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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Tuesday, August 27, 2013

Obama's Economy — We've Fallen And We Can't Get Up - Investors.com

If this was Bush or another Republican the screams from the left and the Press would be deafening...Where are the jobs? But nooo, not with the Obamessiah. People are loath to even address the crisis. But the data is not happy at all....
Household incomes are still down 4.4% since the recession ended four years ago. Meanwhile, the unemployment picture may be even worse than we think. The Obama "recovery" continues to impress.

According to a report released this week by Sentier Research, the inflation-adjusted median household income remains $2,380 below where it stood when the Obama "recovery" officially started in June 2009 — a drop of 4.4%.
So what is the Obamessiah doing? Trying to centralize even more economic power in Washington, and this promises to impoverish the rest of the people. Socialism begets more socialism. I hope that all of you folks enjoy it!

Obama's Economy — We've Fallen And We Can't Get Up - Investors.com


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