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Posted: 8:39 a.m. Wednesday, Oct. 17, 2012

The Only Obama Stat You'll Need 

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By Neal Boortz

I love reading Thomas Sowell’s columns and his Random Thoughts never seem to disappoint.  This week’s Random Thoughts were no exception, but there was one thought in particular that I wanted to highlight.  This so simply and brilliantly explains Obama’s massive failure when it comes to our economy.  I wish that someone had forced Romney to read this article before the debate last night.  Any way to help clarify Obama’s failings is a good tool for him to have in his campaign tool box.  So here’s the fact:

Economist Edward Lazear has cut through all of Barack Obama's claims about "creating jobs" with one plain and inescapable fact -- "there hasn't been one day during the entire Obama presidency when as many Americans were working as on the day President Bush left office." Whatever number of jobs were created during the Obama administration, more have been lost.

 Do you see how that really puts everything into perspective?  Consider the fact that we’ve have 3+ years of population growth since Obama took office.  Millions of Americans have entered the workforce, or at least have come of age to enter the workforce.  And yet even with these increases in population, there are fewer people working today than when Dear Ruler took office. 

In fact, new insight from the Senate Budget Committee shows that since January 2009, for every person added to the labor force, 10 have been added to those not in the labor force.  More specifically: Since January 2009, only 827,000 people have been added to the labor force, while 8,208,000 have been added to those not in the labor force.

That is not what you would consider a “recovery,” and it is definitely not a “huge economic recovery,” as Michelle Obama tried to say the other day.  That, to me, is a failure.  The fact that so many people will still vote for this man, or are considering voting for this man, just baffles me. 

Neal Boortz

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Neal Boortz chronicles his 42 years of talk radio in his book "Maybe I Should Just Shut Up and Go Away" Available on line and printed from Barnes and Noble and Amazon.

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