What I am saying is that conservatives paid no attention to the Labor Participation Rate when it was plummeting under Bush
Why? Because it has been expected to drop for the last 50 years. Baby boomers are retiring and dropping out of the workforce
Stop being an ass Rocko and be glad that we had good employment numbers last month
Forget about republican and Democrat for a second, when looking at something as complex as the economy it's foolish to believe that one indicator tells the whole story. Now politically, it was stupid for the Republicans to put all their eggs in one basket with the unemployment numbers, but that doesn't change the fact that we are worse off since Obozo took office.
Unemployment has dropped over 4% under Obama. How is that not better?
The one criticism that Democrats had for the low unemployment under Bush was the types of jobs and they were low paying. We are finding us under the same situation here but much worse. So, why is this good news under Obama and band news under Bush?
WORSE? lol
The Spectacular Myth of Obama's Part-Time America—in 5 Graphs
The first thing you would expect to see from a Part-Time America is that the number of part-time jobs added would rival the number of full-time jobs added. But in the last year, new full-time jobs outnumbered part-time jobs by 1.8 million to 8,000. For every new part-time job,
we're creating 225 full-time positions.
Okay, but one year is just one year! Let's keep looking.
The second thing we should expect to see from Part-Time America is a growing number of part-time jobs since Obama came into office and started passing laws. Here's a graph showing the number of people working part-time for economic reasons since March 2010, the month Obamacare was passed
Huh, nothing there. In fact, the number part-time workers has fallen in the last four years.
Okay, well, raw numbers can be deceiving. After all, the labor force has declined since 2010. So let's graph these part-time workers
as a share of the labor force. Surely that will show a rising line...
... dang it.
Maybe I'm being unfair. Three years of data just isn't much context. So let's draw back the lens and look at part-time workers as a share of the labor force since, say, 1980...
Okay, now here's something: Part-time work, as a share of the economy, is historically high. But these graphs don't make the point that Obama, or long-term global economic trends, are driving the rise in non-voluntary part-time work. Instead, the rise of part-time work seem to be 100 percent the creation of economic downturns. That's why it seems to be holding hands with unemployment, riding the roller coaster up during recessions, and down during recoveries.
But what about part-time employment for
non-economic reasons? The story here is short and sweet:
There is no story here. The share of Americans working part-time for personal reasons—they're in school; they're raising kids; they're ill—is flat and trending down, according to the
San Francisco Fed.
The Spectacular Myth of Obama s Part-Time America mdash in 5 Graphs - The Atlantic
THIRTY PLUS YEARS OF 'TRICKLE DOWN', , FEELING IT YET?
Link?
