[Chgogal]

BTTT

Money velocity has tanked because there are 92 million Americans not working or underemployed for whatever reason.

The turn to the left culturally eats at the work ethic and the American Spirit (Can do, why if I get free money?). The economic left turn hits the individual citizen's and small businessman's pocket book and bottom line, respectively.

[expat_panama]

92 million Americans not working

We hear that number a lot, but when I subtract the total number of people w/ jobs from the total U.S. population over 16 not in jail--

--I get around 102 million and counting.  That number was stable at just over 84 million during most of the previous decade, so we're now looking at an '08 election leap of 18 million.  It's like saying the entire state of New York suddenly got laid off.