A record 92,898,000 Americans 16 and older did not participate in the labor force in December, as the labor force participation rate dropped to 62.7 percent.
That’s 456,000 more than the 92,442,000 Americans who did not participate in November 2014.
Why work? The Fed can keep printing money, and an ever shrinking proportion of the population can fund the lifestyles of everyone else. What could go wrong??