It’s an Obamanation … No wonder he is against right to work states, he seems to be adverse to jobs.
More records set by President Barack Obama. Disability benefits hit a record 8,827,795 in December 2012, up from 8,805,353 in November. Not only is Obama the Food Stamp president, he can now also be considered the Disability one as well. The problem is he cannot call himself the job growth president. How bad is it? In August 2012, only 16.2 people working for each person collecting disability. As compared in August 1967 when 65 Americans working for each worker collecting disability.
From CNS News:
The Social Security program ran a $47.8 billion deficit in fiscal 2012 as the program brought in $725.429 billion in cash and paid $773.247 for benefits and overhead expenses, according to official data published by Social Security Administration.
The Social Security Administration also released new data revealing that the number of workers collecting disability benefits hit a record 8,827,795 in December–up from 8,805,353 in November.
The overall number of Social Security program beneficiaries—including retired workers, dependent family members and survivors and disabled workers and their dependent family members—also hit a record in December, climbing from 56,658,978 in November to 56,758,185 in December.
As Fiscal Cliff and Tax Increases Nears for ALL Americans, Obama Tells Congress to “Cool Off, Drink some Egg Nog, Sing some Carols” & Eat Christmas Cookies, As Obama Vacations in Hawaii
BARACK OBAMA: LEADING FROM BRHIND … LET THEM EAT CHRISTMAS COOKIES.
The United States and all Americans are on the verge of the fiscal cliff and Obama heads off to vacation in Hawaii as he tells all to let them Eat Christmas Cookies. What leadership from our president. Thanks America, you reelected him. There is a reason why Obama is called the Vacationer in Chief. All Americans are facing a tax increase come January 1, 2013 and Obama goes on vacation instead of hammering out a deal. UNREAL. Just this past week, the thin skinned president got defense about a question regarding mass murder violence during his first term. Obama stated, “I don’t think I’ve been on vacation.” It appears that is exactly just where you have been. How can any president just head off on vacation after literally doing nothing since election day to end the fiscal cliff crisis.
Let them eat Christmas Cookies
President Barack Obama delivered an unexpected update on the status of negotiations to avert the year-end fiscal cliff, saying he was still optimistic that a “comprehensive” deal could get done before a deadline in 10 days.
“I want next year to be a year of strong economic growth. … Call me a hopeless optimist, but I still think we can get this done,” Obama said.
Obama said he hoped that the coming holiday break would give all parties in the fiscal cliff debate some “perspective,” telling members of Congress to “cool off, drink some egg nog, sing some carols” and eat Christmas cookies. Obama and his family will leave for Hawaii at 7:30 p.m. tonight.
Obviously Barack Obama is not concerned that 100% of Americans, including the middle class, are about to have their taxes increased. Hell, as it is Americans will face tax increases in 2013 thanks to Obamacare. In 2011 Obama postponed his vacation in Hawaii with his family while the payroll tax vote was in limbo. Are you kidding me? Funny how he could give a $hit now that he has been reelected. The fiscal cliff is a bit bigger than the payroll tax, yet Obama has no issue taking a vacation like the Absentee President he is. My what a difference a year and a reelection makes.
Obama told leaders it would be unacceptable if House Speaker John Boehner (R-Ohio) adjourned for Christmas next week without extending a 2-percentage point reduction of the payroll tax.
A White House official disputed the notion that Obama had altered his vacation plans because of Romney’s criticism.
The official noted that Obama had already threatened to spend Christmas with Republicans in Washington if Congress failed to take action on payroll taxes.
“We’re going to keep pushing Congress to make this happen,” Obama said Friday. “Now is not the time to slam the brakes on the recovery. Right now, it’s time to step on the gas. We need to get this done. And I expect that it’s going to get done before Congress leaves. Otherwise, Congress may not be leaving, and we can all spend Christmas here together.”
President Barack Obama … The Grinch Who Stole More than Christmas.
The Salvation Army are seeing record number of families asking for help this Christmas season. But what else would one expect when a record number of Americans are on food stamps and an employment participation rate at a dismal 63.6%. Obama and Democrats continue to tour the faux-unemployment rate of 7.7%. More and more Americans are dropping out of the work force, including 350,000 in November alone. All this while Obama claims there is a job recovery without any recovery. Obama and Democrats can spin the economic numbers and situation all they want, Americans know the truth and their circumstances are bleak. At some point Americans will wake up and realize that GWB is not to blame and Obama is. When that occurs there will be hell to pay by Democrats.
Officials with the Salvation Army say they’re seeing a record number of families asking for help this holiday season.
Nearly 18,000 families have registered for Christmas assistance in the last month. That number has grown by 2,500 since last year, breaking the 2009 record.
