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IPFS News Link • Economy - Economics USA

'Strong as Hell' Economy is a Mirage of Math

• https://libertarianinstitute.org by Tom Luongo

He and they point to statistics, "internals" in Biden-speaks, that point to why the U.S. is better off than everyone else. Well, yes, we may be better than everyone else, that doesn't however mean the economy is "strong as hell."

It just means it is the most attractive horse at the glue factory, to invoke more Biden-esque rhetoric.

Honestly, I was waiting for a Corn Pop reference, but Fox cut away too quickly.

The headline numbers—jobs, U-3 unemployment, etc.—don't tell the whole story. If anything they tell a story directly opposite of what they normally would. Why? Math.

U-3 unemployment measures people still in the workforce looking for work, defined by those applying for unemployment. I don't know about you but we've all heard the stories of record job openings. This also means the economy is supposed to be strong.


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