Economy that has nowhere to go but up...doesn't
In case you missed it, the economy created 88,000 jobs in March, less than half of what was predicted. As James P. notes, do you know when we get back to full employment at that job creation rate? Never.
This is now officially a Jimmy Carter economy with the lowest labor force participation rate since 1979. But don't worry, President "The Buck Stops There" knows it's not his fault. Must be time for another interview with Steve Kroft.