The ravages of the Obama economy now mean that more Americans live under the federal poverty line than at any time in U.S. history since records have been kept. Under President Barack Obama, every fifth child in America now lives in poverty.
The Democrats took over the government not in January 2009 with Obama's election, but in January 2007, with control of the Senate and House. They destroyed, with Senator Obama's help, a good economy with a 4+ unemployment rate, but put Barney Frank in charge of an important finance committtee, and let Fannie and Fred continue their bad subprime loans.
It's the math, stupid
Wednesday, December 28, 2011
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3 comments:
It's the pot calling the kettle, Stupid! I've seen the graphs that tell the story of job loss in this country over the past 4 years. By the end of the Bush era this country was losing 700,000 jobs a week. And that loss continued for most of the last year of the Bush Admin. That trend took President Obama a year to turn around, but he has turned it around. Poverty growth came right along with job loss.
I mis-spoke,,, 700,000 jobs a month!
Must be reading Obama generated graphs. We started the bleed in 2007 as soon as the Democrats took over. He was helping.
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