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!!!