2.6 million went into poverty
46.2 million total in poverty
13.1 million unemployed
46.2 million on food stamps
nearly 36 month of unemployment above 8%
1.1 fewer private sector jobs
than when Obama took office
Lower Middle Income down since 2009
1.5 Million personal bankruptcies
1 out of 4 mortgages underwater
Cost of medical care up 9.47%
Higher Federal salaries
The Middle Class Got Poorer under Barack Obama
President Obama has given countless speeches waxing eloquently on the middle class. But
his administration has produced a new form of class warfare: a nonstop barrage of economic
policies that enriched unions, empowered bureaucrats and invested billions in the business
schemes of Obama’s financial backers, but made America’s middle class smaller, poorer and
less stable than it was before Obama took office. For every time that Obama says “middle
class” on Tuesday night, we should recall the extreme distance between his beautiful rhetoric and the grubby reality of his record.
Tags: Barack Obama, Failed leadership, the facts, middle class, 2012, State of the Union, Democrats, Unemployment, Debt, Spending, Government To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
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