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How does the economy “feed” people on a pie that shrank  from a 8″ apple pie to a 6″ pot pie? You sure can’t get 8 slices from a chicken pot pie and  feel fed! And that emply feeling in people’s belly is because the economy in Jan. 2012 has 5.8 MILLION fewer  jobs compared to peak employment in 2007.   More below based on the WSJ Jan 7-8, 2012
The private economy created 212,000 net new jobs in December, 2011 taking the unemployment rate down a tick to 8.5% which is better than the 9% three months ago. A sign of employment weakness is the still-low labor force particiaption rate, which remained unchanged at 64% A year ago it was 64.3% Remember — that means that ONE-THIRD of the labor force is not working compared with TWO-THIRDS that are.  Another 50,000 workers left the labor force in December, 2011 suggesting that many Americans simply stopped looking for work.
This is still the slowest job rebound since the Great Depression. A year from now, if no policies change, Mr. Obama’sx bombs will explode at once with the expiration of his payroll taxholidayandthe rollout of ObamaCare’s levies.
DrCameronJackson@gmail.com The first five (5) to Comment may receive a free copy of Shoveling Smoke or English Spoken Here, Obama by Firenze Sage
http://www.smashwords.com/books/view/109312
