Political Quotes

“Earlier this month, President Obama announced that he would, once again, pivot to the economy. The bottom line of his speech, after 4\1/ 2\ years of the Obama administration: ``We're not there yet.'' The President is right: we're not there yet. Economic growth is the key to job creation and recovery, but America's growth rate is historically anemic. From 2010 through 2012, it averaged barely 2 percent. In the fourth quarter of 2012, growth was just four-tenths of one percent. In the first two quarters of this year, growth averaged only 1.4 percent according to the most recent estimates. These dismal figures translate into deep economic pain for America's workers and families. The June 2013 jobs report showed an increase of 240,000 in the number of discouraged workers, those who have simply quit looking for a job out of frustration or despair. The number of people working part-time, but who really want full-time work, passed 8.2 million. That represents a jump of 322,000 in just 1 month. Worst of all, the truest measure of unemployment, the rate that includes both discouraged workers and those who cannot find a full-time job, continues to exceed 20 million Americans. That rate rose from 13.8 percent back to 14.3 in June. America's labor force participation rate has fallen to levels not seen since the Carter administration.…”