Friday, September 07, 2012

Everybody out of the labor pool

Zero Hedge: "The reason why the unemployment rate dropped: the labor participation rate is at fresh 31-year lows."

At a campaign stop today, Obama laid blame for the anemic job growth.  I'll give you three guesses who he blamed and the first two don't count.

Extra - James Pethokoukis - "The awful, awful August jobs report."


The Sanity Inspector said...

Yes, he inherited a mess. But he ran on his ability to lead us out of the mess. Hasn't happened!

Nigel Tufnel said...

The chart shows the numbers dropping throughout Bush's 8 years in office.

Then they started falling off the cliff before the end of his 8 years in office, by which time America had been led into the worst financial crisis since the Great Depression.

The GOP has made no legitimate proposal to improve these numbers. They didn't take action while Bush was in office or while they had control of Congress. They didn't intervene in the financial sector to prevent the meltdown. Evidently they now believe thwarting such efforts is in the interests of average Americans.

Therefore we should hand the keys back to the GOP.

Anonymous said...

But the numbers aren't good yet! And nobody can't not un-prove no negative... ROMNEY 2012!