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1 posted on 09/28/2012 7:21:17 AM PDT by tobyhill
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To: tobyhill

Not only is our actual dollar income down.
What we have left has lost a lot of purchasing power thanks to the devaluation of the dollar and resultant inflation.

In the Obama Dictatorship gas prices have doubled and food prices are up by 25% to 100% but the government says there isn’t really any significant inflation!


2 posted on 09/28/2012 7:35:40 AM PDT by Iron Munro (US Embassies Come and Go But An Obama Apology Lasts Forever)
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To: tobyhill
I heard Bob Woodward talking about Obama's only meeting with business leaders. Instead of an actual conference they had been invited to watch the super bowl in the White House.

CEOs from several companies were left milling around eating and talking for some time. When Obama entered he greeted them shook hands and went to sit down in front with friends. When David Steinberg )CEO Verizon and SnappCloud) complained to Valerie Jarret that he came for a conference and was only given 15 seconds with the President she replied, "You should consider yourself lucky to be in the same room with him!"

4 posted on 09/28/2012 7:44:51 AM PDT by Baynative
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To: tobyhill
Actually, our income has gone tremendously under the Obama admin. My husband works for a bank and his income has been cut in half. His base salary is $30,000 and he used to get a percentage for every loan he closed (which averaged for the year another $30,000.) New banking regulations put in place by the O Admin makes it more difficulty for those on commission to earn a “bonus” because they are considered “fat cats” already. Sorry, but he works his tail off (12+ hours a day) to help people secure a loan and all he gets is grief from the client, because they feel just because they bank there they should automatically get a loan (whether they qualify or not.) *takes breath* </rant> Sorry...off my soapbox.
5 posted on 09/28/2012 7:46:27 AM PDT by N8VTXNinWV (President Obama is the greatest hoax ever perpetrated on the American people. ~ CE)
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To: tobyhill

“Taking into account inflation, after-tax incomes actually fell 0.3 percent in August, the poorest performance since November.”

Of course, they are probably still underestimating inflation, so this figure is surely even lower.


7 posted on 09/28/2012 8:19:51 AM PDT by Boogieman
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