RSSThanks Barack Obama … 76% of Americans are Living Paycheck To Paycheck
How’s that “Hopey-Changey” stuff working out for ya America?
Obamanomics has been an unmitigated disaster. The economy is a disaster and any reports that it is getting better is hogwash. A record number of Americans are on food stamps, the actual unemployment rate is much higher than the presently reported 7.6%.And then we have the real indicator that tells us how Americans are really doing. According to a CNN poll via Town Hall, 76% of Americans are living paycheck-to-paycheck. For all the promises that Obama has made that he would make the economy better and in turn the lives of Americans. The joke is on you America. Obama may be an empty suit, but he has left 76% of Americans with empty pockets.
Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday.
Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical emergency or some other unexpected event, according to the survey of 1,000 adults. Meanwhile, 50% of those surveyed have less than a three-month cushion and 27% had no savings at all.
To make matters worse, in the past three days, Americans has lost countless money in their 401k’s with the DOW tanking after Fed chairman Ben Bernanke’s comments last week that they are going to taper back the flow of money and artificially supporting the markets. Bernanke said the economy is getting better. REALLY? 76% of Americans would disagree with you sir.
HOW IN THE HELL WAS BARACK OBAMA, THIS EPIC FAILURE REELECTED!!!
Posted June 24, 2013 by Scared Monkeys Barack Obama, CNN Opinion Research, Economy, Epic Fail, Food Stamps, Hope and Change, Jobs, Labor Force, Obamanation, Obamanomics, Polls, Recession, Stock Market, Transparency, Unemployment | 6 comments |
If you liked this post, you may also like these:
Comments
6 Responses to “Thanks Barack Obama … 76% of Americans are Living Paycheck To Paycheck”
Leave a Reply
How was he reelected?
By progressives … average people desperately seeking increased status by aligning themselves with Northeastern intellectuals, thereby deluding themselves into believing that now they’re smarty pants too.
Adulation the ultimate disempowerment
Broke now… Wait till Obamacare pre-tax formulated preminums kicks in.
This is huge news. The House leadership needs to use this report and make decisive moves to pass abortion legislation and hold at least another half dozen votes to repeal Obamacare. Then we’ll finally see some movement on the economy and unemployment. Maybe throw in something about gays in there, too, just to be safe.
______________________
SM: As Obama wants more closings at coal fire plants as he passes his BS “global warming” initiative and even more Americans lose jobs and energy prices go up. I guess Obama will not be happy until 100% of the people live pay check to pay check, that’s Obama’s idea of fair.
R
Unless and inditement (Law. a formal accusation initiating a criminal case, presented by a grand jury and usually required for felonies and other serious acts)can be drawn on him and his hired criminals it is highly possible he will never come out of office and to top it off the American people will never ever return to a free country. We are NOT a Republic under the Constitution now. We are now in the 3rd phase of the NWO. Bush signed into law that 3rd phase at the end of his reign. Some will laugh and not believe it. Thats fine. We are damn near a carbon copy of the ol USSR. He is getting ready to shut down coal plants. Its 39% of our energy so now our electric cost will soar along with health care cost. Here in NC renewing a car tag is fixing to jump from $28.00 to $78.00. Get RID of the washington Mafia and the IRS.
FUBAR
I’m not sure if you have a complete understanding of how the 3 branches of government operate or the precise role of the sitting president in this “thanks Obama” jab.
You may want to look back at the rather radical Republican controlled House who’ve rejected a modest minimum wage increase, voted to end overtime pay for workers, and voted to dismantle the NLRB before pointing that finger at Obama for those living check to check.
But then again, reality does somewhat undermine your ODS mission so perhaps that was a silly suggestion. Relying on others ignorance to sell your snake oil has historically proven to be effective. Carry on.
____________________
SM: And you have no understanding of how an economy works. A forced increase in minimum wage does not benefit employees, it actually harms them. Yes I am pointing the finger at OBAMA. I am pointing it square in his face. SORRY, HE IS THE PREZ, THE BUCK STOPS WITH HIM. He is the one who made the promises. He is the one he force fed Obamacare through the Democrat controlled Congress and harmed even more workers by having them laid off, their hours cut and forced to go from FT to temps.
Sorry if you can’t handle the truth.
Obama has been an unmitigated disaster for the economy. For a Harvard grad, he’s an idiot.
No he wants to go after more jobs with his war on coal and any form of energy that does not meet his failed green funded agenda.
So yes, if the finger fits, wear it.
R
The warning was one name: Reverend Wright
As my friend said this evening Obama has only 2 years left to destroy the country. He’s working hard & fast.
@ #3
Yes, Bush exactly knew Obama’s agenda from the beginning. I watched a news cast during the 2008 Republican Convention where Bush, as he casually sat in an “off camera” corner candidly said,” You think I’m bad, wait till you see what he, (Obama), wants to do.
It was shocking. If you understand micro expression that Bush’s face slightly lit up expressing a small pleasurable smirk you knew it was a bare bones, deadly truth. He then laughed to himself. I’ve never forgotten it.
All the disruption beginning here is currently happening in Europe, even Canada to a lesser degree. The destruction of individual’s countries’ sovereignty, decreased living standards, forced third world immigration, massive unemployment, riots, and on..
Accidental, without plan, hardly
Iceland is doing well
[...] Americans struggle to find jobs, record number of Americans are on food stamps, 76% of Americans live paycheck to paycheck, and scandals abound with the IRS, NSA, AP, Fox News, Benghazi and the [...]