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With A Straight Face, US Government "Finds" Number Of Retiring 20-24 Year-Olds Has Doubled
Zero Hedge ^ | 1/4/2016 | Tyler Durden

Posted on 01/06/2016 8:35:36 AM PST by GilGil

But nothing compares to the latest farce released recently by the Bureau of Labor Statistics, the same guys whom we caught fabricating jobs data back in September 2013.

As everyone knows, one of the biggest question marks surrounding the US labor market is the 95 million of Americans not in the labor force, resulting in the lowest labor force participation rate since the mid-1970s...

For Americans between the ages of 20 and 24, the share of those sidelined over the past decade because they were in school increased, unsurprisingly, during the decade that included the Great Recession. What's more unusual is that the share of 20- to 24-year-olds who say they're retired doubled from 2004 to 2014.

(Excerpt) Read more at zerohedge.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: 2016; election; employment; trump
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To: GilGil

I suspect retiring is good work if you can get it.


21 posted on 01/06/2016 8:59:21 AM PST by posterchild
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To: thefactor
They are living with their parents. Why work when you can play video games and your mom makes your bed? Just wait for them to die and take the house.

Well, the normal parent then can have the last word!

Government and the "new morality" are the enablers.
Parents are just the clueless victims.

Being old fashioned, I always tried to be able to pass on something to my kids. No More.

Now, I am seriously considering a reverse mortgage. If I had "retired kids" (which I don't) I would get a reverse mortgage tomorrow. And the losers and their string of bastards on welfare can figure out how to find a job and survive at age 40, with no work experience.

What is the trigger for national economic collapse? 50% of the annual budget to pay the interest on deficit spending and the national debt?

75%?

90%?

Who can bail out a failed USA? The UN?
....wait...

22 posted on 01/06/2016 9:18:00 AM PST by publius911 (IMPEACH HIM NOW! evil ignorant stupid or crazy-doesn't matter!)
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To: posterchild

Even better if she can get knocked up by multiple fathers.


23 posted on 01/06/2016 9:32:12 AM PST by SgtHooper (If you remember the 60's, YOU WEREN'T THERE!)
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To: publius911
Who can bail out a failed USA? The UN?
....wait...

Ask 1000 Obama "supporters" if they understand, and can explain how deficit spending and servicing the national debt "works."

I would bet a substantial amount that NOT A SINGLE ONE would know, or care, or grasp the implications of their ignorance!

24 posted on 01/06/2016 9:34:56 AM PST by publius911 (IMPEACH HIM NOW! evil ignorant stupid or crazy-doesn't matter!)
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To: GilGil

Maybe we should all retire early and basically strike against high taxes and confiscatory government?


25 posted on 01/06/2016 9:36:32 AM PST by GraceG (Protect the Border from Illegal Aliens, Don't Protect Illegal Alien Boarders...)
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To: Buckeye McFrog

The Young Ones??


26 posted on 01/06/2016 9:37:35 AM PST by Bucky14 (And I would have gotten away with it too, if not for you meddling kids!)
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To: GilGil

Claim the unemployed as “retired”. That’s one way to keep the unemployed numbers low.


27 posted on 01/06/2016 9:44:56 AM PST by mikey_hates_everything
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To: Vic S
Convergence theory....it was better explained in the James Coburn film The President's Analyst


28 posted on 01/06/2016 9:49:06 AM PST by Buckeye McFrog
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To: GilGil

So the new word for “on welfare” is “retired”?

Good to know.


29 posted on 01/06/2016 9:49:58 AM PST by Reddy (B.O. stinks)
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To: Jonty30

I think they retire to their parent’s basement.They do a few chores around the house and the parents feed them.


30 posted on 01/06/2016 9:57:21 AM PST by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: Buckeye McFrog
"..Sounds like a bad British sitcom from the early 80's.."

So I wasn't the only one who saw "The Young Ones"? Hehehe. d;^)

I actually thought it was funny stuff. Loved AbFab, too. Sometimes it's nice to disconnect yer brain for a bit. Like every time I try to watch the news. d:^)

31 posted on 01/06/2016 10:12:38 AM PST by CopperTop
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To: CopperTop

Yes, The Young Ones had it’s moments.

I loved that bit about the two demons in Hell named Orgo and Fwrutumsch. If their name is called they get summoned from Hell and they get to torment the person who called them for five minutes.

Fwrutumsch is lamenting that he never gets called, but people are always calling Orgo (shall we go to the cinema, or go shopping?...)

Then Ade makes Fwrutumsch’s millennium when he actually says his name....because it’s a bit of bureaucratese on a student aid form!

I was in college at the time and I could relate!


32 posted on 01/06/2016 1:08:46 PM PST by Buckeye McFrog
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To: Farmer Dean

Maybe my mother will let me move in to her room at the old folks home?


33 posted on 01/06/2016 2:58:10 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: Buckeye McFrog
Agreed!! I have the DVD collection.

Every Stoopid Episode. d;^)

34 posted on 01/06/2016 6:20:47 PM PST by CopperTop
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