Will
02-03-2012, 2:55pm
http://i167.photobucket.com/albums/u138/willbridges1982/ObamavReaganRecoveryUnemployment.jpg
So, given the Obama regime's (and its lemming followers) perpetual head-in-the-sand routine with regard to our economic situation, and today's release of Jan. 2012 unemployment numbers being touted by the same as evidence of the success of Obama policy, I decided to make myself a new excel spreadsheet with monthly unemployment rate data and labor force participation rate data from 1948 - present.
Then I decided to make a chart of the two from the peak unemployment month of the most recent recession, Oct. 2009, to the current day January numbers. Since it's now 27 months after peak unemployment, I also charted peak unemployment + 27 months from the recession Reagan inherited, which by every meaningful measure was actually worse than the one Obama inherited and the true "worst since the Great Depression."
Then I compared the two.
WOW.
Reagan's recovery unemployment figures represented TRUE growth and employment recovery. Very visible negative correlation with labor force participation.
For the Obama "Recovery" the exact opposite is true. Very visible positive correlation with labor force participation. They almost mirror one another. The REALITY is things aren't really getting better at all with regard to employment. The rate is dropping because PEOPLE are dropping --- from the ranks of those who still have hope and are still actually looking for employment.
Thoughts? Discussion???
:waiting:
So, given the Obama regime's (and its lemming followers) perpetual head-in-the-sand routine with regard to our economic situation, and today's release of Jan. 2012 unemployment numbers being touted by the same as evidence of the success of Obama policy, I decided to make myself a new excel spreadsheet with monthly unemployment rate data and labor force participation rate data from 1948 - present.
Then I decided to make a chart of the two from the peak unemployment month of the most recent recession, Oct. 2009, to the current day January numbers. Since it's now 27 months after peak unemployment, I also charted peak unemployment + 27 months from the recession Reagan inherited, which by every meaningful measure was actually worse than the one Obama inherited and the true "worst since the Great Depression."
Then I compared the two.
WOW.
Reagan's recovery unemployment figures represented TRUE growth and employment recovery. Very visible negative correlation with labor force participation.
For the Obama "Recovery" the exact opposite is true. Very visible positive correlation with labor force participation. They almost mirror one another. The REALITY is things aren't really getting better at all with regard to employment. The rate is dropping because PEOPLE are dropping --- from the ranks of those who still have hope and are still actually looking for employment.
Thoughts? Discussion???
:waiting: