Quote:
Originally Posted by augiedogie
I found this little chart on the BLS web site, detailing the labor participation rate. Seems to me it give a great indication of how well the Obama recovery? is doing.
Bureau of Labor Statistics Data
In fact, this interesting fact jumped out of the latest report also.
260,000 new jobs, but 397, 000 entered the job market. No wonder the unemployment rate went up. Probably a lot of HS and college grads are very happy with our President.
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By blaming the current President you ignore the fact that the economic forces that caused the recession of 08 were building up over time. The momentum of the 08 recession continued into the Obama administration because economies are like oil tankers. They take nine miles to stop. You also fail to document the diminished work force participation from the 01 recession.
As far as the 260,000 jobs are concerned, why aren't you Obama haters holding a do nothing Congress and your blessed job creators somewhat responsible?
Your analysis is obviously biased and flawed.