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:
Yep, and that is sad in this Country. With Pelosi saying that it is better to be on Welfare then have work. So what is happening is 94 million people are out of work and have been for a long time now and 55 and over are the elderly Pelosi said and they can’t find work either. Something they are good at and know they are go at and not get hired. While slime Democrats say take anything and then are dumped on by Democrats when you get fired for a job you don’t have any idea what to do. Democrats should shut their damn mouths for they don’t know your life as well as you do.
That means that can’t afford the affordable health care either.
STOP ILLEGALS! Help our own get on their feet!
Well, for now I have a Insurance policy – I don’t know how long that will last.
Well I do not understand that one, why send aid, troops, doctors to such countries that rather stab you in the back and hate America. The Government needs to stop interfering in countries, thinking they are the world police and fix it. Look in your backyard fools, then your responsibility it to the American People, that is who you are working for, and put you idiots in the position you are in now, getting paid for doing nothing. Take care of your Country, the Veterans, the Seniors, the Homeless and the Hungry. And if you can not do that, then you are fired, out on your butts, no lifetime benefits, you get SS and healthcare just like the people, and nothing else.
And they have worked all their life
Well said, wish you were our congressman, ours is agene green and he is useless
Thanks Obama
Tell em your illegal you’ll get all kinds of help
Yes, they can afford all that, and families are struggling to make it from month to month, and have to chose what they need more, roof over their heads, or food, and seniors cutting back on meds, because they can not afford them. I can not go out and buy designer clothes and shoes, have my hair done, have fancy cell phones, and fancy cars. We do with what we have, and work hard to make it. Yeah get angry at that.