Tuesday, July 10, 2012

Gambling away our future

Obama’s slogan “Betting on America” only reminds us of what he’s gambled away 

Is this really what recovery looks like? 

“More workers joined the federal government's disability program in June than got new jobs, according to two new government reports, a clear indicator of how bleak the nation's jobs picture is after three full years of economic recovery." Read more here


Or look at it from a different angle 

“When President Barack Obama was inaugurated in January 2009, there were 142,187,000 people employed and 7,442,377 workers taking federal disability payments. That equaled about 1 person taking disability payments for each 19.1 people actually working. In May of this year, there were 142,287,000 people employed, and 8,707,185 workers taking federal disability payments. That equaled 1 worker taking disability payments for each 16.3 people working…”  Read more here

But it gets worse!  It turns out that a third of the few jobs added in June were temporary 

 BLS reported that Business and Professional Services created 47k jobs in June, almost 6-in-10 of the total jobs created. Over half of these, though, 25k, were at temporary employment firms.” Read more here

In November, shouldn't we force the President to cut his our losses and quit while he's behind?  He's betting we won't.

No comments:

Post a Comment