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‘Anyone Who Thinks This Is Economy Is in Recession Is Bananas’: Economists Cheer ‘Hot’ Biden Jobs Report

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Economists and economic experts once again are cheering the latest jobs report that beat expectations and shows not only did unemployment drop to 3.5%, it hit a new 50-year low as 223,000 jobs were added.

“For the year, the economy added 4.5 million jobs, the second-most on record,” The New York Times reports, neglecting to note the the record was set just one year earlier in 2021, also under President Joe Biden. “The unemployment rate ticked down to 3.5 percent, back to its low point from before the pandemic.”

“Wall Street is very happy with this number,” CNBC’s Andrew Ross Sorkin said on MSNBC. He added that the Fed’s strategy of raising interest rates to combat inflation and avoid recession looks like it may be working better than expected.

“A trifecta of good news,” MSNBC’s Stephanie Ruhle noted, calling the job numbers “robust.”

“It’s hard to say this is not a good jobs report, it just is,” Ruhle announced.

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“Anyone who thinks this is economy is in a recession is bananas,” declared popular University of Michigan School of Economics Professor Justin Wolfers. He notes the jobs report “comes in HOT again, adding 223k jobs, which is both robust in its own right, and stronger than expected.”

Wolfers also used the “trifecta” analogy.

“Lemme draw a line under today’s jobs report: Rapid job growth, record low unemployment, and wage growth running at levels likely to cool inflation is an astonishing trifecta of good news,” he explained.

“I’ve just calculated the unemployment rate to extra decimal places, and December’s rate of 3.468% is a new 50 YEAR LOW, the lowest rate since 1969,” he added excitedly.

Political strategist Simon Rosenberg, founder of a liberal think tank, explains the bigger picture.

READ MORE: CPAC Chair Matt Schlapp ‘Grabbed My Junk and Pummeled It’ Says Former Walker Staffer

President Biden “is averaging almost 50 times the jobs created per month as last 3 GOP Presidents averaged.”

He shows how jobs surge under Democratic presidents, and says since 1989, 96% of jobs have been created under Democratic presidents.

Wolfers also threw in some political sarcasm, tweeting: “Note that the mass unemployment of elected-but-not-yet-seated-and-so-not-on-payroll Congressional Representatives occurred after these December employment numbers, and they should affect the January report.”

 

Image: Matt Smith Photographer / Shutterstock

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Gag Order Breach? Trump Targeted Cohen in Taped Interview Hours Before Contempt Hearing

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April 24, 2024

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Hours before his attorneys would mount a defense on Tuesday claiming he had not violated his gag order Donald Trump might have done just that in a 12-minute taped interview that morning, which did not air until later that day. It will be up to Judge Juan Merchan to make that decision, if prosecutors add it to their contempt request.

Prosecutors in Manhattan District Attorney Alvin Bragg’s office told Judge Juan Merchan that the ex-president violated the gag order ten times, via posts on his Truth Social platform, and are asking he be held in contempt. While the judge has yet to rule, he did not appear moved by their arguments. At one point, Judge Merchan told Trump’s lead lawyer Todd Blanche he was “losing all credibility” with the court.

And while Judge Merchan directed defense attorneys to provide a detailed timeline surrounding Trump’s Truth Social posts to prove he had not violated the gag order, Trump in an interview with a local television station appeared to have done so.

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The gag order bars Trump from “commenting or causing others to comment on potential witnesses in the case, prospective jurors, court staff, lawyers in the district attorney’s office and the relatives of any counsel or court staffer, as CBS News reported.

“The threat is very real,” Judge Merchan wrote when he expanded the gag order. “Admonitions are not enough, nor is reliance on self-restraint. The average observer, must now, after hearing Defendant’s recent attacks, draw the conclusion that if they become involved in these proceedings, even tangentially, they should worry not only for themselves, but for their loved ones as well. Such concerns will undoubtedly interfere with the fair administration of justice and constitutes a direct attack on the Rule of Law itself.”

Tuesday morning, Trump told ABC Philadelphia’s Action News reporter Walter Perez, “Michael Cohen is a convicted liar. He’s got no credibility whatsoever.”

He repeated that Cohen is a “convicted liar,” and insisted he “was a lawyer for many people, not just me.”

READ MORE: ‘Old and Tired and Mad’: Trump’s Demeanor in Court Detailed by Rachel Maddow

Since Cohen is a witness in Trump’s New York criminal case, Judge Merchan might decide Trump’s remarks during that interview violated the gag order, if prosecutors bring the video to his attention.

Enter attorney George Conway, who has been attending Trump’s New York trial.

Conway reposted a clip of the video, tagged Manhattan District Attorney Bragg, writing: “cc: @ManhattanDA, for your proposed order to show cause why the defendant in 𝘗𝘦𝘰𝘱𝘭𝘦 𝘷. 𝘛𝘳𝘶𝘮𝘱 should not spend some quiet time in lockup.”

Trump has been criminally indicted in four separate cases and is facing a total of 88 felony charges, including 34 in this New York criminal trial for alleged falsification of business records to hide payments of “hush money” to an adult film actress and one other woman, in an alleged effort to suppress their stories and protect his 2016 presidential campaign, which experts say is election interference.

