Obamanomics: Calling All Distractions for Post-Labor Day Catastrophe

A couple days removed from Labor Day 2013, consider:

According to the Department of Labor, 13.4 million college graduates were working  for hourly pay in 2012. In 2007, that statistic was 11.3 million. This deterioration represents a 19% increase since the Democrats took control of Congress in 2007 and Obama acquired the White House in 2009. 

Clearly, the Democrat’s antiquated tax-and-spend, big-government agenda has failed miserably for young Americans as well as for the public at large. 

Last year 284,000 college graduates worked for minimum wage – and 37,000 of that group had advanced degrees. 

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60% of the jobs lost during the past recession were considered mid-wage. During the current “recovery” 58% of the new jobs are considered low-wage.

Needless to say, any objective evaluation of the Democrat’s performance since they gained control of Congress in 2007 – or since Obama became President in 2009  – must be considered unacceptable. In fact,  it must be considered a disgraceful failure.

Then there’s the matter of those who are not working at all and making out pretty well anyways …

The explosion in federal benefits is fueling government dependency. Welfare benefits packages today are worth more than $38,000 in Hawaii, Washington, DC, Massachusetts, Connecticut, New Jersey, Rhode Island, and New York — according to the Cato Institute.

In Hawaii welfare recipients benefits total $49,175. In Washington, DC $43,099. In Massachusetts $42,515. In Connecticut $38,761. In New Jersey $38,728. In Rhode Island $38,632. In New York $38,004.

Welfare fraud now totals over $800 million a year.

Food stamps have increased from $50.3 billion in fiscal ’09 to $74.6 billion in fiscal ’12 – according to the US Department of Agriculture. The number of annual participants in the food stamp program has increased from 33.4 million in fiscal ’09 to 47.6 million in fiscal ’13.

The cost of welfare programs in America has exploded from $5 billion in 1964 to $565 billion in 2013.

Paying people to be poor only produces more poverty. Paying people not to work only produces more non-workers.

Clearly the proliferation of government entitlements is destroying the American work-ethic – which has underpinned American exceptionalism and prosperity.

Perhaps the above are reasons Obama seems to be dragging out a decision on Syria.

Ask yourself: What would he gain from that?

It seems he is trying to use the gassing of Syrian citizens as a media distraction from his many failures – this under-employment crisis, the Egyptian crisis, the IRS scandal, the NSA scandal, the Benghazi massacre, the ObamaCare crisis, etc.

The longer Obama can keep the journalists and commentators discussing his Syrian options and decision-making process, the better for him and his Democrat colleagues, politically.

If you think Obama “never lets a crisis go to waste” you haven’t been paying attention. You name the situation and then examine his actions – to enhance his political advantage and that of the Democratic Party – advantages that accrue from his exploitation of the crisis.

Never have the American people been so skillfully manipulated by a president, the Democrats, and the liberal-leftist media then during the past five years.

And what a mess they have created for the American people.

Topics: Obamanomics, Job Creation, Employment, Welfare Benefits, Syria, Distractions

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William Pauwels
William A. Pauwels, Sr. was born in Jackson Michigan to a Belgian, immigrant, entrepreneurial family. Bill is a graduate of the University of Notre Dame and served in executive and/or leadership positions at Thomson Industries, Inc., Dow Corning, Loctite and Sherwin-Williams. He is currently CIO of Pauwels Private Investment Practice. He's been commenting on matters political/economic/philosophical since 1980.


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