Posted on 05/07/2012 1:12:58 AM PDT by Kaslin
I have to credit our own Mike Shedlock for writing about how Obama’s been able to drive down the topline unemployment number even though unemployment remains as a big problem today as it has ever been.
I’m often reluctant to piggy back on a contributor’s work, but when something is really newsworthy, I think it’s justified.
Yesterday Mish pointed out that:
In the last year, the civilian population rose by 3,638,000. Yet the labor force only rose by 945,000. Those not in the labor force rose by 2,693,000.
In the last month, actual employment fell by 169,000, but the unemployment rate dropped by .1%.
That is an amazing "achievement" to say the least.
How did Obama do this magic trick of moving unemployment from a high of 10 percent to 8.1 percent without adding, you know, jobs?
Well according to Shedlock, economists at JPMorgan Chase & Co. and Morgan Stanley say that those on Social Security Disability (SSDI) checks have risen by about 2.2 million.
People who qualify for SSDI are automatically excluded from the workforce, meaning that you can actually have an economy losing jobs while technically the unemployment rate will go down as more people received disability benefits and are subtracted from the workforce.
Social Security Disability is a picture perfect program scam for the Obama administration. It allows Obama to say that unemployment is going down, while adding to the rolls of people who are dependent on some sort of Democrat-Party enabled government assistance.
Prior to these revelations, I had thought that the country’s workforce was shrinking because persistent joblessness was causing people to stop looking for work. In other words, I though it was just another example of Obama’s economic incompetence.
I’m not ruling out incompetence completely, but when the administration has a vested interest in allowing fraud to happen by turning a blind eye, they act like caravan stuck in a sand storm, especially if it adds more potential voters to the dole.
And what’s worse, the damage done to the economy by this type of fraud - and to the legitimately disabled who need the benefits- will take generation to fix.
Because, while joblessness can be reversed with some sensible economic policies, adding to the disability rolls creates permanent damage to the economy from which the country will not recover in generations. Writes Bloomberg.com
Check a “minority” box and see how fast you go to the front of the line.
What do you think they are advertising? Public Safety, no.
Water Conservation, no. Jobs Programs, no.
They are advertising “Cal Fresh”. What is Cal Fresh you ask?
Why, it's the brand new made up feel good name for The Food Stamp Program.
The commercials have a little kid helping Daddy cook up a nutritious meal. The kid is so excited when she goes to tell Mommy that dinner is ready, while the announcer goes on and on about the wonderful fruits and vegetables that this poor Family was able to get through Cal Fresh.
You can own a home, own a car and have a savings account, no problem. It isn't even being touted as a temporary hand up. They make it sound like a wonderful lifestyle.
I wonder how many Rush listeners partake in it?
Tell me about it....
The person I spoke last with at the office shocked the hell out of me. She said, out loud if you can believe it, that they were swamped with ‘minorities’ applying and “guess who gets preference”?
It’s bad enough that I and other actual citizens worked like dogs for years to support them. Now, when the conditions warrant, those in my situation are given the shaft.
Having been through this in the 90s, I fully expected the run around. But this current insanity is beyond belief. It took them over a year to get me the first denial letter (EVERYONE gets denied the first time supposedly to ‘weed out’ the fakers.
Still waiting.....and BTW, this is WITH a disability lawyer.
It’s reparations.
It’s slavery, and “this time, we’re in charge, whitey”.
Yup. Right up until the rest of Whitey stops working. Then the minority mob will turn on their own educated/motivated/capable people for ‘acting white’ more than they do now.
I never thought I’d live in the movie “Idiocracy” but here I am. I just wish I could come back in 200 or so years to see just how close to extinction the human race is. If there are enough people left and a history of the early 21st century written, I’ll bet it get’s filled with words like ‘insanity’.
Maranatha...
"For Elderly Immigrants, a Retirement Plan in U.S." - NYTimes(4/16/1995)
Once upon a time when Immigration laws and their enforcement were taken seriously, even legal immigrants were deported for accepting Public Assistance. (But that was the law when white Europeans were the majority of Immigrants and it would be racist to... )
Interesting...
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