An Ol' Broad's Ramblings
Archive for 3 November 2011
- Worst hit states are Mississippi, Tennessee, Oregon, New Mexico and Louisiana
- One in 15 people now living in poverty
- But unemployment benefit claims down for third week in a row
Shocking figures revealed today that one in 15 people in America is now living in poverty.
The number – a record high – is spread widely across metropolitan areas as the country’s economic troubles continue to bite.
And almost 15 per cent of the population are also now on food stamps, it emerged yesterday.
The ranks of the poor applying for food stamps increased by a worrying 8.1 per cent over the past year to make a total of 45.8 million.
The increase in poverty is believed to have been caused due to the housing bust pushing many inner-city poor into suburbs and other outlying places and shriveled jobs and income.
‘There now really is no unaffected group, except maybe the very top income earners,’ said Robert Moffitt, a professor of economics at Johns Hopkins University.
‘Recessions are supposed to be temporary, and when it’s over, everything returns to where it was before. But the worry now is that the downturn — which will end eventually — will have long-lasting effects on families who lose jobs, become worse off and can’t recover.’
What was once the wealthiest country in the world, has been on a downward spiral to a third world country for quite a while. Hand outs don’t help the poor, and we’ve had a couple of generations who are of the mindset that they don’t need to get an education, don’t have to grown up, don’t need to learn a skill, because the government is gonna take care of them. The problem with this? The government doesn’t have any money! When the Democrats took over both houses of Congress in 2006, things really started going down hill. They not only refused to heed the warning that trouble was coming from the housing industries, and flat out LIED, about Fannie Mae and Freddie Mac.
When 52% of the American people foolishly voted to install a Marxist into the highest office in the land, I’m fairly sure most of them didn’t realize that by their actions, they were condemning millions to lose their jobs, and forced to go to the government for aid. All the government programs will not put people back to work, and off the food stamp rolls! What WILL work, they refuse to even consider, and that’s……GET THE HELL OUT OF THE WAY and let Americans do what they do best!
H/T: Steve Gill
Well, I think a large majority of us do, but evidently, there are some who don’t.
More details at The Blaze.
So, who is this Republican who voted ‘nay’, Justin Amash? Well, evidently, he had an issue with displaying the motto in public places?
Debunking Obama’s Latest Jobs Myth
Imagine a high-speed train zooming down hundreds of miles of glistening train track stretching across sunny California, connecting Anaheim to San Francisco. It’s a bullet train dream, and it’s a prime example of President Barack Obama’s latest plan to create jobs in America. The trouble is that this dream is far from reality.
The Los Angeles Times reported this week that the California high-speed train–which is funded in part by $3 billion in federal grants from President Obama’s stimulus–is now expected to cost $98 billion, twice what was expected, and will take an additional 13 years to complete, extending the project to 2033. Questions remain about where the funding will come from, whether the project is viable, and whether the projected ridership will even materialize.
But projects like these are central to President Obama’s plan to put Americans back to work. Speaking yesterday from Georgetown Waterfront Park in Washington, D.C., Obama declared that his plan will “put hundreds of thousands of construction workers back on the job rebuilding our roads, our airports, our bridges and our transit systems.” And that is, of course, all at the expense of the American taxpayers.