I really don't understand why liberals have such a difficult time understanding economics. Perhaps they find all the numbers and graphs intimidating or challenging or maybe there is simply too much information for them to process. If that is the case, then why not offer Cliff Notes for Liberals when presenting economic information. For example, in the article, "Why voters hate the Obama economy" (see link), the average liberal will not read or totally comprehend the part of the article that states, "there are still far too many people who have given up looking for work. In fact, at just 62.7%, the share of Americans participating in the labor force is now at its lowest point since 1978." When the average liberal reads that the unemployment rate is 5.9%, he or she will not take into account that 6.9 million fewer Americans are working or searching for work and the drop in unemployment is almost entirely due to the fact that those not looking for work do not count as unemployed. If there was Cliffs Notes for Liberals, it could explain that the unemployment rate measures people without jobs who are looking for work and thus does not count workers who have lost their jobs and eventually stopped looking for work, such as those who have become discouraged or decided to retire. Once liberals understand exactly what the unemployment rate measures, then perhaps they would understand that the unemployment rate is not a true indicator of the real economy. BTW, I find it interesting that the percent of people currently participating in the labor force is at its lowest point since Jimmy Carter was in office. So that liberals might see a correlation between Obama's economic policies and Jimmy Carter's economic policies, maybe Cliff Notes for Liberals could have the following photo:
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This post was edited on 11/9 10:12 PM by nashvillegoldenflash
Why voters hate the Obama economy
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This post was edited on 11/9 10:12 PM by nashvillegoldenflash
Why voters hate the Obama economy