So the unemployment number last month was 7.3%. It should be good news. Obama is, of course, taking praise for his “achievements” but is it praiseworthy? I’ll let you decide:
The number of Americans who are 16 years or older and who have decided not to participate in the nation’s labor force has pushed past 90,000,000 for the first time, according to data released today by the Bureau of Labor Statistics. The BLS counts a person as participating in the labor force if they are 16 years or older and either have a job or have actively sought a job in the last four weeks. A person is not participating in the labor force if they are 16 or older and have not sought a job in the last four weeks. In July, according to BLS, 89,957,000 Americans did not participate in the labor force. In August, that climbed to 90,473,000–a one month increase of 516,000. In January 2009, when President Barack Obama took office, there were 80,507,000 Americans not in the labor force. Thus, the number of Americans not in the labor force has increased by 9,966,000 during Obama’s presidency.
The Labor Department’s snapshot of the job market in August had several discouraging details underneath a relatively mundane headline number, which showed the economy added an estimated 169,000 jobs which a disproportionate number were part time.
Because many of the jobs are only part time or that previous full time jobs were switched to part time, the US food stamp usage has escalated astronomically. Now, over 48 MILLION people require food stamps. That’s over 11 MILLION more in less than 3 YEARS. Just click on the following link, and you can personally see how its has risen in your area:
http://www.slate.com/articles/news_and_politics/map_of_the_week/2013/04/food_stamp_recipients_by_county_an_interactive_tool_showing_local_snap_data.html
So you be the judge. Are we really moving in the right direction? Is our economy improving? And not to be a pessimist but just think of the negative impact Obamcare will have on the economic scenario?