Saturday, December 07, 2013

Private Sector

Report: Private sector SHRANK 


in 41 states under Obama

Yeah, I would believe that!
Check this out:
The Obama administration is painting a much rosier picture of American jobs than the data supports, two researchers claim.
They have been touting their recent study showing that nearly every state has seen
its private sector shrink under the Obama administration.  

“Our findings show that for many states, the impact of the recession and slow recovery
on the private sector has been more severe than the official economic data indicates,”
Keith Hall, a senior fellow at the free-market Mercatus Center, told The Daily Caller News
Foundation.
Only three states have seen their private sectors grow more than two percent since 2007.
North Dakota saw its private sector explode nearly 25 percent in five years largely due to
a boom in oil production brought about by hydraulic fracturing.

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