The Lost 5 Million

Five million Americans have been thrown under the bus.  They are walking around dazed, outcast, and defeated.  Worst of all, they are not even counted in official tallies of the unemployed.  They are those whom the Obama administration simply wishes to ignore: working-age adults who have dropped out of the labor market completely.  They are those for whom the economic recovery underway should have created jobs but has not. Despite Obama's latest assertion of having created 4 million jobs in the last 26 months, the reality is that in the past two years, 5.4 million workers have left the job market entirely.  These are the 5.4 million whom academics like to call "discouraged workers," and as far as the administration and its media cheerleaders are concerned, they do not exist. The fact is that these millions of Americans are not so much discouraged as they are hopeless.  They are working-age adults who, in a normal economic recovery, would have found jobs...(Read Full Article)

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