And went on never ending Unemployment Insurance Benefits, Welfare and Food Stamps. Why work? The Bureau of Labor Statistics released jobs numbers for January Friday showing that nonfarm payroll employment increased by 157,000 and the unemployment rate rose to 7.9 percent. Lost in these headline numbers was another rise in the number of people not in the labor force. This number now stands at a staggering 89 million, up from 80.5 million when President Obama took office. This means that there are currently 8.5 million more Americans not in the labor force than just four years ago. Forget all the other numbers. This continued explosion of people not in the labor force should be tremendously concerning as it represents an obstacle for the government to ever balance the budget without drastically raising taxes on those still working. http://newsbusters.org/blogs/noel-s...t-labor-force-obamas-first-term#ixzz2Jehi6Wet
That's what Socialism is. Take all of the money from the haves and distribute it to the have-nots.. untill everybody is equally poor and miserable... and lacks motivation to do anything about it. (Hint: See Soviet Union before its collapse.... everybody... except the 'elite class controllers'... poor, standing in line for their ration of potatoes and toilet paper.... half of the population alcoholics, average life expectancy of 47. THAT'S what the current crop of voters have endorsed in the re-election of Odumbo. Of course most people can't see it now, but that's the path we're taking... Democrats are willing to chuck everything that made America great in exchange for a for a free cell phone.... sickening! )
Half of that is largely due to an ageing population- http://chicagofed.org/digital_assets/publications/chicago_fed_letter/2012/cflmarch2012_296.pdf And the other half is due to the recession which has been stable after that. But don't let facts get in the way of your fake outrage.