How do you pretend the economy is recovering and report a shiny 8.3% unemployment number?Simple – just add up the population within the city limits of Dallas, Salt Lake City, San Diego, Kalamazoo, Tampa, Mobile, Spokane, Nashville, Las Vegas, Roanoke and Cincinnati. Then take that number and double it. That will give you roughly the number of people needed to disappear out of the labor force to show the beginnings of a dramatic economic “recovery”.
Currently, there are nearly 88 million in the ever growing pool of persons not included in the labor force, up from 78 million in 2008. Oh, but the pain doesn’t stop there…