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:
Exactly what the Liberals and Socialists want ! I went to my heart dr today , he wants to schedule me for a stress test. He told me in a sarcastic way that he would have to get Obama’s permission first !! I am retired on medicare and have two supplement insurance policies that I pay premiums for. I told my husband that if I was a Mexican Illegal my dr wouldn’t have to ask permission for any test he wants to do !! That’s what Obamacare has done , robbed from Medicare and Social Security for all the Illegals and Lazy welfare leeches !
BS
An Obama’s armies keep pouring in. And congress wants a pay raise.
THEN STOP VOTING DEMOCRAT!! IF “KILLERY” Or BERNIE Get ELECTED=It Will Get WORSE!! BERNIE has ALREADY Said He “Believes in Food Lines” + COMMUNISM!! TRUMP For PRESIDENT=NOW!!!!
Wait a minute, obummer claims he’s done a great job.
This is how some of the 53% who work live. ….and meanwhile the 47% of welfare slugs they support have medical care, housing, cash, food stamps, etc. Wow!
Kim Jung Un had NO military experience whatsoever before Daddy made him a four-star general. This snot-nosed twerp had never accomplished anything in his life that would even come close to military leadership. He hadn’t even so much as led a Cub Scout troop, coached a sports team, or commanded a military platoon. So he is made the “Beloved Leader” Of North Korea
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> Terrific!!!arn! I’m sorry…1justremembered that we did the same thing.We took an arrogant phony community organizer, who had never worn a uniform, and made him Commander-in-Chief.A guy, who had never had a real job, worked on a budget, or led anything more than an ACORN demonstration, and we made him “Beloved Leader” of the United States – Twice!!!!!So if you think North Koreans are stupid…I’m sorry I brought this up . .. . Never mind.
Obama only cares about illegals, Muslims and his supporters.
Nonsense because I bet 90% of those have flat screen TV’s, cell phones, smoke, drink and have tattoos….
Sad.