The Telegraph
October 29, 2014
Life under Obama sucks.
The numbers prove it.
America is over Obama.
53% of Americans think Obama is doing a bad job with the economy.
When Obama took office the poverty rate was at 14.3%
Today, the poverty rate is 14.5%
When Obama took office, the black poverty rate was 25.8%
Today the black poverty rate is 27.2%
Under Obama, the only group to see their median income rise is the top 10%
Under Obama, the share of income tax paid by the middle class, according to the IRS, has risen.
According to the Federal Reserve, 2010-2013, middle class income stagnated.
According to the Federal Reserve, 2010-2013, lower class incomes have fallen.
Share of wealth in the top 3% has grown from 51.8% in 2007, to 54.4% in 2013.
Share of wealth in bottom 90% fell from 33.2% in 1989, to 24.7% in 2013.
In 2009, the labor participation rate was 65.7%.
Today, labor participation is 62.7%. Millions of Americans have quit looking for work.
Obamanomics does not work. Under Obama, the rich have benefited the most.
Liberals should be asking what Obama has done for them.
Conservatives should be asking what Obama has done for and to the economy; over-spent and over regulated.
Since 2009, Obama is on the verge of playing more rounds of golf than Tiger Woods.
http://www.telegraph.co.uk/news/worldne ... ve-it.htmlStatistics: Posted by Ddawg — Wed Oct 29, 2014 6:09 pm
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