The Salvation Army official web site.
With all this suffering going on in the US and we have liberals that are more concerned with their liberal ideology than helping those who are in need. This clearly is a mental defect of liberals and shows just how little they care about those who are in desperate need. Their hate so consumes them that they would rather harm the people who are aided by The Salvation Army because of their liberal political ideology. This was never more evident than the screwballs at UC Berkeley who are calling for students on campus to ban the Salvation Army citing their alleged homophobic practices. But these liberal college kids would be the first to be looking for a government hand out at tax payers expense.
Barack Obama has not just stole Christmas, he has stole our children and grand children’s future with the unsustainable debt.
We have reached a tipping point, welfare spending now more than medium income … what has happened to our country? America, do you still remember what the word pride means?
As reported at the Weekly Standard, the amount of money spent on welfare programs equals, when converted to cash payments, about “$168 per day for every household in poverty.” Welfare spending per day per household in poverty is $168, as opposed to the median income per day is only $137. Can you say unsustainable? People are going to begin to say, why work? And that is exactly how you crate a socialist society. At some point this has got to stop. For all the welfare spending, it has accomplished nothing except to create a dependent welfare class of people whose vote can be bought and the loss of liberty and self-respect.
According to the Republican side of the Senate Budget Committee, welfare spending per day per household in poverty is $168, which is higher than the $137 median income per day. When broken down per hour, welfare spending per hour per household in poverty is $30.60, which is higher than the $25.03 median income per hour.
“Based on data from the Congressional Research Service, cumulative spending on means-tested federal welfare programs, if converted into cash, would equal $167.65 per day per household living below the poverty level,” writes the minority side of the Senate Budget Committee. “By comparison, the median household income in 2011 of $50,054 equals $137.13 per day. Additionally, spending on federal welfare benefits, if converted into cash payments, equals enough to provide $30.60 per hour, 40 hours per week, to each household living below poverty. The median household hourly wage is $25.03. After accounting for federal taxes, the median hourly wage drops to between $21.50 and $23.45, depending on a household’s deductions and filing status. State and local taxes further reduce the median household’s hourly earnings. By contrast, welfare benefits are not taxed.”
Sadly, Doug Ross may have best summed up this disastrous overspending on the welfare state, “We are headed for fiscal collapse — and the welfare state keeps growing like a cancer, incentivizing sloth, formalizing a culture of dependency, and killing self-sufficiency.”
Just curious America, do you even care anyone about your country, why it was founded for Liberty?
The Great Obama Unemployment Lie: Unemployment Rate Drops to 7.7% for November 2012 … Lose 350,000 from Labor Force & 73% of Civilian Jobs Created in the Past 5 Months Were Government Jobs
WHAT A JOKE … THE GREAT OBAMA LIE THAT THERE IS MOMENTUM IN THE JOB MARKET, JOB GROWTH AND THAT THE UNEMPLOYMENT RATE IS GOING DOWN.
Yesterday it was reported that the unemployment rate for November 2012 dropped to 7.7%. Wow, great news right? More people must be getting jobs, so then the job market must be getting stronger. NOT SO FAST MY FRIEND. Although the unemployment rate went from 7.9% to 7.7% in November, a mere 146,000 jobs were created. It is exactly this government lie that the economy is supposedly getting better that is the cover for Obama to raise taxes. Every business, struggling family and out of work individual knows the economy is not getting better. But the fabricated numbers put forth perpetrate the Obama lie that things improving. Everyone knows that it is economic suicide to increase taxes during a recession or struggling economy, so what do you think is going to happen when taxes are raised during this so-called job growth economy?
I can’t believe Americans are buying my BS, fooling these people was easier than I thought
CNBS Video: Rick Santelli: ‘They Love to Fib About Statistics’
The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 4.8 million in November. These individuals accounted for 40.1 percent of the unemployed. (See table A-12.)
The civilian labor force participation rate declined by 0.2 percentage point to 63.6 percent in November, offsetting an increase of the same amount in October. Total employment was about unchanged in November, following a combined increase of 1.3 million over the prior 2 months. The employment-population ratio, at 58.7 percent, changed little in November. (See table A-1.)
So how does the rate tick down so much with so few jobs created? The unemployment rate did not go down because there is job growth, it went down due to workers leaving the work force. As reported at the Heritage Foundation, The labor force declined by 350,000 and the labor force participation rate declined to 63.6%. More reported at Zero Hedge with easy to to charts that show the real reason why the unemployment rate dropped as as the number of people out of the labor increased by over 540K to 88,883,000.
