Wednesday, June 12, 2013

Obama's numbers are rising: FOOD STAMPS UP 39%, DISABILITY UP 13%

An analysis by the former chairman of the president’s Council of Economic Advisers finds that given today’s sluggish job growth, it will take over a decade for employment to return to pre-recession levels. 
Edward P. Lazear, now a fellow at the Hoover Institution at Stanford University, says the nation’s moribund economic growth only partly explains the static employment rate; America’s new welfare culture is also a key driver. 
Under President Barack Obama, the number of people on disability has shot up 13%, and food stamp enrollments have skyrocketed 39%. Lazear cites research by University of Chicago professor Casey Mulligan that finds that individuals forgo job searches in order to hang out to taxpayer-funded welfare benefits.
Read the rest of the story HERE.

If you like what you see, please "Like" us on Facebook either here or here.
Please follow us on Twitter here.


No comments: