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:
Obama is a Dip$#%&!@* *********************
Jeffrey Cadman Actually the crowd of women shown in the video, complaining about not getting their EBT cards, were all fat and they WERE from Georgia. I currently live in Maine, a very poor state and I live in a town where people worked for a company in Brunswick has reduced its employees, but I was a substitute teacher for many schools and I wasn’t seeing any starving children, but I hear about it all the time. They provide lunches for the children who can’t pay for it, but those kids throw away so much food, it is hard to believe they are hungry. When I was a child, I had 5 brothers and sisters, and WE didn’t throw food away. We were hungry a lot and didn’t waste food.
YOU HAVE THAT RIGHT Johnny Johnson
Well when farmers don’t plant as much, and paid to do so, then costs go up and people can’t afford expensive food. That’s what happens.
With this news lets just allow 65,00 syrians to come on over and support them…what are these people thinking?
They have to pay for obama care before they can feed their families
But the economy is doing so good.
I am one of them. taking action on it to improve my situation, very hard to do right now.
I believe that, but that’s to many people, so what is the real problem
And we are bringing in more poor to add to our problems! This will necessitate more government to serve them–which is exactly the reason for bringing them in!! Bigger gov’t!! Smart, these liberals!!