Not only are wages falling, the economy is not creating enough of these (substandard, low wage) jobs to soak up the increase in the labor force. The result is a massive and growing wast of lives. Sadly with the arrival of Obamacare, this trend is going to continue. When you implement a social democracy, you get social democracy rates of growth and employment. While many in the middle and upper middle class will feel more secure, it will be at the price of tens of millions of stunted lives spent in the economic shadows.
Oh well, BHO has power and that's the important thing. Isn't it?
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