Is the Labor Market Really as Good as the Administration Says?
Between out-of-control inflation, ongoing supply-chain struggles, the crisis at the southern border, foreign policy concerns, exploding energy prices, rising crime, and a high likelihood that the country is either already or soon will be experiencing stagflation (an inflationary recession), it’s no wonder that Democrats and the Biden administration are talking up the strong labor market. A recent tweet on the Democrats’ official Twitter page stated, “Under Joe Biden, the private sector has recovered all of the jobs lost during the pandemic—and added jobs on top of that.” That statement is…
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