There are fewer people supporting the potential Tax Burden
Employment as a Percentage of Population
As the amount of Federal Debt climbs ever higher, there are fewer American citizens as a percentage of the overall population working. Unlike the BLS unemployment rate that only measure people who are looking for work and cannot find it. Many millions of the population have simply left the workforce.
The effects are two fold: First, the tax base to service the Federal debt and other obligations is shrinking relative to the overall need. The second is simple, less people contributing to the productivity of the nation means slower growth and increasing federal programs to support the "war on poverty".
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