Posted on 01/11/2014 6:29:57 AM PST by NOBO2012
Announcing the 2013 finalists in The Worlds Most Dubious Recovery Contest:
1. Barack Obama
For his economic recovery which is, by his admission, now into its fifth year. Unfortunately it has proved to be a jobless recovery. With 92 million Americans now officially deemed to be out of the workforce, we have a labor force participation rate of just 62.8% the lowest since 1978.
With only 74,000 jobs created last month, the fewest in five years, the economy managed to create just 1 job for every 5 people who abandoned the American Dream and gave up all HOPE of ever finding a job.
The good news: with such a miserably low labor participation rate weve taken so many people out of the equation that we can now boast the lowest unemployment rate in 5 years! I know! It does seem like mathemagicals!
Or, next candidate,
2. Fidel Castro
For his 7 year recovery from not having cancer. For the record, Fidel himself is surprised to be alive, saying he did not expect to survive not having cancer.
Fidel, in a recent photo, is no longer participating in Cubas labor market.
So take our poll: who do you think deserves this years Most Dubious Recovery Award?
Keep in mind that Fidel is a former winner in the category Most Dubious Caribbean Island Economic Recovery for establishing Promise Zones to provide aid in cutting through red tape to get access to existing resources. Here are some of the results that won him the award:
Promise Zone 1: helping entrepreneurs set up food carts in downtown Havana
Promise Zone 2: helping urban gardeners grow food in Havana - Are you paying attention, Detroit?
Promise Zone 3: avoiding First World traffic congestion by outlawing any vehicle made after 1959
On Big Guys behalf, I should note that having 92 million people out of the labor participation pool means that nearly a third of all Americans are now unproductive! That means we may well be on the way to becoming a Third World Country too! So remember that as you cast your vote(s).
Posted from: Michelle Obamas Mirror
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