Obama’s Dismal Economic Record: Two Welfare Cases Per Job
July 24, 2013 by Special To Personal Liberty
On Wednesday, President Barack Obama delivered a speech in Galesburg, Ill., decrying political conflicts that aren’t focused on improving the economy, heralding his Administration’s economic efforts and promising to do more work on the economy.
Obama said that over the past 40 months, American businesses have created 7.2 million new jobs.
But, as pointed out by CNS News, the President left out a few key numbers in his economy speech.
CNS’s Gregory Gwyn-Williams writes:
Since February of 2009, the first full month of Obama’s presidency, 9.5 million Americans have dropped out of the labor force. Nearly 90 million Americans are not working today!
That means that 1.3 Americans have dropped out of the labor force for every one job the administration claims to have created.
There are 15 million more Americans on food stamps today than when Obama assumed office.
At the end of January 2009, 32,204,859 Americans received aid from the Supplemental Nutrition Assistance Program. As of April 2013, there were 47,548,694 Americans on food stamps.
That means that more than two Americans have been added to the food stamp rolls for every one job the administration says it has created.
Under Obama, 1.6 million more Americans are collecting disability insurance. In February 2009, 9,334,369 Americans received disability payments. Today, that number is 10,953,733.
It seems, as usual, it’s what the President doesn’t say that is truly revealing.