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Friday, August 04, 2023

Hot Dogs!🌭

Biden keeps the jobs coming.

The jobs report for the month of July showed that it netted 187,000 jobs. Job growth in July was less than expected, pointing to slower growth in the U.S. economy, the Labor Department reported Friday.

Nonfarm payrolls expanded by 187,000 for the month, slightly below the Dow Jones estimate for 200,000. Though the headline number was a miss, it actually represented a modest gain from the downwardly revised 185,000 for June.

The unemployment rate was 3.5%, against a consensus estimate that the jobless level would hold steady at 3.6%.The rate is just above the lowest level since late 1969.

Average hourly earnings, a key figure as the Federal Reserve fights inflation, rose 0.4% for the month, good for a 4.4% annual pace. Both numbers were higher than the respective estimates for 0.3% and 4.2%.

Health care led job creation by industry, adding 63,000 jobs for the month. Other sectors contributing included social assistance (24,000), financial activities (19,000) and wholesale trade (18,000). The other services category contributed 20,000 to the total, which included 11,000 from personal and laundry services.

Leisure and hospitality, which has been a leading sector for most of the recovery in the Covid pandemic era, added just 17,000 jobs, consistent with a slowing trend after averaging gains of 67,000 a month in the first three months of 2023.

Previous months’ totals were revised lower — the June count dropped to185,000, a downward revision of 24,000, while May was cut to 281,000, down 25,000 from the previous estimate.

Even with the slowing job gains, the economy has proved resilient against a variety of challenges, particularly a series of 11 Federal Reserve interest rate hikes aimed at bringing down inflation.

Most Wall Street experts have been forecasting a recession at least for the past year, but growth has managed to stay positive as consumers keep spending and the services sector rebounds from its pandemic-related disruptions.

Gross domestic product gains have averaged 2.2% annualized for the first half of 2023, and the Atlanta Fed’s GDPNow tracker of growth is pointing to a 3.9% gain for the third quarter.

McCarthy threatens an impeachment inquiry into Biden.

However, Fed officials including Chairman Jerome Powell have warned that the full effect of the rate increases has not been felt yet. Economists worry that the Fed could overtighten and send the economy into recession.

Inflation data of late has been moving in the right direction. However, the Fed’s preferred gauge is still showing prices rising at a 4.1% annual rate, or more than double the central bank target.

Wages have been one component of the inflation picture. Average hourly earnings had been declining, though the annual figures are somewhat distorted by comparisons to a year ago when wages were surging.

A Labor Department gauge that the Fed follows closely showed compensation costs rising at a 4.5% 12-month rate through the second quarter. That level is not consistent with the Fed’s inflation target.

At the same time, recession fears on Wall Street appear to be ebbing. Goldman Sachs has been slowly reducing its probability for a contraction, and Bank of America this week said it now.

So while we are talking about the jobs report, here are some things observed.

As expected, the noise will be concerned about former president Donald J. Trump's indictment by U.S. Special Prosecutor Jack Smith. The former president who I call Washed Up 45 faced a four count indictment for his role in the Jan. 6 attack. He also is facing another possible indictment in Georgia.

Biden signed a declaration to name portions of Mississippi a part of the Emmett and Mamie Till National Historic Park. Emmett was lynched in 1955 after he was accused of whistling at Carolyn Bryant Donham. The woman died in early 2023.

Republicans have hinted an impeachment inquiry in the allegations of President Joe Biden taking a bribe. The Republicans have no evidence but they are still riding on this Hunter Biden conspiracy theory.

McConnell had a health scare.

With the distractions cranked up to 1000, Republicans continue to offer nothing but culture wars and conspiracy theories. For example, the far right is obsessed with the U.S. Secret Service finding a suspicious package at the White House on Sunday and had it determined to be possibly cocaine. Without evidence and a possible libel, they assume it belongs to Hunter Biden, the troubled son of the president. The far right has been obsessed with the news of this instead of having policies that deal with gun violence, climate change, lowering inflation and fixing infrastructure.

They sure love to brag about the appropriations coming to their districts and not credit the Infrastructure Investment and Jobs Act as a reason to this. Several Republicans who voted against the law are now bragging about several projects and benefits.

The junk food media is hyping Robert F. Kennedy, Jr. and Cornel West as the saviors to the left. Both candidates appear to be spoilers and chaos agents being propped up by the far right and leftists.

The Supreme Court refuses to get ethics reform in the wake of Clarence Thomas and Samuel Alito getting lavish expenses from Republican donors who eventually bring cases to the Supreme Court.

Ron DeSantis is falling behind. He is now in third place against conspiracy theorist Vivek Ramaswamy. He riled up the Black Republicans with this notion that slaves benefited in skills of trade. The Florida governor has continued to stay in the culture wars and attack mode despite the campaign's warnings. The campaign wants him to ease up and speak to media outside the right wing bubble.

