Posted on Leave a comment

Biden says jobs report bolsters case for government spending

President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going — essentially an argument for his agenda. But the employment numbers issued Friday also hinted at the possible limits of how much government aid can be pumped into the world’s largest economy.

“We’re on the right track,” Biden said. “Our plan is working. And we’re not going to let up now. We’re going to continue to move on. I’m extremely optimistic.”

The May jobs report showed the complexity of restarting the economy after a pandemic shutdown and the mixed signals that can . . .

Read More . . .

Leave a Reply