Using the workforce participation rate we used the day Obama took office, the unemployment rate would be about 11%.
Please explain how this is not one of, if not THE WORST recoveries in our Nation's history.
You do realize boomers are retiring at a clip of about 250k per month, right?
Easy, we weren't able to spend our way out of it like in previous recessions. Annualized growth of federal spending is at it's lowest point in the last 32 years. I know our debt is very high and everyone likes to pin it on Obama but federal spending has increased by 1.4% over the last 3 years compared to 8.7% in Reagan's first term, for example.