Labor Participation Rate Drops To Lowest Since 1978; People Not In Labor Force Rise T

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Good. That's 92.3M people I can count on to not also have a Panigale R. There must be 500 R's in my county alone. :p
 
I was also thinking of a career in welfare, but I wanted a Ducati so..... But why get a real job, when I can collect Welfare and work a BS construction job in the summer? Or temp as a Dolphin tank cleaner?

The economy is still weak. There's a distinct lack of real jobs out there.

Lets all vote for another economy killer. I need the housing bubble to pop again. (It's coming) I still can't believe people are asking $150k for a house nobody wants, or can afford. Just watching, waiting for the right price.
 
Last edited:
Buliwyf said:
I was also thinking of a career in welfare, but I wanted a Ducati so..... But why get a real job, when I can collect Welfare and work a BS construction job in the summer? Or temp as a Dolphin tank cleaner?

The economy is still weak. There's a distinct lack of real jobs out there.

Lets all vote for another economy killer. I need the housing bubble to pop again. (It's coming) I still can't believe people are asking $150k for a house nobody wants, or can afford. Just watching, waiting for the right price.
Click to expand...

The next housing bubble won't be housing prices. It'll be low-interest home equity lines of credit. When you get a 2% HELOC at $250K your interest-only payment is $1K month. When that jumps back to 2002 prime rates your interest-only payment will be $4-5K+/month. BOOM!
 

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