Showing posts with label Fail. Show all posts
Showing posts with label Fail. Show all posts

Tuesday, September 4, 2012

The Grim Reality That The Democrats Cannot Explain Away: Labor Force Participation Rate Since January 2009


Bureau of Labor Statistics
Data extracted on: September 3, 2012 (7:39:11 PM)
Labor Force Statistics from the Current Population Survey

(Click to enlarge...)


You can plug in dates for yourself, and see the results. It's interactive, it's fascinating, it tells the story of a massive failure, a slow-motion train wreck.

As you do, remember that Himself campaigned on the promise that he would reverse this trend, that He would bring the economy back.

He didn't. A few firms, such as GM and Chrysler (with heavy union presence) were salvaged. The destruction of wealth that occurred during that process is never mentioned. 

Hundreds of billions of dollars borrowed and spent, and this is the result.

This is a picture of failure.