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Politics : President Barack Obama

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To: tejek who wrote (146111)10/16/2014 10:16:56 AM
From: RetiredNow1 Recommendation

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slowmo

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Those statistics are bullshit because the Labor Force Participation Rate went up a full 2% during the Reagan Administration, whereas, under Obama it has gone DOWN by a full 3%. What that means in terms of Employed people is that Reagan not only decreased the unemployment rate, but he also pulled people who were no longer in the workforce back into the workforce. Obama's declining Unemployment Rate is almost entirely due to people LEAVING THE WORKFORCE. Obama's jobs improvement is almost completely a mirage.


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