Who can it be
Knocking at my door?
Don't come 'round here no more
--Men At Work
One of the many 'gifts' that President Obama will pass along to the American people as part of his 'legacy' is a historic decline in workforce participation.
In the last BLS employment report issued during this president's tenure, a record 95+ million people are estimated to be out in the labor force.
The corresponding labor force participation rate of under 63% marks 35 year lows.
When more than 1/3 of adult labor is not working, trillions of dollars of production and, by extension, standard of living, are foregone.
"I presided over an economy where workforce non-participation has reached epic proportions. I'm now handing it over to you as part of my legacy."
Um, yeah. Thanks, dude.