The economy is booming, right?

Asylum Watch

Catching up on the news after a month wasted not buying a house, I was fascinated to find the  MSM touting the great Obama economic recovery. The DOJ industrial average is over a record busting 1700, something like 280,000 jobs were added in June, and unemployment is almost down to 6%. Wow! What’s not to like?

Well, this humble observer of the asylum we all have to live has to ask: if the economy is doing so well, why do we have record numbers of people on welfare, why do we have millions less Americans working today than were working in 2007, why can’t recent college graduates find jobs, and why did the GDP fall 2.9% into negative territory in the first quarter of 2014? Something isn’t adding up. Let’s take a closer look.

Jason Furman at WaPo says the 2888,000 jobs added in June concludes the best six months…

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