The August jobs report was released this morning with several disappointing factors. First, only 96,000 jobs were added. Second, the unemployment rate fell slightly, but that is only because many people have given up looking for a job. The market for jobs has become so grim, people have quit looking altogether. In fact, since Obama took office in January of 2009, the jobs participation rate has consistently declined, from 65.7% to 63.5%. This rate is even lower than when Jimmy Carter failed to be reelected to a second term as President in 1981 (63.9%). Obama and Carter have other similarities, too. Both Presidents have struggled enormously with gas prices, more than any other presidents. Under Obama, gas prices have increased 103.79%, and with Carter they increased 103.77%. Looking at the jobs participation number and gas price increases, it could be argued that Obama is an even worse economic leader than…
