Biggest reason for economic “turnaround” is a bunch of people who were pretending the economy was worse than it was are now pretending it’s better than it is.
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Replying to @NGrossman81 @KT_So_It_Goes
With each percentage point that unemployment decreased under Obama it was constantly “but the real unemployment rate is 20% because of actual labor participation”—i have not heard a mention of those people from righty pundits for a good year and a half now
1 reply 0 retweets 1 like
Replying to @ExtraSloppyJoe @KT_So_It_Goes
Here's labor participation rate. As you can see, it's steady since 2013 (ie no turnaround in 2017/18). Lower participation rate meaning unclear. More students, stay-at-home parents, fewer disabled people forced to work: not bad. Capable people unable/unwilling to find jobs: bad.pic.twitter.com/w5NqV4sB25
5:38 PM - 29 Jul 2018
from Urbana, IL
0 replies
0 retweets
3 likes
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