There is some really fucked up data out there and you, and I, see it every day.
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.
CEO of the Parisian Family Office. Retired/Founder of CHIPPEWA PARTNERS, Native American Advisors, Inc., Registered Investment Advisor. White Earth Chippewa, educated conservative, raised on Indian reservations across Great Plains. Began Wall Street career in 1982. Always been, will always be, an optimist. Pureblood, clot-shot free. In a world on a dopamine binge, this is his take on life. Written at MT Ghost Ranch or Pamelot, TN farm or his winter camp in San Jose del Cabo, Mexico.
Friday, October 03, 2014
Look out below, AMERICA we have a problem.........
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