Watch the video below or at this link.

READ MORE: ‘Blood on Your Hands’: Tennessee Republicans OK Arming Teachers After Deadly School Shooting

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‘Blood on Your Hands’: Tennessee Republicans OK Arming Teachers After Deadly School Shooting

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2 days ago

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April 23, 2024

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Republicans in the Tennessee House passed legislation Tuesday afternoon allowing teachers to carry concealed weapons in classrooms across the state, thirteen months after a 28-year old shooter slaughtered three children and three adults at a Christian elementary school in Nashville.

The measure is reportedly not popular statewide, with Democrats, teachers, and parents from the school, Covenant Elementary, largely opposed. The Republican Speaker of the House, Cameron Sexton, at one point literally shut down debate on the bill by shutting off a Democratic lawmaker’s microphone and then smiling.

Ultimately, Republican Rep. Ryan Williams’s legislation passed the GOP majority House as protestors in the gallery shouted their objections: “Blood on your hands.”

READ MORE: Trump Complains He’s ‘Not Allowed to Talk’ as He Gripes Live on Camera

The legislation bars parents from being informed if their child’s teacher has a gun in the classroom.

State Troopers were called to “prevent people from getting close to the House chambers,” WSMV’s Marissa Sulek reports.

“You’re going to kill kids,” one woman had yelled at Rep. Williams from the gallery on Monday, The Tennessean reports. “You’re going to be responsible for the death of children. Shame on you.”

READ MORE: Biden Campaign Hammers Trump Over Infamous COVID Comment

Democratic state Rep. Justin Jones said on social media, “This is what fascism looks like.”

“In recent weeks,” the paper also reports, “parents of school shooting survivors, students and gun-reform advocates have heavily lobbied against the bill, with one Covenant School mom delivering a letter to the House on Monday with more than 5,300 signatures asking lawmakers to kill the bill.”

The bill, which already passed the state Senate, now heads to Republican Governor Bill Lee’s desk. He is expected to sign it into law.

Watch the videos above or at this link.

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Biden Campaign Hammers Trump Over Infamous COVID Comment

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2 days ago

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April 23, 2024

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Four years ago today then-President Donald Trump, on live national television during what would be known as merely the early days and weeks of the COVID-19 pandemic, suggested an injection of a household “disinfectant” could cure the deadly coronavirus.

The Biden campaign on Tuesday has already posted five times on social media about Trump’s 2020 remarks, including by saying, “Four years ago today, Dr. Birx reacted in horror as Trump told Americans to inject bleach on national television.”

Less than 24 hours after Trump’s remarks calls to the New York City Poison Control Center more than doubled, including people complaining of Lysol and bleach exposure. Across the country, the CDC reported, calls to state and local poison control centers jumped 20 percent.

“It was a watershed moment, soon to become iconic in the annals of presidential briefings. It arguably changed the course of political history,” Politico reported on the one-year anniversary of Trump’s bleach debacle. “It quickly came to symbolize the chaotic essence of his presidency and his handling of the pandemic.”

How did it happen?

“The Covid task force had met earlier that day — as usual, without Trump — to discuss the most recent findings, including the effects of light and humidity on how the virus spreads. Trump was briefed by a small group of aides. But it was clear to some aides that he hadn’t processed all the details before he left to speak to the press,” Politico added.

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“’A few of us actually tried to stop it in the West Wing hallway,’ said one former senior Trump White House official. ‘I actually argued that President Trump wouldn’t have the time to absorb it and understand it. But I lost, and it went how it did.'”

The manufacturer of Lysol issued a strong statement saying, “under no circumstance should our disinfectant products be administered into the human body (through injection, ingestion or any other route),” with “under no circumstance” in bold type.

Trump’s “disinfectant” remarks were part of a much larger crisis during the pandemic: misinformation and disinformation. In 2021, a Cornell University study found the President was the “single largest driver” of COVID misinformation.

What did Trump actually say?

“And then I see the disinfectant, where it knocks it out, in a minute,” Trump said from the podium at the White House press briefing room, as Coronavirus Task Force Coordinator Dr. Deborah Birx looked on without speaking up. “Is there a way we can do something like that? By injection, inside, or almost a cleaning, ’cause you see it gets in the lungs and it does a tremendous number on the lungs. So it would be interesting to check that. You’re going to have to use medical doctors, right? But it sounds interesting to me.”

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Within hours comedian Sarah Cooper, who had a good run mocking Donald Trump, released a video based on his remarks that went viral:

The Biden campaign at least 12 times on the social media platform X has mentioned Trump’s infamous and dangerous remarks about injecting “disinfectant,” although, like many, they have substituted the word “bleach” for “disinfectant.”

Hours after Trump’s remarks, from his personal account, Joe Biden posted this tweet:

Tuesday morning the Biden campaign released this video marking the four-year anniversary of Trump’s “disinfectant” remarks.

See the social media posts and videos above or at this link.

READ MORE: ‘Election Interference’ and ‘Corruption’: Experts Explain Trump Prosecution Opening Argument

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