The Biden Jobs Boom

Summary–

Voluntary job quit rose 47 million compared to prior average of 38 million
Job opening 70% higher than quits
Length of employment dropped from 18.4 weeks to 12.4 weeks
Booming business creation 68% higher than recent average
Creating small business small % of lost jobs
Great job growth of 64 million 3 times recent average
Employment rates: 14.7% April 2020; 6.4% January 2021, 3.9% November 2021
Strong wage increases low wage and education groups
Strong wage increases retail and food services and accommodations

The Biden Jobs Boom Is Bigger Than We Thought | Washington Monthly https://washingtonmonthly.com/2022/01/19/the-biden-jobs-boom-is-bigger-than-we-thought/

Yellen on Good Taxes

Yellen: “Asking ‘will these tax increases hurt the economy?’ is not the right question…The right question is: ‘Is trading higher taxes on high-income taxpayers for middle-class tax cuts and major economic investments pro-growth?”

Brian Deese on Twitter: “Yellen: “Asking ‘will these tax increases hurt the economy?’ is not the right question…The right question is: ‘Is trading higher taxes on high-income taxpayers for middle-class tax cuts and major economic investments pro-growth?” The answer: a resounding yes” / Twitter

Elementary Engines of Progress in the USA

This following made America a great country and created progress. A history of measures.

  • Outlaw slavery
  • End child labor
  • Limit the workday
  • Keep drugs safe
  • Protect collective bargaining
  • Create public schools
  • Battle the Great Depression
  • Electrify rural America
  • Construct roads connecting the country
  • Great Society reduce poverty
  • Extend political and civil rights to women and African Americans, other minorities
  • Give health, security and dignity in old age

Source: Winners Take All, Anand Giridharadas, 2018

Coral Gables Election: NOT ONE CANDIDATE (6)…

…is prepared to fight hard against and diminish the rate of excessive, large-scale building and traffic in Coral Gables as epitomized by the massive structures along Ponce de Leon Blvd, Dixie Highway, the University of Miami, the scaled up Miracle Mile and restructured Crafts Section. Is this “smart development”? Is this quality of life?

No single candidate has stepped forward to fight against the Coral Gables-style overdevelopment. The ugly giant electric power lines along Ponce de Leon Blvd parallel to Dixie Highway, as evidence of unspoken long-term development priorities of city politics.

Past Income Gains are Lost in Latin America–Poverty Rising Rapidly

More than 20 million people were pushed into poverty during pandemic-plagued 2020 across Latin America and the Caribbean, the U.N. economic agency for the region reported Thursday. Poverty as a whole rose to afflict a total of 208 million people —33.7% from 30.5% of the population— in a year when the overall gross domestic product collapsed by 7.7%. Extreme poverty —those without the resources to cover basic food requirements— rose to encompass 78 million people, 12.5% of the region’s population, according to the Economic Commission for Latin America and the Caribbean. That’s the highest percentage in 20 years. Poverty as a whole rose to afflict a total of 208 million people —33.7% from 30.5% of the population— in a year when the overall gross domestic product collapsed by 7.7%. The report said the situation would have been worse without household subsidy programs enacted by many governments to cushion the blow for some 84 million households.

UN Finds Soaring Poverty in Virus-Hit Latin America Region

US Jobs Report Not Good–Don’t Be Confused

AGENDA FOR POVERTY ALLEVIATION: 14 Policy Priorities

The Poor People’s Campaign: A National Call for Moral Revival policy agenda and analysis brought to public a recognition of the depth of poverty, low wealth and income status of a very large growing share of the US population. It is estimate that there are 140 million poor and low wealth people in the US and the COVID-19 pandemic increased this number by 8 million people.

The poor population has been publicly hidden from view in recent years, whereby, the national GOP political agenda has strongly favored the ultra-wealthy, large corporations with a huge tax reduction program that cost the government $1.7 trillion. Also, the owners of enterprises and stocks that are benefiting from the pandemic have greatly increased their share of the wealth.

The 14 policy priorities elaborated as a moral and economic agenda for the first 100 days of the Biden Administration are as follows:

  • Enact comprehensive, free and just COVID-19 relief
  • Guarantee quality health care for all, regardless of any pre-existing conditions
  • Raise the minimum wage to $15/hour immediately
  • Update the poverty measure
  • Enact a federal job program..
  • Protect and expand voting rights and civil rights
  • Guarantee safe, quality and equitable public education, with support for protection against re-segregation
  • Comprehensive and just immigration reform
  • Ensure all of the rights of indigenous peoples
  • Enact fair taxes
  • Use the power of executive orders
  • Redirect the bloated Pentagon budge towards those priorities as matters of national security
  • Work with the Power People’s Campaign to establish a permanent Presidential Council to advocate for this bold agenda

This agenda reminds of the task ahead in working against the huge inequities that have arisen the US over the last 50 years, and which have become much worse in the last 20 years.