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I didn't watch the video, but population has increased a lot since the start of the bubble, and it seems it took the bubble to keep the percentage of eligible worker participation (as well as unemployment rate) at acceptable levels. The real issue now is the <50% level of full-time employment in the total working age demographic, which you've noted here in the past.

As Howard Beale said in your du jour video yesterday, "First you've got to get mad!"

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