Hey, did you hear? The unemployment rate is down to 5.9%. If you listen to the leftist propaganda media, or the Obama regime, you’d think the American economy was booming. Problem is, the reason why the unemployment rate is down to 5.9% is not because of a booming economy. It’s from two factors. Obama’s corrupt regime cooking the book, and the labor participation rate falling to it’s lowest rate since the days of previously worst president in modern American history, Jimmy Carter. This chart explains it perfectly:
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| Obama’s jobless recovery |
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#FAIL Obama's jobless economy… pic.twitter.com/aKcUQXx5tX @hankishtwit @Vbiii241 @HostileUrbanist @kyleraccio
— Kelly (@KLSouth) October 18, 2014
I suppose less labor participation and more people dependent on governor could be considered a success by progressive liberal Democrats.
So if you are foolish enough to think the economy is in wonderful shape, be my guest. Why is the stock market as high as it as, even though it”s been crashing lately? The answer is simple money printing by the Federal Reserve.