(Folks lined up for food–by Getty Images via Daylife)
There are nearly 15 million Americans out of work with few prospects on the horizon other than government assistance. There’s a jobless rate of nearly 10% (9.7%) after the admin. made a ‘seasonal jobs adjustment’ in addition to dropping the ‘permanently’ unemployed from the roles to look better. Not counting the millions in jobs that are paying far less than the ones they used to have.
It is time to ‘celebrate’ Obama’s first ‘labor’ day—it probably should be renamed in his honor considering the vast changes over the last year in the labor market. Look on the bright side, soon we may all be working for the government!
Besides, In Obama’s view you really don’t have an essential job unless you’re working for the government or in a union—better yet a government union!
Remember how the MSM used to criticize the economy under President Bush –and the employment rate was at near full employment at the time? Can you imagine what they would be saying now? Oh, I forgot, according to the major media this is all Bush’s fault anyway.
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