43 Months of Depressing Misery

PJ Media » 43 Months of Depressing Misery
Mort Zuckerman accurately contended in a Friday evening Wall Street Journal op-ed, “we are experiencing, in effect, a modern-day depression,” where “dependent millions” relying on food stamps and swelling the disability rolls “are the invisible counterparts of the soup kitchens and bread lines of the 1930s.”
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Full-time employment only increased by 43,000 in August. It’s down (yes, down) by 902,000 since March, and by over 1.4 million since Obama took office.

562,000 fewer married men and 700,000 fewer married women were employed in August than were when the recession officially ended in June 2009.

22% of the 3.47 million private-sector jobs created since the recession’s end have been at temporary help services.

What about what the new jobs created actually pay? The National Employment Law Project recently reported that “Lower-wage occupations were 21 percent of recession (job) losses, but 58 percent of recovery growth. Mid-wage occupations were 60 percent of recession losses, but only 22 percent of recovery growth.” The leftists at the NELP wouldn’t state the obvious, so I will: Their research proves that the Obama administration’s economic policies are gutting the middle class.