Earlier in the week, Biden hosted a rare bipartisan congressional leadership meeting to discuss lame duck issues and call for help to stop a rail strike. Those leaders complied.He got good and unexpected news about job creation, though it could result in a higher interest rate and a recession hangover.
— Sean Cooksey December 3, 2022 But then, Friday arrived with Musk, through journalist Matt Taibbi, releasing tweets that suggested Team Biden’s role in getting the social media company to kill reports of the scandalous Hunter Biden computer before the 2020 election. Biden’s remarks, and those of his press secretary, puzzled a lot of people. For example, in some confusion, he suggested that he was unsure of running for reelection. And then, his spokeswoman claimed wrongly that the president had been to the southern border.
This was one of those weeks for Biden. The economy created 233,000 new jobs, well beyond the expectations of economists, and the unemployment rate held at 3.7%. Wages rose, and spending rose 0.8%, enough to fuel solid holiday season spending. What’s more, the national average for a gallon at the pump fell to $3.47, back to what it was in February. And it is projected to go down to around $3 by Christmas. Also, jobless claims for last week were down again from the week before.
SecretsBedard From this point of view Capitalism is still fending off the BidenAdministration. An independent middle class may still be 100% too large. Jobs is a negative for the White House's aims.
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