The job
report for May just came out, and contrary to what Hillary and Obama claim, the
job market sucks. The employment job
number dropped from 4.9 to 4.7 because 450,000 people dropped out of the
market. That is, they dropped out of
receiving unemployment benefits. This is
what Obama and Hillary will point to as a successful job market. In addition the labor participation rate when
down again to 62.6%. But, even though
the labor participation rate is down and has been down for the Obama administration,
it is never discussed. So, when Obama
claims great job creation of 14 million jobs since he took office, he neglects
to mention the labor participation rate dropped. The lowest in nearly 40 years. Government over regulation and Obamacare are
the main cause of this latest job report.
Also, approximately 468,000 jobs were moved to part time. But, Hillary and Obama believe we need more
government regulation to put the government in more control of the
economy. Now, how well does government
control of the economy work. Just look
at
Venezuela, Cuba, and North Korea as prime examples in addition to European socialism. Welcome to Obama’s failures that he will blame, the republicans, Bush or anyone else but his administration and Hillary wants to continue these failures. Wake up America.
Venezuela, Cuba, and North Korea as prime examples in addition to European socialism. Welcome to Obama’s failures that he will blame, the republicans, Bush or anyone else but his administration and Hillary wants to continue these failures. Wake up America.
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