Posted on 06/15/2012 7:50:46 PM PDT by Kaslin
Round about this time in the election cycle, a presidential challenger finds himself on the stump and posing a simple test to voters: "Ask yourself are you better off now than you were four years ago?"
But, in fact, you don't need to ask yourself, because the Federal Reserve Board's Survey of Consumer Finances has done it for you. Between 2007 and 2010, Americans' median net worth fell 38.8% or from $126,400 per family to $77,300 per family. Oh, dear. As I mentioned a few months ago, when readers asked me to recommend countries they could flee to, most of the countries worth fleeing to Americans can no longer afford to live in.
Which means we'll just have to fix things here. How likely is Barack Obama to do this? A few days ago he came to Cleveland, a city that is a byword for economic dynamism, fiscal prudence, and sound government. He gave a 54-minute address that tried the patience even of the most doting court eunuchs.
"One of the worst speeches I've ever heard Barack Obama make," pronounced MSNBC's Jonathan Alter, as loyal Democrat attendees fled the arena to volunteer for the ObamaCare death-panel pilot program.
In fairness to the president, I wouldn't say it was that much worse, or duller, or more listless and inert than previous Obama speeches. In fact, much of it was exactly the same guff he was peddling when Jonathan Alter's pals were still hailing him as the world's greatest orator. The problem is the ever widening gulf between the speech and the slough of despond all about.
Take, for example, the attempt at soaring rhetoric:
(Excerpt) Read more at news.investors.com ...
Hasn’t fixed anything in 3 years and has only made things far worse in 3 years.
Chance he can fix anything? ZERO...........
The real question is how likely is Obama to worsen America’s problems. It’s already happened.
At the moment, Barack Obama is America’s #1 problem (along with the mentality that elected him).
He’s not fixing the problems - he IS the problem.
And as long as he’s in office and crapping all over the United States, those problems will only get worse.
Between 2007 and 2010, Americans’ median net worth fell 38.8%
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And the news media NEVER points out that the election of 2006 gave the Dems control of the House and Senate! The Dems wrote and passed the bills that caused the huge increase in spending in Bush 43’s last two years, but all of the problems since have been blamed on the Bush Admin.
Why don’t Pubs and Conservatives constantly point out that the troubles “inherited” by BHO were caused by the Dems?
Exactly, if anyone is to blame its the democrats and Barack Oblame-o, because he was in the Senate when these bills were passed
So
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