Currently, about 36.4% of the civilian noninstitutional population (i.e. people able to work) have chosen not to be in the labor force. 36.5% of those who chose not to be in the labor force are age 65 or older. That's the lowest proportion in almost 25 years. That is, we have a higher proportion of younger people (16-64) who have chosen not to work than we've had since 1988.
Baby boomers my ass.
The ghost of Jack Kevorkian for President's Physician: 2016
Obama in 2009: If I canít fix the economy in three years, you can call me former President Obama
"The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."
-- Adam Smith
The economy added 147,000 private sector jobs which is far better than the 797,000 lost 4 years ago.
Bureau of Labor Statistics Data
on the downside, we're still not anywhere close to out of the woods, and now we have to raise taxes and cut spending. our most modest of recoveries is at real risk, and there's no way to avoid paying the bills now. to say that i'm concerned would be an understatement.