Obama’s fake recovery, standard of living for everyone is tanking

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No economic upturn, and minorities, those hit hardest by the Obama “recovery” still consider him a deity.  Poverty is being redistributed upward AND downward. Ignorance is bliss, but exceedingly destructive to our nation.

Excerpt:  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%.

Sentier’s monthly data, derived from the Census Bureau’s Current Population Survey, show that incomes fell more in the year after the recovery started than it did during the recession itself. And household incomes have basically flat-lined ever since.

“As the unemployment rate and the duration of unemployment remained high,” the authors note, “median annual household income continued its decline.”

The picture gets even grimmer the deeper you dive into the data. The most vulnerable groups — blacks, Hispanics, female-headed families and the young — have fared far worse under Obama than everyone else.

Read full article “IF THIS IS RECOVERY, GOD SAVE US FROM A SLOWDOWN” here.

America’s fiscal cliff and the President’s “balanced” solution

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https://i0.wp.com/cdn2-b.examiner.com/sites/default/files/styles/image_content_width/hash/f1/41/1354424929_5249_Geithner.jpgThis is an excerpt of an article I wrote for Examiner.com
Excerpt:  President Obama, Harry Reid and the Democrats in the Senate, have, for three years, refused to pass, or even seriously propose or discuss a budget as required each year by law. This has necessitated the need for continuing resolutions to keep our government running as it reaches its borrowing limits. Following the last debt ceiling crisis, the plan for sequestration was enacted as an incentive for Congress and the President to enact legislation that both parties believed would put us on a sustainable economic path. The January 1, 2013 deadline looms, as the can has once again been kicked down the road.
Each time, the Democrats have used the debt crisis to demonize the Republicans, as the President is doing now, blaming them for the stalemate. This is both a political and tactical maneuver to advance his liberal, progressive spending goals and he has no intention of changing direction.
The President campaigned on a “balanced approach” to the crises that he and the Democrats created. His proposal, as presented by Treasury Secretary Geithner, was to increase taxes by $1.6 trillion, mostly on the job creators, spend an additional $25 billion on failed stimulus projects, defer the sequestration spending cuts and maybe reduce some “unspecified” entitlement spending. He also proposed the removal of the requirement for Congressional approval for debt ceiling increases.
Read my full Examiner.com article here.

Pennsylvania and Ohio will become rich states if they vote for Romney

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I hope that the people of Pennsylvania and Ohio know the amount of natural resources they have beneath their feet. The author of this piece, Joe Miller, knows what he is talking about. He is from Alaska, the only state that does not have a state sales or state income tax. The government and services are financed by the royalties from their oil production. A vote for Romney sounds like a no-brainer to me.

Excerpt: Voters in Pennsylvania and Ohio have a unique opportunity to make themselves energy producing giants this Tuesday, if they vote for the right candidate.

As geologists and energy experts probe what’s under the ground in these two states, it is becoming apparent they are sitting on huge reserves of natural gas. In addition to gas, they already have huge reserves of other forms of fossil fuels.

But in particular, the gas is near the surface and easy to obtain. If there is willing government cooperation from Washington DC, these states will be booming due to energy production. State treasuries would be overflowing with royalties from the billions in energy sold.

Read the full article here.