No. of Recommendations: 7
Yes, they do. So in an effort to prove that Barack Owebama is incompetent, I shall post credible links to prove a litany of claims that our two-term president is a disaster.

First, disability.

Is Disability the New Unemployment Insurance?

The Social Security Administration’s website cites two criteria for disability eligibility:

• You must be unable to do any substantial work because of your medical condition(s); and

• Your medical condition(s) must have lasted, or be expected to last at least 1 year, or be expected to result in your death.

Quizzically, from 1980 to 2002 there was no change in the percentage of the workforce claiming disability, yet the “disability participation rate” has embarked on a 4.5 percent ascent each year for the last decade. There is now 1 person collecting disability for every 12 in the workforce. [...]

The Bureau of Labor Statistics reports that today [Q3 2012] only 14% of working Americans are in goods producing jobs, down from more than 25% in 1973. Yet, somehow, claims for disability benefits have headed in the opposite direction. [...]

[A]lmost as many people collect disability (10.8 million) as there are working in the entirety of manufacturing (12 million). It is plain to see that permanently stagnant labor markets are making Social Security disability the new unemployment benefit.”

More FACTS at

If Owebama had not claimed he would (a) cut the deficit in half by the end of his first term and (b) otherwise "transform" this country, I wouldn't have a problem with him, but he campaigned on "hope and change," except the change hasn't been the kind of change this country needs or wants.

Next up: real unemployment

(Oh, and by the way, when a person goes on disability, they're excluded from the unemployment numbers.)
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.