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:
No but illegals can?
If Trump don’t win, the forces will begin to march.
We have had enough.
What organizations can we give to so it gets to the needy??
exactly what obama wants for the whole country
very true but obama and our corrupt officials do not care
Obama sure lives like a king wjhat abuut the American people?????
We are in the 2nd Great Depression, not a recession.
More then 1/3 in this Country – I don’t eat lunch or eat well, for the cost are too high at the grocery store, barely able to pay rent and now with a threat from CRUZ who said that he would half the Social Security for Seniors and KASICH eliminate it completely, and my car breaking down and have responsibilities yet that I take seriously and in the future don’t know where the medications are going to come and Holistic doctors dying is my only way to get well besides taking what the American Indians are trying to teach people to remain healthy- this is damn Evil and the Great Depression brought on by this Government and the damn Obama. And now people are going to vote their demise and not only theirs, but their children and grandchildren. And you wonder why I’m angered. I have no idea where the money tree is that Obama keeps on telling Americans we have. Everyone will be out on the street very soon including Seniors in this Country. Damn people in this Country.
But illegals and terrorists disguised as refugees, can live off of everything free in this country with f**e licenses too, also given freely to them by this Anti-American liberal racist and Muslim infused government of ours.