The Obama Depression is a killer that’s getting worse, not better.
“If the same percentage of adults were in the workforce today as when Barack Obama took office, the unemployment rate would be 11.1 percent. If the percentage was where it was when George W. Bush took office, the unemployment rate would be 13.1 percent.”
On the other hand, according to Spengler:
“The official unemployment rate is 8.1%. Include so-called discouraged workers, and it jumps to 15%. And if we include so-called long-term discouraged workers, the part of the adult working-age population that simply has disappeared from the labor force, it jumps to 22%“
No surprise here. You knew the feds were manipulating the data to save Obamaloot and his Democrat cronies, right? Someone’s got to pay for Michelle’s vacations. Why shouldn’t it be you?
THE TEXAS SCRIBBLER 