The Biden Boom

America is back 🇺🇸 The Roaring 20s are here again 💃🕺 With Joe’s hands on the wheel get ready for an economic BOOM 🚀 #BidenBoom

[The Biden Boom @TheBidenBoom]

This is the happiest day of my life #BidenBoom

[The Biden Boom @TheBidenBoom]

Every time you hear someone worried about a recession remind them that Biden just created 390,000 jobs and unemployment is close to historic all time lows.

[The Biden Boom @TheBidenBoom]

Biden has now created 3x more jobs than last three GOP presidents combined. #BidenBoom

[Simon Rosenberg @SimonWDC]

The monthly @BLS_gov jobs report is out, and it is another good one.

And it's time for our monthly #Jobsday thread!

33.8m jobs - 16 years Clinton Obama
8.7m jobs - 16 months Biden
1.9m jobs - 16 yrs of 2 Bushes Trump

4 times more Biden jobs than last 3 Rs COMBINED. 1/

[The Biden Boom @TheBidenBoom]

HUGE economic news: 390,000 more jobs were created in May! The unemployment rate stayed incredibly low at 3.6%. #BidenBoom

[The Biden Boom @TheBidenBoom]

@WHCOS Thank you #BidenBoom !

[The Biden Boom @TheBidenBoom]

#BidenBoom

[Jeff Zients Archived @WHCOS46Archive]

Today, 17 states (including my home state of Indiana) are at their lowest level of unemployment on record.

[The Biden Boom @TheBidenBoom]

Question of the day: what will Republicans pretend to care about once inflation keeps dropping?

[The Biden Boom @TheBidenBoom]

Inflation is slooooooowing down.

[MarketWatch @MarketWatch]

The yearly rate of U.S. inflation fell to 8.3% in April to mark the first decline in eight months. The increase in the so-called core rate of inflation, which omits food and energy, over the past year slowed to 6.2% from a 40-year high of 6.5% in March.

https://t.co/3DyEghHMlX

[The Biden Boom @TheBidenBoom]

BREAKING: new CPI report shows inflation SLOWED down in April compared to March, likely indicating prices will continue to moderate through the rest of the year.

[The Biden Boom @TheBidenBoom]

“For the 158 million [Americans] who are employed, prospects haven’t been this bright since men landed on the moon.” #BidenBoom https://t.co/4YyGsJObAz

[The Biden Boom @TheBidenBoom]

ALSO in the jobs report just out: average hourly earnings are up 5.5% over the past year, representing huge wage increases for workers #BidenBoom

[The Biden Boom @TheBidenBoom]

BREAKING: 428,000 new jobs created in April, extending the strongest streak of jobs growth in American history. Unemployment rate stayed at the rock bottom level of 3.6% #BidenBoom

[The Biden Boom @TheBidenBoom]

Here’s the rub: Trump is running again and he’ll be the GOP nominee. We need to spend every single day between now and then spreading the word about the #BidenBoom so that he doesn’t sucker Americans into believing he would be better for the economy again.

[Maggie Haberman @maggieNYT]

Trump is running, barring a significant change, and all the private laughing at him + lack of standing up to him by other Rs isn’t going to change that

[The Biden Boom @TheBidenBoom]

Biden’s actions to release oil from the SPR is going to hit markets in a major way in the coming weeks and crush oil prices. Once the price of gas drops what will the media find to blame on Biden next?

[Bloomberg Markets @markets]

A wave of emergency oil supplies are set to hit the U.S. starting in May and threatens to turn the market on its head, going from severely undersupplied to oversupplied in a matter of months https://t.co/GMHYpcMSsr

[The Biden Boom @TheBidenBoom]

Good thread to put breathless inflation headlines into context. Headline inflation likely peaked in March, and will steadily fall the rest of the year. Core inflation is already lower. Oil prices have dropped significantly, which means gas prices at the pump will fall too.

[Justin Wolfers @JustinWolfers]

Inflation is a very important concern right now, but breathless headlines overstate the point.

Most private-sector forecasts see inflation as peaking this month or maybe next (if more bad things don't happen), so hold on... things may be about to get better.

[The Biden Boom @TheBidenBoom]

@JessicaTaylor That’s not a given. 1982 was not a notably bad midterm for Republicans, especially in the Senate. Perception of inflation, driven by news coverage, impacts the electoral prospects more than the specific basis point change.

[The Biden Boom @TheBidenBoom]

Used car prices, one of the indicators that rose fastest in 2021, have now actually begun dropping. Goodbye inflation 👋

[Joe Weisenthal @TheStalwart]

"the index for used cars and
trucks fell 3.8 percent over the month." https://t.co/AsFe5eT0aJ

[The Biden Boom @TheBidenBoom]

Great news on inflation: core prices (excluding volatile energy and food) are rising slower than expected.

[Joe Weisenthal @TheStalwart]

BOOM. Futures rallying after core inflation rises just 0.3% MOM vs. 0.5% expected https://t.co/zLIpuH3hi3

[TopTrevor @TopTrevor]

Joe Biden - his low approval ratings are baffling to me. A thread.

The economy is soaring. It has recovered most (more than 90%) of the pandemic job losses.

7.9 million jobs under the Biden Administration, more jobs created over the first 15 months of any Presidency ever.

[The Biden Boom @TheBidenBoom]

https://t.co/rVMuYJR3if

[The Biden Boom @TheBidenBoom]

ICYMI: a report out this morning showed that the fewest American workers were laid off last week than in 54 years. The #BidenBoom is alive and well people.