🚀 go-pugleaf

On 10/19/2012 3:56 PM, Petzl wrote:
> On Fri, 19 Oct 2012 10:47:50 -0600, private sector's doing 'fine'
> <whislting@grave.yd>  wrote:
>
>> On 10/18/2012 1:30 PM, Phlip wrote:
>>>> Mr. Obama told Americans in 2009 that if he did not turn around the
>>>> economy in three years his Presidency would be "a one-term proposition."
>>>
>>> He "turned around" the recession -
>>
>> You're going to LEARN today, you lying Dem-o-turd:
>>
>> http://online.wsj.com/
>
> What help have the Republicans given Obama to achieve Obama's goal?



http://online.wsj.com/

Mr. Obama told Americans in 2009 that if he did not turn around the 
economy in three years his Presidency would be "a one-term proposition." 
Joe Biden said three years ago that the $830 billion economic stimulus 
was working beyond his "wildest dreams" and he famously promised several 
months after the Obama stimulus was enacted that Americans would enjoy a 
"summer of recovery." That was more than three years ago.

In early 2009 soon-to-be White House economists Ms. Romer and Mr. 
Bernstein promised Congress that the stimulus would hold the 
unemployment rate below 7% and that by now it would be 5.6%.

REVIEW & OUTLOOKUpdated August 24, 2012, 6:53 p.m. ET.

Negative $4,019
The Obama years have been brutal on middle-class incomes..

The Presidential race is boiling down to one dominant issue: which 
party's policies will do more to help the financially stressed American 
middle class. President Obama's campaign theme is that Mitt Romney and 
the Republicans cater to the rich, while Mr. Obama cares about 
struggling families.

He may care, but he sure hasn't done much for them. New income data from 
the Census Bureau, tabulated by former Census income specialists at the 
nonpartisan economic consulting firm Sentier Research, reveal that the 
three-and-a-half years of the Obama Presidency have done enormous harm 
to middle-class households.
In January 2009, the month President Obama entered the Oval Office and 
shortly before he signed his stimulus spending bill, median household 
income was $54,983. By June 2012, it had tumbled to $50,964, adjusted 
for inflation. (See the chart nearby.) That's $4,019 in lost real 
income, a little less than a month's income every year.