Hillary Rosen: Being Out of a Job Is a Good Thing

Hilary Rosen, the Obama strategist who infamously disparaged Ann Romney back in April, saying Romney never worked a day on her life, had a quite different take on the new unemployment numbers for August, which showed that the labor participation in the United States was at a 31 year low.

Rosen tweeted:

Entrepreneurs and self employed leave the "work force". That is a hopeful thing. People leaving aren't necessarily bad.

That’s just dandy.  All of you women out there leaving the work force are making Hilary Rosen hopeful! By that standard, Ann Romney should have been Rosen’s heroine.

Rosen is some piece of work.


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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