Kind of says all you need to know, doesn’t it?
You can enlarge it to get the full effect, but the upshot is that the number of people no longer in the labor force has grown by ten times the number of people who have been added, who’ve found jobs.
This is a function Obama’s obsession with redistribution over recovery, with “reform” over growth. It is the near-inevitable result of combining Keynesian economics and the Progressive love for statist, technocratic solutions, the delusion that an economy can be directed from above and that a nation can borrow, tax, and spend its way out of economic difficulties. Think I’m nuts? Then ask yourself why the Great Depression lasted seven years longer than it had to. We saw the same hubris then as now, and once again the American people are suffering for it.
So, tell me again, why anyone with a lick of sense would vote to reelect Obama?
PS: Romney-Ryan 2012, because it’s past time for the non-delusional to be in charge.
(Crossposted at Sister Toldjah)