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Getbig Main Boards => Politics and Political Issues Board => Topic started by: James on October 02, 2012, 10:57:50 AM

Title: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: James on October 02, 2012, 10:57:50 AM: Despite repeated promises that he would build prosperity from the bottom up, President Obama has presided over three years of income losses for the middle class, according to the latest household income data from the Census Bureau.

Since 2009, the middle 20% of American households saw their average incomes drop 4%. In 2011 alone, they fell 1.7%. The poorest 20% have fared even worse under Obama, Census data show. Their incomes have dropped more than 7% since 2009, and are now lower than they've been at any time since 1985, after adjusting for inflation.

Read More At IBD: http://news.investors.com/100212-627662-under-obama-poor-middle-class-incomes-fall-sharply.aspx#ixzz28AKbKI1q
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: Soul Crusher on October 02, 2012, 11:03:17 AM: :D
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: Frank Clairmonte on October 02, 2012, 11:04:50 AM: ::) omg
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: MB on October 02, 2012, 11:33:10 AM: Turns out that unemployment doesn't pay as much as an actual job.
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: GigantorX on October 02, 2012, 04:09:31 PM: Quote from: MB on October 02, 2012, 11:33:10 AM
Turns out that unemployment doesn't pay as much as an actual job.

I thought that Nancy Pelosi declared that more people on U.E. benefits = better economy?
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: arce1988 on October 02, 2012, 04:37:46 PM: USA is fucked.
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: bike nut on October 02, 2012, 04:38:31 PM: Quote from: GigantorX on October 02, 2012, 04:09:31 PM
I thought that Nancy Pelosi declared that more people on U.E. benefits = better economy?

That was Obama's Secretary of Agriculture Tom Vilsack
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: jude2 on October 02, 2012, 06:53:52 PM: It's ok he will blame it on Bush.
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:01:45 PM: (http://www.teamsters174.org/2012/images/007-July/job-growth-chart.jpg)
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: Soul Crusher on October 02, 2012, 07:02:33 PM: Quote from: tbombz on October 02, 2012, 07:01:45 PM
(http://www.teamsters174.org/2012/images/007-July/job-growth-chart.jpg)

Worst on record.
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:04:08 PM: (http://assets.bostatic.com/frontend/projects/jobs-chart/jobs-graph-callout-3.png)
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:04:48 PM: (http://www.pensitoreview.com/Wordpress/wp-content/themes/mimbo2.2/images/chart-job-growth-bush-obama.jpg)
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:05:30 PM: (http://markcz.com/blog/obama-racine-midterm-election-warmup/bush-obama-job-growth.jpg)
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: Soul Crusher on October 02, 2012, 07:06:24 PM: Quote from: tbombz on October 02, 2012, 07:05:30 PM
(http://markcz.com/blog/obama-racine-midterm-election-warmup/bush-obama-job-growth.jpg)

We never had a month of 400k jobs.
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:07:26 PM: (http://blogs-images.forbes.com/kenrapoza/files/2012/01/chart-of-the-day-unemployment-rate-vs-job-growth-jan-6-2012.jpg)
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: Viking11 on October 02, 2012, 07:09:41 PM: Worst job growth on record? Check out Bush's last year, his father's reign or better yet this period known as the Great Depression..
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:09:50 PM: Quote from: 333386 on October 02, 2012, 07:06:24 PM
We never had a month of 400k jobs.
may 2010, look it up
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:11:18 PM: (http://www.pensitoreview.com/Wordpress/wp-content/themes/mimbo2.2/images/Natl_Debt_Chart.jpg)
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:12:42 PM: (http://sagamorejournal.files.wordpress.com/2010/02/jobs_graph_flipped.gif)
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:13:23 PM: (http://www.pensitoreview.com/Wordpress/wp-content/themes/mimbo2.2/images/graph-863k-jobs-created-09-101.jpg)
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:14:40 PM: (http://2.bp.blogspot.com/-XYm4IIJ4UnI/UEzKm9smuqI/AAAAAAAABKI/Qvs8q00Z4Ps/s1600/debt_chart_presidents.jpg)
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:17:31 PM: (http://cdn.theatlantic.com/static/mt/assets/jamesfallows/DeficitChart.png)
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:30:25 PM: (http://www.globalpost.com/sites/default/files/imagecache/gp3_full_article/initial_jobless_claims_graph_jpeg.jpg)
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: Schnauzer on October 02, 2012, 07:35:55 PM: (http://i3.photobucket.com/albums/y88/candidate2025/tayaug17.jpg)
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:36:46 PM: id love to suck that dudes cock
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: Soul Crusher on October 02, 2012, 07:40:10 PM: http://thehill.com/homenews/administration/259741-biden-middle-class-has-been-buried

VP says middle class has been buried.
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 07:47:35 PM
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: Soul Crusher on October 02, 2012, 07:49:33 PM: Quote from: tbombz on October 02, 2012, 07:47:35 PM

No wonder this nation is screwed.
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: Natural Man on October 02, 2012, 07:50:30 PM: nobody s going to save you from what s coming but yourself.
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 02, 2012, 08:20:09 PM: Quote from: uberman on October 02, 2012, 07:50:30 PM
nobody s going to save you from what s coming but yourself.

one only has what one earns.

dont mean we shouldnt combine resources to protect a basic standard of living.
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: The Abdominal Snoman on October 02, 2012, 09:31:03 PM: When the Mexican's take over America as the majority, what will America be like?
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: Coach is Back! on October 02, 2012, 09:33:47 PM: Quote from: The Abdominal Snoman on October 02, 2012, 09:31:03 PM
When the Mexican's take over America as the majority, what will America be like?

See Calif.
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: Bevo on October 02, 2012, 10:09:59 PM: Quote from: The Coach on October 02, 2012, 09:33:47 PM
See Calif.

Yep basically a shit hole for the most part!
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: Coach is Back! on October 02, 2012, 10:15:23 PM: Quote from: Bevo on October 02, 2012, 10:09:59 PM
Yep basically a shit hole for the most part!

Actually, its a beautiful state. The liberal fuckheads in our government are and have ruined it. We're already close to bankrupt but they keep spending us into oblivion. This state is fiscally fucked.
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: Bevo on October 02, 2012, 10:32:11 PM: Quote from: The Coach on October 02, 2012, 10:15:23 PM
Actually, its a beautiful state. The liberal fuckheads in our government are and have ruined it. We're already close to bankrupt but they keep spending us into oblivion. This state is fiscally fucked.

I agree I was being a bit sarcastic , lol. I was raised in Thousand Oaks , I love california just wish like u said govt and politics are so screwed! Sad part is a lot of misinformed people from that state don't see it and those white guilt f ags keep driving the state further down...

California should be an example to others not to follow..
Title: Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
Post by: tbombz on October 03, 2012, 01:35:22 PM: Quote from: The Coach on October 02, 2012, 10:15:23 PM
Actually, its a beautiful state. The liberal fuckheads in our government are and have ruined it. We're already close to bankrupt but they keep spending us into oblivion. This state is fiscally fucked.
if it wasnt for the republicans blocking all attempts to raise taxes then there wouldnt be an issue. :-*