The U.S. Labor Department reported that the economy added 209,000 jobs in June and the unemployment rate came in at 3.6%, down from May's 3.7%. It was the 29th straight month of positive job growth and the unemployment rate stayed in the 3% range for the 17th straight month. The numbers tell the story of an economy that has been solid since President Biden's policies took root even though one would think not so if they listen to the negative voices in the media and the GOP whose recession predictions and doom and gloom projections for the economy have been wrong for the past year.
Thanks to PolidiDose commentary and commentary from journalist Froma Harrop. the positive news concerning the economy is being told. There was a time in America when the media informed the people on the facts and the positive actions taking place to move the country and its people forward. Now the main street media has joined the likes of the Fox News Network and the GOP with their negative attacks on everything good about the U.S. economy. Ms. Harrop in her excellent commentary titled, "Biden's economy is Boffo" takes the GOP and the media to task for their negative voices on the economy and like previous PolitiDose commentary spells out the accomplishments of the Biden economy and its positive benefits.
The greatest threat to the U.S. economy comes from those negative voices because they ae the same ones who urged the Feds to raise interest rates high and fast originally and believe the only way to fight so called inflation is to weaken the economy, raise unemployment and see wages fall. In other words, they have no answer, they just oppose the President's agenda.
In the mean time the economy continues to move forward, create jobs, lower the unemployment, reduce inflation and the consumers are still spending and wages are still rising. And all the while, the GOP is still the "do nothing party." PolitiDose, in its commentary will continue to inform the public of those positive issues that are taking place in America so the people can judge against the negative voices of doom and gloom. And this writer believes Ms. Harrop will continue to do the same.
This commentary written by Joe Lorio
