You tell me
Growth is not jobs numbnuts.
Even hard core leftist economists admit private jobs have not come back.
You're even to the left of them. LOL
Gallup Poll: U.S. Uninsured Rate Down 1.2% since end of 2013
- Thread starter exGOPer
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Growth is not jobs numbnuts.
Even hard core leftist economists admit private jobs have not come back.
You're even to the left of them. LOL
You tell me
Google Labor Force Participation Rate. Then get back to me. Take your time.
Ok, how many decades does Obama have to be President in order for him to be (retroactively) responsible for jobs?
3 words: Balance sheet recession
Cop out. If consumers were broke, and Main Street banks were broke, and all those TBTF financiers had been allowed to go broke, then the remaining, healthy businesses would have expanded investment and employment using all the newly available credit and rapidly growing sales!
So first it was jobs, now its the labor participation rate.
You do know that more than half of the decline in participation rate can be explained by retirement of baby boomers.
http://www.washingtonpost.com/blogs...e-worst-labor-participation-rate-in-40-years/
Second, the employment-to-population ratio has been stable and inching up after the great fall during the recession.
Now why don't you deflect into a different topic given this one didn't work.
He's only responsible for his time as President. Feel free to graph the LFPR during his Presidency to show what a success it has been.
Presidential influence is quite clear in the data:
<img src="http://asianconservatives.com/wp-content/uploads/2012/05/U.S.-Labor-Participation-Rate.jpeg">
Yeah, it's the same friggen topic. Do try to keep up.
It can be explained marginally. You obviously only read the parts of that article that gave you a "tingle down your leg". You left out gems like this:
Sure, can't get a job, go back to school. I would. Of course that goes into the large student loan bubble that we're currently experiencing as well, and the massive increase of defaulting payments on those as of late. But why ruin a perfectly good talking point with facts. Let's stick to LFPR.
Second, the employment-to-population ratio has been stable and inching up after the great fall during the recession.
Wow, that's odd. Because the BLS itself doesn't show that type of chart. Here is theirs:
http://data.bls.gov/timeseries/LNS12300000
This shows the whole workforce, not a demographic slice that's convenient. And, just to clarify, this is the U3, not reflective of people who are underemployed, or have given up and become discouraged.
Didn't work for who?