Mike Pence may not be able to be on the debate stage. Although he did not flatly condemn Trump, he did say that he should not be allowed back in the White House after the indictment. Pence wrote notes and they're in the hands of Jack Smith. Besides Pence, and Nikki Haley, many former Trump advisers refuse to back his bid. They said he is a real threat.

Upon coming back from their recess, Congress must pass a budget or face a government shutdown. The far right Republican are proving to be a headache. They vow to stall legislation after they felt that House Speaker Kevin McCarthy (R-CA) caved to Biden.

Israel is closer to a civil war. Prime Minister Benjamin Netanyahu and the Israeli government have agreed on reforms to the Supreme Court. The pressure is on for war crimes against Israel during their attack on Jenin in the West Bank.

Washed Up 45 has another federal indictment.

Ukraine is now using drones to target buildings in Moscow, Russia. Ukraine and Eastern European Countries are being blocked from the Black Sea due to Russian vessels imposing an embargo on grains.

Russia is struggling in this. Ukraine as well but the European Union and NATO has continued to offer weapons to the country.

Greece has wildfires.

Canada has wildfires. Prime Minister Justin Trudeau is separating from his wife of 18 years Sophie. The prime minister faces a tougher reelection in 2025.

California, Arizona, New Mexico saw temperatures over 100.

People are dying in Texas, Louisiana, Mississippi, Alabama, Georgia and Florida. Their energy grids are collapsing. Texas refuses to join and it has been suffering during these excessive heatwaves.

The SAG-AFTRA and WGA strike continues and it is affecting fall television, radio and movies. Fran Drescher, the union president and actress has vowed to pressure the executives to agree to paying workers more with the possibility of streaming and artificial intelligence becoming a thing.

Barbie is closing in on nearly $1 billion in ticket sales. Oppenheimer is doing very well at the theaters. If the Teenage Mutant Ninja Turtles: Mutant Mayhem flops, it will be because of Ice Cube. The rapper/actor/director talked to white nationalist Tucker Carlson and appears to be backing Trump in 2024.

Yes, folks are working two jobs. I am a testimony of that. But I am confident that in the short term I will have all the resources to reapply for the job I prefer.

The Congress has less work than most Americans. It is infuriating that the average worker works more hours than 157 House members and 36 senators.

Republicans see the only path to victory is basically obstruct and complain about the president. They won't offer solutions or policies. All they care about is trying to keep folks angry with culture wars and distractions.

President Joe Biden's headaches:

  1. The Republicans in the House of Representatives.
  2. The media asking him about Washed Up 45's controversies.
  3. The Supreme Court making controversial decisions that impact the country.
  4. Gun violence and Congress not doing anything to stop it.
  5. Inflation.
  6. Sen. Mitch McConnell (R-KY), Sen. Lindsey Graham (R-SC), Sen. Ted Cruz (R-TX), Sen. Rand Paul (R-KY), Sen. Josh Hawley (R-MO), Sen. J.D. Vance (R-OH), Sen. Joe Manchin (D-WV), Sen. Kyrsten Sinema (I-AZ), Sen. Elizabeth Warren (D-MA) and Sen. Bernie Sanders (I-VT).
  7. Rep. Kevin McCarthy (R-CA), Rep. Steve Scalise (R-LA), Rep. Ronny Jackson (R-TX), Rep. Paul Gosar (R-AZ), Rep. Jim Banks (R-IN), Rep. Alexandria Ocasio-Cortez (D-NY), Rep. James Comer (R-KY), Rep. Elise Stefanik (R-NY), Rep. Ro Khanna (D-CA), Rep. Jim Jordan (R-OH), Rep. Henry Cuellar (D-TX), Rep. Matt Gaetz (R-FL), Rep. Marjorie Taylor Greene (R-GA), Rep. George Santos (R-NY), Rep. Byron Donalds (R-FL), Rep. Lauren Boebert (R-CO) and Rep. Cori Bush (D-MO).
  8. Republican governors Ron DeSantis, Kay Ivey, Greg Abbott, Sarah Huckabee Sanders, Bill Lee, Glenn Youngkin, Kristie Noem, Kim Reynolds, Brian Kemp, Brad Little and Greg Gianforte.
  9. Judges appointed by Washed Up 45.
  10. The junk food media and their never ending dramatizing of world events.
  11. Anti-Vaxxers. 
  12. Lawmakers and activists who protest the CDC guidelines during the pandemic.
  13. The endless culture wars that Republicans find outrage in.
  14. Washed Up 45 and his minions on Fox, Newsmax, OANN and the internet.
  15. Facebook, Twitter and TikTok. The idiots who run it and the idiots who post on it.
  16. Fox, Breitbart, Libs of TikTok, The Daily Mail, Newsmax and OANN's relentless talk about conspiracies. The endless attacks on the president's age, First Lady Jill Biden, Hunter Biden, Ashley Biden and the conspiracies about the president's mental capacity and health.
  17. The endless racism towards Biden's allies Vice President Kamala Harris and former president Barack Obama.
  18. The relentless talk about spending despite the former president's reckless spending.
  19. The lack of civility towards fellow Americans.
  20. Vladimir Putin.
  21. Xi Jinping.
  22. Kim Jong-Un.
  23. Benjamin Netanyahu.
  24. Alexander Lukashenko.
  25. Mohammed bin Salman Al Saud.
The coronavirus doesn't care about your age, race, gender, sexuality, nationality, religion, politics, economic or social standings. It doesn't care about your business, your performances, your personal finances and travel. It doesn't care about the funerals, the birthday parties, the weddings, the vacations, the events and your graduations.

