Divorcee Sam Seder still trying to defend Joe Biden's economy

2 years ago
392

My previous data, which can be found here http://freewebs.com/professor_enigma/old-fart-rants-sam-seder http://freewebs.com/professor_enigma/iowa-never-locked-down

United States Total Nonfarm Employment (in thousands) March 2018-February 2019 average is 149,270. There were (week ending 3/10/2018 to 3/9/2019) 1,163 Continued Claims per 100,000 Nonfarm Employment jobs.

United States Total Nonfarm Employment (in thousands) March 2019-February 2020 average is 151,277. In those time frames, USA averaged adding 2,161,500 jobs per year or a 1.4603% yearly increase. There were (week ending 3/16/2019 to 3/14/20) 1,148 Continued Claims per 100,000 Nonfarm Employment jobs.

2-year average (Continued Claims per 100,000 Nonfarm jobs/employment) = 1,156

United States Total Nonfarm Employment (in thousands) March 2020-February 2021 average is 140,690. That’s a 6.9984% DECREASE relative to the previous year. There were (week ending 3/21/20 to 3/20/21) 7,718 Continued Claims per 100,000 Nonfarm Employment jobs. Continued Claims per 100,000 Nonfarm jobs INCREASED 672.3% relative to the previous year & INCREASED 667.65% relative to the “2-year average” in the paragraph above.

United States Data: Continued Claims from week ending 3/27/2021 to 3/19/2022 average = 2,595,846. That is 49.549% HIGHER than the 2-year pre-plandemic average for continued claims (from week ending 3/10/2018 to 3/9/2019 & for week ending 3/16/2019 to 3/14/20). That is also 418.298% LOWER than the plandemic average (Continued Claims week ending 3/21/20 to 3/20/21).

United States Total Nonfarm Employment (in thousands) April 2021-March 2022 average = 147,758.9 & there were 1,757 continued claims (from week ending 3/27/2021 to 3/19/2022) per 100,000 nonfarm jobs.

I did slightly ERR when I calculated previous installments of this & I just learned it moments ago. When I was calculating continued claims on the state level, it is by default NOT seasonally adjusted.

I told everyone (and I will make sure this is known on my website when I update this later this year) that when I calculated average continued claims on the NATIONAL level, I would also use data that is NOT seasonally adjusted.

Well, I forgot to do that, so ALL the national data is seasonally adjusted, but it will not affect comparisons of various POTUS’ on continued claims per 100,000 nonfarm jobs. It also did not affect the data when I was comparing the states that never had a shelter in place order during the plandemic vs. the states that had soul-crushing lockdowns. Sorry for the error!

Now, let us get to comparing Biden’s numbers w/ Trump’s numbers in the 2 years prior to the plandemic lockdowns. To avoid any data that is preliminary, I will look at January 2022-June 2022.

United States Total Nonfarm Employment (in thousands) January 2022-June 2022 average = 150,965.833 (thousands of jobs).

Continued Claims from week ending 1/1/2022 to 7/2/2022 (seasonally adjusted) average = 1,503,777.778 That equals 996.104 continued unemployment claims per 100,000 nonfarm jobs.

The divorcee Sam Seder might say, “Aha, that is LOWER than the 2-year average prior to the plandemic under Donald Trump. Biden is doing good!” Not so fast old man.

Let’s look at the Labor Force Participation Rate for Men 25-54.

Barry Obongo Labor Force Participation Rate Men 25-54 (MEN) FY 2010 = 89.391%

MEN FY 2011 = 88.75%

MEN FY 2012 = 88.683%

MEN FY 2013 = 88.5%

MEN FY 2014 = 88.2%

MEN FY 2015 = 88.275%

MEN FY 2016 = 88.441%

MEN FY 2017 = 88.591%

Cumulative Barry Obongo Labor Force Participation Rate Men 25-54 = 88.603%

Donald Trump Labor Force Participation Rate Men 25-54 FY 2018 = 88.916%

MEN FY 2019 = 89.1%

MEN FY 2020 PARTIAL (Beginning Oct. 2019-February 2020) = 89.18%

MEN FY 2020 FULL = 88.283%

Cumulative Donald Trump Labor Force Participation Rate Men 25-54 FY 2018-FY 2020 PARTIAL = 89.037%

Cumulative Donald Trump Labor Force Participation Rate Men 25-54 FY 2018-FY 2020 FULL = 88.766%

Joe Biden Labor Force Participation Rate Men 25-54 January 2022-August 2022 = 88.562%

Now let’s take a look at the ladies, Labor Force Participation Rate WOMEN 25-54:

