Kate Hicks – Web Editor, Townhall.com
May 26, 2012 12:43 PM EST
Some astoundingly grim news on the “economic recovery” front: half of American households are receiving government funds to support themselves. No matter which way you slice it, this number isn’t good news for the Obama administration — they can spin the jobs numbers by ignoring the number of people who dropped out of the workforce, but this statistic is pretty straightforward.
The 49.1% of the population in a household that gets benefits is up from 30% in the early 1980s and 44.4% as recently as the third quarter of 2008.
The increase in recent years is likely due in large part to the lingering effects of the recession. As of early 2011, 15% of people lived in a household that received food stamps, 26% had someone enrolled in Medicaid and 2% had a member receiving unemployment benefits. Families doubling up to save money or pool expenses also is likely leading to more multigenerational households. But even without the effects of the recession, there would be a larger reliance on government.
May 26, 2012 | Categories: 2012 Election, Agency Regulation, America's Freedoms, Armed Forces, Balanced Budget, Class Warfare, Cloward and Piven Strategy, Congress, Congress: Inquiries & Committees, Constitutional Responsibilities, Corruption, Corruption in Government, Deficit, Economic Security, Education, Election 2012, Elections Politics, Electorate, Employer Uncertainty, Energy and Oil, Fiscal Responsibility, Freedom Justice and Liberty, Fuel Prices, Government, Government Regulations, Individual Rights and Freedoms, Jobs, Learn from History, Liberal Scare Tactics, Liberals Big Spending and Taxes, Media Corruption, National Debt, National Security, New Media News, Political Contests, Politics, POTUS Deception, POTUS Elibility Issue, Progressives pushing for Marxism/Socialism, Propaganda, Public Sector (Government), Radical Liberal Progressive Left, Recovery, Redistribution of Wealth, Scandals, Stock Market, Banks & Financial Institutions, TEA Taxed Enough Already, The Economy, Undermining Constitution, Unemployment, UNION Corruption, UNIONS ACORN and SEIU, VOTER FRAUD, Wall Street - Main Street | Tags: baby boom generation, Business, deficit, Entitlement Programs, inflation, jobs, jobs and economy, multigenerational households, National Debt, over regulation, politics, poverty, recovery?, Underemployment, unemployment, Welfare | Leave A Comment »
Posted Oct 21st 2011 at 9:17 am
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss why an unprecedented 26 million Americans are underemployed, Rick Perry’s flat tax, and Steve Jobs’ appeal to Barack Obama to free our education system from the teacher unions.
An Unprecedented 26 Million Americans Are Now Underemployed
A long, steep drop for Americans’ standard of living
US ‘Misery Index’ Rises to Highest Since 1983
Second Miracle in 15 Years Needed for U.S. as Productivity Wanes
Texas Gov. Rick Perry calls for a flat tax
Steve Jobs Biography Reveals He Told Obama, ‘You’re Headed For A One-Term Presidency’
What if the NFL Played by Teachers’ Rules?
Will Charter Schools Cure America’s Blues?
The hosts and guests of Coffee and Markets speak only for ourselves, not any clients or employers.
October 21, 2011 | Categories: 2012 Election, America's Freedoms, Class Warfare, Congress, Constitutional Responsibilities, Corruption in Government, Economic Security, Elections Politics, Employer Uncertainty, Energy and Oil, Excessive Government Spending, Fuel Prices, Government Regulations, Jobs, Most Americans Reject Socialism, National Security, New Media News, The Economy, Unemployment | Tags: 9-9-9 Plan, Arne Duncan, Barack Obama, Ben Domenech, brad jackson, Coffee and Markets, Flat Tax, Francis Cianfrocca, rick perry, steve jobs, teacher unions, Underemployment, unemployment | Leave A Comment »