Tags
Barack Obama, Economy, Employment, Food Stamps, Full-time Work, OBAMACARE, Part-time Work, Politics, Reality, Statistics
Even as President Barack Obama tells the American public they are so much better off…it appears that the trajectory on the chart above is going down.
THE FACTS:
- In June, the household survey reported that part-time jobs soared by 360,000 to 28,059,000 – an all time RECORD HIGH.
- Full time jobs? DOWN 240,000. And looking back at the entire year, so far in 2013, just 130K Full-Time Jobs have been added, offset by a whopping 557K Part-Time jobs.
- 23 million households receive food stamps.
- 47% of all working age adults don’t pay INCOME TAX.
- Study: Record Number 21 Million Young Adults Living With Parents..
- BLACK TEEN UNEMPLOYMENT RATE 40.8%..
Imagine how much better this chart could be if ObamaCare wasn’t encouraging employers to hire so many part-time workers.
DEBT versus GDP. Since 2007 real GDP has gone up $500 billion while total credit market debt has gone up by $6 trillion.
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