Bloomberg Article
I found some interesting charts at the U.S. Bureau of Labor Statistics website. If you are at all interested in this kind of thing, I recommend browsing the graphs here. https://www.bls.gov/charts/home.htm
and at USAfacts.org https://usafacts.org/state-of-the-union/crime-justice/
All the graphs at which I looked at the BLS site show a dramatic peak or valley, usually beginning in February of 2020 and peaking in April, 2020. Coincidentally, the CDC reports that the worst of the Covid panic peaked in April of 2020. So, it looks to me as if all the graphs are just not reliable from about February of 2020 'til around December of 2021. Big spikes, peaks and drops during that period across the board.
For instance, unemployment leaped from 3.5% in February of 2020 ( the lowest ever in 16 years) to 14.8% in April, 2020. It then began a freefall and was back to "normal" in December of 2021, at 3.9%. During Team Biden, it got as low as the 3.4% again and is now trending back upwards.
President Trumps numbers were steadily falling when the Covid Panic took over and who knows how low he'd have brought the unemployment rate without the pandemic interference? Team Biden hasn't done any better and is, currently, trending worse again.
An interesting trend in the graph is that when Obama took over in 2009, unemployment was on a steady rise and got up to 10% in October, 2009 and then after that began a continuous descent until Covid. In just looking at the unemployment graph, it seems obvious that something about the Obama era began bringing unemployment down. Trumps efforts continued that. Covid made a brief spike of insanity and then Biden's people are slowly bringing it back up. Looks like Team Biden is slowly undoing the good work of Obama and Trump?
Then, we go to the Consumer Price Index. Once again, Obama and Trump ran pretty evenly
there, both of them doing better than Bush's team had. Obama had a good price drop early in his reign and there was a drop during the Covid Panic as well. Anyway, after Team Biden takes over, the CPI goes straight to the roof and stays there. Even after the peak subsides, the CPI is still higher under Team Biden than either Obama or Trump and it's again trending up. All the pricing charts show a huge spike under Team Biden, with a decline recently, followed by a current trend upward. The gasoline chart is REALLY bad as is the Food at Home chart.
So, here's how that's being twisted by Team Biden. Their policies cause a massive spike in prices across the board. Then, when They get closer to election, They manage to get those down. Still not down to Obama/Trump levels but better than the huge spikes we have been seeing. So, They can say that They're bringing inflation under control and prices down. Same concept as raising prices in a store by 20% and then having a 10% off sale.
The Bloomberg article also crows about crime rates coming down. In answer to that, I'll just quote directly from USAfacts.org:
"In 2022, the violent crime rate fell for the second consecutive year, down to 380.7 per 100,000 people. The property crime rate increased for the first time since 2001, up 6.7% to 1,954.4 per 100,000 people.
For the first time in two decades, larceny-theft crime rates increased (up 7.4%) in 2022.
In 2022, violent crime rates per 100,000 people decreased across all types of crimes, except for robbery."
Beginning in 2021, the property crime rates took a sharp upward turn as did Robbery. Robbery is classed as a "Violent Crime" in the ratings but goes along with the theft statistics.
So, Team Biden has just been riding the continuous downward slope of most crimes, credit for which needs to go to Law Enforcement officials, not Team Biden. Then when Team Biden took over and the Blue prosecutors began decriminalizing property crimes, property crimes began to rise. Who'd a thunk it?
Overall, the Bloomberg article is simply an election year puff piece with the facts twisted to their liking. Biden rode in on a Trump winning streak, F'd it all up really badly and is now saying that fixing the mess They made Themselves constitutes good governance. Sorry. Not.
I found some interesting charts at the U.S. Bureau of Labor Statistics website. If you are at all interested in this kind of thing, I recommend browsing the graphs here. https://www.bls.gov/charts/home.htm
and at USAfacts.org https://usafacts.org/state-of-the-union/crime-justice/
All the graphs at which I looked at the BLS site show a dramatic peak or valley, usually beginning in February of 2020 and peaking in April, 2020. Coincidentally, the CDC reports that the worst of the Covid panic peaked in April of 2020. So, it looks to me as if all the graphs are just not reliable from about February of 2020 'til around December of 2021. Big spikes, peaks and drops during that period across the board.
For instance, unemployment leaped from 3.5% in February of 2020 ( the lowest ever in 16 years) to 14.8% in April, 2020. It then began a freefall and was back to "normal" in December of 2021, at 3.9%. During Team Biden, it got as low as the 3.4% again and is now trending back upwards.
President Trumps numbers were steadily falling when the Covid Panic took over and who knows how low he'd have brought the unemployment rate without the pandemic interference? Team Biden hasn't done any better and is, currently, trending worse again.
An interesting trend in the graph is that when Obama took over in 2009, unemployment was on a steady rise and got up to 10% in October, 2009 and then after that began a continuous descent until Covid. In just looking at the unemployment graph, it seems obvious that something about the Obama era began bringing unemployment down. Trumps efforts continued that. Covid made a brief spike of insanity and then Biden's people are slowly bringing it back up. Looks like Team Biden is slowly undoing the good work of Obama and Trump?
Then, we go to the Consumer Price Index. Once again, Obama and Trump ran pretty evenly
there, both of them doing better than Bush's team had. Obama had a good price drop early in his reign and there was a drop during the Covid Panic as well. Anyway, after Team Biden takes over, the CPI goes straight to the roof and stays there. Even after the peak subsides, the CPI is still higher under Team Biden than either Obama or Trump and it's again trending up. All the pricing charts show a huge spike under Team Biden, with a decline recently, followed by a current trend upward. The gasoline chart is REALLY bad as is the Food at Home chart.
So, here's how that's being twisted by Team Biden. Their policies cause a massive spike in prices across the board. Then, when They get closer to election, They manage to get those down. Still not down to Obama/Trump levels but better than the huge spikes we have been seeing. So, They can say that They're bringing inflation under control and prices down. Same concept as raising prices in a store by 20% and then having a 10% off sale.
The Bloomberg article also crows about crime rates coming down. In answer to that, I'll just quote directly from USAfacts.org:
"In 2022, the violent crime rate fell for the second consecutive year, down to 380.7 per 100,000 people. The property crime rate increased for the first time since 2001, up 6.7% to 1,954.4 per 100,000 people.
For the first time in two decades, larceny-theft crime rates increased (up 7.4%) in 2022.
In 2022, violent crime rates per 100,000 people decreased across all types of crimes, except for robbery."
Beginning in 2021, the property crime rates took a sharp upward turn as did Robbery. Robbery is classed as a "Violent Crime" in the ratings but goes along with the theft statistics.
So, Team Biden has just been riding the continuous downward slope of most crimes, credit for which needs to go to Law Enforcement officials, not Team Biden. Then when Team Biden took over and the Blue prosecutors began decriminalizing property crimes, property crimes began to rise. Who'd a thunk it?
Overall, the Bloomberg article is simply an election year puff piece with the facts twisted to their liking. Biden rode in on a Trump winning streak, F'd it all up really badly and is now saying that fixing the mess They made Themselves constitutes good governance. Sorry. Not.
No comments:
Post a Comment