People participating in the food stamp program outnumbered the women who worked full-time, year-round in the United States in 2012, according to data from the Department of Agriculture and the Census Bureau.
Kathleen Sebelius resigns (finally!), the announcement comes tomorrow. Makes me wonder what she is getting out in front of-will we soon learn the numbers for Obamacare are worse than reported? Continuing issues with the website? Problems with connecting patients to insurers?
In other words, I'm wondering why now? There have been plenty of issues that have reared their head in the last few months that warranted her quitting, but she didn't. So why now, when things (allegedly) are going so well?
The average retirement payout for new retirees in California's biggest public pension system doubled between 1999 and 2012, according to CalPERS data, and initial monthly payments for one group nearly tripled in that period.
State and local cops and firefighters benefited the most.
In the 14 years covered by the data analyzed by The Sacramento Bee, average first-month pensions to state police and firefighters went from $1,770 to $4,978. California Highway Patrol officers' first-month retirement payments doubled from $3,633 to $7,418, and local government safety employees' pensions went from $3,296 to $6,867.
"These numbers indicate the cost of benefits given away a decade ago are finally coming home to roost," said Dan Pellissier, a pension-reform advocate who tried and failed to put a measure before voters last year to roll back pensions. "We're finally having to pay the pension piper."
Just as higher pensions established years ago are still rolling through the system, significant savings from changes that took effect this year – including caps on benefits for new hires and higher employee contributions – won't significantly stem retirement allowances and their cost to taxpayers for many years.
I have to remind readers from time to time that one simply cannot take one aspect of the jobs picture, and hold that up as "proof" that the economy is strong or weak.
Remember that when you see pundits and trolls today pointing to the "drop" in unemployment as an indicator the Country is headed in the right direction under Obama's policies.
The reality is that this most recent iteration of Obama's "Recovery Summer" is about as effective as the ones that came before it. The Obama Stimulus didn't do anything, except transfer wealth from taxpayers to connected Obama cronies. Failed experiments with connected "green" firms threw taxpayer money to poorly managed, verge of bankrupt companies. Taxpayer money went to only hold off the inevitable in Detroit. The President has promised us a "laser-like" focus on jobs for several years, with little appreciable results.
This Administration clearly has no idea what they are doing.