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Economics-III-J-J

04 Jan

The media also gives a false impression of the economy. During the terms of President Obama and President  Biden, they reported jobs gained but not jobs lost. That gave the impression of increasing employment. For instance, when President Biden took office, he laid off all the Census workers and hired new ones. They promoted the number of new hires but failed to mention that they were replacing existing workers  so there was no job gain. They also failed to mention that they were Census workers and the positions would have been filled even if the economy collapsed and government workers were the only ones working. It also varies by State and the media highlights  losses but doesn’t tell people they are in liberal States. President Trump has lowered taxes and reduced costly government regulations which has enabled businesses to expand and stimulated the economy   however, liberal States have continued to maintain their own high taxes and government regulations  so businesses are fleeing those States to conservative States where taxes are lower and there are fewer government regulations. The media tells people how many jobs are lost when businesses close  but does not tell people that those jobs are not lost but simply moved to other States. Stores are also closing in liberal States due to high theft due to lax law enforcement and high wages required by higher minimum wage requirements and inflation in those States. That is not due to President Trump’s policies but to policies in liberal States.

 

 

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