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Negative $4,019 - Obama years brutal for the middle class.
WSJ ^ | 8/24/2012 | Staff

Posted on 08/25/2012 8:19:46 AM PDT by GlockThe Vote

In January 2009, the month President Obama entered the Oval Office and shortly before he signed his stimulus spending bill, median household income was $54,983. By June 2012, it had tumbled to $50,964, adjusted for inflation. (See the chart nearby.) That's $4,019 in lost real income, a little less than a month's income every year.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Government; Miscellaneous; News/Current Events
KEYWORDS: middleclass; obamamiddleclass
4 MORE YEARS, 4 MORE YEARS, 4 MORE YEARS!!!!!!
1 posted on 08/25/2012 8:19:52 AM PDT by GlockThe Vote
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To: GlockThe Vote

That’s a teenager working a part-time job at the old minimum wage vs. being unemployed at the new minimum wage.


2 posted on 08/25/2012 8:22:39 AM PDT by gusopol3
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To: GlockThe Vote

Obama doesn’t give a flying rat’s a$$ about people that actually earn what they get paid...they’re TAXPAYERS, the unclean ones to be stripped of their ill-gotten gains even if they are decreasing. He’ll squeeze them harder, that’s all.

The leeche the sloth, the user, abuser and loser - in short, the typical Obama-base voter - the welfare loser is his boon.

The Obama voter hasn’t seen this decline...to the contrary, their subsistence has gone up. More on WICs, UIC, EITC, SNAP, TANF, Section 8, ObamaPhone, ObamaUtilities, fraudulent SSI/SSDI/Medicade and on and on and on and on.

All conveniently co-located in an EBT....they’re doing very well indeed!


3 posted on 08/25/2012 8:26:48 AM PDT by Gaffer
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To: gusopol3

That is a family who cant take a vacation, cant do anything extra at all.

FUBO!!!!!

FUABRs!


4 posted on 08/25/2012 8:29:51 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: Gaffer

My business is off by way more than 4k since this piece of S$% was elected.


5 posted on 08/25/2012 8:32:45 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: FReepers; Patriots; FRiends

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6 posted on 08/25/2012 8:37:25 AM PDT by onyx (FREE REPUBLIC IS HERE TO STAY! DONATE MONTHLY! IF YOU WANT ON SARAH PALIN''S PING LIST, LET ME KNOW)
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To: GlockThe Vote

I fully believe it. But as I said, he doesn’t care about you. He just wants more and more of your money because you are “lucky” “have won life’s lottery”, etc. You weren’t going to vote for him anyway. /s


7 posted on 08/25/2012 8:38:11 AM PDT by Gaffer
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To: Gaffer

I hate him, his grifting street thug wife, everyone in his Admn, his voters, and anyone remotely supportive of this regime.


8 posted on 08/25/2012 8:50:48 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote

I’m doing alright this year. But like you and everyone else, I could be doing much better. I suspect if Zero and the dems get kicked to the curb in Nov and (this one is a big if) the republicans get spending and taxes under control business will explode.

I am currently quoting projects that have start dates of next year. The buyers are telling me they won’t commit or sign contracts till “late this year” now... They won’t tell you why, but if you read between the lines you might be able to figure out why.

From what I am seeing business is quietly preparing for a Romney win.


9 posted on 08/25/2012 8:58:03 AM PDT by cableguymn
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To: GlockThe Vote

Join the club FRiend.....once I find out someone voted for him or is a Democrat, I do NOTHING for them, won’t even speak to them. Friend? No frigging way.

My dear mother who passed in 2010 hated this man. She liked Romney (both disliked McLame) even though I wasn’t so hot on him.

I want nothing more than to go to her grave after election day and to sit down and tell her “He’s gone.”


10 posted on 08/25/2012 8:58:13 AM PDT by Gaffer
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To: Gaffer

I already lost a few friends over my hatred of this communist thug.

Mostly guilt ridden white libs in Westchester County who are thinly veiled communists once you scratch the surface. Have nad nothing to do w them in 4 years and don’t give one S$5 about it.


11 posted on 08/25/2012 9:07:53 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote

How about the trillions of dollars in debt this disaster of a president has run up for U.S. families to pay for generations? Shouldn’t that be added to the bill?


12 posted on 08/25/2012 9:13:41 AM PDT by txrefugee
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To: txrefugee

Agreed. But his cult base could care less.


13 posted on 08/25/2012 9:19:50 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote

I think I’ll claim it as a loss on my income taxes.


14 posted on 08/25/2012 9:24:23 AM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: mass55th

Obama and his cabal of communists, marxists, maoists, 94’rs, govt leeches, and tax sponges are intent on collapsing this nation.


15 posted on 08/25/2012 9:27:39 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote

War on the middle class.


16 posted on 08/25/2012 10:23:16 AM PDT by gusopol3
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To: Gaffer

“once I find out someone voted for him or is a Democrat, I do NOTHING for them, won’t even speak to them. Friend? No frigging way.”

I’m the same way; the differences are irreconcilable. I literally have nothing in common with them (and would be ashamed if I did). In my family (in-laws and outlaws) there are no political debates; everyone is more or less on the same page.


17 posted on 08/25/2012 12:17:30 PM PDT by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: GlockThe Vote

“Mostly guilt ridden white libs in Westchester County who are thinly veiled communists once you scratch the surface.”

I live nearby in NJ, and I’ll tell you there is nothing “communist” about these people. They want property taxes high enough to keep negroes out of their neighborhood, but certainly don’t believe in further re-distributing their wealth. They are often just elitists, nothing more complicated than that.


18 posted on 08/25/2012 12:20:16 PM PDT by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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