Food Stamp Economy
People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Levels
Had Labor Participation Held Constant, Unemployment Would Be 11.1 Percent
Obama's Euro-style "recovery": Taxpayer money is used to expand the Government-dependent Democrat voting bloc, and all blame is put on the investing/employer class, which is demonized as the "Selfish One Percent."
Meanwhile, Government victimizes the young by running up a staggering intergenerational debt load, while keeping interest rates near zero, which devastates the incomes of retired and elderly savers. At the same time, Wall Street traders do just fine, and favored crony capitalists do also, as piles of taxpayer money are shoveled their way to be squandered in green energy boondoggles the capital markets wouldn't touch with a ten-foot pole.
Obama is doing either a godawful job, or an awesomely good job -- depending on what you think he's trying to do.
Byron
Had Labor Participation Held Constant, Unemployment Would Be 11.1 Percent
Obama's Euro-style "recovery": Taxpayer money is used to expand the Government-dependent Democrat voting bloc, and all blame is put on the investing/employer class, which is demonized as the "Selfish One Percent."
Meanwhile, Government victimizes the young by running up a staggering intergenerational debt load, while keeping interest rates near zero, which devastates the incomes of retired and elderly savers. At the same time, Wall Street traders do just fine, and favored crony capitalists do also, as piles of taxpayer money are shoveled their way to be squandered in green energy boondoggles the capital markets wouldn't touch with a ten-foot pole.
Obama is doing either a godawful job, or an awesomely good job -- depending on what you think he's trying to do.
Byron
posted by Byron | Tuesday, April 09, 2013
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