More Obama Economic Successes … The Obama Depression Continues: Median Income Lowest Since 1995
Yet another reason why Barack Obama needs to go … Welcome to Obamaville.
As reported at FT.com, the medium income in the United States is now the lowest since 1995. Add this to the record $16 trillion debt, the 43+ months of unemployment over 8%, the 23 trillion of out of work or underemployed workers, the record number of people on food stamps and simply Americans just tired of being tired under Obama.
One-Third Of Americans In ‘Lower Classes’ Since Obama Took Office.
In the course of Obama’s presidency, people saying they are in the “lower classes” have risen from one-quarter to one-third of the adult population.
According to the Pew Research Center, Americans who say they are in the lower-middle or lower-class has risen from 25 percent to 32 percent in the past four years, in the national survey of 2,508 adults.
As reported at Powerline, Obama loves to blame others for the bad economic situation. He may want to look in the mirror for blame on this one.
Posted September 13, 2012 by Scared Monkeys 2012 Elections, Barack Obama, Economy, Epic Fail, Jobs, Unemployment | 5 comments |
Weekly Jobless Claims Up 382,000, Analysts Expcted 370,000 … This is Hardly the Right Direction
OBAMANOMICS IS NOT WORKING!!! IN FACT ITS AN EPIC FAIL.
The Weekly Jobless Claims rise to 382,000 … up from last week and more than the analysts expected of 372,000. The US is hardly headed in the right direction. For those who think that Obama is going to create jobs or create an environment that is conclusive for businesses to create them are delusional.
The number of Americans filing new claims for jobless benefits rose more than expected last week, with several states reporting an increase related to Tropical Storm Isaac.
In a separate report, a sharp rise in gasoline costs drove up wholesale prices last month by the most in more than three years. But outside energy and food, price gains were mild.
Initial claims for state unemployment benefits rose 15,000 to a seasonally adjusted 382,000, the highest in two months, the Labor Department said on Thursday. The prior week’s figure was revised up to show 2,000 more applications than previously reported.
Economists polled by Reuters had forecast claims rising to 370,000 last week.
Producer Price Index Also Higher
The Labor Department says that the producer price index, which measures price changes before they reach the consumer, jumped 1.7 percent in August
WAKE UP AMERICA, BEFORE ITS TOO LATE.
Now Obama is an EPIC FAIL on the domestic and foreign policy.
Posted September 13, 2012 by Scared Monkeys Barack Obama, Business, Economy, Epic Fail, Jobs, Obamanation, Obamanomics, Unemployment | one comment |
Barack Obama Opens Up 4 Point Lead Over Romney in Gallup National Poll Following DNC Convention … Will Dismal Economic Jobs Report Affect Bounce?
It would appear that Barack Obama has received a post convention bounce according to two polls released on Saturday. The Gallup daily tracking poll has Obama at 49% support among registered voters and GOP candidate Mitt Romney with 45%. A Reuters/Ipsos poll released on Saturday also has a Obama up; however, it is reported with a rather misleading title that Obama leads despite jobs data. Sorry, but the pathetic, anemic and poor jobs report came out on Friday. That is hardly enough time to feel the effects in a poll released on Saturday. Also, the polls for the swing states are going to be a better predictor for who shall be the next President of the United States. In not one battleground state is Obama polling at 50% or better.
President Obama’s post-convention bounce has grown to four points according to two new polls released Saturday.
Gallup’s daily tracking poll has Obama at 49 percent support among registered voters to GOP candidate Mitt Romney’s 45 percent.
The new figures show a 1-point increase for Obama from Friday’s results and reflects voter sentiment after the final day of the Democratic National Convention.
The Gateway Pundit reminds us to be not afraid, Gallup had Jimmy Carter up 4 points over Ronald Reagan in September 1980. We all know how that election turned out and how the undecided voted. I ma hardly suggesting that Romney will win like Reagan did in 1980; however, it is most likely that undecided voters will break to the challenger Romney due to the poor economy.
At some point Americans are going to have to determine how 43+ months of an unemployment rate over 8%, a record number of Americans on food stamps, a national debt over $16 trillion and Barack Obama with no answers to any of it except for more of the same and asking for more time is the answer. Any one with a clue, who actually loves America and wants the United States to go forward and not wind up in economic disaster will vote for Romney.
Posted September 9, 2012 by Scared Monkeys 2012 Elections, Are You Better Off Today Than You Were 4 Years Ago, Barack Obama, Capitaism, Economy, Epic Fail, Food Stamps, Gallup, Jobs, Mitt Romney - Paul Ryan 2012, Obamanation, Obamanomics, Polls, Presidential Election, Recession, Reuters/Ipsos, Unemployment | 4 comments |
US Sen. Barrasso (R-Wyoming) Delivered the Weekly GOP Address … “President Obama is on track to have the worst jobs record of any President since World War II” … “More presidential rhetoric, and a plea for more time, won’t heal our economy.”
