Income inequality
grows four times faster under Obama than Bush
The study noted that, in the aftermath of the Great
Depression, the US undertook policies “during the New Deal [that] permanently
reduced income concentration until the 1970s.” In contrast, the study noted a
striking absence of any measures to reign in social inequality in the present
crisis. Far from it, the Obama administrations’ bank bailouts, austerity
program and wage-cutting policies have vastly expanded the prevalence of social
inequality.
OBAMA HAS PROMISED LA RAZA BLANKET AMNESTY OR CONTINUED
NON-ENFORCEMENT.
http://mexicanoccupation.blogspot.com/2013/09/obamas-life-serving-looting-wall-street.html
In fact, real median household income dropped in
every year of Obama's first term. In 2008, when he was elected, it was $53,644.
In 2009, the year he was inaugurated, it dropped to 53,285. In 2010, his second
year in office, it dropped to $51,892. In 2011, his third year in office, it
dropped to $51,100. And, in 2012, his fourth year in office, it dropped to
$51,017. At the same time the number of people living in poverty in the United
States increased. In 2008, according to the Census Bureau, there were
approximately 39,829,000 people living in poverty in this country. In 2012,
there were 46,496,000. That is an increase of approximately 6,667,000—of 16.73
percent—from 2008 to 2012.
THE ENTIRE REASON BEHIND THE
DEMS’ AND NOW GOP’S PLAN FOR AMNESTY IS TO KEEP THEIR CORPORATE PAYMASTERS
HAPPY WITH THE DEPRESSED WAGES THAT 40 MILLION OCCUPYING MEXICANS CAUSE!
Obama’s plan for long-term jobless: A teaspoon to bail out the ocean
By Patrick Martin
1 February 2014
The heavily publicized meeting between President Obama and several hundred corporate CEOs and other business leaders will do little or nothing to alleviate long-term unemployment. Those out of work for six months or more, the nominal beneficiaries of the effort, are only slightly more likely to get a job thanks to the Obama administration than they are to be struck by lightning.
REALITY of HOPE & CHANGE…. will
we survive Wall Street’s ongoing looting?
State of the Union: A bankrupt
ruling class talking to itself
30 January 2014
President Barack Obama’s State of the Union speech was a cynical
propaganda piece, filled with fraudulent claims and promises that no one, least
of all his audience at the US Capitol, believes in the slightest.
LEHMAN BROTHERS Obama’s
partners for the looting of America for the 1%
Five years
since the collapse of Lehman Brothers…. WALL STREET’S PLUNDER of AMERICA UNDER
OBAMAnomics ONLY LOOKS BRIGHTER!
HE
WILL GO DOWN IN HISTORY AS THE BIGGEST CON JOB THAT WAS EVER ELECTED TO THE
PRESIDENCY, AND NOTHING MORE THAN BUSH’S THIRD and FOURTH TERM.
HIS
WILL BE THE GOLDEN AGE OF WALL STREET’S LOOTING OF AMERICA DURING WHICH TIME
MILLIONS OF AMERICANS LOST THEIR JOBS AND THEN WERE HANDED THE TAX BILLS TO PAY
FOR OBAMA’S DONORS’ WALL STREET CRIMES!
The labor
share of national income has fallen from 62 percent before the eruption of the
financial crisis to around 59 percent today. With US gross domestic product at
about $15 trillion, this means that some $450 billion has been gouged out of
the working class to finance the further enrichment of the financial
aristocracy.
No comments:
Post a Comment