The only reason that the unemployment rate fell was because more people dropped out of the labor market than actually found jobs. The labor force declined by 350,000 and the labor force participation rate, a measure of potential workers, declined to 63.6, the same level as reported in September. The recovery is well underway, yet potential workers continue to remain on the sidelines and out of the labor market. One reason is that approximately 1.5 million more potential workers are on the disability rolls now as compared to 2007. It is doubtful that many of them will ever return to the labor force, lowering future economic growth.
Just when you thought that what little jobs that were being created was a good thing … THINK AGAIN. The key word America is “think”. As reported at CNS News, as private sector companies are laying people off in droves, 73% of civilian jobs created in the past 5 months were government jobs. What a great job recovery, one fueled by the government creating 7 in 10 jobs and John Q. Public, “We the People” having to pay their salaries. So how is this good for the economy?
In June, a total of 142,415,000 people were employed in the U.S, according to the BLS, including 19,938,000 who were employed by federal, state and local governments.
By November, according to data BLS released today, the total number of people employed had climbed to 143,262,000, an overall increase of 847,000 in the six months since June.
In the same five-month period since June, the number of people employed by government increased by 621,000 to 20,559,000. These 621,000 new government jobs created in the last five months equal 73.3 percent of the 847,000 new jobs created overall.
You elected this America. You wanted four more years of this fiasco. Maybe some of you should just keep to voting for American Idol only. I wonder how the MSM would have reported these terrible jobs numbers if a Republican had been president?
Obama Willing to Go Off “Fiscal Cliff” to Raise Tax Rates on Rich … Harry Reid Blocks Senate Vote on Obama’s Deficit Reduction Plan
What a joke and you are to blame America … You voted this snarky, vindictive, non-serious President back into office and now America will suffer for years to come. What a mess …
President Barack Obama nor US Senate Majority Leader Harry Reid are not serious about fixing the out of control government spending and the ever-growing $16 trillion national debt, all they care about is being vindictive and getting a liberal trophy for raising tax rates on the rich. Yesterday, Treasury Secretary Turbo Tax Timothy Geithner stated that the Obama administration “absolutely” willing to allow the United States to fall off the “fiscal” cliff unless Republicans drop their opposition to higher income tax rates on the wealthy. But what does this really do, nothing. The amount of revenue that would be gained as compared to the $16 trillion debt and continued +$1 trillion Obama deficit spending is like firing a pea at an elephant. The amount of revenue from raising tax rates on the rich would fund government for eight days. That’s it. So why is Obama so adamant about going off the fiscal cliff if tax rates are not raised? To of course get some kind of liberal trophy from the far Left of course. In the end it will accomplish nothing to help the problem we are in and will most likely cause us to go backwards into yet another recession.
President Obama’s lead negotiator in the “fiscal cliff” talks said the administration is “absolutely” willing to allow the package of deep automatic spending cuts and across-the-board tax hikes to take effect Jan. 1, unless Republicans drop their opposition to higher income tax rates on the wealthy.
Treasury Secretary Timothy Geithner said in an interview with CNBC that both sides are “making a little bit of progress” toward a deal to avert the “cliff” but remain stuck on Obama’s desired rate increase for the top U.S. income-earners.
So how serious is Obama and Reid about helping America through these troubled times of over spending? Not at all. they are merely playing party politics with America’s future. Barack Obama had presented a deficit reduction plan. Senate Minority Leader Mitch McConnell (R-KY) offered an amendment to force a vote on President Obama’s deficit-reduction plan, however, Senate Majority Leader Harry Reid (D-Nev.) blocked it. Do you think that Obama or Reid are serious about what they are doing? Hardly. Reid knew Obama’s plan was a pathetic joke and not serious. Reid knows that no self-respecting member of the Senate, including Democrats would vote for this crap. As reported at the Weekly Standard, Reid calls Minority Leader Mitch McConnell’s request to vote on the plan a “stunt.” Really, what would you call Obama’s deficit reduction plan then, that you are unwilling to put to a vote knowing it would fail and embarrass Obama?
It is obvious that Obama wants to go over the fiscal cliff, thinks he does not to negotiate and believes he is a King not a President.
Senate Minority Leader Mitch McConnell (R-Ky.) on Wednesday offered an amendment to force a vote on President Obama’s deficit-reduction plan, but Senate Majority Leader Harry Reid (D-Nev.) was having none of it.
“Last week [Treasury] Secretary [Timothy] Geithner brought up a proposal that was so unserious,” McConnell said on the floor, “I would like to see if my Democratic friends would like to support it.”
Senate vote on what he called the president’s “ridiculous” plan as an amendment to the Russian trade bill that is being considered.
Reid, however, objected to McConnell’s suggestion, saying the Russian trade bill, H.R. 6156, is about job creation, not political stunts from Republicans.
