Trump Cabinet brings fresh take on labor policy

Gross domestic product (GDP) growth has averaged 1.2 percent during the Obama administration; the country has nearly $20 trillion in debt; real wages are stagnant; and, perhaps most damning, while the reported unemployment rate may only be 4.6 percent, much of the rate’s decline has come from the sharply falling labor participation rate that now sits at only 62.7 percent.

In other words, nearly 95 million Americans are currently out of the workforce, about 7 million more than in 2008.

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Op-Ed: ‘Stimulus’ Does Little for Jobs

This article originally appeared on The Wall Street Journal on February 21, 2020. The Biden administration says if Congress passes the proposed $1.9 trillion Covid relief bill, we won’t have to “wait

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