In response to:

Obama’s Dismal Record on Jobs, Explained with Common Sense

wcouch Wrote: Jan 17, 2013 7:56 AM
I truly hope so. In this case he will need it!! Being that he is the worst male carbon unit that has walked, he will need that protection, but that protection is only as good as up close, within 250yrds. after that you want hear the am in blam!!

Economists may not agree on much, but we all agree that economic output is a function of capital and labor. Ask a Keynesian, a Marxist, an Austrian, a monetarist, or any economist, and they’ll all agree that living standards are determined by the quality and quantity of these two factors of production.

So it should be very worrisome that there has been a big drop in the share of the population that is employed. Here’s a chart produced from Bureau of Labor Statistics data, showing labor force participation during the 21st Century.