During President Barack Obama’s first term, the number of Americans collecting federal disability insurance increased by 1,385,418 to a record 8,827,795.
As a result, there is now one person collecting disability in this county for every 13 people working full-time (and that of course is also flat as the unemployment rate in Jan 2009 and the unemployment rate now are the same- The u6 for underemployment is actually higher than in Jan 2009). Forty-two years ago, in December 1968, there were 51 people working full-time in this country for each person collecting disability.
But don’t worry, that was GW Bush’s Fault! like everything else that’s bad about our newly Re-coronated King.
The number of Americans age 16 or older who decided not to work or even to seek a job increased by 8,332,000 to a record 88,839,000 in President Barack Obama’s first term, according to the Bureau of Labor Statistics.
At the same time, the number of retired workers collecting Social Security increased by only 4,234,480.
The increase in Americans opting out of the labor force during Obama’s first term resulted in a decrease in the labor force participation rate from 65.7 percent in January 2009, the month Obama was first inaugurated, to 63.6 percent in December 2012, the latest month reported. Before Obama took office, the labor force participation rate had not been as low as 63.6 percent since 1981, the year President Ronald Reagan took over from President Jimmy Carter.
To be in the labor force a person must either have a job or actively sought one in the previous four weeks.
So I guess those millions of jobs “saved or created” wasn’t that fantastic after all… 🙂
In the comparable period of George W. Bush’s second term, the number of Americans choosing not to participate in the labor force went from 76,808,000 in January 2005 to 80,380,000 in December 2012—an increase of 3,572,000.
But Bush is the spawn of the Devil himself and he caused all of this so this must be a lie told by right wing extremists! Because everyone who is “intelligent” knows that everything in the world went to hell after he was elected. 🙂
President Barack Obama averaged a 49.1 percent job approval during his first term in office, among the lowest for post-World War II presidents, according to a new Gallup poll.
Only Jimmy Carter and Gerald Ford had lower job approval averages in their first terms, Gallup reported. (CNS)
Now that’s good company! 🙂
So 49% approved and 50% voted for him. And it had been Lower than Carter’s (aka the lowest on record since WWII) in 2011.
Wow! that’s tight. No wonder he ran the dirtiest, nastiest, ugliest smear campaign in probably 150 years.
It was vote for me The Unpopular or Vote for my Opponent — The Evil Rich White Asshole!
And the stupid people fell for it!
When the Bush tax cuts and War on Terror went into effect, the debt as a dollar amount rose, but as a percentage of GDP it remained fairly stable. It was only when the financial crisis hit that the debt exploded. So, it’s not mathematically possible that policies that were put into place nearly seven years prior to the debt exploding, could be responsible for its rise.
The left is simply cherry-picking the policies–expenditures in their minds– that it likes the LEAST, from the time prior to Obama taking office and using them to deflect the blame away from things like the stimulus, the growth of welfare spending and the failure of liberal economic policies to stimulate economic growth.
Think about it this way. The amount of money taken out of the general fund each year to pay for Medicare, Medicaid and Social Security is more than the cost of any one year of the Bush Tax cuts or the was in Iraq and Afghanistan when they were at their peak.
By the left’s standards, you could pin just as much blame for the debt increase on the presidents who passed those entitlement programs. But, you don’t hear President Obama pinning the blame on LBJ or FDR for the $5 Trillion in new debt that we’ve accumulated since he took office. (CNS)
So in closing, a Little Comedy:
And this is funny:
They are having a 3/5 sale! 🙂
Now if that doesn’t offend the hyper-sensitive Left I don’t know what will.
I know, George W, Bush! That always works! 🙂