Thursday, December 5, 2013

OBAMA PROMISES MORE LIES, CON JOBS and LOOTING BY HIS WALL STREET DONORS! Obama: Income gap a ‘fundamental threat’ | TheHill

Obama: Income gap a ‘fundamental threat’ | TheHill


HOPE and CHANGE and endless lies and con jobs as his WALL STREET DONORS’ LOOTING of AMERICA CONTINUES!

Having presided for the past five years over an unprecedented growth of social inequality, President Barack Obama, down in the polls because of popular indignation over his fraudulent health care “reform,” adopted the unlikely pose of tribune of egalitarian values in a speech on Wednesday at the pro-Democratic Party Center for American Progress in Washington DC.

 

http://mexicanoccupation.blogspot.com/2013/12/the-bankster-owned-president-for-1.html

 

In typical fashion, Obama decried the growth of inequality in America as though he were an innocent bystander and had absolutely no role in the process he was criticizing. The most remarkable aspect of the speech was the contempt for the intelligence of the American people it expressed.

Report: Almost half of U.S. families earning below 250 percent of poverty level

By JOSEPH LAWLER | DECEMBER 4, 2013 AT 12:42 PM
More than half of American families live on less than $60,000 a year, and almost half have earnings that are just two and a half times the federal poverty level, according to a study released by the Hamilton Project on Wednesday, when President Obama is scheduled to take the podium to draw renewed attention to income inequality in America.

The study is meant to draw attention to the conditions faced by "the struggling lower middle class" of Americans who are not technically impoverished and are mostly working but still face economic hardship and are at risk of falling below the official poverty line, which is $23,550 this year for a family of four, according to the Census Bureau.
It comes out the same day that Obama is slated to give a speech the White House is billing as a follow-up to his 2011 speech in Osawatomie, Kan., in which he sketched out an economic agenda that included counteracting rising inequality and stagnating wages and "rebuilding the middle class." On the campaign trail in 2012, Obama referred to "middle out" economics -- that is, the idea that economic growth is fostered by strengthening the middle class -- as the guiding principle of his economic policy.'

The Hamilton Project, a left-of-center outfit associated with the Brookings Institution in Washington, adds some context to the state of the lower-middle class with Tuesday's report.

The study's four authors write that this group, comprising families who earn between $15,000 and $60,000 depending on family size, are "not officially poor" but still "experience limited economic security. One major setback could thrust them into economic chaos."

The report assembles facts that mark struggling lower-income families as separate from poor families, and facing distinct challenges. Among them:

• Unlike poor families, which are predominantly headed by single mothers, more than half of families earning between 100-250 percent of the federal poverty level are headed by married couples.

• While only 12 percent of the heads of struggling lower-income families are bachelor's degree earners, almost half received some college education.

• In 37 states and the District of Columbia, more than one child in four faces food insecurity, meaning that he faces limited or uncertain access to adequate food.

• The struggling middle class faces the highest marginal tax rates of any group because of the way transfer payments and support programs like Medicaid and the Earned Income Tax Credit phase out as earnings increase. Ten percent of families with earnings between 100 and 149 percent of the poverty level have marginal tax rates of 60 percent or higher.

• That problem is especially acute for single parents, who can face marginal tax rates as high as 95 percent if they earn slightly more than the poverty level.


POVERTY IN THE BURBS…you are next and an illegal is next in your job!

OBAMAnomics at work: SOARING RICHES FOR THE 1%, SOARING UNEMPLOYMENT FOR AMERICANS (LEGALS), SOARING PROFITS and CRIMES FOR OBAMA’S BANKSTER DONORS and SOARING TAXES TO PAY FOR MEXICO’S WELFARE STATE IN OUR BORDERS!

Much of the rise in suburban poverty is due to the impoverishment of working families already living there. The decline in manufacturing, the Great Recession, and widespread foreclosures have left many longtime suburban families reeling


Much of the rise in suburban poverty is due to the impoverishment of working families already living there. The decline in manufacturing, the Great Recession, and widespread foreclosures have left many longtime suburban families reeling.

HERITAGE FOUNDATION: OBAMA’S AMNESTY WOULD ADD 100 MORE ILLEGALS AND COST AMERICANS (Legals) BILLIONS AND BILLIONS


NEXT TO DRUGS, MEXICO’S BIGGEST EXPORTS IS POVERTY, CRIMINALS and ANCHOR BABY BREEDERS = 18 YEARS OF GRINGO-PAID WELFARE!

The danger, as Washington Post economics columnist Robert Samuelson argues, is that of “importing poverty” in the form of a new underclass—a permanent group of working poor… AMNESTY IS ONLY ABOUT KEEPING WAGES FOR LEGALS DEPRESSED!

Heritage: Amnestied Illegals Will Get $9.4T in Benefits; Increase Debt $6.3T'

what is the REAL cost of all that “CHEAP” Mexican labor? Add it up and then factor in the MEXICAN CRIME TIDAL WAVE and the fact that the MEXICAN  now operate in 2,500 American cities!

more at this link – post on your Facebook and email broadcast


 
McDONALD’S URGES MISERABLY PAID EMPLOYEES TO LOOT GRINGO WELFARE TO MAKE UP THE DIFFERENCE!
 
 
 
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’S ASSAULT ON THE AMERICAN WORKER: To build the LA RAZA PARTY BASE of ILLEGALS, DESTROY THE  GOP, AND KEEP WAGES DEPRESSED WITH ENDLESS HORDES OF MEXICANS JUMPING OUR BORDERS, JOBS and WELFARE LINES!

 
http://mexicanoccupation.blogspot.com/2013/10/amnesty-its-all-about-keeping-wages.html

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