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Profile Information

Gender: Female
Hometown: NYC
Home country: U.S.
Current location: DC suburb
Member since: Wed Mar 10, 2004, 06:38 PM
Number of posts: 125,794

About Me

retired attorney

Journal Archives

Oh right, that'll work



One big, largely ignored source of inflation: Corporate greed....


Stronger now and getting stronger: Biden outlines accomplishments and priorities.

*From beating back COVID to creating over 6.5 million new jobs – the most in a single year in the nation’s history, he said – Biden outlined his administration’s accomplishments during the Tuesday night speech.

He also laid out his priorities for what comes next, proposing a “unity agenda” that shows once again that he is on the side of working families. He highlighted proposals to lower the cost of prescription drugs and child care, make it easier for workers to form strong unions, fight climate change, and more.

“Let’s pass the PRO Act,” Biden said. “When a majority of workers want to form a union, they shouldn’t be stopped. When we invest in our workers, when we build the economy from the bottom up and the middle out together, we can do something we haven’t done in a long time: build a better America.”

In Biden’s first year in office, the economy grew at the strongest rate in nearly 40 years, thanks in part to the American Rescue Plan, which provided much-needed support to working families during the pandemic’s second year and was made possible in part by AFSCME members.'>>>


Seven Achievements by Joe Biden in 2021 That No One Is Talking About

*7. Jobs, Wages and GDP
While many Americans remain pessimistic about the U.S. economy amid inflation that's hit a 40-year high, Biden's first year in office has seen considerable improvements in jobs and wage growth.

The unemployment rate fell to just 4.2 percent in November—a 21-month low and jobless claims fell to their lowest levels since 1969 in early December.'>>>


Biden's Economic Performance Has Proved Unbeatable.

No first-year president going back to Carter comes close to matching the current White House occupant’s No. 1 or No. 2 ranking in each of 10 key measures.

U.S. financial markets are outperforming the world by the biggest margin in the 21st century, and with good reason: America’s economy improved more in Joe Biden's first 12 months than any president during the past 50 years notwithstanding the contrary media narrative contributing to dour public opinion.

Exceptional returns from dollar-denominated assets, especially the S&P 500 Index in both absolute terms and relative to its global counterparts, can be attributed to record-low debt ratios enabling companies to reap the biggest profit margins since 1950. Corporate America is booming because the Biden administration's Covid-19 vaccination programs and $1.9 trillion American Rescue Plan reduced the jobless rate to 4.2% in November from 6.2% in February, continuing an unprecedented rate of decline during the Covid-19 pandemic.'>>>


The Biden Boom: Economic Recovery in 2021

President Joe Biden took office one year ago amid one of the worst economies in generations, but the U.S. economy has since made tremendous progress toward recovery, and workers are benefiting.

*More jobs were added, and unemployment fell faster than ever before>>>


Fast Facts: Record Firsts in President Biden's First Year

The President and Vice President made history growing our economy, addressing the climate crisis, and building a judiciary and government that represents America. Despite unprecedented challenges, 2021 was a year of record progress for working families.

Jobs: President Biden’s first year was the greatest year of job creation in American history, with more than 6 million jobs created.

Unemployment Rate: The unemployment rate dropped from 6.2% when Biden took office to 3.9%, the biggest single year drop in American history.

Unemployment Claims: The average number of Americans filing for unemployment has been near its lowest level since 1969. When the President took office, over 18 million were receiving unemployment benefits, today only 2 million are—also the biggest single year drop in history.

Economic Legislation Passed: Most significant by economic impact of any first-year president.>>>


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