Lost in all of the Syria/Obama/will-he-or-won’t-he headlines from the past several days is the massive devastation of the United States jobs market.
Glenn Foden over at Townhall.com summarized it perfectly:
To place Glenn’s cartoon into context, all you need is this article from Bloomberg News:
“…While unemployment dropped last month to 7.3 percent, the lowest level since December 2008, the decline occurred because of contraction in the workforce, not because more people got jobs. Labor-force participation — the share of working-age people either holding a job or looking for one — stands at a 35-year low.”
And yet the President still doesn’t seem inclined to approve the Keystone XL Pipeline, which would be a boon to our economy by way of both jobs and energy security.
So in the space of one week, we’ve seen spectacular failure by Dear Leader on the World Stage, and his chronic failure here at home.
Just business as usual in the Age Of Obama.