of his terms.  So, it is the democratic party that hold the upper hand when it comes to reducing federal spending.  The GOP is not even close because they have failed big time to control their own party's big spending problems.  Their spending, deficits and tax cuts for the wealthy and corporate America is responsible for 65% of the national debt that took place between President Carter's last fiscal year and President Trump's final fiscal year that ended 9/30/21.

So, my fellow Americans, it is the democratic administrations that has the best negotiation position for reducing federal spending.  They have been there, done that and walked the talk.  They proved it is not a "game" and governing is about policy and plans, not ideology and children's "games."  Unfortunately,  the media has enabled the GOP to play their children's "games" and not challenge their rhetoric of misinformation.

PolitiDose has exposed those "games" for the past 9 years in political commentary.

This commentary written by Joe Lorio 

 

Sunday, February 5, 2023

The U.S. Economy, Job Creation and the Unemployment Rate for January 2023.

 The U.S. Labor Department reported the economy added a whooping 517,000 jobs in January and that the unemployment rate fell to 3.4%.  It was 3.5% in December.  It was the 24th straight month of positive job growth and the department made it clear the gains were spread throughout the economy.  The 3.4% unemployment rate was the lowest since 1969.

The department also reported the good news that U.S. job openings rose to 11 million in December, up from 10.4 million in November that indicates employers are still seeking to hire people and continue adding jobs.  Other good news on the economy was the fact that 5.7 million people in the U.S. were unemployed, the lowest since 2000.  The numbers tell the story of an economy that continues to add jobs and lower unemployment in a sustained way over a period of time and has been steady in doing so.

And all the while the negative voices of doom and gloom have been wrong about their predictions of a deep recession and a prolong period of a collapsed economic system.  The noise will continue because that is all the negative voices have left.  They are choking on their predictions that the economy would add 188,000 jobs in January.  The big shame is how the media enables the negative voices by publishing and running their doom and gloom fairy tales, especially their speculation of a recession in the 3rd. quarter of 2022.

The economy has added over 11 million jobs in President Biden's first 24 months in office.  That exceeds all the jobs created by the GOP's Herbert Hoover administration that lost 6.4 million jobs in 4 years;  Eisenhower's administrtion that gained 3.5 million jobs in 8 years:  George H.W. Bush administration that gained 2.5 million jobs in 4 years:  George W. Bush administration that gained 1.3 million jobs in 8 years and the Trump administration that lost 2.7 million jobs in 4 years.  And those 5 GOP Presidents served a total of 24 years.  In other words, President Biden in his first 2 years continues the precedent during the past 90 years of democratic administrations creating more jobs than the GOP and by a large margin.  Governing with policy and plans will always have a greater return and benefit for the country and its people than governing by ideology.  

Precedent does not lie, it tells a story and can be used to make a judgement about the future.  Too bad the media is so ill informed and influenced by the GOP's talking points that contain lies and misinformation.  The negative voices will continue their assault on the facts and their doom and gloom talking points but Politidose commentary will continue to report the good news about the economy as it takes place.  It was precedent that allowed Politidose commentary to predict the economic progress the country would make under the administration of President Biden and did so in commentary in December 2020 and January 2021.  And you read it here first in Politidose.

This commentary written by Joe Lorio