80% Of Jobs Added The Past Four Years Were Part-Time. That's NOT "Growth"!

I thought the state of our economy was bad when I found out recently that the net number of jobs added to our economy the past four years is zero. Here's a reminder of the facts about that:

1. The unemployment rate decrease is almost totally due to people giving up looking for work and leaving the workforce. Another way to say that is, when you stop looking for work you are no longer counted as unemployed which drives the unemployment rate down.
2. If the same number of people were in the workforce now (instead of dropping out of it) as were in it at the beginning of this recession the unemployment rate would be around 11%. The claimed improvement in the unemployment rate is a total illusion.

As if that weren't condemnation enough proving that the economy is not better off after all, we now find out that of the jobs that were created, 80% of them have been part-time! We've been bleeding full-time jobs and replacing them with part-time jobs. That represents a sick economy, not a healthy one.

Contrary to loud and frequent proclamations by the president, his democratic allies and The Media that the jobs picture is better than it was four years ago that's only true if you believe that part-time jobs are just as healthy for our country's economy and for families as are full-time jobs.

Four years after G. W. Bush's tax cuts went fully into effect we had full employment at 4.4%. After four years of President Obama's recovery programs the unemployment rate is still well over 7%, the real unemployment is still(!) near 11% and part-time job increases have outnumbered full-time jobs 4 to 1. Not only has this jobs environment not improved, it's far worse than under Bush after the same duration of jobs policies. Facts can be inconvenient things, huh?