Pin It On Dec. 4, President Barack Obama in a major speech on economic policy spoke of “a dangerous and growing inequality and lack of upward mobility that has jeopardized middle-class America’s basic bargain.”
He thinks it is income inequality that is holding back regular Americans. But for that to even be a problem, many Americans would first need an income.
Yet according to the latest job numbers released by the Bureau of Labor Statistics, folks are not even entering the labor force (i.e. looking for work), let alone finding jobs at the rate needed to significantly improve labor market conditions.That […]