Obamanomics: People in Poverty Up 6,667,000 … Record 46,496,000 Now Poor … Median Income Down Nearly 5% to $2,627
Hey America, hoes that “Hopey-Changey” stuff working out for you?
Thanks to President Barack Obama and his disastrous economic policy, median income is down 4.89% or $2627 and poverty is up to a record 46,496,000. But Barack Obama will tell you he is for the little guy and the middle class. Sure he is. What a disaster this man has been to the United States and its people. It is going to take decades for this country to undo the damage he and Democrats have done. It is mind boggling how he was ever reelected with such a totally epic failure of the economy, jobs and, unemployment.
During the four years that marked President Barack Obama’s first term in office, the real median income of American households dropped by $2,627 and the number of people in poverty increased by approximately 6,667,000, according to data released today by the Census Bureau.
The record total of approximately 46,496,000 people in the United States who are now in poverty, according to the Census Bureau, is more than twice the population of Syria, which, according to the CIA, has 22,457,336 people.
In 2008, the year Obama was elected, real median household income in the United States was $53,644 according to the Census Bureau. In 2012, the last full year of Obama’s first term, median household income was $51,017. Thus, real median household income dropped $2,627—or 4.89 percent—from 2008 to 2012.
Please wake the hell up America and vote