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whatareyoureallyafraidof · 1 year

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Moscow Marge.

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religion-is-a-mental-illness · 1 year

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#human progress #human development #life expectancy #GDP #gross domestic product #education #water #sanitation #child mortality #child death #religion is a mental illness

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dontmean2bepoliticalbut · 1 year

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#us politics #twitter #tweet #2023 #brian krassenstein #red states #blue states #blue states pay for red states #rep. marjorie taylor greene #vladimir putin #federal funding #federal taxes #gross domestic product #murder rates #domestic terrorism #russia #imperial russia #foreign adversaries

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dontmeantobepoliticalbut · 2 years

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President Joe Biden held a White House event on Friday to sign an executive order on abortion access, but before getting to the topic at hand, the Democrat wanted to focus some attention on an unrelated matter: the latest good news on job creation. From Biden’s remarks:

“Today, the Labor Department reported that we added 372,000 jobs last month — 372,000. Here’s why it’s important: Our private sector has now have recovered all the jobs lost during the pandemic and added jobs on top of that. We have more Americans working today in the private sector than any day under my predecessor, more today than any time in American history — today. In the second quarter of this year, we created more jobs than any quarter under any of my predecessors in nearly 40 years before the pandemic.”

It was tough to blame the president for wanting to highlight the good news. For one thing, as his approval rating sinks, it stands to reason that the White House would want to tout good news about such an important issue. For another, much of the public probably doesn’t realize that the job market has soared with unexpected and unpredicted strength under Biden, and the unemployment rate is lower now than at any point throughout the 1970s, 1980s, or 1990s.

What’s more, as we discussed last week, the economy has created 2.63 million jobs so far in 2022, and the year is only half-over. By any fair measure, that’s an extraordinary total, more in line with what we’d expect to see in a full year. In fact, more jobs have been created in the last six months than in any full year of Donald Trump’s term.

It was against this backdrop that House and Senate Republican leaders said ... nothing. The GOP has largely decided to pretend not to notice job growth at all.

Circling back to our recent coverage, it seemed at least possible leading Republican officials would argue that Democrats don’t deserve credit for the economic recovery. Or perhaps they’d argue that robust job growth was inevitable after the 2020 recession. Maybe they’d even try to say that Trump was somehow responsible for creating economic conditions he had nothing to do with.

But Senate Minority Leader Mitch McConnell and House Minority Leader Kevin McCarthy instead ignored the economic news altogether: No press releases, no tweets, and no public comments. They literally found themselves speechless — just like last month and the month before that and the month before that.

As regular readers may recall, it was more than a year ago when we saw the worst month for job growth since Biden’s inauguration: In April 2021, the economy created 269,000 jobs. Under normal circumstances, that would’ve constituted a great total, but with the country still climbing out of its pandemic-driven hole, the April 2021 report was a disappointment.

Republicans wasted no time in pouncing on the data, blaming Democrats for the shortfall. McCarthy released this press statement soon after the data was released:

“Today’s disappointing jobs report confirms once again that President Biden’s tax-and-spend policies are bad for American workers, families, and small businesses.... Experts are calling this jobs report the ‘worst miss in 23 years’, and it was a direct result of President Biden’s counterproductive policies. So President Biden is not fixing a crisis, but creating new ones.”

In the days that followed, the House GOP leader continued to make a direct connection between the White House’s economic agenda and the U.S. job market. A week after April numbers were released, McCarthy again argued, “President Biden and Democrats will make excuses for this abysmal reality, but the truth is their own massive spending agenda created this problem.”

It wasn’t just McCarthy. The Republican National Committee connected Biden’s policies and job growth over and over and over again. McConnell’s Senate website blamed “persistent unemployment” on Democrats.

There was one important problem with this strategy: It was apparently based on the idea that the U.S. job market would continue to fall short for the indefinite future.

