[jeanderson]

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]

Originally Posted by jeanderson

... 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.