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:
Congress best get off their$#%&!@*AND IMPEACH THE BASTARD… or suffer the consequences congress…
I don’t believe this.. They can get food stamps, a phone, computer, a house, their lights paid .. All for free.. Obummer pays you to sit on your butt and not work.. Have they went to the welfare office? Oh and free medical care.. Take a trip to the welfare office he will hook u up!
Gotta be black, a minirity, or an illegal to get those services.
Well here you just have to sit in your$#%&!@*and you get all of it! Only catch is you can not work..
My 19 y/o ask me .. Why should anyone go to college and get a career when you can not work and have all your bills paid for free.. She said .. I don’t understand.. This was when we were trying to get health insurance from dumb a** and the premiums were gonna be $800 a month with a $1800 deductible before you could see a doctor! Of course we didn’t get it and had to pay the fine! Finally we found some insurance.. This is a disgrace!!
Not everyone is approved for assistance. please know what you are talking about before you speak.
Because the illegal in the white house doesn’t care about america or americans.
Please get off my comment! I don’t
Need you nasty remarks! If you don’t like what I say then move along! Now get off my comment and start your own !
Blacks are accepted faster, and at higher rates as a percentage of their whole racial population compared to whites. Please know what youre talking about before you speak.
Daniel I realized that also.. Why you gotta try and burn someone with your insults.. I do know what I’m talking about.. I’m not comparing races . I’m just stating what I know to be true! I said people who don’t work!