SGM Metals LLC: Social Security Disability Enrollment Exceeds Job Creation Since 2008!

July 30, 2012 - PRLog -- Infowars.com reports: [ Between April and June, according to statistics released by the Senate Budget Committee, more Americans went on Social Security disability than found jobs. Senator Jeff Sessions, the ranking Republican on the budget panel, said that since 2008 and the onset of the latest economic recession 3.6 million Americans have gone on disability and 1.3 million have lost jobs.

According to figures released by the committee, a total of 246,000 people enrolled in the Social Security Disability Insurance program while during the same period a mere 225,000 found jobs.

“Amazingly, while fewer Americans are working than at the end of 2008, 3.6 million Americans have been awarded SSDI benefits over the same period. The growing number of people on disability and other federal benefits, combined with weak economic growth, raises serious concerns about the sustainability of the American economy,” said the Alabama senator.

“It is clear there is a great need to distinguish between proper and improper disability claims, and to better incentivize and find acceptable work for those who are able. Today only 1 percent of Social Security disability recipients ever return to work. The administration of this program must be improved to avoid sinking our country deeper into debt, to ensure the program remains viable for those with disabilities, and to protect Social Security itself.”

However, according to John Williams’ “Shadow Government Statistics” website, the real unemployment rate is closer to 22 percent. Williams’ methodology for determining the real unemployment rate includes “long-term discouraged workers” who are removed from the category of those considered “unemployed,” a bookkeeping trick instituted by the Clinton administration in 1994 to make unemployment appear lower than it actually is.

During a recent campaign stop, Obama criticized small business despite the fact they are the engine of job creation in the United States. According to data released by Automatic Data Processing, Inc., of the 216,000 new jobs created in February of this year, 108,000 or more than half were created by businesses with 49 or fewer employees. The 88,000 new jobs created by companies with 50-499 employees brings the total of new jobs from small businesses for February to 90 percent, The Daily Times notes.]

We see stories about the federal government doing outreach programs to target Spanish speaking immigrants to use food stamps (there is controversy as to whether they are targeting illegals in a bid to buy votes) which would only increase the number of people who are dependent upon govt. for their living expenses at a point where already 1/2 the country falls into this category. This on top of the fact that more Americans are successfully going onto unemployment, food stamps and Social Security benefits programs than are actually finding work only creates a disaster type scenario that doesn’t bode well for an already cash strapped nation. Why on earth would a govt. who is over $15 TRILLION in debt voluntarily choose to go further into debt by all but begging people to take govt. handouts that they have to borrow roughly 1/2 of every dollar they give out in govt. welfare? It seems like fiscal suicide but for some reason it is the agenda that is currently afoot and we are all told daily it is the compassionate thing to do and we should feel good about taking care of those less fortunate.

I can’t help but see it for what it is, a scenario where those in charge realize they have severely threatened the viability of the USD as the world reserve currency. This was accomplished through decades of self benefiting abuse and now that we are entering a new phase of economic evolution which could end up moving beyond the dollar, it seems they want to get as many people on govt. welfare with them as possible so that everyone can be blamed for a crisis that was decades in the making.

It seems eerily similar to the typical 1980’s dirty cop movies where the cops are shaking down drug dealers to get ahold of their ill gotten gains only to be caught in the act by the new rooky partner who stumbled onto his partners unsavory business practices. The veteran cop has a decision to make and quickly in order to cover his but or stand the chance of losing his pension and benefits, sound like any movie you have seen? So he immediately makes the decision to push some of the stolen bounty onto his green counterpart who is struggling with the idea of stealing drug money while supposedly being their to protect and serve. If the dirty cop is successful in tainting the pure of heart rookie then he will be able through forced coercion to get an accomplice who will further his corruption and everyone is happy with a little extra side money. Then the day comes when the supervisor calls the rookie in after a year on the beat and has a heart to heart talk with him and exposes that he is under the impression that there may be some dirty cops in his crew and asks if he has seen anything along those lines. Now the struggle of conscience begins and the rookie wants so badly to expose the corruption but he too is involved in it and is unable to speak the truth as he has been corrupted by the very corruption that he despises. Now the truth goes uncovered and the inquisition fades away as a bad hunch. The opportunity to catch this early and resolve it has faded with time and the corruption has a stronghold which ultimately is responsible for the destruction of the community and will never quite be the same. What seemed like an innocent cash grab from a murderous thug who didn’t deserve the new found wealth to begin with has now corrupted the pure of heart and set out a path to moral bankruptcy. The corruption has corrupted.

Now compare this to the national debt problem we currently have and there are some similarities. The excessive debt has been swollen over the decades by politicians who were trying to get their biggest donors pork barrel projects to enrich themselves as repayment for funding his path to power. Politicians have expanded welfare programs in the poorer districts in order to buy votes from the poor which only adds onto the debt as this too is borrowed money. The crafty politicos have legislated the abilities for some of their constituents to shut down US factories that have employed several generations of their voters and outsource them over to China with taxpayer money in order to elevate their stock price while stripping the job opportunities themselves. I could go on for days as to how this ‘death by a thousand cuts’ has incrementally created a mountain of endless debt with just as many hands that have gone into the pot to get their piece of the action in one way or another. The point is that there is a certain ‘air of arrogance’ in America that we are the greatest nation on the planet and we can have as much debt as we want because the world has always gone along with it so why wouldn’t they now? But the truth is the world wasn’t Ok with it for the past 5 decades but now the situation is ripe for a major re-alignment and the world is making their move while we debate gay marriage at home. China has signed trade agreements with most of the world that no longer use the USD for international commerce. This will hurt us badly as the world will have no need for the dollar much less be forced to put up with the inflationary policies of the FED. Nations of the world are buying hundreds of metric tons of gold to prepare for the re-shuffling of the global economies. Trading exchanges are willing to accept gold bullion as collateral and are no longer ok with just paper money. The FDIC has lobbied to revalue gold bullion as a Tier 1 Asset w/ 0% counterparty risk for banks to purchase in order to stabilize their balance sheets that are severely wounded by derivative losses. Establish your “Plan B’ in physical gold & silver bullion and remember it is always better to PREPARE your portfolio before the damage begins than to attempt to REPAIR your portfolio once the damage has begun. QE3 is coming soon so now would be a wise time to prepare. Tick, tock.