Thursday, September 04, 2014

Economic Hope and Change (Still) Sucks for the Little Guy (or Gal)

Here is the inevitable outcome of Obamanomics or Pelosinomics or whatever you wish to call the redistributive, regulatory-heavy economic policy that we've had foisted on us by Democrats since 2006, especially so since the Lightworker arrived to salve our broken souls in 2008.
Only the rich saw their incomes benefit from the economic recovery during 2010-2013, as earnings stagnated or fell for all others, a report from the Federal Reserve showed today.
Median income adjusted for inflation rose 2 percent to $223,200 for the wealthiest 10 percent of households from 2010 to 2013, the Fed said today from Washington in its Survey of Consumer Finances. The bottom 60 percent saw the biggest declines.
2010-2013.  That falls squarely in the heart of the Obama Era, when lightworking was in full swing and had full control over the apparatus of government.  Whoops.

Of course, I've been predicting and then chronicling all along the inevitable outcome, most notably here and here.

We get what we deserve (or at least you do, I am doing fine in the era of Obama as a member of the 3% or maybe 4%, can't say for sure).  Don't like this state of affairs?  Well, then don't vote like an idiot, specifically, don't get taken in by charlatan political hucksters just because of their skin color (or their gender).


Post a Comment

<< Home