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re: Record 95,102,000 Americans Not in Labor Force; Up 18% Since Obama Took Office

Posted on 1/6/17 at 5:55 pm to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124273 posts
Posted on 1/6/17 at 5:55 pm to
quote:

I was mostly referring to the blip you see between 2006 and 2010 on the LFP rate graph
Do tell.

Posted by AlaTiger
America
Member since Aug 2006
21127 posts
Posted on 1/6/17 at 9:01 pm to
Looks like Baby Boomers retiring and Millennials not entering the workforce in the same numbers. Lots of things were set back by the 2007-2009 Great Recession as well. People stayed in school longer and trillions of dollars in wealth were wiped out. Blaming Obama for ALL of this is just stupid, in my opinion.

Inflation has stayed low, interest rates are incredibly low, taxes are higher, but it isn't like they are THAT much higher to create a huge contraction of business. What has Obama done to drive the LFP that low if it isn't about demographic issues? Can you list his policies? Because, those are the things that we need to change right away to get it back up, right? So, let's change those things that Obama instituted to drive the LFP down 5%
This post was edited on 1/6/17 at 9:04 pm
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