Chart Of The Day: The Relentless 65-Year Decline In The Labor Force Participation Of Men

There are powerful domestic and international economic forces and welfare state policy impacts----such as the huge increase in Social Security disability and food stamp recipients----- that are roiling labor force participation rates and weakening labor hours utilized and labor productivity. Yet the Fed is led by a clueless, paint-by-the-numbers Keynesian "conomist" who is trapped in a 1960s "full-employment" time warp.

Did she notice this over the last several decades?

 

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