Because they're over-taxing the economy and printing money to cover the costs, it isn't really functioning though, it has more or less been on life support for the past few decades.
Just wait for the layoffs the new Heath Care bill will be bring in the next 2 to 3 years http://www.businessweek.com/news/20...on-charge-on-health-care-reform-update1-.html this will be just around the time the part-time census jobs are ending and the governments pulls the props away from the housing and stock market. Scary times ahead.
A risk free investment "Forever stamps" "The only way to use forever stamps to turn a profit would be if the pace of increases in postal rates is higher than inflation. The Postal Accountability and Enhancement Act is supposed to be reassessed in 2016, so you could make an investment hoping the inflation controls are waived. But that is likely to be a poor bet. Even without official prices controls, postal rate increases have been lower than inflation since the 1970s." No one figured on lower revenue...Stamp prices need to go much higher. May double in five years...No risk of loss...backed by the US govt.......high liquidity....probably tax free....best invesment in town....
What? Haven't you heard? Big government bureaucracy makes things cheaper not more expensive, that's why we can cover everybody with health insurance yet bring costs down. Price supports (minimum wage) cause shortages. Increasing demand (government handouts) creates surpluses and lowers price. Borrowing every stinkin' nickel you can get from the future to blow today is the sure path to prosperity. Raising taxes to redistribute money to the poor is a boon to our economy, not a boondoggle. Gentlemen, we are going to tax and spend ourselves right into an economic paradise, just like every other country that tried it.
I read somewhere that attrition is 100k jobs a month, so we need at least 100k new jobs a month just to tread water. I pay less attention to the numbers and more to the market's reaction. But it would not surprise me to see these numbers improve. People are exhausting their benefits and will have to find jobs, no matter what they pay.
I heard 150,000 to tread water. And I don't think it is called "attrition", but increase in general population (people reaching working age), plus immigration, etc.
Let the rallllllly resume, bulls take it away!!!! Buy buy buy buy. 162,000 increase. 9.7% Jan and feb 40k+ revisions 48k census workers, not that high. Futures positive.