Rick Santelli on people leaving workforce: What are we, a banana republic?

First, here’s the lowdown on the unemployment data from Jim Pethokoukis (and a few others):

Regarding the people that keep leaving the workforce, Santelli says the cost of supporting them continues to grow and that we can’t keep hiding them forever:

And you can’t play this three card monte game for long. And to see the stock market rally on crappy data to me is just a horrible dynamic. What are we, a banana republic?



Watch the whole clip:

(h/t: TWS)

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