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Exclusive: 4 in 5 in US face near-poverty, no work [OBAMANOMICS!]
ap/big story ^ | 7/28/13 | HOPE YEN

Posted on 07/28/2013 9:19:33 AM PDT by SoFloFreeper

Four out of 5 U.S. adults struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.

Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor and loss of good-paying manufacturing jobs as reasons for the trend.

The findings come as President Barack Obama tries to renew his administration's emphasis on the economy, saying in recent speeches that his highest priority is to "rebuild ladders of opportunity" and reverse income inequality.

Hardship is particularly on the rise among whites, based on several measures. Pessimism among that racial group about their families' economic futures has climbed to the highest point since at least 1987. In the most recent AP-GfK poll, 63 percent of whites called the economy "poor."

(Excerpt) Read more at bigstory.ap.org ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: fail; jobs; obamaeconomytour; poverty; unemployment
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To: SoFloFreeper

Republicans only hope is that they will find their voice and criticize Obama in 2016.

Before then in fact.

Criticize Obama now.


41 posted on 07/28/2013 12:53:16 PM PDT by Cringing Negativism Network
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To: PGR88
While racial and ethnic minorities are more likely to live in poverty, race disparities in the poverty rate have narrowed substantially since the 1970s, census data show.

Ah, there you go. Obama has succeeded in bringing the races together--in misery, that is.
42 posted on 07/28/2013 1:11:56 PM PDT by rightwingintelligentsia (Truth/Lies; Liberty/Tyranny--WHAT DIFFERENCE DOES IT MAKE??)
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To: ProtectOurFreedom

Small businesses who pay into the unemployment roles for thier workers “who are working” are now paying a yearly assessment tax to the state unemploment agencies to reinburse the feds for unemployment costs across the board. The crisis they have generated is now sucking hard earned money from all areas to fund dependency


43 posted on 07/28/2013 3:09:26 PM PDT by ronnie raygun (w)
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To: drewh
How come that still says Stalin (Сталин) and nobody made a version that says Обама yet?
44 posted on 07/28/2013 8:17:55 PM PDT by Olog-hai
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To: TwelveOfTwenty

Yes, but God is going to have to apologize to Sodom if he lets this nation walk. He was a little too rough on them by comparison.


45 posted on 07/28/2013 9:04:40 PM PDT by Sequoyah101
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To: Sequoyah101

He would have spared Sodom for the sake of 10 righteous men, if they could have been found. We are way down the wrong path, but I don’t think we’re that far gone.


46 posted on 07/29/2013 3:05:56 PM PDT by TwelveOfTwenty
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To: TwelveOfTwenty

As a percentage of the population maybe?

I don’t know.


47 posted on 07/29/2013 3:28:01 PM PDT by Sequoyah101
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To: VerySadAmerican

They’re afraid of Obama mobilizing the feral inner city kids to end up swamping suburbia via mass riots. Obama can’t be thrown off, we just have to suffer through and make sure he leaves the white house (whether he likes it or not).

“For him to have this much power there is someone or some “thing” giving him this power.”

Enablers who helped him get to the top without actually having to put in honest work, that is how he got there.


48 posted on 03/25/2014 1:32:33 PM PDT by CorporateStepsister (I am NOT going to force a man to make my dreams come true)
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