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Obamaconomy Sets New Record: More People Went On Disability Than Found Jobs

posted 9/5/2012 11:15:02 AM |
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  DiamondRain

The Food Stamp President and his failed economic policies have set yet another record: Obama is the first president ever to create more people on disability than in jobs during his administration.

How long you figure Obama's kind of economy is going to last before complete collapse?

Barack Obama put 3.1 million Americans on disability since June 2009. Obama only created 2.6 million jobs in the same period.

Investor’s Business Daily reported:

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.

The economy created just 80,000 jobs in June, the Bureau of Labor Statistics reported Friday. But that same month, 85,000 workers left the workforce entirely to enroll in the Social Security Disability Insurance program, according to the Social Security Administration.

The disability ranks have outpaced job growth throughout President Obama’s recovery. While the economy has created 2.6 million jobs since June 2009, fully 3.1 million workers signed up for disability benefits.

See the chart HERE:
The Definition of a Failed Presidency… Obama Put More People on Disability Than in Jobs

By the way.... things are getting EVEN WORSE as Obama doubles down on his failed economic policies and sends the economy over the cliff.

8,753,935: Workers on Disability Set Another Record in July; Exceed Population of 39 States

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Obamaconomy Sets New Record: More People Went On Disability Than Found Jobs
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Comments:
RevDocLove

Sep 5 @ 11:19AM  
Getting to be pretty slim pickings when you have to repeat a blog from a month ago
Sternfan69

Sep 5 @ 11:27AM  
all those people on disability are precious baby's who should never have been aborted but instead given precious life which they then used to be a burden on society,,

so,,you got what you wanted,,what's the complaint?

more babies! more people to fill jobs that are not even there for them! no abortion,,more and more people! not to mention the ones we create in labs that were never meant to be born!


but fine blame it on the guy in the white house,,not the guy in the house next to you with 5 kids and no job,,,

well,,if he has no job?? how can there be one for the other 5?

insane,,,,,just keep looking for the answer everywhere but where it is,,,awesome job
ManAlive47

Sep 5 @ 11:28AM  
By the way.... things are getting EVEN WORSE

Sure. Check auto sales, five year high.

Auto Sales Best August in Five Years

How were auto sales in 2008 ? Oh yeah, they were horrific. Ghastly even.
Gallows_Humor

Sep 5 @ 11:39AM  
another delete and repeat blog.... brought to us by Diamond rain....
DiamondRain

Sep 5 @ 12:18PM  
Are you so afraid of the message that you can't think of anything else to do but try to silence it?

Actually, if I was on your side of the issues, I would probably be too.
Loreli

Sep 5 @ 12:29PM  
People-
look this up.
there are charts which show a downhill plunge under bush and a comeback under obama


maybe slow, but..........
if bush had left office with our nation booming, and we were where we are, it would be different....
bluewind37

Sep 5 @ 12:36PM  
People-
look this up.
there are charts which show a downhill plunge under bush and a comeback under obama


maybe slow, but..........
if bush had left office with our nation booming, and we were where we are, it would be different....

Thank you Lor. I have seen the charts. I also have seen the changes, positive btw, in the area I live in. Doesn't mean there's been improvements elsewhere. Someone else may be seeing changes for the bad where they are. Perception. And some just do not want to see that there has been improvements. Like the auto industry having better sales this year than they've had in the last 5 years, home prices are starting to go up again in some areas, and it's actually nice to hear on the news once in a while about job growth rather than job loss. And I saw a report about the GDP growing instead of shrinking. All small, but hey...looks like things are starting to turn around. Too many have this idea that a magic wand can be waved and things will be "fixed". No. Doesn't work that way. Anyone with a brain would know that it's going to take a long time for things to turn around.

ragtopcookie

Sep 5 @ 12:39PM  
Anyone with a brain would know that it's going to take a long time for things to turn around.......Yup....anyone...... ....cookie
RevDocLove

Sep 5 @ 3:23PM  
Interesting note on the RNC...

