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:
if you cant afford to live dont be a stupid$#%&!@*vote for trump or dont bitch
Many people make just a few dollars more than the level for aid. You get a lot more from the government if you are just below the poverty level than if you go to work and get a tiny pension. The government rewards dependence, it justifies its existence as it weakens citizens.
If you are white you can try to get welfare but it will be stalled as along as possible. Black people and muslims come first for this black traitor. He even denied a raise to SS for the elderly, now they are living at poverty level. If the traitor gets impeached as he should perhaps white people will matter once again.
Thanks to the obummer administration ! !
I’m not telling anyone to get welfare! I made the statement that Obama gives help to the non working class ! I said the people who work can not get assistance of any kind. If you have any assets or any savings you do not qualify! If you are single without children you don’t qualify. Please read what I stated and don’t add to it if you want to comment! I said that people who work can’t get help from the government! I’m not saying to not work! Do some of you like to jump on others just because you like a fight?
You are so right .. It is truly hard .When you worked all the time then barely made it then taken care of family and now live off 600.00 to 700.00 amonth. Social security. . I AM. making it .others are worse off .I never had much had to learn to live the hard way.. Never had it and never will… GOD BLESS USA.. GET IT TOGETHER AMERICANS OR THERE WILL BE WAY MORE. IN THE. NON PRIVILEGED WAY..
That’s me . God help me !
I dont understand how he could of misunderstood your comment Carolanne, I got exactly what you meant and 100% agree. That last line of her original comment was SARCASM people, learn to get it!
we are all suffering under the democrats and obama
caroleene, citizens are turned down. only illegals get free help