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OBAMA QUIETLY CHANGED UNEMPLOYMENT STATISTICS TO FALSELY PORTRAY AN IMMINENT JOBS BOOM!
It’s been said that statistics don’t lie but statisticians do.
Such seems to be the case with the Obama Administration quietly gutting President Bill Clinton's successful 1996 reform that had cut welfare rolls by up to 50 percent and eliminating the requirement that able-bodied people on one of the biggest welfare programs had to demonstrate that they were actively looking for a job.
This statistics change downwardly fudges unemployment numbers—for a convenient boost for Obama in the home stretch of the Presidential elections.
“Without this Clinton reform, the social safety net can easily turn into a hammock of free money, free housing and many other benefits,” say economic experts Craig R. Smith and Lowell Ponte, co-authors of the widely-praised recent books “Crashing the Dollar” and “The Inflation Deception.”
Smith and/or Ponte are available to be your interview guests on this topic. “By eliminating this work requirement, President Obama has opened the way for millions to re-apply immediately for welfare – and for dependency on Big Government that will give them a selfish reason to vote for Mr. Obama's Big Government Party this coming November,” says Smith, a monetary expert.
“This cynical, and probably illegal, end of the Clinton welfare reform is a 'Double Con' that helps Mr. Obama's reelection in a second way,” says Ponte.
“When welfare recipients were required to seek work, they got counted as unemployed,” says Ponte, a former think tank futurist.
“But now millions on welfare will stop seeking jobs, and within four weeks they will no longer be counted as unemployed.”
“So in a few weeks you can expect the media to announce that the economy is suddenly improving thanks to President Obama, that official unemployment has fallen from 8.2 percent into the 7 percent range, and that the President was right and deserves to be reelected,” says Ponte.
“But the only thing that has changed is that millions of welfare recipients are no longer seeking work,” says Ponte. “It's a double con game to fool voters.”
“It's not good news for taxpayers that President Obama is buying his reelection with tens of billions of taxpayer dollars for millions of people his new policy is adding to the welfare rolls,” says Smith.
“The U.S. is already broke, so where will we get all this new welfare money?”
ask Smith and Ponte.
“All these billions must either be borrowed from entities such as the People's Republic of China, our biggest foreign lender, or printed out of thin air, which causes inflation and raises the price of everything working Americans must buy.”
“By creating this huge new welfare dependency and debt and the illusion of improving employment to improve his chances for reelection, Mr. Obama will make companies even more afraid to hire and invest in America,” say Smith and Ponte.
“The result of this fear will be even fewer jobs for Americans who want and need to work.”
“President Obama's cynical 'double-con' could be the straw that breaks the back of America's already-fragile economy and plunges us into a new Recession or Depression,” warn Smith and Ponte.
Robert Rector and Katherine Bradley, “Obama Ends Welfare Reform As We Know It,” Heritage Foundation/National Review, July 12, 2012. URL:
U.S. Department of Health and Human Services, “Temporary Assistance For Needy Families Information Memorandum, Transmittal No. TANF-ACF-IM-2012-03,” July 12, 2012. URL:
1. You write that President Barack Obama has changed President Bill Clinton's 1996 welfare reform law. How?
2. What happened to the size of welfare rolls after President Clinton and a Republican Congress agreed on this welfare reform? By what percentage did the welfare rolls shrink?
3. What do you think will happen now that President Obama has issued an order reversing welfare reform?
4. Why do you say that prior to the Clinton welfare reform, the social “safety net” was being used by millions as a “hammock.” What do you mean?
5. You say that some experts call President Obama's action illegal. Why?
6. You note that this could help President Obama win reelection in two different ways? How so?
7. How will what you call the “illusion” of unemployment getting better help reelect President Clinton?
8. You say that this new Obama policy could make companies even more afraid to hire new workers or to invest. Why?
9. You've written that 49.1 percent of American households already receive some sort of government check or benefit. How will things change in America if President Obama's new policy put more than 50 percent of our households on the dole?
10. How can working American families protect themselves and their savings against the economic problems that an expanding welfare state will cause?
ABOUT LOWELL PONTE…
Lowell Ponte (PON-tee) is a former think tank futurist and was an editor Reader's Digest Magazine for many years during its heyday when it was one of the most widely read publications in the world. Lowell is co-author with of The Inflation Deception: 6 Ways Government Tricks Us… and 7 Ways to Stop It! (2011), and Crashing The Dollar: How to Survive a Global Currency Collapse (2010). Ponte’s articles have appeared in The Wall Street Journal, The New York Times, and many other publications. He is currently a columnist at Newsmax.com. Lowell has been a guest on "The Today Show," "Good Morning America," "David Letterman" and other programs. Lowell has also been an aide in the California legislature, a reporter in Washington, D.C., a foreign correspondent reporting from 33 countries, co-partner in a successful Hollywood public relations firm, and a radio talk show host.
ABOUT CRAIG SMITH…
“The Face of American Small Business”
Craig R. Smith is an author, commentator and popular media guest because he instantly engages audiences with his common-sense analyses of local, national and global trends.
The Founder and Chairman of Swiss America Trading Corporation, Craig for 30 years has helped many thousands of people hedge against the problems of a weakening U.S. Dollar.
A monetary expert, Craig is the author of numerous books and articles including The Inflation Deception: Six Ways Government Tricks Us...and Seven Ways to Stop It! (June 2011), and Crashing The Dollar: How to Survive a Global Currency Collapse (2010).
Craig is also author of The Uses of Inflation: Monetary Policy and Governance in the 21st Century, a major White Paper published in February 2011. Recent media clips: www.craigsmith.com
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