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Joe Biden Accidentally Touts Falling Labor Participation Rate
Pundit Press ^ | 10/21/14 | Aurelius

Posted on 10/21/2014 12:51:54 PM PDT by therightliveswithus

Joe Biden accidentally touted the low and falling labor participation rate on Twitter by touting the decline in long-term unemployment.

The Vice President tweeted this graph, which he says shows a sharp decline in unemployment thanks to jobs created by the Obama Administration:

Unemployment Graph

Unfortunately for Mr. Biden, this graph looks oddly similar to this graph, which charts the labor participation rate in the United States:

Joe Biden Graph

There is a strong correlation between the amount of people who have dropped out of the work force because they have been unemployed for so long and the drop in the unemployment rate.

Further complicating Mr. Biden's graph is the fact that short term unemployment (both 5 weeks or less and 5-14 weeks) have both gone up. By over 100,000. Since December, which is what he touted.

(Excerpt) Read more at thepunditpress.com ...


TOPICS: Politics
KEYWORDS: economy; joebiden; unemployment

1 posted on 10/21/2014 12:51:55 PM PDT by therightliveswithus
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To: therightliveswithus

If you’re a Democrat, this is something to tout. More free time to party and watch TV while suckling on the public teat.


2 posted on 10/21/2014 12:53:23 PM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: therightliveswithus

Pop the corn and watch SloJo-TV. Entertaining as can be!


3 posted on 10/21/2014 12:53:32 PM PDT by BigEdLB (Now there ARE 1,000,000 regrets - but it may be too late.)
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To: therightliveswithus
This economy sucks.

This is another difference between the democrats of the late seventies and the democrats of today - today they shamelessly put lipstick on the pig.

No lie is too outrageous. The democrats are all over the place, talking about how wonderful things are.

4 posted on 10/21/2014 12:57:11 PM PDT by skeeter
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Comment #5 Removed by Moderator

To: therightliveswithus

6 posted on 10/21/2014 1:22:44 PM PDT by W. (Joe Biden is Tourette's Guy from Youtube? Well, that explains it!)
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To: therightliveswithus

7 posted on 10/21/2014 1:48:51 PM PDT by VeniVidiVici
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To: therightliveswithus
Joe Biden Accidentally Touts Falling Labor Participation Rate

I thought our new Ebola Czar, Ron Klain, had the responsibility of keeping the "GaffMaster", Idiot Joe Biden, from making idiotic statements. I guess like everyone in the 0bama regime, he is being promoted several steps above his level of incompetence.

8 posted on 10/21/2014 3:02:48 PM PDT by The Sons of Liberty (I want a Speaker who'll stick that pen and phone where no one but Reggie Love can find it!)
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