Well I guess we all missed it: President Obama has gotten us out of the recession! Oh wait, but that’s not true at all.
In his press conference on Monday, Jay Carney said the Obama administration has pulled the nation out of the “Great Recession” with the creation of 7.2 million private sector jobs. But there are a few things that Mr. Carney forgot to mention along with this statistic.
Since February of 2009, the first full month of Obama’s presidency, 9.5 million Americans have dropped out of the labor force. Nearly 90 million Americans are not working today!
That means that 1.3 Americans have dropped out of the labor force for every one job the administration claims to have created.