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To: Wyatt's Torch
"But too many people on this site just don’t want to admit that the economy has been in a recovery. I understand why they don’t want to. And the economy has been recovering IN SPITE OF Obama."

Recovery? Improving? Seriously, are you on drugs?

We're talking about the national economy, not your economy.

Labor Force Statistics from the Current Population Survey

Series Id: LNS11300000
Seasonally Adjusted
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data: Percent or rate
Age: 16 years and over

How about a graph for Real Earnings? By any measure they're below the 1964 level:

Put down the MSM kool-aide and step away from the keyboard.

Self-centered -smells like liberalism.

68 posted on 07/24/2014 12:34:06 PM PDT by Justa
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To: Justa
I don't ever listen to the MSM. I work in finance and see this stuff every day.

Here's the longer term chart for your first one:

Been trending down since 1999. A lot is structural (but not all). Here are the rates by gender and you can see the male participation rate has been declining for 50 years:

I have never disagreed with the wage rates. Again, I have said countless times that Obama has done a tremendous amount of damage. I said in this thread that the recovery is IN SPITE OF HIM. Ignore those comments if you wish...

Now, some info on recovery:

Record high corporate profits:

Record high industrial production:

Record high Manufacturing IP:

record high output of oil and natural gas:

You can ignore all of this if you want. But you missed a hell of a return in the markets over the past few years.

69 posted on 07/24/2014 12:52:48 PM PDT by Wyatt's Torch
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