Warehousing a larger and larger proportion of our population

We are becoming Europe.  It's all so progressive.

I suspect you'll be hearing a lot about this email from former Reagan OMB director David Stockman (whose relationship with mainstream-conservative budget and economics gurus is long and complicated) contending the official unemployment rate in the Bureau of Labor Statistics report is "made up." I'd focus on one significant point that is mentioned halfway through and almost ignored: "The plain fact is that we are warehousing a larger and larger population of adults who are one way or another living off transfer payments, relatives, sub-prime credit, and the black market."