Regardless of your political affiliation, it’s hard to argue with Joe Biden’s record on jobs.
More than 15 million jobs have been added under Biden’s tenure. As a result, the total number of working Americans now stands at about 161.5 million, which is about 3 million workers more than when the pandemic first struck in 2020.
Meanwhile, the unemployment rate has held steady below 4% for a record 27 consecutive months. It even touched 3.4% in January — the lowest level since June 1969 and down from 6.4% when Biden took office.
However, this isn’t all the result of a booming economy. It’s largely the result of a massive government hiring spree.
That is, over the course of Biden’s term, the civilian federal workforce has grown by 5%. In fact, federal agencies have added 86,000 jobs in just the past year.
In January, alone, the federal government added 11,000 jobs, including 4,500 postal workers. That made it the most active hiring month in 20 years (not including census years, which get bloated with temporary jobs).
And in April, the administration opened up 2,000 positions for the newly created American Climate Corps. This program seeks applicants for green jobs like solar installation, environmental restoration, and air quality monitoring.
Join Wealth Daily today for FREE. We’ll keep you on top of all the hottest investment ideas before they hit Wall Street. Become a member today, and get our latest free report: “How to Make Your Fortune in Stocks”
It contains full details on why dividends are an amazing tool for growing your wealth.
That’s just the start, too. Because the White House aims to scale up the initiative 10-fold, ultimately recruiting 20,000 young Americans into these jobs.
Again, though, that’s just one small effort among many.
Remember, over the course of his tenure, Biden has managed to pass two huge pieces of legislation — the $1.2 trillion Infrastructure Investment and Jobs Act and the $2.3 trillion Build Back Better Act. Both of these bills substantially expanded the federal workforce.
So much so that civilian federal rolls are at their highest level since World War II.
More than two dozen government agencies have stood up “talent teams” to actively expand their hiring capacity through shared, interagency recruiting efforts.
The end result of this has been a kind of “secret stimulus.” Because in addition to the jobs themselves, Biden’s budgets have also included significant raises for federal employees.
That is Biden raised pay for federal workers by 4.6% in FY23 and 5.2% in FY24. He’s also bolstered protections for the government workforce, making it harder for them to be fired. And in some cases, he’s even absolved their student debt.
But now here’s the real reason I’m telling you this today…
This record government hiring splurge and all the money that’s been put into it is also trickling down into the pockets of average investors who know where to look.
Indeed, you don’t have to be a government employee to reap the rewards of Biden’s largesse. You just have to buy the right stocks.
And by that I mean companies that serve the federal government and are effectively required to pass their profits on to investors.
Section 857(a)(1)(A) of the Internal Revenue Code explicitly states that 90% of their proceeds must be distributed to program participants (i.e., investors).
That’s because these companies make a fortune simply by leasing office space to the federal government. They’re effectively gaming the system because Uncle Sam doesn’t default.
Every single agency — the CIA, IRS, FDA, EPA, and so on — rents buildings. And with their workforces expanding by the tens of thousands each month, they need more space.
This obviously benefits their landlords, who have also been steadily increasing their rent.
Thus, the bloated federal bureaucracy is now spilling revenue directly into the pockets of investors, who are now taking in quarterly payouts to the tune of $7,882.
And this income is almost fully guaranteed because it’s coming from the federal government by proxy.
Fight on, Jason Simpkins Simpkins is the founder and editor of Secret Stock Files, an investment service that focuses on companies with assets — tangible resources and products that can hold and appreciate in value. He covers mining companies, energy companies, defense contractors, dividend payers, commodities, staples, legacies and more… In 2023 he joined The Wealth Advisory team as a defense market analyst where he reviews and recommends new military and government opportunities that come across his radar, especially those that spin-off healthy, growing income streams. For more on Jason, check out his editor’s page. Be sure to visit our Angel Investment Research channel on YouTube and tune into Jason’s podcasts. Want to hear more from Jason? Sign up to receive emails directly from him ranging from market commentaries to opportunities that he has his eye on. 
