this is great.....
‘The fiasco for the ages’.....at the very least
http://www.washingtontimes.com/news/...co-ages/print/
remember also that those not working(leaving the workforce) or working part time is increasing and overall, those dependent on some sort of government assistance is increasing...those with good paying full time jobs to create the revenue to support these programs is decreasing...
"Of the 144 million Americans employed last month, only 116 million were working full-time. Friday's report showed that 58.7% of the civilian adult population of 245 million was working last month. Only 47% of Americans, however, had a full-time job.
The market's positive reaction to Friday's report is another sign of how far our economic expectations have fallen. If today the same proportion of Americans worked as just a decade ago, there would be almost 9 million more people working. Just in the last year, almost 2 million Americans have left the labor force. With a majority of the population not holding a full-time job, it isn't surprising that economic growth has been so weak.
In June, the number of Americans who wanted to work full-time, but were forced into part-time jobs because of the economy, jumped 352,000 to over 8 million."
I'll say it for him...."that's not true!!!" 