Barry Obozo Labor Force Participation Rate Women (WOM) 25-54 FY 2010 = 75.25%

WOM FY 2011 = 74.816%

WOM FY 2012 = 74.483%

WOM FY 2013 = 74.091%

WOM FY 2014 = 73.891%

WOM FY 2015 = 73.7%

WOM FY 2016 = 74.125%

WOM FY 2017 = 74.85%

Barry Obozo Cumulative Labor Force Participation Rate WOM FY 2010-2017 = 74.4%

Donald Trump Labor Force Participation Rate Women (WOM) FY 2018 = 75.108%

WOM FY 2019 = 75.783%

WOM FY 2020 PARTIAL (Oct 2019-Feb 2020) = 76.8%

WOM FY 2020 FULL = 75.65%

Cumulative Donald Trump Labor Force Participation Rate Women FY 2018-FY 2020 PARTIAL = 75.679%

Cumulative Donald Trump Labor Force Participation Rate Women FY 2018-FY 2020 FULL = 75.513%

Joe Biden Labor Force Participation Rate WOMEN 25-54 January 2022-August 2022 = 76.387%

Now let’s look at Labor Force Participation Rates for BLACKS:

Barry Obongo

BLF FY 2010 = 62.166%

BLF FY 2011 = 61.575%

BLF FY 2012 = 61.508%

BLF FY 2013 = 61.45%

BLF FY 2014 = 60.941%

BLF FY 2015 = 61.475%

BLF FY 2016 = 61.491%

BLF FY 2017 = 62.216%

Cumulative BLF avg. for Barry Obozo = 61.602%

Donald Trump

BLF FY 2018 = 62.316%

BLF FY 2019 = 62.358%

BLF FY 2020 partial [10/1/19 through February 2020 as the following month many states wrecked their economies w/ ineffective lockdowns] = 62.76%

BLF FY 2020 FULL = 61.158%

Cumulative BLF avg. for Donald Trump FY 2018-FY 2020 partial = 62.409%

Cumulative BLF avg. for Donald Trump FY2018-FY2020 FULL = 61.944%

Joe Biden BLACK Labor Force Participation Rate January 2022-August 2022 = 62.2%

Now for WHITE people:

Barry Obongo

WLF FY 2010 = 65.266%

WLF FY 2011 = 64.608%

WLF FY 2012 = 64.133%

WLF FY 2013 = 63.691%

WLF FY 2014 = 63.125%

WLF FY 2015 = 62.858%

WLF FY 2016 = 62.9%

WLF FY 2017 = 62.816%

Barry Obozo Cumulative White Labor Force Participation Rate = 63.674%

Donald Trump

WLF FY 2018 = 62.783%

WLF FY 2019 = 62.975%

WLF FY 2020 (Partial, ending February 2020) = 63.22%

WLF FY 2020 FULL = 62.208%

Donald Trump Cumulative WLF FY 2018-FY2020 Partial = 62.937%

Donald Trump Cumulative WLF FY 2018-FY2020 FULL = 62.655%

Joe Biden WHITE Labor Force Participation Rate January 2022-August 2022 = 62.025%

https://www.bls.gov/webapps/legacy/cpsatab2.htm Let’s throw in Asians too, shall we (Seasonally adjusted)?

Barack Obongo Asian Labor Force Participation Rate October 2009-September 2017 (FY 2010-17) = 63.943%

Donald Trump Asian Labor Force Participation Rate October 2017-Feburary 2020 (right before the plandemic lockdowns) = 63.682%

Donald Trump Asian Labor Force Participation Rate October 2017-September 2021 = 63.377%

Joe Biden Asian Labor Force Participation Rate January 2022-September 2022 = 64.455%

https://beta.bls.gov/dataViewer/view/timeseries/LNS11300164Q How about Men 25-34 (Seasonally adjusted)?

Barack Hussein Obongo October 2009-September 2017 (Q4 2009-Q3 2017) = 89.103%

Donald Trump October 2017-March 2020 (they do this by quarters, so I have no choice) = 89.07%

Donald Trump October 2017-December 2019 (thereby avoiding any quarters that had the plandemic lockdowns) = 89.077%

Donald Trump October 2017-September 2021 = 88.306%

Joe Biden Men 25-34 Labor Force Participation Rate January 2022 (Q1 2022)-September 2022 (Q3 2022) = 88.866%

Let us run the Labor Force Participation Rate for WHITE MEN 20 years of age & older

Barry Obozo October 2009-September 2017 = 72.953%

Donald Trump October 2017-February 2020 (right before the plandemic lockdowns) = 71.793%

Donald Trump October 2017-September 2021 (FY 2018-FY2021) = 71.058%

Joe Biden January 2022-September 2022 = 70.155%

How about BLACK MEN 20 Years of age & older

Barry Obongo October 2009-September 2017 = 67.885%

Donald Trump October 2017-February 2020 = 67.996%

Donald Trump October 2017-September 2021 = 67.147%

Joe Biden January 2022-September 2022 = 68.044%

WHITE WOMEN 20 years of age & older

Barry Hussein Obama October 2009-September 2017 = 58.444%

Donald Trump October 2017-February 2020 = 57.755%

Donald Trump October 2017-September 2021 (FY 2018-21) = 57.239%

Joe Biden January 2022-September 2022 = 57.133%

We’ll close with Labor Force Participation Rates for BLACK WOMEN 20 years of age & older:

