BROADCASTS.com

b'Every president faces tests, Joe Biden more than many as he came into office during a global pandemic and had to hit the ground running to make up for lost time saving lives. While he was at it, he also managed to bake into the response concern for the working class with the Amerian Rescue Plan as well as the legacy shaping Infrastructure and Jobs Act and Inflation Reduction Act.The Daily is a reader-supported publication. To receive new posts/podcasts and support our work, consider becoming a free or paid subscriber.President Biden faced the tests of a nation at war with a virus and came out on top in terms of job growth because of the choices he made and the way he handled the crises.You won\\u2019t hear nearly as much about an economy that is working for The People as you did about the stock market and inflation before the midterms.This failure to inform people about what is working is just as dangerous as the failure to hold power accountable, because the goal should be an informed electorate. How can people know how to vote or who is looking out for their interests if the media doesn\\u2019t center their interests and explain policies that are impacting them.The media is supposed to be a guardian for the people. A guardian is \\u201ca defender, protector, or keeper.\\u201d A DEFENDER of the people should most certainly care when job numbers make history in a positive way. The latest job numbers came out on Friday and were more affirmation that President Biden is overseeing incredible job growth. Outgoing Chief of Staff Ron Klain proudly shared, \\u201cMore jobs created in two years, than in ANY President\'s four year term.\\u201d This is the kind of thing all administrations push. But is it real? It turns out that this time, it is real. The unemployment rate is at its lowest level since 1969.\\u201cTotal nonfarm payroll employment rose by 517,000 in January, and the unemployment rate changed little at 3.4 percent, the U.S. Bureau of Labor Statistics reported today.\\u201dEven the New York Times is a little (relatively) breathless, \\u201cAfter several months of cooling, the economy added far more jobs than economists anticipated. The unemployment rate fell to its lowest level since 1969.\\u201d They even managed to squeeze out the begruding admission that \\u201cJanuary\\u2019s job growth is a boost for Biden.\\u201dMy goodness. What\\u2019s next? Will this good news cover the front pages and be preached from on high TV screens around the country? Of course not.While multiple intersecting factors are responsible for job numbers and some of the job growth can be attributed to pandemic recovery jobs, creating good paying jobs for people including those without a college degree has been a priority of Joe Biden\\u2019s throughout his career, and certainly as president.This priority was baked into all of his administration\\u2019s policy pushes. In his April 2021 address to a Joint Session of\\xa0Congress, Biden stumped for his American Jobs Act, explaining that the jobs would pay well and "can\'t be outsourced," before adding that nearly 90% of them won\'t require a college degree. "The American Jobs Plan is a blue-collar blueprint to build America.\\u201dAccording to a Senate manufacturing report, as of October, 2022 we had added 696,000 manufacturing jobs in the 20 months since President Joe Biden came into office, whereas in the 20 months preceding the coronavirus pandemic, we had added just 92,000 manufacturing jobs. Why does this matter if you\\u2019re not in manufacturing? Another way to look at building back the blue-collar work force is as an important protection for democracy itself. It\\u2019s easy to draw people in to conspiracies and propaganda when they\\u2019re scared about the future. Unemployment can play a role in temporary depression and is therefore creates a vulnerability ripe for the sort of psyops we continue to see from bad actors like the Russians.\\u201cAny honest look at the data over the last 30 + years and it\'s pretty clear that it is only the Democratic Party that is good at this capitalism thing. Dems = growth, lower deficits progress Rs = recession, higher deficits, decline,\\u201d Simon Rosenberg wrote.It should be noted that Rosenberg is the founder of a liberal think tank and advocacy group in D.C. But he does bring receipts.Job growth is historically better under Democrats, he notes: \\u201c33.8m jobs = 16 yrs Clinton Obama 12.1m jobs = 2 yrs Biden 1.9m jobs = 16 yrs Bush Bush Trump 6 times more jobs created in 2 yrs under Biden then under last 3 GOP Presidents *COMBINED*.\\u201dThe Daily is a reader-supported publication. To receive new posts and support our work, consider becoming a free or paid subscriber.To be fair, if we expand out, we see that job growth was pretty amazing under Reagan as well. But that was a long time ago and ended in January of 1989. Since Reagan left office, no Republican has come close to Democrats for job growth. So while it\\u2019s always tricky to ascribe job growth to a president\\u2019s policies and there are reasons to give the first part of an administration to the previous inhabitant, the numbers show that job growth has done better under Democrats than Republicans since Reagan left office in 1989, that is, for 34 years Democrats have significantly outperformed Republicans on job growth and of course, unemployment is better right now than it\\u2019s been in 53 years.Here\\u2019s a chart from the Washington Post on a 2021 piece titled: \\u201cTrump will have the worst jobs record in modern U.S. history. It\\u2019s not just the pandemic\\u201d that shows Reagan\\u2019s history but also recent Republican presidents in the bottom portion of the chart:Critics have pointed out that the job growth is benefiting from jobs coming back after the pandemic. And this is accurate. But Rosenberg points out that the U.S. is doing better than others: Also, Factcheck for January 2023 writes \\u201cThe economy added 10.7 million jobs under Biden, putting the total 1.2 million higher than before the pandemic.\\u201dAnd those manufacturing jobs numbers were a comparison of Trump to Biden from before the pandemic for Trump. The numbers back up the claims. So why don\\u2019t we hear about this huge success for the people on par with how we heard about inflation than this tepid \\u201cThis will be a boost for Biden.\\u201d Framing important economic numbers like this as political for the President isn\\u2019t ideal, because the most important thing is how is the economy impacting The People.One aspect of the way financial news is framed in this country is that it is presented from the point of view of Biden\\u2019s political prospects, wealthy investors, big business, the stock market and earnings. This explanation from the Times is a bit of what I mean, \\u201cBy raising interest rates \\u2014 on Wednesday, Fed officials did so for the eighth time in a year \\u2014 policymakers hope to force businesses to pull back on their spending, including hiring.\\u201dIf businesses should pull back on their spending, why don\\u2019t we focus on pushing them not to do stock buybacks instead of suggesting that hiring workers is the issue? Of course, paying workers is spending, but the entire frame is warped by late-stage capitalism. Big Oil had another record\\xa0year of profits. Exxon reported a $56 billion net profit in 2022. The industry as a whole set a record with $1 trillion in profits. \\u201cChevron, ConocoPhillips, Exxon and Shell all reported record profits in 2022\\u2026 Global oil companies have rebounded since the pandemic to post their highest ever profits since people started using petroleum.\\u201dSenate Majority Leader Chuck Schumer (D-NY) said in floor remarks Thursday, \\u201cAnd what did oil companies do with this tsunami of cash? They could have prioritized paying their workers better. They did not.They could have made transformative investments in new clean tech and help push the frontier in clean energy, which we all know is coming, but they did not.Or maybe best of all, they could have lowered gas prices, but they did not!You know what the oil companies did? This is just as galling, galling! They rewarded shareholders by implementing stock buybacks, at near record levels.\\u201dThis is the important takeaway: We have normalized corporate greed while we continue to suggest that workers getting a raise or even a job is hampering the economy. Somehow our culture has so bought into the corporate line, to being simps for Big Business, that media seems to present news from the point of view of Big Money instead of from the point of view of The People. That\\u2019s what we are trying to do here, at PoliticusUSA\\u2019s The Daily, with your help. We see our mission as being a voice for The People, not beholden to power in D.C. or Think Tanks or advertisers or a board. None of those entities need help being heard. It\\u2019s The People who are not being heard and the media is a big player in that formula that is working so well for the wea'