The labor force participation rate continues to decline in this, the 7th year of Obamanomics!
The overall labor force participation rate is now 62.6% — down from 62.9% in May 2015.
It is now 62.6% — down from 66.1% under President G.W. Bush in June 2005 — 10 years ago.
Clearly, the Obama/Pelosi/Reid/Democrat high tax redistribution strategy has failed to encourage employment. Many workers have simply given up looking for work. Paying people not to work produces more non-workers!
Even Black-Americans are suffering under the first Black president. What has Obama done for them? Nothing! There is clearly a big difference between Black and White median income. See the attached pathetic history (link below) .
Let’s not make this problem complicated. The prosperity of a nation is determined by the collective productivity of its people. America’s declining participation rate explains America’s declining prosperity under the liberal- leftist Democrats. Again, paying people not to work produces more non-workers! It’s as simple as that.
Do you really want Socialism and an authoritarian government in Washington controlling our nation and your life? I hope not!
Obama and his fellow Democrats have already taken us further in that direction than anyone could have imagined. The faltering economy is the result. The election of Hillary – always on the coattails of a president – would most certainly assure a continuation of the radical transformation that Obama has instigated.
Hillary has offered nothing new. She would most certainly put the final nails in the coffin of the traditional American-Way.
In God we must trust . . . but we must always do our part – to secure and promote the truth and a better way – to protect our freedom and interests – and to defend the Judeo-Christian American-Way.