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:
Here is some white privilege for y’all
But the general media and Obama keep telling us how much better off we are. This is far bigger than one man lying to us and it will take a major effort to dig out ALL the rats!
The sad reality is that senior citizens are taking the hardest hit when it comes to the cost of living.
I am one of those white privileged people who HAD to work at age 15 because my father died from an accident. My 2 older sisters were married, so it left my mother a younger brother, 13 and sister, 7. I babysat every day after school, and every weekend, so I could go to high school. I am very independent, and try not to rely on anyone. My mother did not work outside the house, so she started cleaning homes, my brother found all kinds of odd jobs. We made it. Work is a good lethargic.
48% don’t pay taxes and are on welfare, and we still have 1/3 of U. S. Households can’t afford food, what’s wrong with this picture? Somebody is lying wouldn’t you say? Like unployment is in and around 20% +.
And that piece$#%&!@*in the WH wants to keep all of the illegals criminals that are here, hell no!
Anyone who ‘owns’ anything through working all their lives and paying their taxes is NOT eligible for all this “free” government aid…
America First, Donald J. Trump For President 2016
Pure nonsense, they all have big screen TV’s, cell phones, get their nails done, smoke, drink, do drugs, have cars….
But obummer can take from Americans and drag refugees here of which 50 percent want sharia law