Happy Thursday folks,
It looks like the failed policies of President Obama and his liberal allies will keep the American people struggling even longer.
In a recent speech to the Economic Club of New York, Federal Reserve Chairwoman Janet Yellen said that a healthy labor market is “more than two years away,” according to The New York Times’ Nelson D. Schwartz.
These somber remarks about the job market are consistent with her assessment last month: that the U.S. economy is “not close to full employment.”
According to Schwarz, Yellen noted that several indicators of the economy’s health all point to weakness, including:
• “the number of people forced to take part-time positions because they can’t find full-time work,”
• “the still-sizable ranks of the long-term unemployed,”
• “the proportion of the population that has dropped out of the work force entirely.”
While President Obama, Senate Majority Leader Reid, and House Minority Leader Pelosi focus on their pet projects and make half-hearted pivots to the economy, middle-class Americans suffer.
They have pressed ahead with their liberal agenda at the expense of policy that creates jobs and helps the middle class. Conservatives must continue to emphasize policies that will help grow the economy, create jobs, and lower costs for things like healthcare, education, and energy.
Seize the day.