The declining participation rate, coupled with the persistently high unemployment rate, is actually very depressing.
I’m not sure why the parades are beling planned to celebrate today’s numbers.
242 million people were employed on Barry’s first day....243 million are employed today. Not exactly keeping up with the population growth.
NOT ONE of them picked up on the record-low labor force participation rate, which just infuriated me.
I was posting the above right as Rush came on the air and said the exact same thing about the labor force participation rate and literally jumped for joy that someone else (Rush) had the same facts firmly in hand and was ready to talk about it.
Unfortunately, this TRUTH is likely only to be told in two places: Rush Limbaugh's radio show, and here on FR.
THAT'S DEPRESSING.
I do still think that the Romney-Ryan campaign ought to pick up on the FACT that today's numbers really aren't that great and break it down for the average American to understand:
When it's put in simple terms such as that, the facts are irrefutable and the average American is going to know in their heart of hearts that Romney's correct. We all see the harsh unemployment conditions all around us. If Romney-Ryan would use the "81 Jobs Per State, Per day" line it'd ring true with everyone.