President Obama has successfully conned the American public on a number of things, none more egregiously than the American economy and labor rates. His solution for the great recession that began at the start of his first term was to spend massive amounts of borrowed money on what he called “shovel ready jobs.”
It turns out that most of the money went to short term union jobs, and although unemployment is now reported to be at about 5% nationally, many experts are saying that the real rate is perhaps at 10% to 15%. The difference is ascribed to the huge number of people who have given up and are no longer in the labor force and therefore not counted, and the number of people who are working only part time or at low income jobs below their skill level.
This is not the America we have come to expect, and the Obama administration’s blatant antagonism towards business has worsened the problem considerably. These economic facts do not exist in a vacuum, and it is clear that American households are suffering as well. New economic research shows some dire consequences of Obama’s mismanagement of the economy, and a “cool” explanation from Obama is not going to change the economic reality that U.S. families are now suffering.
See page 2 for household income analyisis:
Thank you obama voters, we owe it all to you. VOTE TRUMP to make America great again!
This is very true!
Sad commentary on our country,that’s what happened when you try to take God out of everything.
Think oscumbag… Country has gone to hell under him. But hey he will blame Bush.. But won’t except that he Aline has more than doubled the debt
I’ll bet they have cell phones, manicured nails and tattoos though!!!!! It’s about priorities people
True fed reserve has inflation making every thing out of reach even for raises won’t be enough snd take away help. And media doesn’t tell truth Judy point fingers. Don’t want their cushy life messed up
So True, and not just black people ,I kn plenty of white family’s who r in really bad shape now, but don’t qualifies for anything ,because there 5 $ over the limit
OUTRAGES!
THANKS TO OBUMMER
And this is surprising? Why do you think so many are angry? Yet this govt sends BILLIONS to other countries