It is a rare time in the United States economy where there are more jobs available than people to work them because millions of Americans are satisfied living off government handouts.
Unfortunately, I, like many conservatives, have such low confidence in the Biden administration’s ability to grow the economy back to pre-pandemic levels after government-forced lockdowns that it comes as no surprise.
This is the inevitable consequence we knew would happen if the government continued to send out stimulus checks, allowing the unemployed to keep milking the system, rather than encouraging the country to reopen and return to work.
Now that many states are reopening as vaccines and therapeutics have become widely available, businesses need Americans to return to the labor force.
The need is so dire that the president sent a message over the weekend, saying that anyone who is offered a “suitable” job and does not take it risks losing their unemployment benefits.
“Anyone collecting unemployment, who is offered a suitable job, must take the job or lose their unemployment benefits,” Biden threatened during a news conference last week on the April jobs report.
Pres. Biden: “Anyone collecting unemployment who is offered a suitable job must take the job or lose their unemployment benefits." pic.twitter.com/Xds7PGbISv
— Alex Salvi (@alexsalvinews) May 10, 2021
Biden’s hardline stance on getting Americans back to work after widespread criticism on last month’s poor jobs report which showed minimal job growth and an increase in people receiving unemployment benefits.
According to the report, unemployment increased from 6.0% to 6.1% while only 266,000 jobs were added. The numbers fell far below Wall Street’s predictions that the US would add at least one million jobs, if not more.
To put this in perspective, unemployment sat at a 50-year low of just 3.5% in February 2020, before pandemic lockdowns destroyed the economy.
Under Trump, America saw historically low unemployment rates and best economy in recent history.
So far, under Biden, we have seen economic loss with increased inflation, higher gas prices, and now, rising unemployment and nearly-stagnate job growth.
It’s going to be a long next four years for Americans’ pocketbooks if Biden does not come up with a plan to improve the economy and restore it to pre-pandemic levels.