Paul Krugman, Bernie Sanders, and the Experts

January 31, 2016

Today most of the experts are telling us the economy is near full employment. To accept this view we have to believe that millions of prime age workers (between the ages of 25-54), just decided they don’t feel like working any more. The drop in labor force participation rates occurred at all education levels, including people with college and advance degrees. This massive loss of interest in working was completely unpredicted by the experts just a few years ago.

-Beat the Press