The Congressional Budget Office is now projecting that the U.S. economy will  never achieve full employment during the eight years Barack Obama serves as  president.

That would make Obama the only American president during the post-World War  II era who never presided over a year in which the U.S. economy offered full  employment to the American people.

The CBO defines “full employment” to be when the national unemployment rate  is at or below what it calls the “natural unemployment rate.”