In 2018, as well as when running for President in 2020, Sen. Elizabeth Warren (D-MA) constantly claimed that people were working “two and three part-time jobs” to keep up with payments, and that is why the unemployment rate was low.
People say unemployment is down, and boy I’m glad to hear that unemployment is down, except you’ve got to pause for a minute. When it’s down because people are working two and three part-time jobs, that’s not such good economic news. When it’s down because we don’t count all the people who’ve dropped out of the labor force for a whole host of reasons, that’s not very good economic news.
Fast forward to 2024, Warren was asked, “Why do you think so many Americans say they miss the Trump economy?”
Warren responded:
I don’t know. I can’t explain polling. I can’t explain how narratives come to be. I also can’t explain how sensitive are they……
