US debt tops $16 trillion … Record 88,921,000 Americans ‘Not in Labor Force’
Facts don’t lie. The numbers are what they are. America can’t afford the future Obama has in mind for her if he gets a second term.
Mitt Romney lamented “the enormous debt” being handed the nation’s children, while House Speaker John Boehner called it a “sad reminder of President Obama’s broken promise to cut the deficit in half.”
Record 88,921,000 Americans ‘Not in Labor Force’
In July, there were 155,013,000 in the U.S. civilian labor force. In August that dropped to 154,645,000—meaning that on net 368,000 people simply dropped out of the labor force last month and did not even look for a job. There were also 119,000 fewer Americans employed in August than there were in July. In July, according to the Bureau of Labor Statistics, there were 142,220,000 Americans working. But, in August, there were only 142,101,000 Americans working.
