Obama et al destroy US economy as they did Illinois, Suburban poor living in distressed neighborhoods grew by 139 percent, Illinois worst US recovery and twice as many food stamp recipients as new jobs
Obama et al destroy US economy as they did Illinois, Suburban poor living in distressed neighborhoods grew by 139 percent, Illinois worst US recovery and twice as many food stamp recipients as new jobs
“Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief
“One of the CBO’s most intriguing estimates is that by 2017 there will be 2 million fewer full-time jobs on the market than there would have been without Obamacare, and that figure could climb to 2.5 million by 2024.”…Market Watch February 4, 2014
“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.
Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013
“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″
I warned you early that Obama et al would do to the US economy what they did to Illinois.
From Citizen Wells March 29, 2012.
What do Obama and John Glennon have in common aside from associations with Stuart Levine and other Chicago corruption figures?
Involvement with the IL TRS, Teachers Retirement System.
What else do they have in common?
They were both involved with the TRS in 2002 and 2003.
What is significant about these years?
2003: “Of the five funds, the one in the sorriest shape is the Illinois Teacher Retirement System, which provides the pensions for suburban and downstate teachers. Its ratio of assets to liabilities stood at a mere 52 percent last year, so poor that it was considered among the five worst-funded plans in the country.”
https://citizenwells.wordpress.com/tag/obama-doing-to-us-what-he-did-to-illinois/
From Citizen Wells October 26, 2009.
“What is the current attempt by Obama and liberal Democrats at health care reform all about?
- Appeasing their far left core support.
- More control over the American people to get votes.
- Payback to trial lawyers and other big supporters (refer to contribution table above).
- Achieving the goals of far left, socialist, communists who are controlling the party with the goal of redistribution of wealth..
Truth about Obama Health care Reform
WOULD YOU TRUST OBAMA, ET AL WITH YOUR AND YOUR FAMILY’S HEALTH CARE?
Please pass this story along to Glenn Beck, Sean Hannity, Rush Limbaugh and as many people as possible. The story of Alonzo Monk pleading guilty has been barely covered. The much larger story of Monk’s involvement in Illinois corruption, the impact on health care in IL and Monk’s ties to Obama is a much bigger story. And the really big story is that Obama is trying to force health care changes on this country just like Rod Blagojevich tried, for the enrichment of himself and his cronies.”
https://citizenwells.wordpress.com/2009/10/26/alonzo-monk-pleads-guilty-obama-health-care-reform-rod-blagojevich-heath-care-illinois-pay-to-play-chicago-politics-chicago-corruption-obama-cronies-monk-and-obama-ties/
Here are some more recent examples.
From Illinois Policy September 16, 2014.
“Illinois’ sluggish jobs recovery is coming at a tremendous cost. For every post-recession job created in Illinois, nearly two people have enrolled in the Supplemental Nutrition Assistance Program, commonly known as food stamps.
In the recession era, the number of Illinoisans dependent on food stamps has risen by 745,000. Without adequate job creation in the state, Illinois families have had no choice but to depend upon food stamps to put bread on the table.
The Prairie State has had the worst recovery from the Great Recession of any state in the U.S. There are nearly 300,000 fewer Illinoisans working today than in January 2008, and 170,000 fewer payroll jobs.”
Read more:
http://www.illinoispolicy.org/jobs-vs-food-stamps/
From the Brookings Institute July 31, 2014.
“This brief updates the 2011 report, The Re-Emergence of Concentrated Poverty, using the latest neighborhood-level poverty data from the American Community Survey for 2008 through 2012, to examine where and how poor populations have shifted at the neighborhood level. The 2008-2012 period captures the peak of the Great Recession and the sluggish recovery that followed, which as of 2012, had yet to translate to declines in the nation’s record-high poor population. These data reveal the extent to which concentrated disadvantage has grown since 2000 in the nation’s 100 largest metro areas, and how these trends have played out across city and suburban lines.3 In particular, the brief examines the changing incidence of both distressed neighborhoods, in which at least 40 percent of residents live below poverty, and high-poverty neighborhoods, where at least 20 percent of residents are poor.”
“As poverty increased and spread during the 2000s, the number of distressed neighborhoods in the United States—defined as census tracts with poverty rates of 40 percent or more—climbed by nearly three-quarters (Table 1). (Note that the analysis excludes both tracts with small populations and those where more than 50 percent of residents enrolled in college or graduate school.) The population living in such neighborhoods grew by similar margins (76 percent, or 5 million people) to reach 11.6 million by 2008-2012. Of those residents, 5.4 million were poor. By 2008-2012, the concentrated poverty rate—or share of poor residents living in distressed tracts—had reached 12.2 percent, up from 9.1 percent in 2000. This trend indicates that an increased share of poor individuals today face the “double burden” of not only their own poverty, but also the disadvantages of those around them.”
Read more:
http://www.brookings.edu/research/interactives/2014/concentrated-poverty#/M10420
Thanks to Citizen Wells commenters.
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