January 10, 2014, Fairfax, VA—Americans for Limited Government President Nathan Mehrens issued the following statement on December’s job numbers from the Bureau of Labor Statistics:
“Another half a million people dropped out of the American labor force in December. You can ignore every other statistic and spin coming out of this Administration about the job market, this is the only data point that matters. That is a half million more dreams shattered as Americans give up on traditional, legal paths to economic success and wealth.
“Since Obama became president, the number of people who are considered to be in the civilian job eligible population has increased by just shy of eleven million people, but the number of people who have entered the work force has only increased by about 730 thousand people. Quite simply our nation cannot survive when fewer than sixty six out a thousand working aged people are entering the workforce. Of those sixty six who want a job, about five of them are unemployed.
“That is Obama’s economic legacy. Political spin and economic shills can put whatever face they want on his economy, but any rational person can see, that this is not a sustainable model. That is the takeaway from the December employment report, and it is ugly.”
To view online: http://getliberty.org/alg-president-nathan-mehrens-on-new-budget-numbers/
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