Short But Eye Opening

Two quotes cut to the chase.  "In July, according to the BLS, 89,957,000 Americans did not participate in the labor force. In August, that climbed to 90,473,000–a one month increase of 516,000."  And, "In January 2009, when President Barack Obama took office, there were 80,507,000 Americans not in the labor force. Thus, the number of Americans not in the labor force has increased by 9,966,000 during Obama’s presidency."  Nonetheless the Administration and its loyal mainstream media maintain that the drop in the unemployment rate from 7.4% to 7.3% means things continue to improve.  But what they don't tell you is that the decline  in unemployment numbers was a function of people dropping out of the labor market, not an improvement of the jobs picture.  Is this evidence of the recovery the president keeps telling us about? 

http://www.teaparty.org/record-90-million-americans-not-in-labor-force-28204/   

George Burns