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Author Topic: Under Obama, Poor, Middle Class Incomes Fall Sharply  (Read 4890 times)

James

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Under Obama, Poor, Middle Class Incomes Fall Sharply
« 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
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Soul Crusher

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #1 on: October 02, 2012, 11:03:17 AM »
 :D
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Frank Clairmonte

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #2 on: October 02, 2012, 11:04:50 AM »
 ::) omg
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MB

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #3 on: October 02, 2012, 11:33:10 AM »
Turns out that unemployment doesn't pay as much as an actual job. 
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GigantorX

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #4 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?
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arce1988

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #5 on: October 02, 2012, 04:37:46 PM »
  USA is fucked.
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bike nut

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #6 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
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jude2

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #7 on: October 02, 2012, 06:53:52 PM »
It's ok he will blame it on Bush.
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tbombz

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #8 on: October 02, 2012, 07:01:45 PM »
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Soul Crusher

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #9 on: October 02, 2012, 07:02:33 PM »
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tbombz

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #10 on: October 02, 2012, 07:04:08 PM »
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tbombz

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #11 on: October 02, 2012, 07:04:48 PM »
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tbombz

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #12 on: October 02, 2012, 07:05:30 PM »
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Soul Crusher

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #13 on: October 02, 2012, 07:06:24 PM »
Quote from: tbombz on October 02, 2012, 07:05:30 PM


We never had a month of 400k jobs.   
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tbombz

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #14 on: October 02, 2012, 07:07:26 PM »
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Viking11

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #15 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..
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tbombz

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #16 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
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tbombz

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #17 on: October 02, 2012, 07:11:18 PM »
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tbombz

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #18 on: October 02, 2012, 07:12:42 PM »
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tbombz

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #19 on: October 02, 2012, 07:13:23 PM »
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tbombz

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #20 on: October 02, 2012, 07:14:40 PM »
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tbombz

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #21 on: October 02, 2012, 07:17:31 PM »
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tbombz

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #22 on: October 02, 2012, 07:30:25 PM »
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Schnauzer

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #23 on: October 02, 2012, 07:35:55 PM »
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tbombz

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Re: Under Obama, Poor, Middle Class Incomes Fall Sharply
« Reply #24 on: October 02, 2012, 07:36:46 PM »
id love to suck that dudes cock
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