Monday, October 15, 2012

A SINGLE DEVASTATING GRAPH: The Real Obama Jobs Record

This could be the single best illustration of the unemployment catastrophe Barack Obama's policies have inflicted upon the population.

Whether you are rich, poor, old, young, fat, thin, female, male, brown, white, Christian or Jewish, Obama's policies of spreading misery are equal opportunity job destroyers.

...since January 2009, for every person added to the labor force, 10 have been added to those not in the labor force. Here's a chart showing the dwindling labor force:


...That is, in nearly the four years, since President Obama took office in January 2009, only 827,000 people have been added to the labor force, while during that same time period, 8,208,000 have been added to those not in the labor force.

The chart relies on data available from the federal Bureau of Labor Statistics.

In simple terms, the advertised unemployment rate of 7.8 percent is completely bogus. It ignores all those who have stopped looking for work or are employed part-time but want full-time work.

The real unemployment rate -- the true measure of the Obama Jobs Disaster -- has hovered around 14 percent ever since he came to office. And unless we course-correct quickly, the tax, Obamacare and deficit cliffs are poised to kill millions of more jobs in 2013.


Hat tip: BadBlue News.

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