Fewer Watched GOP Convention, But Most Remember Eastwood

Buck Banks | Sep 5, 2012

37%Of those polled say they watched all or some of the Republican convention, down from 56% in 2008, according to a new Pew Research survey that finds the public paid far less attention to this year’s Republican convention than it did four years ago; but 20% of those who watched cited Clint Eastwood’s speech as the convention highlight, while just 17% named Mitt Romney’s speech.

Meanwhile, a new Economist/YouGov Poll finds 93% of those who saw any part of the convention remembered Eastwood’s 12-minute address to an empty chair.

Interesting that Clint mumbling to an empty chair got a bigger percentage than Romney's speech.
Is that a portent that people will write in CHAIR when it comes to vote
onewolf

Sep 5 @ 4:52PM  
People-
look this up.
there are charts which show a downhill plunge under bush and a comeback under obama

TYVM sweet lady!!

I fell into this situation...as my Unenployment ran out during his term (Obama)...but started with the Other guy ....

It Happens!!! Blame wont fix a damn thing!!!!!
Show me...who is gonna be the One that Fixes all this BS....

Thats where my Vote will go!!!
But Unless one of these finger pointing Polly Tickers... pulls a rabbit out of a Hat.... I'm gonna write in Loreli
DiamondRain

Sep 5 @ 5:21PM  
there are charts which show a downhill plunge under bush and a comeback under obama

This is a good candidate for most moronic comment on the Net award.

"there are charts?" charts of what? References? No don't bother.

Yes there are charts showing a downhill plunge under Bush and a comeback under Obama. You know what charts? Charts OF THE UNEMPLOYMENT RATE.
RevDocLove

Sep 5 @ 5:33PM  
Spending chart
RevDocLove

Sep 5 @ 5:47PM  
Private Jobs Increase More With Democrats in White House
By Bob Drummond - May 8, 2012 12:00 AM ET

During an election-year clash over which U.S. political party has the best prescription for curing unemployment, Democrats can argue that almost two-thirds of private-sector job growth in the past five decades came with them in the White House.

The BGOV Barometer shows that since Democrat John F. Kennedy took office in January 1961, non-government payrolls in the U.S. swelled by almost 42 million jobs under Democrats, compared with 24 million for Republican presidents, according to Labor Department figures.


Democrats hold the edge though they occupied the Oval Office for 23 years since Kennedy’s inauguration, compared with 28 for the Republicans. Through April, Democratic presidents accounted for an average of 150,000 additional private-sector paychecks per month over that period, more than double the 71,000 average for Republicans.

The debate over jobs intensified last week, when the Labor Department reported that U.S. employers added a total of 115,000 private and government jobs in April, fewer than forecast and the smallest number in six months.

Private payrolls grew by 130,000 and, for the first time under President Barack Obama, surpassed the total in January 2009, when he took office. Total employment stayed below January 2009 because there are 607,000 fewer federal, state and local government employees, the Labor Department reported May 4.

April’s unemployment rate fell one percentage point to 8.1 percent as more workers left the labor force.
Romney Attacks

Republican presidential candidate Mitt Romney, campaigning on his business experience and the promise of low taxes and lighter government regulation, said the “terrible and very disappointing” jobs report was evidence that Obama’s economic policies aren’t working.

“This is way, way, way off from what should happen in a normal recovery,” Romney said in a Fox News Channel interview.

Obama focused his remarks on the improvement at non- government employers. “Our businesses have now created more than 4.2 million new jobs over the last 26 months -- more than 1 million jobs in the last six months alone,” Obama said at a May 4 event in Virginia.

Through April, private employers have added an average of about 900 jobs per month since Obama’s inauguration. During the two terms of his predecessor, Republican George W. Bush, private payrolls shrank by an average of 6,700 jobs per month.

On a monthly basis, Democrat Bill Clinton averaged 217,000 new private-sector jobs. Democrat Jimmy Carter had an average of 188,000, followed by Republican Ronald Reagan’s 153,000, according to Labor Department data.

http://www.bloomberg.com/news/2012-05-08/private-jobs-increase-more-with-democrats-in-white-house.html
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