Off-Topic: Where did GDP growth come from?
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Name:
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MartiniMan
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Subject:
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Where did GDP growth come from?
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Date:
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10/27/2023 2:25:10 PM
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Here is another graph (from the Bureau of Labor Statistics) that answers about the type of jobs being created. It's the labor participation rate (LPR) and as you can see from the graph we have still not recovered from pre-plandemic levels. Still 0.5% below when the fools shut down the economy on the advice of incompetent mass murdering Fauci. So one has to ask with the jobless numbers being what they are reported to be how that is possible. One, people not looking for work are not counted in the jobless numbers. Two, a larger percentage of "new jobs" are people taking additional part time jobs, not full time jobs moving them from the ranks of the unemployed to employed. Otherwise all those new jobs being created would increase the LPR. Think how much worse it would be if the govt weren't creating jobs like crazy? All on borrowed money.
As a side note this graph also proves the abject lie of the Brandon WH about them creating 10M jobs. They haven't even gotten back all the jobs lost during the shut down. They think we are stupid....but they know leftists are stupid and believe that garbage.
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