Thursday, June 26, 2014
Five years into our 20-year lost decade
On his Legal Insurrection blog, William A. Jacobson opens with this “Decline is slow… but in the end as a nation, we are less well off and the way out becomes more difficult every year…., and then reports:
"Did you notice it?
Adjusted for seasonality, the labor force participation rate (LFR) has never increased — not once — under Obama! Normalized by month, the LFR has been on a non-stop ride to progressive Utopia (i.e., full unemployment).
This is a stunning repudiation of the Obama economic agenda. Stunning."
