“The care of human life and happiness, and not their destruction, is the first and only legitimate object of good government.” –Thomas Jefferson
Employers added 88,000 jobs in March, according to the latest unemployment report from the Labor Department. That’s down from the 196,000/month average over the last six months. Yet miraculously, the headline unemployment rate dropped from 7.7 percent to 7.6 percent. As with previous drops, however, that’s because a staggering 663,000 people simply left the workforce in March and gave up looking for a job. A record 90 million Americans are no longer even seeking employment.
Since the “surprise” drop in unemployment the month before Obama was narrowly re-elected last year, he has focused only on the unemployment number. However, given that his agenda is now to raise even more taxes and further expand government programs and regulations, Obama will insist that even though…
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