Community Organizer President
Of all the stupid, insulting, nonsensical things Obama has said this is my favorite*:
“You can give America the shaft, or you can give it a raise.”
This “community organizer” has had 6 years to drive us out of that ditch, and what has he done? The fake 6.6% unemployment rate is fooling no one but the LIVs.
White House apologists point to the lower 6.6 percent unemployment rate. But the declining percentage rate is largely the result of a shrinking labor force participation rate, as discouraged, long-term, jobless Americans stop looking for work and are no longer counted among the ranks of the unemployed.
If these workers officially reentered the work force, the real unemployment rate would be 9.6 percent, says the University of Maryland’s business economist Peter Morici.
The administration’s defenders say the declining labor force is the result of rising baby boomer retirements, but it turns out that’s not true.
“Baby boomer retirements are not driving down the adult participation rate. The percentage of working seniors aged 65 to 69 has risen to 30 percent from 27 percent over the last decade,” Morici says.
Many, if not most, older, lower income Americans are not working because they want to, but because they must to make ends meet.
His policies are directly responsible for our anemic economy, and yet the left so craves power it will do anything – lie, cheat, steal – to remain.
Thus, the minimum-wage snake-oil. Sure to ensnare the stupid.
*of this week. Seriously?!! You can’t expect me to pick a favorite!