OBAMANOMICS Still Hobbling the Economy–And Hillary Promises More of the Same

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.    

Image: https://howardgeography.wikispaces.com/destiny+mresponseToken=01c72172d737a2f3
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About the author: William Pauwels

William A. Pauwels, Sr. was born in Jackson Michigan to a Belgian, immigrant, entrepreneurial family. Bill is a graduate of the University of Notre Dame and served in executive and/or leadership positions at Thomson Industries, Inc., Dow Corning, Loctite and Sherwin-Williams. He is currently CIO of Pauwels Private Investment Practice. He's been commenting on matters political/economic/philosophical since 1980.

View all articles by William Pauwels

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