Food Stamps: Biggest Growth Industry Under Obama

Filed in Gather Politics News Channel by on November 2, 2012 0 Comments

What is the biggest growth sector under Obama in the last four years? Food stamps. They have grown 76 times more than jobs under Obama, according to Senate Budget Committee ranking member Jeff Sessions calculations. After studying official government data from the BLS, USDA, and FNS, Sessions found that, since Obama took office in January 2009, only 194,000 jobs have been created while 14.7 million people have started getting subsidized food. “Thus 76 people went on food stamps for every one that found a job,” said Senator Sessions. The U.S. went from 32 million on food subsidies when Obama took office to almost 47 million today.

Food is just part of the welfare problem in the country: if you add up all the welfare benefits including housing and everything else, the total expenditure comes at $1 trillion per year. That means $60,000 is spent on each welfare recipient in America each year. And there is no end in sight to this problem. The number of households receiving welfare are not going down, despite hopes that these programs will elevate the recipients financially. The U.S. government now spends more on welfare each year than it does on anything else—even more than national defense or social security. Without jobs, the government will have to spend more and more money on welfare each year, as it has been doing.

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The problem is lack of growth in the economy. “Post-recession economic growth in 2010 was 2.4%, and dropped in 2011 to 1.8%. This year it has dropped again to 1.77%. Few, if any, net jobs will be created with growth of less than 2%,” Sessions observed. The 194,000 jobs created in the last four years amount to virtually nothing when the working population in America has increased by 5 million during the same time. The Weekly Standard showed just how bad these job growth numbers really are: “In October of 1984, 286,000 jobs were created—67 percent more—at a time when the U.S. working age population was 26 percent smaller than it is today.” The Obama administration’s solution to zero job growth is has been to simply pay off the American people with free food for nearly one in seven Americans. This is not a successful long-term strategy for the country; perhaps not for Obama’s presidency either.

Image Source: Harris & Ewing, Inc.

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