"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Chart Of The Day: America's Geriatric Work F(a)rce
Submitted by Melinda L. Secor on Sun, 2012-11-04 01:00
in
"The traditional excuse apologists for America's collapsing labor force participation rate use every month is that due to 'demographics' and retiring baby boomers, increasingly more old workers are no longer counted by the BLS and as a result, are skewing the labor force. That's where they leave it because digging into details is not really anyone's forte anymore. This would be great if it was true. It isn't. "
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