From that chart and from what you're saying, it sounds like the labor-force-participation element isn't necessarily bad -- although we certainly do have malaise

From that chart and from what you're saying, it sounds like the labor-force-participation element isn't necessarily bad -- although we certainly do have malaise from other sources. (In particular, there's how the dot-com bubble's about to burst again, for the second time in a generation. "Learned nothing and forgotten nothing," that's us...)