The labor participation rate was down to62.8%in June of 2017, ordown over 3

The labor participation rate was down to 62.8% in June of 2017, or down over 3

percentage points since 2008. Each percentage point here equals about 2.5 million Americans. Why are more than 7.5 million previously employed Americans no longer looking for a job today? Why are a near record 95 million Americans (or 15 million more than in 2008) not looking for work? Are they discouraged? Are they finding solace in the rich welfare benefits being paid out?

Why are Social Security Disability payments being paid to over 2 million more people since 2008 and why are SNAP (food stamp program) payments up from 28 million recipients in 2008 to over 43 million recipients in 2016?

If many of these 7.5 million people (assuming the old normal labor participation rate held, remember, it held for thirty years in a row, before Obama) were looking for and finding jobs, it is a good bet that the American economy would be lots more robust than it presently is today. Do Americans collectively have the political will to produce more, instead of only worry about consumption? What might happen if we backed off passing new regulations, revoked ObamaCare and Dodd/Frank and lowered marginal tax rates significantly?

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10