Monday, July 02, 2012
Obama Ain't Reagan
Another reader-suggested metric to use, and arguably better than my own - employment to population ratio - ie - the percent of the population that is working (indexed to when the presidents were inargurated). Again, Reagan was able to get the country back to it's original level. Obama is still hovering at the lows. And despite what Obama's supporters contend America wants (a government check), most people want jobs.
Well, truly the various metrics are more insightful than raw numbers, but it is noteworthy, that now, when one combines the unemployed with the people "not in the labor force", that we (the U.S.) are now over the 100 million mark of able-bodied people without gainful employment. That number, of course, doesn't include children, disabled, or retired.
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