1107: Biden chasing the full employment that Trump achieved. @MonicaCrowley

Published: Feb. 5, 2021, 4:03 a.m.

Image: "It is in the very nature of the capitalist mode of production (https://en.wikipedia.org/wiki/Capitalist_mode_of_production_(Marxist_theory)) to overwork some workers while keeping the rest as a reserve army (https://en.wikipedia.org/wiki/Reserve_army_of_labour) of unemployed paupers."— Marx, Theory of Surplus Value (https://en.wikipedia.org/wiki/Theories_of_Surplus_Value)   — which did not occur under Trump, whose policies led to full employment.     Monica Crowley,@MonicaCrowley; until January: Assistant Secretary for Public Affairs for the U.S. Department of the Treasury; in re:  In Feb 2020 Monica printed 3.5% unemployment, which is considered full employment. The Biden administration is trying to to achieve that with a stimulus bill that’ll hand out checks. Will that work?   Our economy was the result of common-sense, pro-growth policies that created a thriving economy. Tax cuts, regulatory relief, unleashing the US energy sector, and [clearing up] trade deals.   Biden’s policy is not pro-growth but is bigger government, more taxes, more spending, History shows that that doesn't work.   The CBO put out a report saying: we’ll see 3-4% economic growth this year – so the trillions in stimulus aren't needed. The economy is ready to stand up and run on its own. Btw, there’s $900 billion, almost a trillion, from earlier packages that hasn't been spent.  Democrats may use budget reconciliation, which does not unify the country. The attacks on Donald Trump that began five years ago are still trying to weaken him via the [second] impeachment; it'll fail. His emotional hold on the American people is stronger than ever.  https://www.wsj.com/articles/biden-fed-economy-covid-employment-inflation-11612451174?mod=hp_lead_pos5