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View Full Version : Liberals: The era of Reaganomics is finally over



Little-Acorn
01-10-2014, 12:35 PM
Unfortunately, they are correct.

According to the Federal Government's Bureau of Labor Statistics, the "Labor Force Participation Rate" (The percentage of the population age 16 or over, who is employed or looking for work) has fallen to levels not seen since the Jimmy Carter years - the time when the "Misery Index" was invented to describe how bad things were.

The "Unemployment Rate" is the percentage of people who are unemployed but still looking for work. IN other words, In other words, the percentage who are unemployed but still in the labor force.

If the number of people in the labor force declines, that means they are unemployed but NOT looking for work any more.

More people have been driven out of the labor force, giving up looking for work, than any any time in more than 30 years, undoing everything Reagan managed to do.

Part of Obama's legacy. And not a "small" part.

http://www.debatepolicy.com/attachment.php?attachmentid=5860&d=1389375151

.

CSM
01-10-2014, 01:01 PM
It's Bush's fault!

aboutime
01-10-2014, 01:47 PM
Unfortunately, they are correct.

According to the Federal Government's Bureau of Labor Statistics, the "Labor Force Participation Rate" (The percentage of the population age 16 or over, who is employed or looking for work) has fallen to levels not seen since the Jimmy Carter years - the time when the "Misery Index" was invented to describe how bad things were.

The "Unemployment Rate" is the percentage of people who are unemployed but still looking for work. IN other words, In other words, the percentage who are unemployed but still in the labor force.

If the number of people in the labor force declines, that means they are unemployed but NOT looking for work any more.

More people have been driven out of the labor force, giving up looking for work, than any any time in more than 30 years, undoing everything Reagan managed to do.

Part of Obama's legacy. And not a "small" part.

http://www.debatepolicy.com/attachment.php?attachmentid=5860&d=1389375151

.



Little-Acorn. It seems. The Obama administration, and the Democrats in Congress will never be fully satisfied with Unemployment numbers until...they reach the 100%, socialist Solution where all U.S. Citizens are FULLY, and PERPETUALLY, DEPENDENT upon BIG Govt to totally control every aspect of life. That will be the one, and only way they can DO AWAY with our Constitution.

I know many think I am crazy, and just making stuff up here.
But...I dare anyone to prove me wrong with valid, verifiable, absolute proof.

fj1200
01-10-2014, 02:15 PM
Unfortunately, they are correct.

http://www.debatepolicy.com/attachment.php?attachmentid=5860&d=1389375151


Your graph is a bit cherry picked.
http://data.bls.gov/generated_files/graphics/latest_numbers_LNS11300000_1948_2013_all_period_M1 2_data.gif

Of course BO and his policies still suck because the graph skews down more quickly than it should. The real kicker is in the young getting screwed.


Demographics explain part of the drop in labor force participation — as America ages, more and more workers will retire — but not all of it. In fact, the Labor Department noted days ago that the American workforce is also skewing older, as the rates of younger Americans participating in the labor force continues to drop:
http://cdn.theatlantic.com/newsroom/img/posts/2014/01/Screen_Shot_2014_01_10_at_9.25.42_AM/3245886e3.png
http://www.thewire.com/business/2014/01/curious-case-americas-shrinking-labor-force-participation-rate/356889/