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.
And that after this is accomplished, and the brave new world begins
When all men are paid for existing and no man must pay for his sins,
As surely as Water will wet us, as surely as Fire will burn,
The Gods of the Copybook Headings with terror and slaughter return!
- Rudyard Kipling, 1919