Something else that we now have to show for having had Barry as our president for the last four years is the fact that the number of Americans age 16 or older who decided not to work or to even bother looking for a job increased by 8,332,000 to a record 88,839,000, and that my friends is according to the Bureau of Labor Statistics. At the same time, the number of retired workers collecting Social Security actually increased by only 4,234,480. The increase in Americans opting out of the labor force during Barry’s first term resulted in a decrease in the labor force participation rate from 65.7 percent in January 2009, the month Barry was first inaugurated, to 63.6 percent in December 2012, which was the latest month for data being reported. And it seems to be of very little concern to him.
Before Barry took office, the labor force participation rate had not been as low as 63.6 percent since 1981, that was the year President Ronald Reagan took over from that disaster, Jimmy Carter. To be in the labor force a person must either have a job or actively sought one in the previous four weeks. When Barry was inaugurated then first time back in January 2009, there were 80,507,000 American civilians age 16 or older who did not have a job or seeking one. In December 2012, that number had grown to 88,839,000—thus, the increase of 8,332,000. Also, in January 2009, there were 32,484,808 retired workers collecting Social Security benefits, according to the Social Security Administration. By December 2012 that had risen to 36,719,288, and increase of 4,234,480.
The increase in the number of Americans not participating in the labor force during Barry’s presidency surpassed, and pretty significantly, the increase in the retired workers collecting Social Security by 4,097,520 persons. In the comparable period of George W. Bush’s second term, the number of Americans choosing not to participate in the labor force went from 76,808,000 in January 2005 to 80,380,000 in December 2012—an increase of 3,572,000. At the same time during Bush’s second term, the number of retired workers collecting Social Security rose from 30,086,392 to 32,273,145, and increase of 2,186,753. During this period, the increase in those not participating in the labor force outstripped the increase in retired workers collecting Social Security by only 1,385,247.
The rate of participation in the labor force was the same in January 2005 that it was in December 2008—65.8 percent. In Bush’s first term, the number of Americans choosing not to participate in the labor force went from 70,088,000 in January 2001 to 76,581,000 in December 2004, an increase of 6,493,000. In January 2001, the labor force participation rate was 67.2 percent. In December 2004, it was 65.9 percent. The Bureau of Labor Statistics has been tracking the labor force participation rate since 1948. Since then, the rate peaked at 67.3 percent, a level it maintained for the first four months of 2000. Before Barry "Almighty" took office, the labor force participation rate had not been as low as 63.6 percent since another leftist Democrat was president, Jimmy "The Bonehead" Carter.
So Barry seems to be racking up an impressive number of milestones, one that have never before even thought to have been achievable. And all in what is his attempt to, in his words, fundamentally transform America. And with him having been able to achieve a pretty impressive level of success in his first term as president, it quickly becomes all the more unnerving when considering just much more he may be able to get accomplished in what is now his second term. He has us now, quite firmly, on a downhill slide and while he may be able to make some believe that what awaits us at the bottom is all quite rosy, in fact what awaits us is actually the end of our being a truly free nation made up of people who have any say over their government. And one we've arrived at that, our transformation will have been made complete.
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