Free Markets, Free People

Daily Archives: July 8, 2013

The upside down country

Among all the distractions, scandals and foreign policy failures, we’ve sort of lost track on how the economy is going.  And that’s one small favor I assume the administration is happy about.

For instance the jobs picture.

Behind Wal-Mart, the second-largest employer in America is Kelly Services, a temporary work provider.

Friday’s disappointing jobs report showed that part-time jobs are at anall-time high, with 28 million Americans now working part-time. The report also showed another disturbing fact: There are now a record number of Americans with temporary jobs.

Approximately 2.7 million, in fact. And the trend has been growing.

And dependance:

The number of Americans receiving subsidized food assistance from the federal government has risen to 101 million, representing roughly a third of the U.S. population.

The U.S. Department of Agriculture estimates that a total of 101,000,000 people currently participate in at least one of the 15 food programs offered by the agency, at a cost of $114 billion in fiscal year 2012.

That means the number of Americans receiving food assistance has surpassed the number of private sector workers in the U.S.

Oh happy day.  We now have more people receiving food assistance than are working (other than regulations, what do government workers contribute to the economy?).  That’s obviously something that can’t continue, can it?  Reminds one of Social Security, which is approaching the same problem.  Not enough workers to support those drawing SS.

So who is going to pay for all this?  Those temp workers?

But not to worry, we have ObamaCare on the horizon which will mean “less costly” health care, right?  And there are stringent checks to ensure that  only those eligible for “government funded subsidies”, aka taxpayer funded, will get them:

The Washington Post reported on Saturday that the Obama Administration will get rid of verification requirements in ObamaCare to determine whether or not applicants are eligible for taxpayer-funded subsidies to purchase health insurance coverage from the state exchanges.

“The Obama administration announced Friday that it would significantly scale back the health law’s requirements that new insurance marketplaces verify consumers’ income and health insurance status,” wrote Sarah Kliff and Sandhya Somashekhar at the Washington Post. “Instead, the federal government will rely more heavily on consumers’ self-reported information until 2015, when it plans to have stronger verification systems in place.”

Wait, what?  2015 … maybe?  In the meantime, free-for-all, just apply and you’ll get it, because, you know, there’s no such thing as fraud (*cough* 60 billion in Medicare each year *cough*).  And besides, all those young folks who don’t want or need health insurance will be picking up the tab anyway.