So we have the numbers. We have the largest military force of unemployed in the world, and why? China has a 2,335,000 military. So we have a force of 40.6 times the size of the world’s largest military, and it is Americans out of the Labor Force. While Liberals and others scream we cannot afford a larger military, we have 95 million out of work completely. Can we afford the financial disaster this is causing for America as a whole? No, Mr. President, your Obama economy is not looking good. I am not suggesting that all out of the workforce, due to not being able to find any full-time work, citizens should be put in the military, but wanted to show just how large that force was.
A record 94,708,000 Americans were not in the labor force in May — 664,000 more than in April — and the labor force participation rate dropped two-tenths of a point to 62.6 percent, near its 38-year low, the Labor Department’s Bureau of Labor Statistics reported on Friday. Near its all-time 38-year low. That means if we go back to 1978, the years of Jimmy Carter to find a lower labor force participation rate!!! Many readers were not even born, or remember the Carter years, but that was where shelves were empty, and mile-long lines at gas stations, where fights broke out, and service stations would run out of gas, and there were odd/even days to buy gas in some areas. This is a trend. We get a do nothing to actually help the poor, poorly educated and broken families in America, and we find close to Depression realities. IT does not take Wall Street to tell us if the economy is in a depression or not when we live with neighbors all around us fighting to just survive.
When President Obama took office in January 2009, 80,529,000 Americans were not participating in the labor force; since then, 14,179,000 Americans have left the workforce — some of them retiring and some just quitting because they can’t find work. Now the greatest bunch of unemployment B.S. comes out of Obama’s mouth. “By almost every economic measure, America is better off than when I came here at the beginning of my presidency,” President Obama told the people of Elkhart, Indiana three days ago. “We cut unemployment in half, years before a lot of economists thought we would.”
The unemployment rate in May dropped to 4.7 percent, BLS reported, less than half of its Obama-era high of 10 percent in October 2009. But the issue is, there are two ways in which you can lower the unemployment rate. One, the preferred method by Americans, and economists is to create an atmosphere that is open to small businesses to hire more employees, and take more people monthly off the unemployment rolls. The second method is what Liberals believe, and that is to use half-truths, smoke, and mirrors, and not discuss the out of workforce numbers or the new highs in Government employees. It is during periods of government expansion that freedoms are commonly surrendered. When Paul Revere took his midnight ride shouting, “The British are coming,” the colonists were facing a mortal threat from an army intent on taking their land and freedom. Today, the threat is no less real but is not of the type which threatens our life, just our liberty and the pursuit of happiness. Think about it. Our ability to pursue happiness is rendered impossible if we are one of those no longer looking for work, and just trying to survive without living in a cardboard box due to Obama’s economy.
If one was to go to http://www.bls.gov/web/empsit/ceshighlights.pdf , they will see more government jobs and definitive spikes downward over the last couple months in retail, wholesale, mining, construction, logging, utilities, information services, professional and business services. When we look at mining and logging it has seen spikes downward since the end of 2014. We see that many high paying fields have had spikes downward, which if nothing else, one can see foreclosures, repossessions, and lower high-end restaurant customers. Again these will continue to plague America long after Obama has left office.
Next time Liberal lists off a lower unemployment rate, talk about reality and these numbers. These numbers show a pathway to depression, not another boom economy for years to come.