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No it isn't, stop being such a damn drama queen, it is embarrassing to see.The US is on the precipice of economic catastrophe.
Wouldn't that have been during Clinton's Presidency?The Labor Participation rate has been going down for 15 years....why is anyone surprised?
Wouldn't that have been during Clinton's Presidency?The Labor Participation rate has been going down for 15 years....why is anyone surprised?
Of course, if you adjust for Boomers retiring, the LPR has been steadily rising since the bottom of the Bush Depression. Once a Republican is elected the Right will only use a retirement adjusted LPR.But it has been CRASHING only since 2009.The Labor Participation rate has been going down for 15 years....why is anyone surprised?
After decades of rising once Kennedy's tax cut took effect in 1963, and Reagan's tax cuts in 1981.
Wouldn't that have been during Clinton's Presidency?The Labor Participation rate has been going down for 15 years....why is anyone surprised?
Yes... the LPR went UP dramatically after the 94 Conservative Revolution which stripped large percentages of Welfare from the US Federal System, but as Conservative Legislators went back to work in the Private Sector, the "Moderates" who replaced them quickly ran to reinstate the Welfare... and as welfare increases, labor participation, decreases. Can't happen any other way.
I was responding to the specific claim the 11 million people left the labor force. That is not true.U.S. population grew from 306 million to 318 million during the same period, a gain of 12 million.In January 2009, the Labor Force was 154,210,000 and in November 2014, it's 156,397,000, a gain of 2,187,000
Work force participation fell FAR behind population gain during the Obama administration, for the reasons given in the OP.
Nice try.
When someone with low level skills can make almost or just as much sitting on their ass as they could working using those low level skills, there is no incentive for them to work. It's the same with unemployment compensation.
Wouldn't that have been during Clinton's Presidency?The Labor Participation rate has been going down for 15 years....why is anyone surprised?
Yes... the LPR went UP dramatically after the 94 Conservative Revolution which stripped large percentages of Welfare from the US Federal System, but as Conservative Legislators went back to work in the Private Sector, the "Moderates" who replaced them quickly ran to reinstate the Welfare... and as welfare increases, labor participation, decreases. Can't happen any other way.
When someone with low level skills can make almost or just as much sitting on their ass as they could working using those low level skills, there is no incentive for them to work. It's the same with unemployment compensation.
Yep... spot on.
I was responding to the specific claim the 11 million people left the labor force. That is not true.U.S. population grew from 306 million to 318 million during the same period, a gain of 12 million.In January 2009, the Labor Force was 154,210,000 and in November 2014, it's 156,397,000, a gain of 2,187,000
Work force participation fell FAR behind population gain during the Obama administration, for the reasons given in the OP.
Nice try.
The main point, though is that of the 92,447,000 people who are Not in the Labor Force....85,902,000 do not want a job. That's 34.5% of the population that does not want to work.
In January 2009, it was 74,281,000 who did not want a job....31.9% of the population.
So the reason the Labor Force Participation Rate has gone down is that a lower percent of the population wants to work.
Except for that whole seasonally adjusted thing.On the other hand 312000 jobs were added last month...a direct result of congress passing legislation that HARRY Reid immediately acted on and our genius president signed into law. Working together for America.
A lot of that is seasonal hiring leading up to Christmas....
Wouldn't that have been during Clinton's Presidency?
Yes... the LPR went UP dramatically after the 94 Conservative Revolution which stripped large percentages of Welfare from the US Federal System, but as Conservative Legislators went back to work in the Private Sector, the "Moderates" who replaced them quickly ran to reinstate the Welfare... and as welfare increases, labor participation, decreases. Can't happen any other way.
When someone with low level skills can make almost or just as much sitting on their ass as they could working using those low level skills, there is no incentive for them to work. It's the same with unemployment compensation.
Yep... spot on.
My point of asking rightwinger about it being during the Clinton presidency is to see if he would blame previous Presidents for having caused it. I've found that Bush got blamed for 9/11 by many like rightwinger because it happened during his time in office.
Yeah... I get that. The problem is that 'Rightwinger' is an imbecile. I just thought I'd bypass all the weeping and gnashing of its rotten tooth... and just note the facts.
Yes... the LPR went UP dramatically after the 94 Conservative Revolution which stripped large percentages of Welfare from the US Federal System, but as Conservative Legislators went back to work in the Private Sector, the "Moderates" who replaced them quickly ran to reinstate the Welfare... and as welfare increases, labor participation, decreases. Can't happen any other way.
When someone with low level skills can make almost or just as much sitting on their ass as they could working using those low level skills, there is no incentive for them to work. It's the same with unemployment compensation.
Yep... spot on.
My point of asking rightwinger about it being during the Clinton presidency is to see if he would blame previous Presidents for having caused it. I've found that Bush got blamed for 9/11 by many like rightwinger because it happened during his time in office.
Yeah... I get that. The problem is that 'Rightwinger' is an imbecile. I just thought I'd bypass all the weeping and gnashing of its rotten tooth... and just note the facts.
I was going to test his hypocrisy level and see if he would blame Clinton because he was President just like his type blame Bush for 9/11 for the same reason.
Hah there is a lot of space between someone saying "everything will be fine" and your overly dramatic shrill cries of impending doom.Never mind folks, the Left says everything is gonna be fine.
Except for that whole seasonally adjusted thing.On the other hand 312000 jobs were added last month...a direct result of congress passing legislation that HARRY Reid immediately acted on and our genius president signed into law. Working together for America.
A lot of that is seasonal hiring leading up to Christmas....
Hah there is a lot of space between someone saying "everything will be fine" and your overly dramatic shrill cries of impending doom.Never mind folks, the Left says everything is gonna be fine.
