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47% of 7 percent is what we're talking about or slightly less than 3.5%.
That's not a lot of people.
Oh come off it. That's a massively huge number of people and you know it.
The intellectual dishonesty of liberals attempting to defend Democrats is amazing. You know, you'd come off a lot better if you just admitted when liberals have failed now and then instead of constantly trying to minimize problems and shift blame. It's like the shepherd who cried wolf. When it comes time when liberals are truly being bashed undeservedly then nobody is going to believe your defense after you do absurdly ridiculous things like this. 47% of the unemployed saying that they feel hopeless and your response is hey that's no big deal? Ludicrous.
Some of the more interesting bits…the number on SSDI is up 30% in the recession, in the past 30 years the average age of those on SSDI has declined, those with claimed (and difficult to prove) mental disorders has doubled, those with a HS degree or less have been over-represented among new recipients.
"Economists point to a change in eligibility requirements to the rapid rise. This change allows for an applicant’s reported pain or discomfort, even in the absence of a clear medical diagnosis. In addition, workers could qualify if they had multiple conditions that affected their ability to work, even if none of the conditions was disabling on its own.”
From your link. Says it is up 15% from 2009. Doesn't make clear if it is just SSDI or all disability though. The paper seems to be about SSDI, but is vague in areas. (paper says Q3 2012) Where did the 30% figure come from?
quote:
Last year, SSDI received 2.9 million applications, which is nearly double the figure from a decade earlier.
...
Through August of this year, more than 653,000 workers were awarded disability benefits
I have seen some figures up to 2011 showing on application only about 36% get approved. Across the board, (app, reconsideration, hearings) I have seen as high as a bit over 50%.
47% of 7 percent is what we're talking about or slightly less than 3.5%.
That's not a lot of people. Also most of them are over the age of 50 while a significant number are married women with small children who's spouse works.
If they've given up looking altogether, they're not included in the U3 rate (if that's what you're alluding to; it is slightly under 7%).
47% of 7 percent is what we're talking about or slightly less than 3.5%.
That's not a lot of people. Also most of them are over the age of 50 while a significant number are married women with small children who's spouse works.
Reality is irrelevant to conservatives, but if we have a jobs crisis, oh what's the conservative solution cut taxes for rich people.
When GWBush came into the White House with a lower unemployment rate and a surplus, what was his solution cut taxes for rich people and businesses.
It is funny that elected conservatives had their own economic stimulus plans when the recession was in full swing in late 2008, now conservatives have seemingly given up on the idea all together of a jobs or stimulus program.
Good point Imamme73!
Looking back now, I'm not sure how we survived Bush's 5% unemployment and 67% workforce participation rate.
Good thing Obama came along and fixed all that.
FTR, stimulus programs are for the low information types who believe governments create jobs.
If someone is suggesting a stimulus program, they are by definition not a conservative.
47% of 7 percent is what we're talking about or slightly less than 3.5%.
That's not a lot of people. Also most of them are over the age of 50 while a significant number are married women with small children who's spouse works.
It sounds to me like you are just searching for a way to dismiss this information as inconsequential. The point is that those "not a lot of people," who are losing faith in their ability to find a job, add up over time, until our labor force participation rate drops to a forty year low.
Labor Force Statistics from the Current Population Survey
You can go on pretending that the economy under 0bama has not taken a sharp turn for the worse, but the facts say otherwise. We can argue as to why, but the facts remain, and democrats ignoring them, dismissing them, or offering excuses for them, has only allowed 0bama to continue in making things worse.
From your link. Says it is up 15% from 2009. Doesn't make clear if it is just SSDI or all disability though. The paper seems to be about SSDI, but is vague in areas. (paper says Q3 2012) Where did the 30% figure come from?
quote:
Last year, SSDI received 2.9 million applications, which is nearly double the figure from a decade earlier.
...
Through August of this year, more than 653,000 workers were awarded disability benefits
I have seen some figures up to 2011 showing on application only about 36% get approved. Across the board, (app, reconsideration, hearings) I have seen as high as a bit over 50%.
A lot of people are going on SSDI, and in some months it's more people then found work that month.
Underscoring the extent of the recent slowdown in the economy, the startling numbers show that between April and June, a total of 246,000 people enrolled in the Social Security Disability Insurance program. In the same period, just 225,000 found jobs.
Sen. Jeff Sessions, R-Ala., ranking Republican on the budget panel, said the figures raise concern about the health of the economy as well as the disability insurance program itself. He said that since 2008, a total of 3.6 million Americans have gone on disability (13 million added to Food Stamps) -- while 1.3 million lost jobs.
If the measure of success for 0bama was the number of new enrollments in Food Stamps and SSDI each month, then 0bama would be a positive force for our economy, instead of an historically negative one.
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The Unemployed - 47% 'Completely Given Up' Looking for a Job
