01/11/2017

Obama, Clinton Staffers Struggling To Find Employment Post-Election

Madeleine Weast, Washington Free Beacon

Thousands of President Obama appointees and hundreds of Hillary Clinton campaign staffers are struggling to look for employment after Democrats lost the White House in November.

Since Donald Trump won the presidential election, there have been far fewer employment opportunities for Democrats in the Washington, D.C. area, Politico reported over the weekend.

There is less demand for Democratic services now that 4,000 White House administration jobs are no longer available for the staff of 2016 Democratic presidential candidate Hillary Clinton. Staffing opportunities on Capitol Hill have also dwindled after Democratic Senate candidates like Russ Feingold and Katie McGinty lost in 2016.

“It feels like there are just thousands of us trying to find a job, and there are no jobs,” Mira Patel, a longtime Clinton aide, told Politico.

Obama staffers have explored moving to the private sector but have found that the shock of Trump’s win has lowered their chances.

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Keynesian Economics and the Great Depression

Hillsdale College economics professor Gary Wolfram discusses Keynesian economics and the factors that pulled the national economy out of the Great Depression. The story of World War II shows that government spending may produce activity, but not the prosperity of a truly healthy economy.

 

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Shadow Stats Snapshot


ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    BLS: 4.5%
    Shadow Stats: 22.5%
  • Inflation:
    March Year-to-Year: 2.38% (CPI-U*)
    Shadow Stats: 10.1%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]