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Toll Brothers Inc. Message Board

  • sage2123 sage2123 Apr 5, 2013 10:34 AM Flag

    The Problem With Demographics

    Yes....all these people DO need a place to live.

    BUT....they need a living wage to support it.

    Things just keep getting worse for the American worker, and by implication US economy, where as we have shown many times before, it pays just as well to sit back and collect disability and various welfare and entitlement checks, than to work .The best manifestation of this: the number of people not in the labor force which in March soared by a massive 663,000 to a record 90 million Americans who are no longer even looking for work. This was the biggest monthly increase in people dropping out of the labor force since January 2012, when the BLS did its census recast of the labor numbers. And even worse, the labor force participation rate plunged from an already abysmal 63.5% to 63.3% - the lowest since 1979! But at least it helped with the now painfully grotesque propaganda that the US unemployment rate is "improving."

    Sentiment: Sell

 
TOL
24.10-1.02(-4.06%)Feb 11 4:02 PMEST