Although the national unemployment rate fell to 8.1% for the month of April, the decline is due not to job growth but declining participation in the labor market. Simply put a critical mass of people have given up looking for work. Consequently, labor market participation is now at its lowest level in more than thirty years with only 63.6% of the adults in the workforce.
Some stimulus plan.
It’s no wonder that President Obama is dancing on Osama’s watery grave and telling people Romney wouldn’t have called the tune. He is a song and dance man. But song and dance men know how to use smoke and mirrors. It’s up to Mitt Romney to make sure this smoke doesn’t get into the eyes of the electorate and find a clear way to tell people that Obama hasn’t done the job he was elected to do.