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Comment by jeffbee

20 days ago

Joe Biden also presided over the largest America that ever existed, and took power at a moment when a huge rebound in jobs was inevitable.

So you haven't disagreed that Joe Biden is the greatest job creating president ever?

You've just helped explain that job creation was necessary due to the disaster performance of his predecessors.

  • Yes, but as a person with good number sense I am pretty good at discounting absolute levels for population change, and I feel like most people aren't any good at that, so I like to mention it. The majority of press articles that are about "[[Thing]] hits record high" turn out to lose their novelty when recast per capita.

  • Why are you ignoring Covid? Any president woulda ended 2020 with jobs losses.

    • Because they forced the bond yield curve inversion in August 2019, forcing the NY Fed to do repos.

      Bond yield curve inversion prior to COVID and probably due to what they had done economically by then