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De Omnibus Dubitandum - Lux Veritas

Tuesday, September 3, 2013

The Obama Recovery is Worse Than Bush Recession

Posted by Steven Ahle
Bush recession was much better than the Obama recovery is a stark look at the incompetence of the current administration.
The Bush recession ended in June of 2009. At that time the labor participation rate was 65.7%. During the “recovery” the participation rate dropped to 63.4%. That’s a huge nosedive and represents a 34 year low. That would have been at a time when women weren’t fully in the workforce yet. Historically, after a recession, the economy adds jobs and the participation rate climbs. That has not happened with the Obama administration. Instead of concentrating on jobs and the economy, Obama and the democrats were busy working on what now is obviously, a deeply flawed and overly expensive Obamacare bill, that could very well leave more people without insurance that we had before the bill passed....ToRead  More….

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