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Obama Recovery Turns 5: Are You Better Off?
Investor's Business Daily ^ | 07/22/2014 | John Merline

Posted on 07/22/2014 6:27:35 AM PDT by IBD editorial writer

In a speech last week in Delaware, President Obama was positively bursting with pride about what his policies have produced since the economic recovery started five years ago.

What Obama didn´t say in his speech is that [snip] many Americans are doing a whole lot worse than they were when Obama's economic recovery began five years ago.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: economy; income; jobs; obama
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1 posted on 07/22/2014 6:27:36 AM PDT by IBD editorial writer
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To: IBD editorial writer

Personally?
I have never been so down and out in my entire life.

But I aint done yet. LOL


2 posted on 07/22/2014 6:29:39 AM PDT by mylife
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Comment #3 Removed by Moderator

To: IBD editorial writer

No. If Clinton, Bush, the Rats and the GOP hadn’t crashed the economy, and 0, the Rats, and the GOP hadn’t made it even worse, I would be making a lot more money. I had 3 pay freezes and a lay-off thanks to the “recovery”. In addition to my lower pay, everything costs so much more.


4 posted on 07/22/2014 6:33:59 AM PDT by demshateGod (The fool hath said in his heart, There is no God.)
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To: mylife

I lost 30% of my income due to Obama, my brother lost 100%.

DIRECTLY DUE TO OBAMA POLICIES.


5 posted on 07/22/2014 6:35:03 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: mylife

Same here; I know few people who aren’t in the same boat. The only ones better off are government workers (those that survivied the layoffs) - they are the only ones left with salaries that kept pace with the unreported inflation, enjoying benefits that disappeared for the American workers that pay them decades ago. Here in NJ the economy has collapsed because there just aren’t enough public school teachers, cops and such to keep open all of the restaurants and other places where Americans used to spend their discretionary dollars.

The northeast will be the last part of the country to recover (if it ever does).


6 posted on 07/22/2014 6:36:04 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: IBD editorial writer

Yes, but his policies had nothing to do w it. My disposable income jumped due to getting rid of my kids support wise.


7 posted on 07/22/2014 6:36:08 AM PDT by DownInFlames
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To: MrB

I liked it better under the Carter administration. LOL


8 posted on 07/22/2014 6:36:37 AM PDT by mylife
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To: mylife

I am watching my entire life’s work slowly melt before me.

My paycheck doesn’t go half as far as it did before this idiot was elected. My investments have a higher numerical value, but in an “inflated” world, the true value of such instruments is nearly impossible to calulate.

If the stock market crashes, and it will sometime soon, then all of that DJIA at 17K is meaningless.

The only real assets are guns and ammunition.


9 posted on 07/22/2014 6:36:43 AM PDT by Ouderkirk (To the left, everything must evidence that this or that strand of leftist theory is true)
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To: IBD editorial writer

The recovery died in the womb.


10 posted on 07/22/2014 6:36:52 AM PDT by dfwgator
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To: MrB

Static income and steadily increasing prices are my main impacts.


11 posted on 07/22/2014 6:38:13 AM PDT by luvbach1 (We are finished. It will just take a while before everyone realizes it.)
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To: IBD editorial writer

Yes, I am doing better. Despite, not because of the Obama administration.


12 posted on 07/22/2014 6:38:33 AM PDT by jdsteel (Give me freedom, not more government.)
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To: IBD editorial writer

Make thousands less than I did 4 years ago. 26 year old daughter.and husband can’t find jobs making more tha $12 an hour. Yeah, things are great. Lower your expectations in the Obama economy America!


13 posted on 07/22/2014 6:38:38 AM PDT by subterfuge (Hey NSA snoop, get a real job you idiot!)
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To: Ouderkirk

I’m still trying to figure out the criteria that establishes a ‘recovery’.


14 posted on 07/22/2014 6:38:41 AM PDT by Right Brother
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To: Ouderkirk

That’s what I keep telling people. They say “gold, gold, gold”. No. When the zombies come, and they will come, they won’t be swayed by your coins.


15 posted on 07/22/2014 6:39:02 AM PDT by demshateGod (The fool hath said in his heart, There is no God.)
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To: kearnyirish2

Sorry to hear of your troubles.

This guy has been a disaster and we haven’t reaped all of it yet.


16 posted on 07/22/2014 6:39:21 AM PDT by mylife
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To: IBD editorial writer

Personally? Yep. Significantly. No thanks to him though...


17 posted on 07/22/2014 6:40:43 AM PDT by Wyatt's Torch
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To: mylife

18 posted on 07/22/2014 6:40:59 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: mylife

Lefties would look at my post about losing income due to Obama and say “good!”.


19 posted on 07/22/2014 6:41:40 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: IBD editorial writer

Meanwhile I wonder what the weather is like in Martha’s Vineyard this time of year?


20 posted on 07/22/2014 6:42:47 AM PDT by skeeter
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