Barack Obama cared little during the first years of his first term as president what the people thought and forced through Obamacare. What exactly did you think this vindictive president was going to do if reelected knowing he does not have to face another election and has no accountability to ‘We the People”.
Welcome to Obamaland and Obama’s vision of “hope and change” as American households have hit a 43 year low in net worth. All this America and you still voted Obama back into office even though he hasn’t a clue as to how to fix the economy or job growth. Sadly, an ignorant electorate still seems to blame Bush for the economy. At what point is America going to wake up and realize that it is an Obama owned economy? Just curious, who is Obama going to blame during his second term in office for the failed inherited economy when he inherited it from himself?
Obama laughed himself silly when he realized that a misinformed electorate actually reelected him without a clue to help fix the economy
The median net worth of American households has dropped to a 43-year low as the lower and middle classes appear poorer and less stable than they have been since 1969.
According to a recent study by New York University economics professor Edward N. Wolff, median net worth is at the decades-low figure of $57,000 (in 2010 dollars). And as the numbers in his study reflect, the situation only appears worse when all the statistics are taken as a whole.
According to Wolff, between 1983 and 2010, the percentage of households with less than $10,000 in assets (using constant 1995 dollars) rose from 29.7 percent to 37.1 percent. The “less than $10,000? figure includes the numerous households that have no assets at all, or “negative assets,” which is otherwise known as “debt.”
America, class warfare is not an economic policy and campaigning is not leadership. Grow up!
Welcome to Obama Land, a “welfare” state on steroids … For Every 1.25 People in Private Sector, 1 Person Gets a Government Check.
Remember an America where individuals believed in hard work and perseverance? Remember an America where individuals took pride in their work and believed in an honest days wage for an honest days work? Remember when we believed in getting ahead over entitlement? NOT ANY MORE. Welcome to an Obama world where many do not want to work a normal work week but expect to be paid for it. Welcome to the Obama progressive welfare state where the slackers succeed off those that work hard. America just elected a president who spent $5 trillion during his first term and looks to double down in this second one. Who really gets hurt by this, the rich? Nope, the middle class. For those in the middle class who work for a living to put food on their families table and a roof over their head, have been sold down the river by federal and state governments that have created a welfare system on steroids. How bad has it become in the United States, it does not pay to work. This country is about to hit a tipping point and the point of no return. Who thinks that this was the vision of Our Founding Fathers?
The grim and disturbing news from Zero Hedge Fund:
[I]t is now more lucrative – in the form of actual disposable income – to sit, do nothing, and collect various welfare entitlements, than to work. This is graphically, and very painfully confirmed, in the below chart from Gary Alexander, Secretary of Public Welfare, Commonwealth of Pennsylvania (a state best known for its broke capital Harrisburg). As quantitied, and explained by Alexander, “the single mom is better off earning gross income of $29,000 with $57,327 in net income & benefits than to earn gross income of $69,000 with net income and benefits of $57,045.“
As aptly stated by Powerline, Those who work for a living have been sold out by federal and state governments that have created a welfare system gone mad.
Looks like Obama inherited a terrible budget deficit from the previous president … himself!
Up, up and away … The Obama out of control federal deficit continues. The budget deficit rose to $120 billion in October 2012. This is what happens when you reelection President give away. All this and Obama never during the election said how he would deal with the economy or out of control spending except to tax the rich. Maybe Obama can blame the bad situation on the previous president. Oh, that would be him wouldn’t it?
120 billion dollars!!!
The budget deficit rose in October, the first month of fiscal year 2013, as looming negotiations over expiring tax cuts and imminent spending reductions dominated the post-election political landscape.
The Treasury said on Tuesday the October deficit was $120 billion, larger than economist forecasts for a $114 billion gap and up from $98 billion in October of 2011.
Growth in expenditures outpaced rising receipts, deepening the deficit. Outlays grew to $304 billion from around $262 billion in the same month last year while receipts rose to $184 billion from $163 billion.
The Economy is #1 Issue in 2012 Presidential Election and Obama Does not Even Meet with his Own Jobs Council
The economy/jobs is the number one issue with Americans in the 2012 Presidential election. Obama has stated in multiple State of the Union speeches and on the campaign trail that jobs is his primary focus. Really?
Who really thinks that jobs have been a priority for Obama? When asked in an interview by the Des Moines Register, Obama stated that he had no regrets over prioritizing Obamacare over jobs. So then it should come as no surprise that Barack Obama didn’t even join in on “Job Council” monthly calls.
Remember back in July when the administration told reporters Barack Obama was too busy to meet with his jobs council? How about Obama missing more than half of his daily briefing meetings as well.
The absentee president cant be bothered with doing the job of president, he has been too busy for four years campaigning instead.