In response to:

Unemployment Explained: Obama's Disability Scammers

1959 Wrote: May 07, 2012 9:52 AM
Congratulations, you are pointing out one of the biggest scams yet perpetrated on the American people. Millions of people are now receiving SSDI for ailments such as "Obesity." A banker friend of mine told me you can't believe the number of healthy 35 year old males who come in to cash their SSDI checks. Further, this money comes from taxes meant to pay Social Security benefits, further robbing seniors who have paid into the system all of their lives. Deadbeats and drug addicts are also receiving the Earned Income Tax Credit which has absolutely nothing to do with "Earned Income." It comes straight out of the taxpayer's pockets. Bernie Madoff would be so proud!

I have to credit our own Mike Shedlock for writing about how Obama’s been able to drive down the topline unemployment number even though unemployment remains as a big problem today as it has ever been.

I’m often reluctant to piggy back on a contributor’s work, but when something is really newsworthy, I think it’s justified.

Yesterday Mish pointed out that:

In the last year, the civilian population rose by 3,638,000. Yet the labor force only rose by 945,000. Those not in the labor force rose by 2,693,000.

In the last month, actual employment fell by 169,000, but...