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Food Stamps Grows 75 Times Faster Than Job Creation

The Washington Post's Brad Plumer writes in Workblog, "The very last jobs report before the election is out — and the numbers are fairly positive. The U.S. economy added 171,000 payroll jobs in October, according to the Bureau of Labor Statistics."

But, as the American Thinker's Rick Moran wrote on Friday:

"The last jobs report before the election contains some good news for the president and some bad news. (emphasis added)

While the "official" unemployment rate rose from 7.8% to 7.9%, the economy added a middling 171,000 jobs."

With that context in mind, Sen. Jeff Sessions (R-Alabama), Ranking Member of the Senate Budget Committee, said in a press release on Friday "that for every one person added to the jobs rolls since the President took office, 75 people were added to the food stamp rolls." The explanation in the press release:

“Simply put, the President’s policies have not produced jobs. During his time in office, 14.7 million people were added to the food stamp rolls. Over that same time, only 194,000 jobs were created—thus 75 people went on food stamps for every one that found a job.

"This is a product of low growth. 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%.”

"NOTE: While only 194,000 net jobs have been created since 2009, the working age population has increased by approximately 5 million—almost 25 times that amount. In other words, a shrinking share of working age adults have or are even looking for a job. The real unemployment number (U-6), therefore, is 14.6 percent. To put this month’s job creation in historical perspective, 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 U.S. also remains 4.23 million jobs below the (December 2007) pre-recession employment level of 137.98 million people."

To see "the disparity between employment and food stamp growth" in chart form, the chart below is from the Budget Committee:

Something else to consider as you go to the polls on Tuesday?


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