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 VOTING DEMOCRAT!!! IF “KILLERY” Or BERNIE Are “Elected”=it WILL GET WORSE=COMMUNISM!!! THESE People will then be HOMELESS!!! VOTE TRUMP=BUSINESS + JOB”S!!!
Calon McGough=SPOT ON!!! People MUST STOP VOTING DEMOCRAT=COMMUNISM!!! VOTE TRUMP=BUSINESS + JOBS + He WILL STOP SUPPORTING ILLEGAL”S & “Refugee’s!!!
AND Obama and his band of liberals want to cut their pay and give it to themselves.
That’s what being a good socialist is
And then they want to give everything away. Help Americans.
thank Obama ,he really enjoys hurting white people
You think things are bad now, just wait a couple more months. All the manipulated markets are coming undone. Look for “bail ins” instead of “bail outs” this time. If you don’t know what a “bail in” is you should look into it.
That’s Obama for you. Only he’ll weasel out of any blame by blaming Bush.
Obummer is just BAD for the USA………….
America there’s a lot of concern where we are heading with our 2016 election – here’s the picture we are creating –
Democrats – we are fixing to nominate a crook that should behind bars in a prison – where she should be eaten up with her conscious –
Republicans – hopefully we the people wake up before it’s too late – if we fail Donald Trump – then we will be enabling the GOP to force a nominee through corruption – as they will not go with the majority of the votes candidate – so in essence we are electing a crook for the POTUS – how do we explain our ignorance to our future generations – how do we explain the imbalance in our liberal Supreme Court – we can’t afford to continue down this road – we have young families struggling to pay up to $10 or more a day for their children’s school lunches when illegals sit opposite the table and eat free lunches. What’s really sad is what about American kid that’s ashamed to sit down at the lunch table because he hasn’t any money to get a lunch. No legal American child chooses to go hungry either. Do you see any illegal immigrants being required to serve jury-duty while hard working working class loses income from serving and held in contempt of court if they choose not to do so. We the people need to wake up before it is too late and vote for the FUTURE of OUR people not the politicians people.