An active shooter doesn't care about the politics, race, gender, sexuality, nationality, religion, your finances, your family, your plans that day, your successes, your failures, and most importantly, your life.

Democrats are staying quiet. The Republicans are creating the noise.

You're not safe in the school, the concert, the hospital, the church, the casino, the bus station, the subway, the light rail train, the buses, the malls, the local big box store, the political rally, the protest rally, the women's center for reproductive surgeries, the mosque, the synagogue, the state buildings, the workplace, the gas station, the family picnic, the food truck rally, the funerals, the birthday parties, the graduations, the wedding, the televised events, the sporting events and many more events that have some terrorist with a firearm. Domestic violence, suicide, racism, culture war inspired, politically motivated and international operative inspired are types of gun violence.

Food prices, energy prices, rent, city services and college education have risen. Companies are struggling to find workers. They are now trying to push incentives to get workers in.

Real Reasons To Why Unemployment Rate Stays The Way It Is!

  1. DEAD
  2. BORN
  3. THE PANDEMIC
  4. CLIMATE CHANGE
  5. IN PRISON
  6. IN ELEMENTARY SCHOOL
  7. IN MIDDLE SCHOOL
  8. IN HIGH SCHOOL
  9. IN COLLEGE NOT LOOKING
  10. VOLUNTEER
  11. DISABLED
  12. INFLATION
  13. STAY AT HOME PARENT
  14. RETIRED 
  15. QUIT ON THEIR OWN
  16. TERMINATED FROM EMPLOYMENT 
  17. NOT HIRING UNQUALIFIED
  18. NOT HIRING TOO QUALIFIED
  19. ACTIVE MILITARY
  20. NATURAL DISASTERS
  21. MASS SHOOTINGS DISRUPT DAILY ROUTINE
  22. BEING LAID OFF DUE TO CLOSING OR STAFF REDUCTION
  23. DESTRUCTION TO FACILITY OR PROPRETY
  24. OUTSOURCING JOBS TO OTHER STATES OR COUNTRIES
  25. BEING UNDOCUMENTED IN FEAR OF I.C.E. OR U.S. AGENCIES
  26. BEING PUBLICLY OUTED ON SOCIAL MEDIA DOING SHAMEFUL ACTS
  27. PARTICIPATING IN UNCIVIL OR VIOLENT PROTESTS

Jobs are looking good despite fears of an economic slowdown.

Companies are still trying to hire employees. With the average wages stagnant, many are not looking forward to returning to a job that pays dirt wages. Many who worked in the retail, restaurant and low end service industry are not willing to take a job for less than $10 an hour. Matter of fact, no one can survive on $15 an hour.

Republicans don't see the bigger picture itself. They rather continue to believe in conspiracies about people collecting the safety net and not going back to work.

Give them a liveable wage and maybe things might improve in the job market.

We can't always assume that folks are lazy. People are literally dying from being exposed to the coronavirus and folks are tired of the status quo of their jobs.

Many single mothers are having trouble trying to find quality daycare or family members to watch children. On top of that, some have lost family members due to the pandemic. A homemaker may have lost their spouse. Some may have no choice but to watch their children or loved ones due to the aftermath of the pandemic.

Folks are still trying to rebound from medical bills, late rent payments, owing taxes and college loans.

Republicans are white nationalists without a conscience. 

Washed Up 45's presidency and Republican controlled governments killed millions of Americans. Biden has a slim majority in Congress and things can't be done with obstruction from both parties.

Holding these lawmakers accountable is not just a pledge, but a promise. You need to learn who represents your community. Your local community member, your school board member, your mayor, your state representative, your state senator, your governor, your U.S. Representative, your U.S. Senator and the president need to be held accountable for their actions. 

We need to put pressure on Republicans and Democrats to do something to improve everyone's lives.

The call number to the U.S. Capitol is now going to be used. This is the official phone number, 202-224-3121. Let them know that "thoughts and prayers," "hearts going to" and "good guys with guns" are no longer acceptable and you want legislation to curb gun violence. Let them know that women deserve the right to safe medical procedures. Let them know that their failure to pass legislation to lower prices are the reasons why the economy is in a free fall.

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