Faun
Diamond Member
- Nov 14, 2011
- 124,443
- 81,359
Obama will surpass Reagan in the next month or two. Currently, Obama is about 4/100ths of a point behind Reagan which is essentially a tie anyway.They're already tied at 7.9%. You have to go to 100ths of one percent to see Reagan holds a very slim margin over Obama. A margin Obama will hold by the end of this year. At which point, you will never hear another rightard mention this idiotic metric.President Obama is very close to passing Reagan for UE numbers, if he hasn't already.![]()
Its not clear yet whether Obama will pass Reagan or not. Obama's current average as President is still the worst since World War II. Provided he stays in office the remaining 15 months and unemployment continues to drop, he has a shot. Unemployment could go up though in the remaining months, especially if the Labor Force Participation rate were to improve.
If the labor force participation rate were still at 66%, unemployment would still be at 10%. Obama's unemployment figures have improved largely because the workforce has shrunk as a percentage of the population.
As far as your nonsense about the labor force participation rate, you cannot prove your claim. It's based on 100% of the folks inclusive in the drop not finding work which is nothing more than a figment of your imagination.