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Author Topic:   Welcome to the Obama Economy
jwhop
Knowflake

Posts: 9219
From: Madeira Beach, FL USA
Registered: Apr 2009

posted December 22, 2016 05:31 PM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
So, while Obama and his sycophants are bragging about the Obama economy:

There are 94,000,000 Americans out of the labor force.

The Labor Participation Rate is the lowest in roughly 50 years.

Family income in America is down about $2500 per family.

AND...

The number of young people still living with their parents is the highest in 75 years.

THE AGE OF OBAMA: Number Of Young People Living With Their Parents Rises To 75 Year High

In 2008 and 2012, young voters helped propel Obama to the White House. They made up a significant portion of his base. For their loyalty, they’ve been rewarded with terrible job prospects. As a result, many of them are still living with their parents.
http://americanlookout.com/the-age-of-obama-number-of-young -people-living-with-their-parents-rises-to-75-year-high/

January 20, 2017 can't come too soon.

Current U-6 Unemployment Rate is 9.0% (BLS) or 13.0% (Gallup)

Current U-6 Unemployment Rate:

U3 vs U6 UnemploymentFor November 2016 the official Current U-6 unemployment rate was 9.0% down from last month’s 9.2% and below the recent low of 9.3% in April and September and October’s 9.2%. On the other hand the independently produced Gallup equivalent called the “Underemployment Rate” was up to 13.0% in November and 13.8% in April and 13.1% in August. The current differential between Gallup and BLS on supposedly the same data is 4.0%!
http://unemploymentdata.com/current-u6-unemployment-rate/

The number of Americans working 1-34 hours per week is 36,158,000.

That's right, people who are only working 1 hour per week are considered to be "employed".... in Obama's unemployment number of 4.6%.
http://www.bls.gov/cps/cpsaat19.htm

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Ra
Moderator

Posts: 1833
From: Kentucky
Registered: May 2009

posted December 24, 2016 12:18 PM     Click Here to See the Profile for Ra     Edit/Delete Message   Reply w/Quote
That's the truth.

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