Why are you guys so irrational. Obama's tenure has seen the GREATEST wealth creation in modern times. Look at the stock market (DOW from 6000 to 17000 and both the S&P and the NASDAQ have doubled and more). Look at the employment numbers also. Don't tell me he had nothing to do with it, because his policies would have been blamed if the dial had gone the other way.
yea RIGHT obama did that...... thats the funny part, though he wants the kill the country's economy, he is such a failure, he cant even do that right.... the county defies him thats why the market is up.
Careful scr20022000, live by the numbers, die by the numbers.
With a shrinking Q1, and a missing the Q1 reported number by 3.9%, you should be very careful when boasting when using the numbers reported from DC these days. Lets not forget the real unemployment number of more than 12%, and the lowest labor participation rate not seen sense the Carter years.
AP from April 2014 (U.S. Labor Force Participation Rate Lowest Since 1979)
""Unemployment dropped for all the wrong reasons," says Craig Alexander, chief economist with TD Bank Financial Group. "It dropped because more workers stopped looking for jobs. It signaled less confidence and optimism that there are jobs out there."
The participation rate peaked at 67.3 percent in 2000, reflecting an influx of women into the work force. It's been falling steadily ever since.
Part of the drop reflects the baby boom generation's gradual move into retirement. But such demographics aren't the whole answer.
Even Americans of prime working age — 25 to 54 years old — are dropping out of the workforce. Their participation rate fell to 81.1 percent last month, tied with November for the lowest since December 1984.
"It's the lack of job opportunities — the lack of demand for workers — that is keeping these workers from working or seeking work," says Heidi Shierholz, an economist at the liberal Economic Policy Institute. The Labor Department says there are still more than three unemployed people for every job opening."