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The Water Cooler
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America has an economy converging rapidly on full employment?
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<blockquote data-quote="RickN" data-source="post: 2682686" data-attributes="member: 8854"><p>For those of you that are not potheads, I do follow economics and I do read the Economist even though it has a left wing tilt to it. The fact is that a lot of bad economic news is being hidden or under reported to make our economy look better then it really is.</p><p></p><p>For those that want to know more then just the propaganda being pushed.</p><p></p><p>Labor force participation rate lowest since 1978.</p><p><a href="http://www.businessinsider.com/labor-force-participation-rate-september-2014-2014-10" target="_blank">http://www.businessinsider.com/labor-force-participation-rate-september-2014-2014-10</a></p><p></p><p>Wealth gap grows.</p><p><a href="http://fortune.com/2014/10/31/inequality-wealth-income-us/" target="_blank">http://fortune.com/2014/10/31/inequality-wealth-income-us/</a></p><p></p><p>Number in poverty highest since war on poverty started.</p><p><a href="http://www.cnbc.com/id/48281252#" target="_blank">http://www.cnbc.com/id/48281252#</a>.</p><p></p><p>Oh and the Obamacare employer mandate kicks in soon which is expected to results in millions more unemployed, plus Obama letting millions more illegals stay and try for jobs.</p></blockquote><p></p>
[QUOTE="RickN, post: 2682686, member: 8854"] For those of you that are not potheads, I do follow economics and I do read the Economist even though it has a left wing tilt to it. The fact is that a lot of bad economic news is being hidden or under reported to make our economy look better then it really is. For those that want to know more then just the propaganda being pushed. Labor force participation rate lowest since 1978. [url]http://www.businessinsider.com/labor-force-participation-rate-september-2014-2014-10[/url] Wealth gap grows. [url]http://fortune.com/2014/10/31/inequality-wealth-income-us/[/url] Number in poverty highest since war on poverty started. [url]http://www.cnbc.com/id/48281252#[/url]. Oh and the Obamacare employer mandate kicks in soon which is expected to results in millions more unemployed, plus Obama letting millions more illegals stay and try for jobs. [/QUOTE]
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