Truth Has No Agenda (GB)

Posts tagged “Underemployment

Recovery? Half of American Households Living on Government Benefits

[Townhall.com]

Kate Hicks

Kate HicksWeb 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.

(more…)


An Unprecedented 26 Million Americans are Underemployed

The New Ledger

[BigGovernment.com]

Posted Oct 21st 2011 at 9:17 am

by The New Ledger

Download Podcast | iTunes | Podcast Feed

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.

We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.

Related Links:

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?

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The hosts and guests of Coffee and Markets speak only for ourselves, not any clients or employers.

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