It doesn't piss me off at all. It makes me laugh my ass off at your ignorance. You're the one making yourself look bad being ignorant.( . )( . ) said:btw while I'm here and just to piss you off:
( . )( . ) said:Wow...just wow.
100% - 62.80 = 37.2% eh Anaconda?Francisco d'Anconia said:Wow, just wow.
In a leaked memo to clients, David John Marotta calculates the actual unemployment rate of Americans out of work at an astronomic 37.2 percent, as opposed to the 6.7 percent claimed by the Federal Reserve.
“The unemployment rate only describes people who are currently working or looking for work,” he said.
“Unemployment in its truest definition, meaning the portion of people who do not have any job, is 37.2 percent. This number obviously includes some people who are not or never plan to seek employment. But it does describe how many people are not able to, do not want to or cannot find a way to work,” he and colleague Megan Russell reveal in their client report, which was leaked to the Washington Examiner.
Taken from "Exposing The Right Wing Lie On Obama's Economic Record"
By M. Embers
The unemployment rate for April 2015, was at 5.4 percent, and has been falling steadily under six percent since September 2014. But the right wingers, disregard that number from The U.S. Bureau of Labor Statistics, and with their absurd math, they shoot for an astronomical unemployment rate of 37.2%.
http://www.tradingeconomics.com/united-states/labor-force-participation-rate
Again, right wingers will hit the airwaves and go on the net ranting about a 37.3% unemployment rate under Obama. The gullible sheep listening will sit like zombies eating it up without knowing how they arrived at those absurd statistics. But it must be true, since every right wing talker and hack is repeating that right? Wrong, it is a made up fictional statistic only to discredit the President, and sadly the suckers fall for it every time.
So, how does the right come up with their now fake 37.2% unemployment rate? Easy, they take the number 100 and subtract it from the current 62.80% Labor Participation Rate, thus arriving at 37.2%.
Anybody with common sense knows that there will never be a 100% Labor Participation Rate in the United States due to a large bulk of the population that are unable to work. That includes children, the mentally disabled, retirees, people with health conditions, and the normal unemployment rate. But the right doesn't care about that, they only want to put out misinformation and get as many people as possible to believe their "Big Lie".
If we were to believe the right wing lie about unemployment being 37.3% under Obama, then the unemployment rate still would have been 36.9% for 65 years dating back to Harry S. Truman with their absurd calculations.
Furthermore, looking at the false 37.3% unemployment rate the right hangs on Obama comparing it with the false 36.9% average, that would mean unemployment only had a up tick of 0.4% even with the bulk of the population retiring today. Which means that even with the right's phony calculations, Obama is doing one hell of a great job.
( . )( . ) said:Welfare recipients now at an all time high.
usgovernmentspending.com.
in 2000 when George W Bush took office welfare spending was $178 billion
in 2009 when George W Bush left office welfare spending was $415 billion
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in 2009 when Obama took office welfare spending was $415 billion
in 2012 under Obama welfare spending is $456 billion
Bush increased it by $236 billion
Obama increased it by $41 billion
Even the right wing Heritage Foundation is pleased with the results. Can't be that bad since welfare is cut in half since the reform thanks to President Bill Clinton and right wingers all agree it is good.Welfare spending cut in half since reform
http://money.cnn.com/2012/08/09/news/economy/welfare-reform/
NEW YORK (CNNMoney)
Today's welfare program is nothing like what it used to be.
In the 16 years since President Clinton and Congress overhauled the nation's welfare system, the number of people receiving cash assistance has fallen by two-thirds. And public spending on the program has dropped by more than half.
Conservative lawmakers and policy analysts have celebrated the reform, saying it has helped put people on the road to self-sufficiency rather than government dependence.
But advocates for low-income people contend that Temporary Assistance for Needy Families (TANF), which is what welfare turned into in 1996, does not adequately support the poor, particularly in tough economic times.
The cash assistance portion of TANF has fallen to $9.6 billion in 2011, down from $20.4 billion in what were mostly cash benefits in 1996, according to an analysis by CLASP, a low-income advocacy group. The average number of people receiving payments per month is 4.6 million, down from 12.6 million.
"Very few poor families are served," said Liz Schott, a senior fellow at the Center on Budget and Policy Priorities. "It's really not a very broad program right now."
The hot button topic of welfare reform returned to the spotlight this week as Mitt Romney unveiled a presidential campaign ad accusing President Obama of dismantling the work requirement that was central to the overhaul.
Related: Getting off government assistance
But the program at the heart of the current storm is only a shadow of the former welfare system. Previously, most of the government dollars in the welfare program, which was then known as Aid to Families with Dependent Children, was distributed as cash. Now, only about one-third is.
The rest of the TANF funds are used for a variety of purposes, including child care, work subsidies, transportation, mental health services and family initiatives.
The federal funding portion, which is distributed to states as a block grant so it does not increase even if more people become eligible, has been set at about $16 billion since TANF was created. States also kick in money, bringing the total to about $33.3 billion in 2011.
Also, each state sets its own eligibility rules, with some southern states restricting it to people earning around 20% to 30% of the poverty level. The maximum time recipients can receive benefits is five years under federal rules.
Some states also establish additional criteria, such as requiring TANF applicants to search for jobs for a month before applying.
As a result, TANF assisted 28 families for every 100 in poverty in 2009, according to the Center on Budget and Policy Priorities. That ratio was 75 families for every 100 under welfare in 1995.
"It's really hard to get on," said Elizabeth Lower-Basch, senior policy analyst at CLASP. "You have to jump through lots of hoops."
TANF is also dwarfed by the granddaddies of the federal safety net programs, Medicaid and food stamps, which have 52.6 million and 46.5 million participants, respectively.
To be sure, TANF isn't the only government aid that low-income Americans receive. There are 69 federal programs that provide help in areas ranging from housing to social services to education to poor Americans, according to the Heritage Foundation. The federal government will spend about $695 billion on this assistance in fiscal 2011.
But TANF is one of the few income-based safety net programs that requires participants hold down jobs or train to join the workforce.
"Welfare reform turned "welfare" into "workfare," said Robert Rector, a senior research fellow at Heritage.
http://money.cnn.com/2012/08/09/news/economy/welfare-reform/