Rush Limbaugh's Morning Update: The New Poor
Rush Limbaugh: Well, according to the New York Times, the economy has produced another class of Americans: "The New Poor." These are millions of jobless people, "long accustomed to the comforts of middle-class life," but they're now relying on government assistance to get by for the first time in their lives -- and they'll be relying "for years to come."
Sadly, for these new poor relying on the government is risky, because the social safety net is strained. For almost 3 million new poor, unemployment benefits will run out before May (if Democrats don't come up with another extension). Men are hardest hit here, losing more jobs than any other group during this prolonged recession -- which the State-Controlled Media declared officially over months ago.
"Labor experts" say that jobs will continue to be scarce in the future because the economy has undergone "fundamental changes":
1.) evil business owners want quick profits, so they've cut payrolls, moved jobs offshore, and automated factories
2.) the persecuted, abused unions have lost clout -- allowing evil employers to shift to part-time and temp workers
3.) small businesses don't have the money to hire or expand
4.) for some reason, the economy just can't produce jobs fast enough to absorb the unemployed, let alone those just entering the workforce.
In short, folks, we are screwed. But to those of you new poor -- who will be poor for years to come -- don't worry. Be happy. Be grateful. At least the Democrats are working on health care for you. And I might add, this "new poor," dependant on the government? That's sort of the plan from the beginning; that's what Obamanomics is. Learn it, love it, live it.
Read the Background Material on the Morning Update...
• New York Times: Millions of Unemployed Face Years Without Jobs
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