The unemployment rate is down to 5.0 percent from the recession high of 10 percent, largely because fewer adults are looking for work.
Obamacare. The middle class is finding itself and its employers being forced to pay $$ thousands more for health-care.
That is money on non-productive wasteful activity (a wealth destroyer) that is not spent elsewhere.
1) Because we are importing everything from elsewhere.
That is why.
America needs jobs once again.
How about...
#1. Beginning with the TARP bailout under GW Bush, and continuing under Obama, the US government has attempted to paper-over the economic problems of a few major, well connected corporations with taxpayer money rather than allowing the bankruptcy laws work as they are intended.
General Motors could have reorganized and re-emerged as a leaner, more focused car builder and actually gotten something for the HUMMER line that was essentially given to China. Instead they produce hybrid cars below cost that nobody wants to buy.
The whole scheme has only prolonged the recession in the efforts of not letting it get “too bad” for a shorter period of time.
#2 thru 5: see 1.
Weak, how can that be? Yellen wants to raise Interest Rates because the Economy is humming along.