I sometimes get a bit pessimistic about America’s future, especially when I see numbers showing record levels of dependency.
But sometimes looking at big-picture data doesn’t quite capture what’s really happening.
If you want a glaring sign of American decline, here’s part of a grim story from NBC in New York.
Economic woes have forced at least one city agency into a hiring spree — adding more workers to process the demand for food stamps and other assistance. The Human Resources Administration added more than 100 workers last July and plans to hire another 100 to serve the burgeoning number of New Yorkers applying for food stamps and rent assistance at their offices… About 1.8 million New Yorkers are now on food stamps, which marks nearly a 65 percent increase from four years ago, according to city records.
If this seems familiar, that’s probably because you know about game called Greece-o-rama. The rules are simple. The politicians buy votes by expanding the number of people who live off the government. In some cases, they’re bureaucrats administering programs. In some cases, they’re the folks getting handouts.
But they’re both part of the same crowd if you divide society into those riding in the wagon and those pulling the wagon – as this cartoon aptly demonstrates.
Speaking of cartoons, here’s
one that mocks Obama by linking the poor jobs situation with his decision to block the Keystone pipeline.
Last but not least, this is a good opportunity to share the video from last year showing how the so-called War on Poverty has created a dependency trap. The chart at 3:15 is a stunningly powerful powerful piece of evidence.
This system is good for bureaucrats (Walter Williams calls them Poverty Pimps) and good for politicians, but it’s been bad news for poor people.
Here is why things are bad today GREAT RECESSION
Clinton to Bush to Obama
Who Dug the Deep Hole? Who Fumbled the ball?
Numbers rounded
Clinton left Bush an 1800B Budget
Bush Left Obama a 3500 Budget
Clinton left Bush a 240B Surplus as far as the eye can see
Bush left Obama a 1400B Deficit as far as the eye can see
Clinton left Bush 5,700B of Debt
Bush left Obama 11,800B of Debt
Clinton left Bush a 237,000 net new jobs created per month
Bush left Obama a 31,000 lowest number since Hoover.
Clinton left Bush 17 Million Manufacturing Jobs
Bush left Obama 11 Million Manufacturing Jobs
Clinton left Bush a 10,800 Dow
Bush left Obama an 8028 Dow
Clinton left Bush Peace on Earth Good Will From Most Men
Bush left Obama Hell on Earth Two disastrous wars. Enmity of 1500 Million Muslims
Clinton left Bush a President most highly rated of any peacetime President in Asia, Africa, Europe.
Bush left Obama the most hated President in history
Bush left Obama an Housing Tsunami and Financial Volcano
Bush left Obama, in 2008, an 8500B Bail out commitment Yes! 8500 not just 700
Bush left Obama his Takeover of Fannie/Freddie, AIG, and first bailout of Chrysler
Bush increased maximum loan by Fannie/Freddie from $300,000 to $729,000
Bush increased FDIC maximum deposit coverage from $100,000 to $250,000
clarence swinney–political historian–lifeaholics of america burlington nc
author-Lifeaholic–Life story of Workaholic failure to Lifeaholic success
Best seller list in haw river nc population 200 and growing
comments welcome facts -numbers not opinion
I have nothing to add to the conversation at this point, but I wanted to note you’ve been very productive of late. Keep up the good work.
I noticed your troll learned to take off cap lock, at least some of the time.
Yes, wealth is being redistributed. Just not in the direction you think it is:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3220
And maybe this graph will make you feel a little more optimistic about our future!
http://www.bullfax.com/?q=node-theres-one-thing-we-can-always-count-long-run-2-growth-
I think if you could update the chart at 1:20 in the above video, you’d find that the category “earnings fall” would be much larger now as a reason for people needing assistance. Why is that? Government policies that are hostile to business. I’m sure all the employees we’ve had to lay off would agree.
Income inequality;
1. Federal Reserve and inflation.
2. Governemnt spending/transfer payments.
3. No immigration policy.
Yes, Clinton was President when a fully Republican congress forced him, after several vetoes, to make those changes. And libs were hopping mad then, but want to take the credit for the results now. How ironic.