Despite another seemingly good jobs report, President Obama's approval rating is lower than a snake's belly, and Republicans could retake the Senate in November.
Missteps in the Ukraine, Iraq and elsewhere weigh on voters' minds, but the economy — especially the jobs picture — is not what Obama cracks them up to be.
The 5.9 percent unemployment rate is a fraud. The percentage of adults working or seeking employment is the lowest since women began entering the labor force in larger numbers in the 1970s.
Were the labor force participation rate the same today as when Obama took office, unemployment would be about 10 percent. Wages remain stagnant and household incomes are well below pre-crisis levels.
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4 comments:
So why get a degree?
Obama and the democrat's policies are creating low paying jobs too.
There open door immigration policy guarantees wages will stay low because of the steady stream of people willing to work for the low wages.
9:14-Or for food like their signs say.
All CPA's saw this Obama health care as a job killer many years ago. Businesses just barely surviving would sink once the forced health care has to be paid. The other survivor businesses would be forced to cut employee hours just to comply and hire more employees fill their needs (stay under the hourly requirement or pay health care $$$. Employees then have to get second jobs just to survive. Any sensible person could see this coming except liberals who think everything in life is free including health care. The full trickle down effect from Obamacare has yet to be seen. A lack of income drives everyone needing money to do whatever they might not have done otherwise. We are only at the beginning, between the haves and the have nots. I'll be glad when those most responsible receive their just rewards too. This isn't doom and gloom I'm predicting, it's forthcoming reality/common sense that has to happen. A friend used to say, If I'm hungry or my family is hungry, I'll ask you to share, if you refuse I'm going to take it any way I have to even if that means killing you. That's just a small part of our future reality. I'm directing my message at the foolish liberals with your zealot logic and the greedy. Nothing in life is FREE, you and your children will be forced to pay in ways that you cannot yet image. The monetary system will have break in it's entirety, just as it did in the great depression and everything will stop because cash will no longer be king. Those with the most will sink the fastest because of the weight of ownership or debt or both.The old germans from WWII still alive today could provide a lot of valuable insight to our looming circumstance, the best ways to handle it, but it will be survival of the fittest because you won't be able to buy your way out of poverty with green paper. Those at the top, will be topped. Those in power/responsible will suffer as they should. Their God was $$$. Prepare as best you can, it's just common sense. It will be everybody, every family for themselves after it gets rolling.
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