April Jobs Report Gives Pandemic Recovery A+
The report was good news with even better news between the lines.
There may be good reason longtime Democratic Party analyst and political prognosticator James Carville isn’t overawed by rising inflation and its potential impact on the mid-term election.
“How big of a problem is this for the President?” CNN host Erin Burnett asked Mr. Carville on Thursday, mentioning specifically a CNN poll, “that found two-thirds of all Americans now disapprove of how President Biden specifically is handling the economy.”
“That’s bad,” Burnett told Carville. “On top of that, more than 50% of Democrats think the economy is in poor shape. 81% of independents think the economy is in poor shape. These are bad, no good numbers in the entire thing.”
While admitting the poll is, “a huge problem,” Carville immediately pivoted to the number of jobs created under the Biden Administration.
“A plurality of Americans think no jobs have been created under Joe Biden, and I think in his first 16 months it’s the best opening 16 months of any president since World War II in job creation,” Carville answered.
“We have supply chain issues causing a great deal of grief,” he qualified. “Shanghai is probably the leading port in the world in terms of supply chain. So they have…