October 01, 2012

The Graph All Obama Supporters MUST See (Sticky)

Please send this to all of your Obama supporting friends and acquaintances. The graph represents the labor participation rate for the past 10 years. As you can see, when Obama took office 65.7% of adults were working. Today, that number has decreased to 63.5%

obama-labor-participation-rate-small.JPG
Click for bigger

Put another way, about 4 million fewer people are working today than when Obama took office. And as you can also see, since Obama's "recovery" began there are even fewer people working then in the worst of the recession he inherited.

The unemployment rate is defined as people looking for work divided by the number of people actually working. The one and only reason unemployment has "dropped" from the recession high is that far fewer people are looking for work today.

Obama inherited a bad economy. No one is arguing that he didn't.

But Obama's policies have made it worse. Fewer people have jobs, incomes are down, government has grown unchecked, the debt has skyrocketed, the economy is growing at the speed of a crawl, and the US is less prestigious in the world.

He is an utter failure. Empirically the worst President in modern history by all fair and objective measurements.

By Rusty Shackleford, Ph.D. at 11:01 PM | Comments |