Obamanomics: For Every One Person Added to Labor Force, 10 are Deducted from the Labor Force
Posted in: Barack Obama,Economy,Epic Fail,Labor Force,Michelle Obama,Obamanation,Obamanomics,Recession,The Lying King,Unemployment
The entire failed Obama economy and job recovery summed up in one chart …
Forget the fabricated unemployment numbers, forget all the complicated numbers fed to us for human consumption. For those not completely versed in economics and how the political numbers game works, you need to look no further than the following charts that sums up Obamanomics and his failed job recovery …
From the Weekly Standard … For Every 1 Person Added To Labor Force Since January 2009, 10 People Added To Those Not In Labor Force.
“For Every 1 Person Added To Labor Force Since January 2009,” the chart reads, “10 People Added To Those Not In Labor Force.”
That is, in nearly the four years, since President Obama took office in January 2009, only 827,000 people have been added to the labor force, while during that same time period, 8,208,000 have been added to those not in the labor force.
The chart relies on data available from the federal Bureau of Labor Statistics.
As the Lonely Conservative reminds us, this piece of important information must have been missed by Michelle Obama when touting Barack’s economy and jobs recovery. Imagine that, it would appear that Obama’s recovery is not as “huge” as Michelle thinks.
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