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There's wage growth but hours have been cut. Just when the fed is thinking about raising interest rates, the economy begins to cool. This is a weird business cycle.
If by "business cycle" you mean **** economy, I agree.
FTR, if the economy is cooling, when was the last time it was hot?
The obagger responses here are hilarious. There are living in such a fantasy world of OFA lies and propaganda that there's little point in having a serious conversation with these mental deficients.
You're just taking note of this now?
They're sad in the same way that the Manson girls are sad. They're also dangerous.
In sheer numbers, Baby Boomers are retiring by the boatload, and they're a massive demographic. Everyone forsaw this effecting the labor force... except right-wingers, of course.
The only demographic whose employment numbers have recovered to pre-2008 levels are workers over age 55.
The only demographic whose employment numbers have recovered to pre-2008 levels are workers over age 55.
Percentage-wise, maybe.
In sheer numbers, not a chance. Boomers starting turning 65 in 2011, and they make up a massive portion of the American labor pool. Their exit from the workforce has been felt, even if they retire later than previous generations.
People who can do basic math predicted the decline in LFPR long before Obama took office. It was inevitable.
Yup, and if you ignore the fact that it went up in flames, the Hindenburg's last flight was quite successful.
In sheer numbers, Baby Boomers are retiring by the boatload, and they're a massive demographic. Everyone forsaw this effecting the labor force... except right-wingers, of course.
Yet almost 600,000 more older Americans (65+) are working today than one year ago.
Conservative policies led to the income inequality. We've been racing to this point since 1980.
So being fiscally conservative has a negative influence on the poor in our economy If they were truly fiscally conservative policies we would be in much better shape then we are. Unfortunately the Conservatives as you call them are not conservative. And Liberals are even worse as we see the current administration growing the National debt by at least two fold compared to the former Administration.
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