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Welcome Back, Carter: Labor Force Participation Rate Lowest Since ’81

Home - by - May 5, 2012 - 17:45 America/New_York - 2 Comments

Doug Ross

Say, is this chart racist?

…it is just getting sad now. In April the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to 88,419,000. This is the highest on record.

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» 2 Comments

  1. Menderman

    May 5th, 2012

    This is why Obama can run on tax hikes….his voting base is Julia..existing on handouts.

    I am the 53%!

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  2. ChrisS

    May 6th, 2012

    The chart demonstrates what Statist control does to an economy. The chart clearly shows the efforts of the Democrats and Big Government Republicans in the 70′s, the efforts of the Conservative Republicans in the 80′s, and the Democrats and Big Government Republicans in the 00′s. In a free market economy winners win and losers lose. In a Statist economy the State picks the winners and losers and, as the chart shows, ultimately the entire Country loses.

    I’d like to see the data overlaid with Government spending as a % of GDP, budget deficit as a % of GDP, and color coded for which Party controlled the White House and Congress.

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