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Re: First Presidential Debate
Old 10-13-2012, 12:51 AM   #27
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Default Re: First Presidential Debate

Prof, I guess my question about the participation rates would be... what policies do you think led to it going down like it has? Do you consider this as bleeding caused by the previous administration that the new one couldn't stop fast enough? Or do you think something passed under the current administration that directly lead to this?

From every source I've read, it seems like the job situation has gotten better since late 2008. There must be either a lot of people who lost unemployment benefits, or a lot of new one-income households. It's hard to explain how there are so many more people actively working, while there are less people looking for work at the same time.
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