It did the opposite: The economy created over 6.7 million jobs in 2021, which was a record high that surpassed the total number of jobs created across each of Trump’s first three years in office combined. All told, we’re now up to over 9.37 million jobs since January 2021 — a total that seemed impossible as last year got underway.

The political problem for Republicans is obvious: If a discouraging monthly jobs report is proof that the Democratic economic agenda is a failure, then several months’ worth of encouraging monthly jobs reports is necessarily evidence that the Democratic economic agenda is a success.

The more GOP leaders say Biden is directly responsible for the nation’s economic conditions, the easier it is for the Democratic White House to take credit when those conditions look great.

It’s okay for Republicans to applaud good news for their own country. When the unemployment rate reached 3.6 percent in the last administration, for example, McCarthy was eager to celebrate. Does he care to explain why he has so little to say now?

Postscript: It’s important to note for context that the Republican National Committee did issue a press statement on Friday morning acknowledging the existence of the latest monthly jobs report. It credited “Republican-led states” for the good employment data.

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misscromwellsmonocle · 10 months

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Clutch Bag (2019) by Banksy

(https://shop.grossdomesticproduct.com)

#contemporary art #banksy #clutch bag #bag #handbag #fashion #2019 #Miss Cromwell #gross domestic product #2010s

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paulthepoke · 1 year

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50% Potential Loss to the Great Triumvirate: Stocks, Bonds, and Real Estate

Proverbs 22:7 The rich rules over the poor, and the borrower is the slave of the lender. Proverbs 22:16 Whoever oppresses the poor to increase his own wealth, or gives to the rich, will only come to poverty. Michael Douville took the time to talk with President of Pento Portfolio Strategies, Michael Pento. For those who are interested in a deep discussion about bonds, debt, and lending. How…

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#bank run #bonds #cash #Debt #FDIC #GDP #Global Economy #gross domestic product #liquidity #money supply #real estate #recession #risk #stock market #stocks

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pmldailynews · 12 days

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Enhance capacities first! FSMEs, partners tip Govt, investors on financing SMEs to avoid business failure

Different stakeholders in a group photo during a roundtable discussion on the SME-track towards the FfD4 at Hotel Africana on Wednesday (PHOTO/Courtesy).. KAMPALA – Uganda continues to be an entrepreneurial country with an increasing number of small and medium business enterprises day by day. However, the entrepreneurs that set up these enterprises lacked business management skills and capital,…

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#Finn Church Aid #Gross Domestic Product #John Walugembe - FSME #Small and Medium Enterprises #top

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kp777 · 27 days

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#u.s. economy #food insecurity #economic statistics #gross domestic product

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catherinelwriter · 5 months

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#Gross Domestic Product #Real GDP #Growth Assignment Help #Homework Help

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rodgermalcolmmitchell · 9 months

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A child's picture book for those who tell you the federal debt is too high

Page 1. As federal debt (red) has risen, so has the economy (blue — GDP). Higher federal debt leads to higher GDP growth. The reason: GDP=Federal Spending +Non-federal Spending + Net Exports. Page 2. The reason: Economic growth and federal debt growth have been extraordinarily high since the end of the COVID recession. Despite efforts to reduce Federal Debt growth — efforts that, if successful,…

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#federal debt #federal deficits #GDP #gross domestic product #shortages cause inflations

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karmaalwayswins · 11 months

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Gozhda "Largest Economies in the World 1600-2022: Top 15 Countries by GDP" (2022)

#world economy #world history #economics #gross domestic product #country comparison #infographic #gozhda #video #2022

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pandoramusicbox · 1 year

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Day four

So I mentioned the pearl creating abilities of seafolk.

It’s a rare occasions and can only occur when two kinds of conditions are meet.

First of the seafolk needs to be of the calcium mesh variety. Specifically one who has an excess of carbon in their diet.

Second the seafolk needs to be under some kind of stress. This is not necessarily physical stress but also emotional.

Why they are often called mermaid tears.

