You're watching...
FBN’s Gerri Willis on the rise in government entitlement spending as the tough economy weighs on Americans across the country.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
It was easy enough to -- the press release goodness knows there was a lot to pay attention to this week.
If you missed it.
This is that.
The government announced its -- to Social Security disability payments that they had hit a new annual record even though they were still month left in the budget year.
Through the end of August the federal government paid out more than 591.
Billion that's three billion more in Social Security benefits.
And I 129.
Billion more in disability benefits than last year.
More evidence of the growing claim of entitlements on our budget and while nobody bid -- of retirees who spent their entire lives.
Paying into Social Security claiming their fair share that's fine.
The numbers of Americans getting disability benefits.
It's worrying.
That -- is growing like topsy a record eight point seven million Americans collected disability this year and it reminds me of other records were setting.
More Americans than ever in poverty.
15%.
-- view of US citizens officially -- 17 on food stamps middle class and comes declining.
To 69487.
From 72956.
Dollars.
In 2010.
Worst performance in a decade.
Look I did go on but you get the picture Americans are in more trouble financially.
Than it any time in memory and many reaching out -- the government.
Washington is also encouraging us to lean on Uncle Sam they -- food stamps like a diet program.
Would you look at margin she looks amazing yeah she sure parents I wonder how she stays so fit.
What's -- secret window she told me pet food stamp benefits help her -- right and she stays active to.
My friends we are in uncharted territory here.
Worse there's no leadership in Washington the house -- just announced it was canceling its October session so if you're looking for solutions from congress forget about it.
The president is spending most of his time campaigning in appearing on Letterman though.
He did speak at a ceremony honoring the heroes who died in the embassy embassy bombing in -- got the Libya.
Then the Federal Reserve announced plans this week to print money to -- the economy.
That's no real solution.
Weren't -- rift desperate for solutions to get our economy and our lives back on track the longer this goes the longer it goes.
The worse it gets.
