Posted on 11/02/2012 10:00:53 AM PDT by Gil4
With the latest jobs report, it is now the case that "Under Obama, Food Stamp Growth [Is] 75 Times Greater Than Job Creation," according to statistics compiled by the Republican side of the Senate Budget Committee. "For Every Person Added to Jobs Rolls Since January 2009, 75 People Added To Food Stamp Rolls."
Here's a chart detailing the growth:
Since January 2009, as the chart shows, a net of 194,000 new jobs have been created. During that same time, 14.7 million have been added to the food stamp rolls.
"Simply put, the Presidents policies have not produced jobs. During his time in office, 14.7 million people were added to the food stamp rolls. Over that same time, only 194,000 jobs were createdthus 76 people went on food stamps for every one that found a job," says Senator Jeff Sessions, ranking member of the Senate Budget Committee. "This is a product of low growth. Post-recession economic growth in 2010 was 2.4%, and dropped in 2011 to 1.8%. This year it has dropped again to 1.77%. Few, if any, net jobs will be created with growth of less than 2%."
The Republicans on the Senate Budget Committee put the job growth into perspective:
Good stuff. Thanks for posting.
All of which goes to prove the wisdom of the Founders of America and of the great moral philosopher, Adam Smith whose 1775 "Enquiry into the Nature and Causes of the Wealth of Nations" laid out the case for freedom of individual enterprise and limits on the power of self-appointed "rulers" who would spend and tax under the guise of "helping."
"To preserve [the] independence [of the people,] we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:39
"I deem [this one of] the essential principles of our government and consequently [one] which ought to shape its administration:... The honest payment of our debts and sacred preservation of the public faith." --Thomas Jefferson: 1st Inaugural, 1801. ME 3:322
"I sincerely believe... that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale." --Thomas Jefferson to John Taylor, 1816. ME 15:23
"[With the decline of society] begins, indeed, the bellum omnium in omnia [war of all against all], which some philosophers observing to be so general in this world, have mistaken it for the natural, instead of the abusive state of man. And the fore horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:40
This kid had it all wrong:
9-Year-Old Boy at Michelle Obama Rally: If Mitt Romney Win, Well Be Going Back to the Crop Fields
If Obama wins, we will ALL be closer to the crop fields. I'm not sold on Romney, but I am 100% sold on "Not Obama"
Bad chart.
It needs to show jobs LOST as well as jobs created.
:)
(As well as the food stamp column.)
Keep posting!
This is how a socialist builds his dictatorship; Creating a scenario where the masses rely on him for their sustenance. Lack of jobs is NO accident. It’s required for the dictatorship to take hold. 0bama HAS been successful at one thing; implementing his ‘Cloward & Piven’ strategy of gently collapsing America’s economy without making it appear too obvious. The feeling of stagnation and that 0bama has simply allowed the down slide to occur without being proactive about reversing it is in the air, but only a small percentage of Americans know that what he is doing is INTENTIONAL; The Cloward & Piven strategy requires willful negligence, even during terrorist attacks on our Embassies. The Dictator’s media is always there to cover for him.
I had to look up the Cloward and Piven strategy. Good Point.
He is correct. Far more people have gone on disability and food stamps than have dropped off of unemployment.
http://confoundedinterest.wordpress.com/2012/11/02/unemployment-rate-rises-to-7-9/
He is correct. Far more people have gone on disability and food stamps than have dropped off of unemployment.
http://confoundedinterest.wordpress.com/2012/11/02/unemployment-rate-rises-to-7-9/
I just realized I excerpted by mistke - I read the whole article, but when I posted I missed the part that was below the advertising. Here is the rest:
In January 2009, there were 133.56 million Americans with jobs and 31.98 million on food stamps. Today, there are 133.76 million Americans with jobs and 46.68 million on food stamps. The employment rolls have thus grown by 0.15 percent and the food stamp rolls have grown by 46 percent, meaning that for every one American who found a job, 75 Americans signed up for food stamps. Meanwhile, during that time, our nations debt has risen $5.63 trillion. Total spending on food stamps is now more than $80 billion annually, a fourfold increase from 2001. Total spending on federal means-tested welfarefood stamps, public housing, social services, cash aid, etc.is now approximately $1 trillion. That amount is enough, if converted to cash, to send every household beneath the federal poverty line an annual check for $60,000.
Welfare spending is projected to remain permanently elevated; for instance, at no point in the next 10 years will fewer than 1 in 9 Americans be on food stamps. In fact, the Administration has actively sought to boost food stamp spending and enrollment, including through a partnership with the Mexican government to advertise benefits to foreign nationals, as well as materials that teach outreach workers how to overcome the word No. USDA even goes so far as to argue that the program is the most direct stimulus you can get.
Overall, in the last four years, the United States gross federal debt has increased 53 percent, food stamp enrollment has increased 46 percent, and the number of employed persons has increased just 0.15 percent. This picture, however, is even more ominous than it looks. While only 194,000 net jobs have been created since 2009, the working age population has increased by approximately 5 millionalmost 25 times that amount. In other words, a shrinking share of working age adults have or are even looking for a job. The real unemployment number (U-6), therefore, is 14.6 percent.
To put this month's job creation in historical perspective, in October of 1984, 286,000 jobs were created67 percent moreat a time when the U.S. working age population was 26 percent smaller than it is today.
Over time, these trends, if not reversed, spell economic disaster for the United States and its citizens.
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