If this second condition is not meet the calcium goop comes out as a shiny but not pearlecent.

The pearl is most often formed in the mouth and is used to expel toxins and is a form of crying. To get rid of excess material is important in a diet full of minerals and fish with mercury in the body.

Those without the calcium mesh often change these minirals for brighter bioluminescent, metal laced scales or expel them from other means.

I would like to expand a bit on the calcium goop while I am at it.

The calcium goop is generally white to off white in color, with flecks and stripes of other pastel colors

But Some neptonians have found that they an change the color of the goop by eating certain things or chewing on materials while they are making it.

It is slime almost mucus like when first formed. It can become sticky if stretched or kneeded but has a texture more akine too mochi or settled dough to start out with.

If pulled thin it looks and acts a lot like spider’s web. Until it hardens and first because the rubbery texture of cocking (a silicone material used to seal doorways and windows) before finally hardening into a texture like an ostrich egg shell or a ceramic bowl.

Neptonians have been known to add other chemicals to this mesh in order to keep it from moving from one texture to another.

The mesh is mostly used for construction but is also used for creating artwork and everyday household items.

Though once it has hardened it will break when dropped. It is not bouncy even in the silicone like state.

It’s a rather remarkable substance with a lot of use, so is quite valuable outside of the empire as it is in the empire.

#worldbuilding #pandoramusicbox #worldbuildingculture #fantasy creature #gross domestic product #mermaid #pearls #slime #fantasy species #fantasy culture #31 day challenge

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dontmean2bepoliticalbut · 2 years

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#us politics #economics #economy #president joe biden #biden administration #economic growth #unemployment rate #job creation #gdp #gross domestic product #wages and salaries #wages #national deficit #2022

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newsbites · 1 year

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BC’s first budget under Premier David Eby includes substantial funding increases in housing, health care, income supports and cost of living tax credits, as well as allocating a record level of investment towards capital infrastructure. This not only represents much-needed progress towards meeting some of the big challenges facing our province but also prudently continues to invest in the public good rather than cave to fear-mongering about deficits in light of the economic slowdown.

The budget projects modest deficits over the next three years: $4.2 billion in 2023/24 and $3.8 billion and $3 billion in the subsequent two years. While these numbers may sound big, they represent about 1% of the provincial economy (or GDP) in 2023/24 and slightly less thereafter.

For different perspectives, see also:

https://theprovince.com/news/local-news/hiring-of-uncertified-teachers-in-b-c-spreading-and-budget-did-nothing-to-address-staff-other-issues

and

https://biv.com/article/2023/03/opinion-bc-budget-masterclass-mismanagement

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slsacademia · 1 year

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Gross Domestic Product (GDP) is a measure of a country’s economic activity and is the most widely used indicator of a country’s overall economic health. It is defined as the total value of all goods and services produced within a country in a given period of time, usually a year.

GDP is typically calculated by adding up the total value of all final goods and services produced within a country during a specific period of time, usually a year. This includes everything from consumer goods and services to investments in infrastructure and government spending.

GDP is typically broken down into four main components: consumption, investment, government spending, and net exports.

Consumption refers to the total amount of money spent by households on goods and services. This includes everything from food and housing to entertainment and healthcare.

Investment refers to the total amount of money spent on business investment, such as the construction of new factories, the purchase of new equipment, and the expansion of existing businesses.

Government spending refers to the total amount of money spent by the government on goods and services such as infrastructure, education, and defence.

Net exports refer to the value of a country’s exports minus the value of its imports. A positive net export figure indicates that a country is exporting more than it is importing, while a negative net export figure indicates that a country is importing more than it is exporting.

It’s important to note that GDP only measures the value of goods and services that are produced within a country’s borders, regardless of whether they are produced by domestic or foreign-owned companies.

#gdp #gross domestic product #economy #understanding economy

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tilakverma · 1 year

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#india #economy #gross domestic product #asia #china #siddharth mehta IL&FS #IL&FS

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