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#21601 (permalink) | ||
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aņejo
![]() Join Date: Aug 2001
Location: Delaware
Posts: 10,417
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President Obama’s phony accounting on the auto industry bailout - The Washington Post Quote:
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#21602 (permalink) |
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aņejo
Join Date: Nov 2009
Location: Arkansas
Posts: 7,558
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Obama is Scamming the Disabled - John Ransom - Townhall Finance Conservative Columnists and Financial Commentary - Page 1
In the last year, the civilian population rose by 3,638,000. Yet the labor force only rose by 945,000. Those not in the labor force rose by 2,693,000. In the last month, actual employment fell by 169,000, but the unemployment rate dropped by .1%. That is an amazing "achievement" to say the least. How did Obama do this magic trick of moving unemployment from a high of 10 percent to 8.1 percent without adding, you know, jobs? Well according to Shedlock, economists at JPMorgan Chase & Co. and Morgan Stanley say that those on Social Security Disability (SSDI) checks have risen by about 2.2 million. People who qualify for SSDI are automatically excluded from the workforce, meaning that you can actually have an economy losing jobs while technically the unemployment rate will go down as more people received disability benefits and are subtracted from the workforce. Social Security Disability is a picture perfect program scam for the Obama administration. It allows Obama to say that unemployment is going down, while adding to the rolls of people who are dependent on some sort of Democrat-Party enabled government assistance. I’m not ruling out incompetence completely, but when the administration has a vested interest in allowing fraud to happen by turning a blind eye, they act like caravan stuck in a sand storm, especially if it adds more potential voters to the dole. And what’s worse, the damage done to the economy by this type of fraud - and to the legitimately disabled who need the benefits- will take generation to fix. Because, while joblessness can be reversed with some sensible economic policies, adding to the disability rolls creates permanent damage to the economy from which the country will not recover in generations. Writes Bloomberg.com: Based on current trends, 7 percent of the nonelderly adult population could be receiving disability benefits by 2018, Richard Burkhauser and Mary Daly wrote in the spring issue of the Journal of Policy Analysis and Management. That’s two years after the SSDI program will run through its trust fund, according to an April report by the Social Security trustees. So the Obama administration is using a program that is already insolvent for a kind of off-the-books loan. And economists say that 99 percent of people who get disability payments remain on the dole for the rest of their life. Or until the country is broke. See Greece. Even worse, the Bloomberg article makes it clear that disability is serving as a backstop to unemployment insurance. That is, when unemployment insurance runs out, the unemployed are using disability insurance by claiming “’difficult-to- verify disorders,’” including muscle pain and mental illness.” Last week our own Charles Payne wrote about this phenomenon, calling disability fraud, which he named “crazy checks,” “the biggest scam since the welfare queens of the 1980s.” Writes Payne: It’s an epidemic nobody talks about because it could bleed into the sensitivity associated with legitimate recipients of social security disability insurance payments. The program provides money to people too young to get social security and unable to work. Last year Dan Mitchell wrote about a Washington Times expose that uncovered a 30 year old man and his roommate who were collecting disability payments under a disability known as adult baby syndrome. The male subject “has been living at least a partial adult baby lifestyle since his teenage years, though he does wear adult clothes when he goes out, fearing embarrassment otherwise,” writes the Times. Thank God for embarrassment. Of course embarrassment didn’t stop the guy from doing a reality TV episode where he sported his diapers for viewers. Nor did embarrassment stop him from threatening suicide when the government started making inquiries into the legitimacy of his “disability.” We have six months people to turn this around. We went from a government that was broken and venial to a government that is broke, broken and more venial still. I’d hate to see what another four years could bring. Prior to these revelations, I had thought that the country’s workforce was shrinking because persistent joblessness was causing people to stop looking for work. In other words, I though it was just another example of Obama’s economic incompetence. Last edited by D33RHUNT3R; 05-12-2012 at 10:15 AM.. |
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#21605 (permalink) | |
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aņejo
![]() Join Date: Feb 2003
Location: Oregon
Posts: 59,688
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#21608 (permalink) |
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Niiiice!!
Join Date: Jul 2004
Location: In the cukoos nest....
Posts: 6,217
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Read the headlines about Obama supporting gay marriage today- I love it. For one because I am pro gay marriage- but also because I have no doubt the campaigns will now have a totally different drive to them.
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#21611 (permalink) | |
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aņejo
Join Date: Aug 2011
Posts: 2,407
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It doesn't fit the liberal form of logic. My bad. Which is we can dish it out but we can't take it
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#21612 (permalink) | |
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aņejo
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Yeah. Same thing.
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#21613 (permalink) | |
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aņejo
Join Date: Aug 2011
Posts: 2,407
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I guess you could call your rescue of Roni FORUM WELFARE? I imagine people on the right see my point clearly Maybe we should stick to whats really important to Americans ...Jobs And the Economy. I can understand why supporters of Obama would want to discuss Romneys teenage years instead when you take his performance with respect to the economy and jobs into consideration. Actually not so funny.
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#21614 (permalink) | |
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aņejo
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But I gotta hand it to you, RH. Your post quoted above includes at least 3 different deflections in response to my post ("liberals all stick together/ forum welfare," "the righties will stick together here," [<---love the inherent hypocrisy with these two] and "it's the economy"). Next time I'd suggest adding "LOOK! It's Elvis!" just for some additional flair. |
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#21615 (permalink) | |
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aņejo
Join Date: Dec 2008
Location: St. Louis Park,Mn.
Posts: 3,618
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Quote:
I guess I should have explained it in my original post, but I thought RH would have understood what I was saying. |
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