In any discussion of the economy in its current state, an important point must be made: inflation is a global issue and President Joe Biden is not the king of the entire world. Unlike his predecessor, the twice-impeached ex-president who lost the popular vote twice, he doesn’t want to be.
On everything about the economy that Biden actually can control, numbers and expectations are soaring.
Private sector job growth remains STRONG. America is getting back to work:https://t.co/YfL2QrKzUy
— Ronald Klain (@WHCOS) March 30, 2022
Republicans will insist, however, that inflation is the entire metric of the economy and that Biden has utterly failed the economy during his presidency. They’ll say that the rising jobs numbers don’t acknowledge two factors: people returning to work after the COVID-19 pandemic and those who have fallen off the rolls because they stopped looking for a job. According to actual economists and statistics available to those reporting gains,
US News and World Report says that:
‘All indications are that the labor market has returned to the levels before the coronavirus struck two years ago. On Tuesday, the Labor Department reported that the number of current open positions was 11.2 million, meaning there are more jobs than there are people to fill them.’
