P@triot
Diamond Member
- Jul 5, 2011
- 61,489
- 11,691
- Thread starter
- #681
Except that during the Reagan Administration, personal wealth increased significantly. Under the Obama Administration, the only thing we've seen increase is unemployment, food stamps, and poverty.And more overwhelming evidence that failed liberal policy creates poverty...
#5 The price of ground beef has doubled since 2009.
#7 Incomes fell for the bottom 80% of all income earners in the United States during the 12 months leading up to June 2014.
#9 After adjusting for inflation, median household income has fallen by nearly $5,000 since 2007.
#10 According to the New York Times, the “typical American household” is now worth 36% less than it was worth a decade ago.
#11 47% of all Americans do not put a single penny out of their paychecks into savings.
#12 One survey found that 62% of all Americans are currently living paycheck to paycheck.
So why are savings down, median household incomes down, and people unable to put money into savings over the past decade? Because for the past decade we've been under the Obama reign of terror (and part of that included the uber nightmare of Nancy Pelosi and Harry Reid as well). Obamacare caused healthcare prices to skyrocket. Their assault on fossil fuels and subsequent subsidization of the failed "green" energy sector has caused energy prices to skyrocket. And both have results in millions completely out of work and millions more underemployed. It is simply liberal economic policy resulting in what liberal economic policy always results in: more poverty, more misery.
19 Signs American Families Are Being Economically Destroyed
Simple...Republicans since Reagan have worked to keep wages low
It is part of their supply side economics