MISSION ACCOMPLISHED: Barack Obama Has Destroyed the US Middle Class
Under Barack Obama the Middle Class in America has been decimated.
The Obama record– More pain, More poverty, More suffering.
** 1 in 2 working Americans make less than $30,000 a year.
** More Children Live in Poverty Today Than During 2008 Recession
** Obamanomics in Action: Worst Labor Force Participation Rate Since 1977
** Obamanomics in Action… More Young Adults Live at Home Than in 2009
** Obamanomics in Action: One in Five US Families Not Working
** Obamanomics in Action: Real Hourly Income Down 10% Under Obama
** Obamanomics in Action: 11.4 Million Americans Have Left Workforce Since Obama Took Office
** OBAMANOMICS IN ACTION: Typical US Household Worth One-Third Less Than Under Bush
** Obamanomics in Action… One-Fifth of Middle Class Falls into Poverty
=> It’s no surprise that 2 out of 3 Middle Class, working class districts in America vote Republican.
The US Middle Class is no longer the majority in the United States – Obama changed that.
The LA Times reported:
The nation’s middle class, long a pillar of the U.S. economy and foundation of the American dream, has shrunk to the point where it no longer constitutes the majority of the adult population, according to a new major study.
The Pew Research Center report released Wednesday put in sharp relief the nation’s increasing income divide, which is certain to be a central issue in the 2016 presidential race. It also highlights how various economic and demographic forces have eroded long-held ideals about maintaining a strong, majority middle class.
Many analysts and policymakers regard the shift as worrisome for economic and social stability. Middle-income households have been the bedrock of consumer spending, and many liberals in particular view the declining middle as part of a troubling trend of skewed income gains among the nation’s richest families.
Median-income voters, particularly non-college-educated men, are also at the core of billionaire Donald Trump’s surprising surge in the Republican presidential campaign. His supporters’ sense that their once-secure middle-class standing is in danger of slipping appears to be fueling much of the anger against the government and immigrant groups.