Total idiot.You believe it never happened, or if it did, because Obama got elected? Total RW idiocy, just like this crap.
I believe you are an ignorant fool with scant grasp on the world around him. We had a recession that started in 2007. We did not have a depression in 2008, or even in 2009 when Obama REALLY fucked things up.That you have no knowledge of history nor economics notwithstanding.
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With very few exceptions, the situation of poorest of poor Americans is much better than the situation of the poor in almost all other countries of the world including the developed ones. This includes those working full time.
This article provides some insights that make you wrong on just about everything in your entire post. China is the world's second largest economy and, unless we turn things around, will pass the U.S. within the next 10 years.
China is richer, but most Chinese are still poor