“NOT A STRONG RECOVERY”
U.S. Rep. Jeff Duncan isn’t having any of the “recovery” spin coming out of Barack Obama’s White House.
In response to the latest jobs report released by the U.S. Bureau of Labor Statistics, the South Carolina Republican rewound the clock to November 2008 – when Obama was first elected president. At that time, America’s population was 305 million – and 145 million Americans had jobs.
Fast forward to today … America’s population is currently 317.7 million, yet the number of Americans with jobs has barely moved (145.3 million).
“Thirteen million more people, only 300,000 more jobs,” Duncan said. “That’s not a strong recovery.”
He’s absolutely right …
As this website has repeatedly noted, America’s shrinking labor participation rate (it was 63 percent according to the latest report) is absolutely destroying any shot this country has at a real “recovery.” And nowhere is this shrinking workforce more evident than in South Carolina – where the labor participation rate current stands at a record low of 58 percent.
How to turn this around? Easy: Stop spending so much damn money on government and let the free market take over …
17 comments
It appears that Jeff Duncan’s criticism is politically selective. If the nation’s job participation rate is 63 percent, but SC’s is only 58 percent, why is some of his criticism not directed at Governor Nikki Haley as well as President Obama?
Because Haley is addicted to Koch like Duncan is.
Ha! Ha! Good One!
Because she is a Republican and in DuncanWorld,only Democrats are held responsible for anything bad that happens.
Well duh. That’s why you hold hearings, say everything you want to say, and then cut the mics of Democrats before they get a chance to speak. See? Obviously the Democrats are trying to cover things up by not letting others speak. Issa is such a selfless hero. /s
The Republican Party has done everything it could on the national and state levels to sabotage the recovery for what they think is their political advantage since the day that George W. Bush left office.
Only their idiot base are susceptible to their lies.
Of course it is Obama’s fault. Republicans can’t talk jobs because they’re too busy trying to repeal Obamacare for the umpteenth time. See? Obama’s fault.
Wait, are you trying to say that Republicans don’t actually give a shit about jobs and just want to win political battles as shamelessly as possible?
BENGHAZI! BENGHAZI BENGHAZI!
GOP “Jobs” Plan:
1) Gut all forms of welfare, because clearly every single person on them are leeching sobs. Buy your own insulin, grandma!
2) Cut taxes for
corporations and the extremely richjob creators. Make up for it by taxing the “takers.”3) Make sure the “job creators” can still donate hundreds of millions to influence elections.
4) ??????
5) JOBS!*
*Your results may vary.
Obama is not running for reelection. If Duncan wants to help the unemployed, he should tell us what he (Duncan, not Obama) is doing to create jobs.
“Stop spending so much damn money on government and let the free market take over …”
The “crowding out” economic theory only applies when the economy is working at capacity or full employment. It does not apply when the economy is below capacity and there is a surplus of funds available for investment.
How is our LM curve these days, Willie? Is it flat or upright?
Maybe the economy would benefit if Duncan payed his bad debts.
Tell me more!
Yes. Tell us more about Duncan’s bad debts. Do you actually mean that this “good christian”, Jeff Duncan, has some bad debts, or is he just behind in is C Street rent?
Like I said before. Duncan is an egotistical idiot that is full of horse shit…but I like the way he votes.
Egotistical? Hell, he is just a little hillbilly from Ware Shoals who lies about his Clemson football feats his ONE YEAR on the scout team. Does he have his Clemson C on his office wall in Washington????
Hey Duncan:
Who gives a rats ass what you say on any given topic!!!!!!!
What the hell does this BOZO, Jeff “I played football at Clemson under Danny Ford”, yeah for only ONE YEAR. Know about the economy, finance and or business. This clown runs an auction house that sells off houses due to people’s misfortune. Quite a guy this Duncan. He makes $175,000 per year for what?