{"id":27530,"date":"2016-02-05T12:35:48","date_gmt":"2016-02-05T17:35:48","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=27530"},"modified":"2016-02-05T12:35:48","modified_gmt":"2016-02-05T17:35:48","slug":"when-you-look-at-the-entire-picture-it-does-not-look-really-good","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=27530","title":{"rendered":"When You Look At The Entire Picture, It Does Not Look Really Good"},"content":{"rendered":"

Chances are that someone in the news today is going to celebrate the fact that the unemployment rate has dropped to 4.9 percent (he lowest since February 2008, the Labor Department<\/a> said on Friday). That sounds really good until you start looking at the entire picture.<\/p>\n

Ed Morrissey<\/a> at Hot Air<\/a> posted an article today that shows the entire picture. Here are a few inconvenient facts from the article:<\/p>\n

Looks like the 2015Q4 GDP<\/a> results told a broader story than some credited. The Associated Press<\/a>\u00a0called the results from today\u2019s Bureau of Labor Statistics report<\/a> \u201ca sharp deceleration from recent months<\/a>\u201d (later removing \u201csharp\u201d from that description), paralleling the sharper deceleration of production. The US economy<\/a> added only 151,000 jobs, a miss on expectations and barely enough to tread water on population expansion.<\/strong><\/p>\n

…Numerous news services heralded the a drop in U-3 rate of unemployment to 4.9%, but the number of people not in the workforce also rose by 360,000 people from last month (table A-16). That follows an increase of 284,000 the previous month. Those not in the labor force who want a job increased by 461,000, and that follows an increase of 379,000 in the previous month. The latter measure had been falling in 2015, but has reversed itself by 840,000 in two months \u2014 both in the 0.7%-growth-rate Q4.<\/strong><\/p>\n

The article concludes:<\/p>\n

The sharp reversal on exits from the labor force should be the greatest concern from this report. The 151,000 added jobs pales in comparison to those numbers, and those added jobs only account for population growth anyway. Combined with last quarter\u2019s GDP growth<\/a> rate, it appears that 2016 is off to a tough start, and may signal a very tough year.<\/strong><\/p>\n

Eight years of President Obama’s<\/a> economic policies have had consequences. The over regulation, the war on coal, the war on fracking, the decision to stop the Keystone Pipeline<\/a>, and ObamaCare<\/a> have all had economic consequences. If Hillary Clinton is elected, we will have more of the same. If a small government Republican is elected, he will be in a position to set the American economy free. It will be interesting to see what happens next.<\/p>\n","protected":false},"excerpt":{"rendered":"

Chances are that someone in the news today is going to celebrate the fact that the unemployment rate has dropped to 4.9 percent (he lowest since February 2008, the Labor Department said on Friday). That sounds really good until you … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[97,1659,1175,9442,3415,1449],"class_list":["post-27530","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-barack-obama","tag-bureau-of-labor-statistics","tag-keystone-pipeline","tag-labor-force-participation-rate","tag-republican-party-united-states","tag-unemployment-rate"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/27530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27530"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/27530\/revisions"}],"predecessor-version":[{"id":27531,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/27530\/revisions\/27531"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}