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:
Come to Mississippi and say that!! I’ll personally kick you in the balls! Jackass! That’s is if you have any!
This is not true unless you are a minority it is difficult to get gov’t help
Hogwash.
What’s not true that if you work you can’t get help? The comment again was about free loaders the last part was being sarcastic! I’ll tell you what since most of you can’t read between the lines and see what I was meaning I’ll take off the last statement!
These are the people that you should help, Mr. Obama!!!!
I absolutely detest that vermin and hope the Lord can forgive me for those horrible feelings.
And POTUS puts illegals on welfare!
That’s exactly what I was trying to say!
How sad. This is america the BEST country in the world. THIS SHOULD ”’NOT”’ BE HAPPENING!
so wrong in America !