Data shows a stronger economy with Biden Administration
The March jobs report shows that Mr. Biden’s and Democrats’ approach to the economy is working.
The Bureau of Labor Statistics reported, (4/1/22), that unemployment was 3.6 % and non-farm payroll employment rose by 431,000 jobs in March. The Orleans Hub reported (3/29/22) that unemployment in Orleans County is the lowest in 30 years.
Inflation is a problem at 7.9% but inflation is a world-wide problem. In Europe for example inflation is running at 7.5%. Problems like supply chain problems and Russia’s war in Ukraine, beyond the administration’s control, are driving up prices.
But the employment numbers show that the U.S. is coming out of the pandemic-induced recession. The American Rescue Plan and Democrats’ economics are largely responsible for the strong economy. Even farmers are better off under Democrats.
The U.S. Department of Agriculture Economic Research Service estimates that farm income in 2021 is the highest since 2013. Furthermore, Montana Farmers Union President Walter Scheitzer noted that under the previous administration farmers were only surviving on government subsidies whereas now prices of corn, soybeans and other commodities are high enough for farmer to profit without government handouts.
An example of the Democrats’ approach vs Republican is H.R. 6833. This bill caps out of pocket insulin at $35. Congressman Chris Jacobs voted against lowering the cost of insulin. Repeat Mr. Jacobs voted against lower insulin prices. The Republicans oppose social safety nets programs like Social Security or Medicare or even fair taxation as a policy.