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Swelling Welfare Roles says a lot
TooBig
Member Posts: 28,559 ✭✭✭
Swelling Welfare Rolls Are a Sure Sign That Recovery Never Happened
By: Michael Medved
What does President Obama plan to do to slow or stop the explosive growth in the number of Americans who count on regular welfare checks from the federal government? Does he consider the expansion of dependent households a positive achievement for his administration or a threat to the long-term vigor of the economy? These distinctly uncomfortable questions pose a potent threat to an embattled administration already struggling to defend its record of economic management and to secure the president's reelection
By: Michael Medved
What does President Obama plan to do to slow or stop the explosive growth in the number of Americans who count on regular welfare checks from the federal government? Does he consider the expansion of dependent households a positive achievement for his administration or a threat to the long-term vigor of the economy? These distinctly uncomfortable questions pose a potent threat to an embattled administration already struggling to defend its record of economic management and to secure the president's reelection
Comments
He is incapable of understand the macro economic picture; a picture where Wall Street is now reacting to Ben Shalom Bernanke and Federal Reserve Policy rather than reacting to private market factors. The market is not driven by business, it is driven by Government.
In layman's terms, "we are screwed".
It truly is all smoke and mirrors, Fiat money, a house of cards, teetering in the winds of time, tic, tic, tic...........
The more people dependent on "the gummint" the more people likely to vote for "the incumbent".... you know the old adage "Don't bite the hand that feeds"
I used to think that, but anymore I disagree. The problem is really the lack of jobs. When an employer gets over 300 applications for a single opening, a lot of people that are qualified suddenly become unemployable due to health, age, etc.
I've had 2 heart attacks and I have that fibromyalgea crap. Not to mention that I'm getting old. I'm very good at my job, but if my company were to shut down, what chance would I have against a hundred or more young, lively, healthy bucks that would be happy with less money and can be brought up to speed?
There's no doubt in my mind that there are a lot of people on these govt programs that would much rather be earning a paycheck.