Heritage Foundation experts weigh in on President Obama’s State of the Union address:
The Economy Is Far From Booming
President Obama boasts America is in the “middle of the longest streak of private-sector job creation in history.” On paper, he is right. But the economy is far from booming.
While the labor market has improved, it remains much weaker than before the recession hit.
As Obama noted, the unemployment rate has fallen and the economy has added jobs. Unfortunately much of this improvement comes from Americans dropping out of the labor force. People not looking for work do not count as unemployed.
Yet they still …read more
Source: The Daily Signal
