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:
stop free trade deals with China and the TPP , witch has cost America 57,000 factory jobs , and jail all IMF bankers monopoly money backed by nothing on interest scames, and their engineered collapse of our economy.
The American people go homeless and hungry because of the free stuff we hand out to illegals and refugees. Don’t forget foreign aid to countries who hate us
Obama will not stop until America is a 3rd World Country.
Obama is one sick SOB. I hope someone is successful at shooting this b+++++d!
THE MOST TRANSPARENT ADMINISTRATION IN HISTORY IS TRANSPARENTLY STEALING EVERY PENNY THEY CAN GET THEIR HANDS ON. they have not one speck of honor.
in the mean time we are paying for immigrants legal and illegal, and refugees that we don’t want
A very high % of them are seniors.
Stop giving this treasonist government your money and help a neighbor.
Take from illegals give to the needs of citizens. Noval idea in the lib and Obama land
Because they brought the whole world here to take our jobs.How many kids do you see working fast food.There sure are no white faces.