Posted on 02/24/2012 11:27:24 AM PST by landsbaum
The jobs situation nationally is slowly improving, but is the pace fast enough to reward President Barack Obama with reelection?
The administration says January saw a net gain of 243,000 jobs, and 351,000 newly laid-off workers sought unemployment benefits last week, the fewest since March 2008. These encouraging signs come as the number of people receiving unemployment benefits fell to 7.5 million in the week ending Feb. 4, the latest numbers available, down from 7.7 million the week before.
But there's a flip side . . .
(Excerpt) Read more at ocregister.com ...
“but is the pace fast enough to reward President Barack Obama with reelection?”...
No and hell no!
FTA:
“That means 36.3 percent of working-age Americans don’t have jobs, and are not looking. These include many people “sitting on the sidelines, not looking for work because they believe no jobs are available,” writes Mike Brownfield at the Heritage Foundation.”
While some that statement may be true, they never tell you how many are not looking because the aggregate of the myriad Welfare Benefits are too good to pass up and go to work. For example, food stamps, government housing, Income Tax Credits, food pantries, Cash grants for shelter, energy grants, Medicaid, additional money to assist with other expenses, child support, government payments to hire family members to assist in child care, etc.
These should be added to the UNEMPLOYED and this segment is growing, but rarely itemizes, by the MSMerde.
Thanks.
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