With all the hoopla from the White House about some job creation the one indicator that so far has escaped political correctness is the civilian participation rate. This indicator has flat lined at 64.2% rate pretty much mimicking our flat lined economy under Obama. The lowest rate since 1984.
As shown in a previous blog inflation is here and the dollar bubble is exploding. How fast? Well that depends on how fast Bernanke, Geithner and the Keynesian crowd want to burst it. Could be as little time as four months or as much as five years. I will say if we get QE III in June or July it is all over but the crying.
Slowly but surly the government and their Keynesian economic policies are shutting more and more people out of the pursuit of the American Dream. At least 3 million so far.
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