Obama Vetoes Keystone Jobs Bill as Labor Participation Rate is an Anemic 62.9%

Cartoonist Gary Varvel: Blocking Keystone XL Jobs(FOX News) President Obama today followed through with his threat to veto bipartisan legislation authorizing the Keystone XL-Pipeline and the 42,000+ new ‘private sector’ shovel ready infrastructure jobs which Obama’s own State Dept said in 2014 that would be created nationwide, not to mention the thousands of residual jobs in other sectors that would have been created, together with the permanent jobs that would be necessary to maintain the pipeline.

It should be noted, that Obama’s veto of thousands of good paying jobs comes at a time when the U.S. labor participation rate fell to a 36 year low of 62.7% in December, 2014 improving just slightly to 62.9% in January and when U.S. homeownership rates hit a 20 year low of 64% according to the latest data from the U.S. Census Bureau.

Related: Experts Say Battle Over Keystone is Over Politics, Not Facts

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