re: U.S. unemployment rate drops to 7 year low.

For those who don't understand economics, the economy is doing pretty well. Economics is relative. It is also a part of a "lagged" system, meaning that an action will likely not impact fully for 2-8 years. But here are just a few things from your points.

1. Unemployment- Part Time jobs have increased, and some full-time jobs have gone down in classification to Part time. This is true, I don't think anyone is disputing that. But, a job is a job, no matter how many hours you work. This 5.4% is an excellent number. Perfection is somewhere between 2-4%. You have to have some unemployment to drive competition.

2. "Entitlements"- The way the system is now, there will be entitlements payed out. The idea of them is a safety net and economic driver. The system gets gamed, but it is such a small portion of the pie in comparison to other spending, it honestly isn't even worth mentioning.

3. GDP growth- So complicated, that it would take a year to explain it to tRant

4. Inflation- If we don't have inflation, it means something is seriously wrong. Too much, is also very wrong. Imagine fluoride for your teeth/health. A little is good. Too much can kill you. None is also bad.

To put it all in perspective, the Iraq War, combined with tax cuts, put us in a vertical nosedive. Without the bailout, we would have gone into a Great Depression. Period. While the numbers do not exactly line up, the economy is light years better than it was in 2008. While it may not be on the rise as quickly as some would hope, we did pull out of a nosedive destined for death. Relativity yo!