Parisian Family Office, CEO. Began Wall Street, 1982. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Active Trader. White Earth Chippewa Tribal member. Was NYSE/FINRA arb. Conservative, raised on Great Plains reservations. Pureblood, clot-shot free. In a world elevated on a dopamine binge, this is his take! Written from MT Ghost Ranch on the Yellowstone River, TN farm Pamelot or San Jose del Cabo, Mexico, CASA TULE'. Always been, will always be, an optimist.
Friday, October 03, 2014
Look out below, AMERICA we have a problem.........
In every town, in every corner of the country.
The collapse in the labor force participation rate, which in September slid from an already three decade low of 62.8% to 62.7% - the lowest in over 36 years, matching the February 1978 lows.
What is more disturbing is that the people not in the labor force, rose to a new record high, increasing by 315,000 to 92.6 million! Yes, you read that correctly.
92,600,000 not in the labor force. Eating but not working.
What does "working" have to do with getting money from the government and eating?
I guess as long as the EBT cards keep working the fall election winners are well-known.