Barack Obama, a legacy of failure for America …
US Senator John Barrasso (R-Wyoming) yesterday delivered the Weekly GOP Address, following Friday’s dismal jobs report. In the Weekly Republican Address, Barrasso said the following that, We are not better off than we were four years ago and “the undeniable truth is, President Obama is on track to have the worst jobs record of any President since World War II.” Barrasso went on to say,“when the President was hyping his so-called stimulus program, his economic team claimed unemployment would not go above 8 percent”. Instead, it’s been higher than 8 percent for 43 straight months.” 43 months and counting and the only reason why it is has gone up even more is that the participation rate is at a low not seen since 1981, those individuals who have just given up and left the work force is not counted. If they were, the actual unemployment rate would be over 11%.
“More presidential rhetoric, and a plea for more time, won’t heal our economy.”
Excepts of the GOP Weekly Address:
“The reality is that America is not better off than it was four years ago.
“Today, 23 million Americans are unemployed or underemployed. Many are our friends, neighbors, and family members.
“The undeniable truth is, President Obama is on track to have the worst jobs record of any President since World War II.
“When the President was hyping his so-called stimulus program, his economic team claimed unemployment would not go above 8 percent, and that it would be below 6 percent by now. Instead, it’s been higher than 8 percent for 43 straight months.
“It’s bad enough the stimulus money was wasted. Even worse, he borrowed the money, much of it from China.
“Household incomes have dropped by more than $4,000, while the cost of everyday living has gone up.
“Gasoline prices have gone up another 30 cents a gallon in just over a month. Americans recently paid the highest prices ever on a Labor Day weekend.
“One out of every seven people in America is now on food stamps.““For every year since he took office, President Obama has spent at least a trillion dollars more than Washington took in, all of it borrowed.
“Under his watch, government spends too much, borrows too much, and grows bigger every day.
“President Obama’s record of failure has come at a great cost to our country and our future.
“The President’s policies have failed to produce the results, accountability, and solutions the American people deserve. The Obama Administration is simply not moving our country forward.
“It’s been said that, faced with his record, the President has changed his hope and change message of four years ago to one of divide and conquer today.
“More presidential rhetoric, and a plea for more time, won’t heal our economy.”
Wake up America, Barack Obama did not but provide promises in 2008. During the 2012 DNC convention it was just more of the same and provided more empty promises.
Obama, Obamanomics & the Bias MSM: 173K New Food Stamp Recipients, 96k New Jobs & 368K Leave Work Force
Welcome to Obamanomics and the corrupt main stream media complex where suddenly the poor, down and out and homeless have suddenly disappeared from the media reporting. As reported at Breitbart.com, when the GOP is in the White House, the homeless and poor appear everywhere, when Democrats and especially Barack Obama is in the Oval Office, the poor suddenly disappear like magic. The Obama reality is 173,000 new food stamp recipients, 96,000 new jobs and 368,000 give up and quit the work force. Yet, no one in the MSM media wants to talk about it.
The media’s been even worse with Barack Obama. Not only have the homeless vanished from news coverage, but so have America’s poor. But as NBC’s David Gregory made clear, if you even try to bring up the record number of food stamp recipients Barack Obama’s failed policies have created, you’ll be labeled a racist.
What is a cold, hard fact, though, is that in the last accounting available to us (May), America’s food stamp rolls increased by 173,000. In the last jobs numbers available to us (August), only 96,000 new jobs were created.
Yes, this is the record of a president running for reelection with the slogan “Forward.”
Do your job, mainstream media, people are suffering.
Time to see the bigger moral world above your personal desire to see Obama reelected and report the truth.
But as the MSM and NBC’s David Gregory have made clear, if you even try to bring up the record number of food stamp recipients Barack Obama’s failed policies have created, you’ll be labeled a racist (Video).
47 million people are on food stamps, 1 out of every 6 Americans are on food stamps
Imagine, just imagine if a Republican president had the same economic numbers as Barack Obama does presently and the poor trending track record, they MSM would open every news segment is the headlines “FAILURE”!!! Ever segment would be devoted to the poor economic conditions and they would put a face to the plight. Instead, sadly we may have reached a point in this country where the MSM has tipped the scaled and become strictly a propaganda tool for the LEFT and whose sole purpose is to lie to the American people rather than inform them.
Remember when Thomas Jefferson said the following in 1787? Sadly, the MSM no longer covers news topics and issues as it was intended to do. They do so only if it furthers their political, bias agenda and protect and run cover for Democrats and Barack Obama. The MSM was supposed to to inform and protect the people against government, all government no matter what party, not be in bed with government.
The basis of our government being the opinion of the people, the very first object should be to keep that right; and were it left to me to decide whether we should have a government without newspapers, or newspapers without a government, I should not hesitate a moment to prefer the latter.
However, sadly and even more cynical … Barack Obama looks at a new food stamp recipient as a potential vote in his column. Another hooked American on a government giveaway and dependent on the federal government. What a sad state of affairs for America.