l****z
发帖数: 29846 | 1 Daniel Halper
November 2, 2012 9:39 AM
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 President’s 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 created—thus 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:
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 nation’s 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 welfare—food 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 million—almost 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 created—67 percent more—at 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. | h*******g
发帖数: 205 | 2 From CNBC, the net job created as of Oct 2012 was negative 61,000,
considering all the factors. I think it is more trusted number.
Nobama! | l**1
发帖数: 1875 | 3 From CNBC, the net job created as of Oct 2012 was positive 51,000,
considering all the factors. I think it is great news.
【在 h*******g 的大作中提到】
: From CNBC, the net job created as of Oct 2012 was negative 61,000,
: considering all the factors. I think it is more trusted number.
: Nobama!
| h*******g
发帖数: 205 | 4 OMG, positive 51,000 for the past four years? Obama lied then, he said
millions of job created! Thanks for correcting him.
【在 l**1 的大作中提到】
: From CNBC, the net job created as of Oct 2012 was positive 51,000,
: considering all the factors. I think it is great news.
| h*******g
发帖数: 205 | 5 Loser has loser's support
【在 l**1 的大作中提到】
: From CNBC, the net job created as of Oct 2012 was positive 51,000,
: considering all the factors. I think it is great news.
| l**1
发帖数: 1875 | 6 After little Bush, US lost 52,000 jobs PER MONTH.
does this satisfy you?
LOL
【在 h*******g 的大作中提到】
: OMG, positive 51,000 for the past four years? Obama lied then, he said
: millions of job created! Thanks for correcting him.
| h*******g
发帖数: 205 | 7 You will be the next one out of job!
【在 l**1 的大作中提到】
: After little Bush, US lost 52,000 jobs PER MONTH.
: does this satisfy you?
: LOL
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