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It has nothing to do with the latter. It has everything to do with huge numbers of workers dropping out of the labor force monthly for lack of jobs. Healthy economies have them for virtually anyone wanting work. No longer.
Moreover, most jobs created are poor temporary or part-time low wage/low or no benefit ones. People take them to eat and avoid having to sleep on city streets.
The Times left unexplained what's most important to know. A Washington Post editorial was worse. It headlined "Jobs report shows an economy on the move," saying:
Before taking office in January 2009, Obama told Post editors that job creation was his "number-one priority." Grade him F for not delivering or trying.
Not according to the Post, saying: "Friday's employment report gave Mr. Obama a reason to crow.""Unemployment probably would have been worse but for some of (his) policies"."
False! Obama helped Wall Street, not Main Street. His so-called fiscal stimulus went mostly for corporate tax cuts and others to rich elites. Ordinary people got austerity, not help. Current dire conditions show it.
An October 9 NYT editorial claimed otherwise. Headlined "Conspiracy World," it covered more than unemployment. It said many Republicans see Obama "as the center of a broad and malevolent liberal conspiracy to upend the truth."
Both parties and supportive media scoundrels wage relentless war on it.
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