May 4, 2012

BOB KRUMM: Welcome to the Stag-Nation. “This is what a stagnant economy looks like. The gain of 115,000 jobs is less than enough to keep up with population increases, and was below the median economic forecast for April. The only reason that the unemployment rate ‘fell’ to 8.1% is because the labor force participation rate keeps dropping. If you stop looking for work, you aren’t unemployed. But you’re not employed either. You’re just ‘missing.’ You don’t count. Welcome to the country we now live in: the Stag-Nation.”

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