Not in labor force: +542,000 [Archive] - Glock Talk

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jeanderson
12-07-2012, 10:33
Forget the b.s. about unemployment dropping to 7.7%. The number of people not in the labor force increased last month by 542,000!!!

That's a two-edge sword: A smaller tax base, and more recipients of government entitlements. FY2013 will be a record for our national deficit.

Atlas
12-07-2012, 10:40
... FY2013 will be a record for our national deficit.

As will FY2014, followed by FY2015, and so on until it all comes to an abrupt ugly halt.