“About 59% of the total US civilian non-institutional population (inmates) is employed (41% are not employed). However, this includes children, retirees, and others who are not looking for work. For Americans between the ages of 25 and 54, who are expected to be working, about 76% are employed (while 24% are unemployed).” Google AI. When Obama became President the democrats cooked the unemployment numbers by not counting people who had stopped looking for work thereby reducing the number of unemployed people making Barak look even more successful than he really was!
“Because virtually every person participates in the economy by buying goods or services, essentially 100% of the U.S. population acts as a consumer. For economic metrics, the Bureau of Labor Statistics defines the “civilian non-institutional population” (representing more than 98% of all Americans) as active consumer units.” Google AI. So when the democrats raise the minimum wage for workers they are also raising the prices that consumers pay for products that they purchase! As prices increase consumers consume less and less and as a result fewer and fewer workers work!
And that is all I’m going to say about that!
