Dad2three
Gold Member
Well gee the unemployment rate speaks for itself. Also, the labor participation has to do with baby boomers and more people going on disability - not just discouragement.Historic high huh? Obviously that was before the 08 crash. That means it was declining before Obama took office. Either way it wouldn't change the fact that 11 million jobs have been created since Obama's presidency began. 3 million of those came directly from his stimulus package.Lol oh really? Businesses just now are picking up? Don't be dumb. We've had consistent private sector job growth since 6 months into Obama's presidency.
Wrong again.
The workforce participation rate, which was at historic highs under Bush, has constantly gone down since Obama took office. It is STILL at and a low of 62.8% as of the end of 2014. Bush had 66+% his entire time, only started going downhill after he became a lame duck and Dems took over Congress in 2007.
The Truth hurts: Bureau of Labor Statistics Data
Do we even need to mention all percentage of people on welfare under Obama?
The only way unemployment rates went "down" under Obama is when those people LEFT the workforce and STOPPED looking for a job.
But you people cannot acknowledge that those facts, your programming won't allow it.
If so many jobs were created, why are there so many people still out of the workforce? Don't forget there has been a lot of population growth as well over 10 years, which is why percentage of the population in the workforce is more accurate.
The national median age has not gone up significantly over the last ten years. The excuse of the baby boomers retiring is total BS. We have had a surge in young people with immigration to offset retiring people.
When people drop out of looking for a job because they cannot find one, that is due to discouragement, not some fantasy jobs bill Obama passed.
Did all those baby boomers go on welfare as well? Is that why welfare is at record highs too? Lol
Retirement Among Baby Boomers Contributing To Shrinking Labor Force. According to The Washington Post, many economists agree the shrinking labor force participation rate is largely explained by a demographic shift, wherein "baby boomers are starting to retire en masse":
But since 2000, the labor force rate has been steadily declining as the baby-boom generation has been retiring. Because of this, the Federal Reserve Bank of Chicago expects the labor force participation rate to be lower in 2020 than it is today, regardless of how well the economy does.
The incredible shrinking labor force - The Washington Post
DUBYA/GOP 'JOB CREATOR' POLICIES LOST 1+ MILLION PRIVATE SECTOR JOBS IN 8 YEARS, OBAMA HAS 11+ MILLION PRIVATE SECTOR JOBS SINCE OBAMACARES PASSED FEB 2010 (NET 7 MILLION SINCE JAN 2009)
And it's Obama who is the problem *shaking head*
Bureau of Labor Statistics Data