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.

Obama_Epic_Fail

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



If you liked this post, you may also like these:

  • Obamanomics is Crushing America … Typical US Household Getting Poorer, Worth One-Third Less Than GWB
  • Welfare Spending = $168 Per Day for Every Household in Poverty … $137 Median Income Per Day
  • Middle Class Income Rising, Back To Where It Was In 2000
  • The United States of Poverty: Thanks to Barack Obama & Obamanomics, US Poverty on Track to Rise to Highest Since 1960′s
  • More Obama Economic Successes … The Obama Depression Continues: Median Income Lowest Since 1995




  • Comments

    3 Responses to “Obamanomics: People in Poverty Up 6,667,000 … Record 46,496,000 Now Poor … Median Income Down Nearly 5% to $2,627”

    1. A Texas Grandfather on September 18th, 2013 4:38 pm

      Getting everyone to vote is important. However, until the people make the effort to insure who counts the votes are honest, the Democrats will continue to steal elections.

      This is why Eric Holder and the DOJ is fighting so hard to kill voter ID.. This is why the motor voter law was enacted as another way to steal elections and allowing absentee ballots to be made as late as the day before an election. Blue states are notorious for not getting ballots to the military on time.

      This is precisely why the IRS and other agencies were used to harass the “True the Vote” and other groups of conservatives.

      The Democrat motto all of my life has been to “Vote Early and Often”. They cannot win if they don’t cheat.

    2. Rightknight on September 19th, 2013 10:06 am

      Yes, the median income (among those who can/will still
      work if the jobs were not evaporating) has dropped. Even
      worse is that new low of income is becoming so inflated
      due to the Fed printing paper like confetti that the money
      cannot buy anything anymore. Just sayin’.

    3. Obamanomics is Crushing America … Typical US Household Getting Poorer, Worth One-Third Less Than GWB | Scared Monkeys on July 27th, 2014 7:54 pm

      [...] Obamanomics: People in Poverty Up 6,667,000 … Record 46,496,000 Now Poor … Median Income Down Ne…. [...]

    Leave a Reply




    Support Scared Monkeys! make a donation.

     
     
    • NEWS (breaking news alerts or news tips)
    • Red (comments)
    • Dugga (technical issues)
    • Dana (radio show comments)
    • Klaasend (blog and forum issues)
     
     
     
     
     
     
     
    Close
    E-mail It