OBAMANOMICS: WOW, yet another record for President Barack Obama to be proud of …
From The Weekly Standard comes Barack Obama’s dismal record on employment and job recover … Obama has 30 of the worst employment months in the past 25 years. Ever wonder why Obama wants to distract from his terrible record over the past 4 years? Look no further than the fact that the 30, or 32, including ties, worst months for employment in the past 25 years have all come after the most recent recession ended, in June 2009 in the time during the Obama “recovery.”
The federal government’s Bureau of Labor Statistics publishes monthly tallies for the employment-population ratio. That stat shows something rather straightforward: Among those who are living in America and are free to pursue employment, what percentage are employed? (The bureau excludes those who are under 16 years old, are active-duty military, or are — in the bureau’s own words — “inmates of institutions (for example, penal and mental facilities, homes for the aged),” from its tallies.)
Over the past quarter of a century (a total of 300 months), dating back to May 1987 and the Reagan administration, here are the 30 worst months (that is, the bottom 10 percent) for the employment-population ratio, along with the president who happened to be in office at that particular time (scroll down to the see the list):
A record number of Americans are no longer in the workforce under Obama, another record to be proud of.
Really America … do you honestly think that Obama deserves reelection? He cannot blame this one on Bush, these disastrous employment months came during the Obama job recovery period.