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Fed Study Shows Drop in Participation Rate Explained by Retirement; Let’s Explore that Idea, in Depth and in Pictures A November Fed study on the Causes of Declines in the Labor Force Participation Rate by Shigeru Fujita at the Federal Reserve Bank of Philadelphia concludes " The decline in the participation rate in the last one-and-a-half years (when the unemployment rate declined faster than expected) is entirely due to retirement.
Taken from: Rich Pay All The Taxes (Yes, Including Payroll Taxes, Social Security, Medicare) Take II
Congress passed 57 bills in 2013, compared with an average of 282 passed bills per year from 1973 through 2012 The House recently adjourned for the year after being in session for only 155 days in 2013. The Senate has logged 146 days in session so far this year. In Congress’s first year, 1789, members were in session for 168 days
Congress passed 57 bills in 2013, compared with an average of 282 passed bills per year from 1973 through 2012 The House recently adjourned for the year after being in session for only 155 days in 2013. The Senate has logged 146 days in session so far this year. In Congress’s first year, 1789, members were in session for 168 days
View article: District Court Judge Rules NSA Phone Taps Likely Unconstitutional; 68 Page Ruling Cites "Orwellian Technology" and Unreasonable Searches
Haircut Deficit: Kids Living in Basements a Drag on U.S. Services Spending; Since Recession Ended, Durable Goods +34%, Services +6.3%; What’s Next
View original post here: Twenty-Three Hurt in Spain Protest Against Anti-Protest Legislation; Peripheral Europe Powder Keg Ready to Explode
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Mike Rowe, host of the Discovery Channel series Dirty Jobs chimes in on the US education system in an interview with Nick Gillespie on Reason.Com . click on above link if video does not play Rowe : If we are lending money that ostensibly we don’t have to kids who have no hope of making it back in order to train them for jobs that clearly don’t exist, I might suggest that we’ve gone around the bend a little bit. Gillespie : We are doing everything we can to push every kid to go to a four-year college.