Not so sleepy, huh?

Our economy is great? We borrowed $850 billion to grow the economy $350 billion.  Liberals talk about unsustainability, yet never when it comes to reality.

And let's talk about employment.  We've had about 5 million illegals move into the US since Biden came to office, yet we have fewer Americans working.  Is this sustainable?  The way we calculate "unemployment" doesn't give an accurate view of reality.

https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm

Originally posted by: Boilerman

Our economy is great? We borrowed $850 billion to grow the economy $350 billion.  Liberals talk about unsustainability, yet never when it comes to reality.


And we paid interest on that borrowed money, amounting to about $40 billion. Hmmm. Spend $40 billion to get $350 billion. Damn that Biden!


Idiot, labor participation rate isn't the same as employment rate 

 

Labor participation rate is the percentage of the population that is working. That rate has fallen every year since 1970.

 

The reason is that our population is aging, and people who retire are not being fully replaced by new, younger arrivals into the workforce 

 

The above situation, by the way, is why we need FEELTHY IMMERGENTS.

 

You're kind of slow, Boiler.

Edited on Mar 8, 2024 4:28pm
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