What we learned from the exit polls is that the main concern of Americans is still the economy. Here are the real numbers. Job cuts jumped 68 percent in October to the second-highest total this year. The job participation rate declined steadily since the end of the recession and is as low today as it was in the late 1970s, when women were entering the workforce for the first time. When unemployment is measured by U-6, which includes marginally attached workers—those who have looked for work recently but are not looking currently—and those working part time who would prefer full-time work. U-6 is always higher than U-3, but it has gotten a lot higher since the recession, and the gap has been essentially unchanged since January. The basic hourly wage growth shows falling real wages since the recession.
Despite what the regime would like us to believe, their Marxist policies are not bringing about a strong economy. They are doing what they intended to do and that is to have the economy grow about the same or slower than the population. Marx said this was necessary for his egalitarian and classless society, the one to which Obama promised he would fundamentally transform us. Now that the American people are getting a better idea of what this fundamental transformation really means, will they have the courage and the fortitude to restore a free society and a free economic system so America can again prosper? We took a big step on Tuesday, but now the real work begins.