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:
We elderly did not get a raise, that that it would have kept up inflation but now we are closer to poverty than even all because Dumbama and his cabinet care more about paying for and supporting terrorists he has invited into this country. We do not believe, trust or accept anything this idiot traitor has to say. He will not be referred to as CIC or POTUS again. Americans should come first, not the muslim brothers of a corrupt traitor.
Yet Obama wants an 18% increase in his pension after he leaves office. The Obama’s can’t survive on over $250,000 a year like “normal people”. BLATZ.
Thanks to muslin Obama and the repubs
Yet we allow illegals and refugees to come in & take care of them instead of Americans thanks to the Obama administration
We are taking care of the rest of the world thru Foreign Aid. It is called NECESSARY. Taking care of our own Citizens is not NECESSARY. We are disposable. UNTIL TAX TIME. And it is our fault. WE KEEP VOTING FOR THESE IDIOTS.
Clinton fault
Demand rent control laws now!
Just think how many mouths could be fed with all the money being spent on presidential campaigns. Makes me SICK.
WHY NOT???
BUT their highness are taking multi million dollar vacations.