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Time to play offense on the shrinking workforce
American Thinker ^ | August 10, 2016 | Jerry Korth

Posted on 08/10/2016 5:31:04 AM PDT by expat_panama

When is someone on the right going to expose the bogus employment and new job creation statistics being bandied around by almost everyone on the left? Usually, the media lets Obama and his minions drone on about the U3 unemployment rate of 4.9% or so and the number of “new jobs” created each month over the past seven years under Obama. Occasionally, a conservative media pundit will call them on the fact that there are many folks who have given up trying to find a decent job and have left the workforce and that many of those “new jobs” are low wage and part-time jobs.

But even that kind of correct reporting on the uncounted long term unemployed (without work for over 27 weeks) and the “new non-farm private sector job creation” doesn’t get to the heart of the matter...

...No wonder Obama’s deficit spending and quantitative easing which added $9 trillion to the national debt since 2008 has only produced a paltry growth in Nominal GDP from $14.58 trillion per year in 2008 to $16.51 trillion today, an increase of $1.93 trillion. This equates to an average annual GDP increase of only about 1.4%.

When will the RNC wake up and start beating this drum?

(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: economy; investing; workforce
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To: bert

You’re one of the fools(useful idiots) that thinks Corporations that out source for dirt cheap labor pass on the saving to consumers.


21 posted on 08/10/2016 7:00:27 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: expat_panama

Look at it this way:
IF the unemployment is 5%,
And 94 million of people are out of work,
That means that if 5% is 94 million then,
The 95% that are working is 1.9 billion.
Libtard arithmetic...


22 posted on 08/10/2016 7:22:28 AM PDT by CPOSharky (Ban "gun free" zones. They are magnets for mass killers.)
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To: All
Anybody have any thoughts on infrastructure spending the next two years? I've recently bought USCR on the chance there will be some building going on as both politicians have promised to spend on more building.
23 posted on 08/10/2016 8:23:35 AM PDT by BipolarBob (#WhiteTrashLivesMatters)
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To: central_va

FYI..... I don’t know where you are from in Virginia, but Trump was in Abington this afternoon. His speech was streamed on the local Channel WJHL. He hit all the normal subjects but with 4 rows og miners behund him with Trump Digs Coal signs he told them that he would restore coal and the jobs.


24 posted on 08/10/2016 2:00:56 PM PDT by bert ((K.E.; N.P.; GOPc;WASP ....Opabinia can teach us a lot)
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