You do have to wonder when there is going to be reaction against Y=C+I+G amongst economists. How do they explain this?

Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

The two theories of the Obama presidency remain intact: either he is an incompetent fool, or he has deliberately set out to ruin the United States. But whichever it is, he is certainly bringing ruin through every major decision he has made.