Record Numbers of People Falling Out of Labor Force

Do not fret! Obama stands ready to battle the greed... or whatever capitalist nonsense that is destroying our economy!

It's Obamanomics in action!

From Zero Hedge:

First, the labor force participation rate, which plunged from 63.2% to 62.8% - the lowest since 1978!

But more importantly, the number of people not in the labor force exploded by nearly 1 million, or 932,000 to be exact, in just the month of October, to a record 91.5 million Americans! This was the third highest monthly increase in people falling out of the labor force in US history.

At this pace the people out of the labor force will surpass the working Americans in about 4 years.

Hey, don't worry... Obama will give everyone food stamps and print up more money to pat for it all. And then the Light-bringer will give you free ice cream and balloons!

When will people learn that these sort of economic policies have been tried before and failed miserably. But keep plugging away... keep kicking working people while their down... take away their full-time jobs and their health insurance. It's the Obama way.