Barry Milhous Obongo October 2009-September 2017 = 62.207%

Donald Trump October 2017-February 2020 = 62.579%

Donald Trump October 2017-September 2021 = 61.677%

Joe Biden January 2022-September 2022 = 62%

You can see, despite this massive, unprecedented, gargantuan spike in spending (detailed spending data for FY2022 will not be out until early 2023, so I cannot run that now, but here’s some data up to that point http://freewebs.com/professor_enigma/sam-seder-aoc-tax-the-rich Biden’s spending per 100,000 employed civilians will be historically massive) Biden’s Labor Force Participation numbers usually lag behind Donald Trump, some of them even lower for the entire Trump presidency, counting the lockdowns that absolutely decimated the economy.

In other words, if ANYONE, including the social media vegetable & divorcee Sam Seder #samseder #majorityreport attempts to polish a turd – saying Joe Biden’s economy is doing well then you can look at this data & wonder if he’s off his meds.

I did this in a way to make Joe Biden look as good as possible (I omitted the first 3 months of FY 2022, which would’ve lowered his averages), so Democrats have no way out. Some of them are like Sam Seder & his supporters, they’re dumb, they’re malleable & they don’t know any better.

Paul Krugman, Larry Summers, the vacuous Robert Reich, the relic Janet Yellen do know better & they’re lying. Joe Biden & this Congress are spending money like there is no tomorrow yet the economy remains flaccid.

We need to change horses in 2024, Dementia-riddled pervert Joe Biden is not up to the task.

Sam Seder has yet to debate my friend James Patrick Holding on The Impossible Faith. https://www.tektonics.org/lp/nowayjose.php Methinks Stan has no confidence in that religion degree he received from a diploma mill. #samsederwontdebateJPH

I’m like Columbo or Perry Mason, “Just one more thing.”

Now let’s look at unemployment duration here https://www.bls.gov/webapps/legacy/cpsatab12.htm (select “Average (mean) duration, in weeks” seasonally adjusted) & see this note. Because of that, I will start w/ FY2012 under Barry Obozo, which began 10/1/11. Previous years not comparable, read the note. https://www.bls.gov/cps/duration.htm

Barry Obongo: FY2012 (39.691) FY2013 (37.266) FY2014 (34.575) FY2015 (30.3) FY2016 (27.866) FY2017 (25.35) Cumulative Average FY2012-2017 = 32.508

Donald J. Trump FY2018 (23.425) FY2019 (22.008) FY2020 PARTIAL ending February 2020 (21.06) Cumulative Average FY2018-FY2020 PARTIAL = 22.431

FY2020 FULL (17.691) FY2021 (27.408) Cumulative Average FY2018-2021 = 22.633

Joe Biden FY 2022 (October 2021-September 2022) = 24.533

As you can see, Joe Biden’s Labor Force Participation Rates are flagging & those who are unemployed, are staying unemployed much longer under Senile Joe.

https://data.bls.gov/cgi-bin/surveymost?bls Let us compare number of unemployed per 100,000 nonfarm jobs, which I ran previously & add Senile Biden.

Now let us run the number of unemployed en masse regardless of duration per 100,000 Nonfarm Employment for all those POTUS’ to give us an even better picture of what is going on & how bad it will be under Joe Biden.

Barry Obongo: FY2010 (11,488.320) FY2011 (10,704.296) FY2012 (9,576.356) FY2013 (8,690.880) FY2014 (7,280.642) FY2015 (6,052.329) FY2016 (5,447.540) FY2017 (4,945.033) Cumulative Average FY2010-2017 = 8,023.174

Donald J. Trump: FY2018 (4,333.237) FY2019 (4,044.877) FY2020 (PARTIAL ending February 2020 = 3,840.475) Cumulative Average FY2018-FY2020 PARTIAL = 4,128.956

FY2020 FULL (8,103.043) FY2021 (6,668.434) Cumulative FY2018-FY2021 Average = 5,787.397

Joe Biden October 2021-July 2022 (to avoid any preliminary data) = 4,169 unemployed people per 100,000 nonfarm jobs.

Total nonfarm employment was 1,504,132,000 & number unemployed was 62,704,000 for Oct 2021-July 2022

Donald Trump did better prior to the plandemic lockdowns than Joe Biden has done so far in FY 2022, which I do not have the full data for & Joe Biden’s Labor Force Participation Rates are lagging behind most of Donald Trump’s, even after this marathon of spending, which would make George W. Bush blush.

Really, I am wrapping this up now. Joe Biden’s economy is not well & neither is Joe Biden. Next month, vote the bums out.

Loading comments...