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Getbig Main Boards => Politics and Political Issues Board => Topic started by: loco on October 14, 2014, 02:29:45 PM

Title: Voters are punishing Obama for this one economic failure
Post by: loco on October 14, 2014, 02:29:45 PM
"The biggest letdown on Obama's watch has been stagnant incomes, which is the one category he performs worst in. Disposable income per person, adjusted for inflation, has risen just 4.9% during Obama’s first six years, less than half the average of the five two-term presidents. To some extent that understates the problem with income, because DPI includes government subsidies that don’t come from work, such as unemployment compensation and disability payments. Both types of payments swelled during the last several years. Without them, Obama’s income number would be even worse."
http://finance.yahoo.com/news/voters-are-punishing-obama-for-this-one-economic-failure-150704224.html
Title: Re: Voters are punishing Obama for this one economic failure
Post by: Straw Man on October 14, 2014, 02:38:21 PM
How are voters punishing Obama when they re-elected him in 2012 and we haven't had an election since then


from the article

Quote
To Obama’s credit, he has tried to push policies meant to raise incomes, such as a higher federal minimum wage and more stimulus spending on construction projects. Republicans have blocked most of those efforts, citing cost issues and questions about whether they would ultimately help or hurt the economy.

It’s also worth asking whether any policy formulated in Washington — under any president — could solve the intractable problem of stagnant incomes, which was evident even before the recession that began at the end of 2007. Businesses now have the flexibility to hire workers wherever it’s cheapest, and they’re increasingly substituting technology for people. Washington is unlikely to change that.
Title: Re: Voters are punishing Obama for this one economic failure
Post by: loco on October 14, 2014, 04:48:36 PM
How are voters punishing Obama when they re-elected him in 2012 and we haven't had an election since then


from the article


Are you asking me?  I neither wrote the article nor picked the title.
Title: Re: Voters are punishing Obama for this one economic failure
Post by: Soul Crusher on October 15, 2014, 04:38:17 AM
How are voters punishing Obama when they re-elected him in 2012 and we haven't had an election since then


from the article


Obamacare has hurt wages moron
Title: Re: Voters are punishing Obama for this one economic failure
Post by: 240 is Back on October 15, 2014, 04:41:35 AM
Obamacare has hurt wages moron

is that why moderate liberals like Romney (and 80 other republican members of congress) are supporting Minimum Wage increases?
 
Title: Re: Voters are punishing Obama for this one economic failure
Post by: Vince G, CSN MFT on October 15, 2014, 06:59:06 AM
Obamacare has hurt wages moron


By preventing minimum wage from being moved up....oh wait that's the Republicans... ::)
Title: Re: Voters are punishing Obama for this one economic failure
Post by: Kazan on October 15, 2014, 07:02:25 AM

By preventing minimum wage from being moved up....oh wait that's the Republicans... ::)

Guess what you skill set dictates your earning potential, sorry but your skill set of flipping burgers is not in high demand
Title: Re: Voters are punishing Obama for this one economic failure
Post by: loco on October 15, 2014, 07:30:54 AM
Guess what you skill set dictates your earning potential, sorry but your skill set of flipping burgers is not in high demand

What is Vince's skill set, other than converting airsoft guns to real guns?
Title: Re: Voters are punishing Obama for this one economic failure
Post by: Soul Crusher on October 15, 2014, 07:31:03 AM
Guess what you skill set dictates your earning potential, sorry but your skill set of flipping burgers is not in high demand


Leftists think everyone is a burger flipper like they are.