The unemployment rate dropped from 7% (Nov) to 6.7% (Dec). Good news?

NO.

The rate dropped .3% because 350,000 unemployed dropped off the radar in Dec. They were unemployed, their benefits ran out…now they’re no longer counted.

The normal way to reduce unemployment is to add jobs and get people back to work. Democrats led by Obama have developed a new way to reach 4% unemployment…

…just reduce the Labor Participation Rate (LBR).

If 350k drop out of the LBR each month over the next 9 months, by Obama standards (with a compliant media), they can hit 4% unemployment before November.

All they need do is NOT count the 3.15 million Americans who fall off the radar.

Pre-election (aided by a sycophant media) that’s good news for Democrats…

…but bad news for jobless Americans.