Not in labor force: +542,000
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.
· A billion seconds ago it was 1980.
· A billion minutes ago Jesus was alive.
· A billion dollars ago was only 1 hour and 23minutes, at the rate our government is spending it.