All that job growth you're talking about, it's all part time jobs. You also need to talk about the underemployed; those college grads who are flipping burgers because your leadership can't create any real jobs. Worst President ever...including Carter.
Great graphs - thanks for posting them.
Missing is the chart that shows the continuous increase in the chocolate ration.
Can we pronounce this to be a “failed presidency” yet?
A terrible curse was laid on the Current Occupant back in the very early days in 2009, when Rush Limbaugh said, “I hope he (Obama) fails.”
It all depends, of course, on what the definition of “failure” is. As a President, the Current Occupant has failed miserably. As a community organizer activist he has exceeded all his personal expectations.
Some of those are a bit ‘cherrypicked’ and could be refuted easily by a Zero supporter (e.g. the median family income bounced a bit since 2012).
While it’s not as intuitive as those you’ve picked, the ‘velocity of money’ or M2 really shows when real economic activity and wealth is happening and when it’s not:
https://fred.stlouisfed.org/series/M2V
Great graphs, what’s the link to them ?
I live in an Age of Lies, where everyday is a Potemkin Village.
Here’s a major problem with the jobs situation.
We have approximately 350,000 people turning 21 each and every month.
This means that in the age range of 18 to say 25, we have 33,600,000 new potential workers.
I address it this way because some try to enter the workforce at 18 (or even before) and others are potential new workers at another point in the eight year period.
When another 150,000 people enter the workforce in a certain month, it sounds great. The fact is, it is terrible. It means 200,000 more potential workers didn’t find work that month. Our out of work numbers go up. In a year that’s 2,400,000 people
There is a new potential workforce of 33,600,000 people who could enter the workforce in that eight year period. Right now we are only adding about 14,400,000 during the eight years. This means we are adding 19,200,000 to our non-working worker rolls.
Think of the new families not being started. Think of the new homes not being bought. Thinks of the children not being born. Think of the potential tax receipts not materializing.
This 150,000 figure each month, is symptomatic of a very sick situation.
In 16 years, just a little over a decade and a half, we’re talking about another 38,400,000 idle workers.
We are only putting to work 42.85% of our new potential workforce members. We are not putting to work 57.15% of our potential new workers every 16 years.
Each month, 57.15% of our potential new workers are added to the body of people in this nation were are able to work, but are not employed.
This doesn’t even touch the underemployed and part-timers who are classified as employed.
This is closer to a Potter’s field than anything else.
This is just plain dismal. It’s a national disgrace what has taken place over the last 16 years.