I posted this chart on the SharePlanner Facebook Page this morning, but then felt like I needed to share it here on the home front (by the way – if you want additional unique content – LIKE our Facebook Page – it has information you won’t find anywhere else).
But in essence, I took a chart I found on ZeroHedge this morning and fancied it up some to show how the participation was during each presidential administration for perspective.
The most telling aspect of the chart is how Reagan’s Supply side economics ramped, and I do mean RAMPED up the labor participation rate in our country during his presidency. By the same account the Fed intervention and Keynesian economics that we’ve practiced from 2008 and onward has erased everything that Ronald Reagan achieved during his two terms as President on the labor front.
Here’s the chart:
