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Cain: Reason for Americans’ bleak economic outlook found in ratio of jobless claims to jobs created

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, Rare All-Star

Seven out of 10 Americans believe the economy is in poor shape, according to a CNN poll, points out Herman Cain — claiming the reason for this is found in the 2013 ratio of jobless claims to jobs created.

“Maybe that has something to do with the fact that for 2013, the average weekly jobless claims was 357,000 whereas as the weekly new jobs were 18,000 — and of those 18,000 a week, 77 percent were part-time.”

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