When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Wednesday, September 5, 2012

Obama and the Downward Spiral For America

Obama's Accelerating Downward Spiral For America - Forbes: "New income data from the Census Bureau reveal what a great job Barack Obama has done for the middle class as President.  During his entire tenure in the oval office, median household income has declined by 7.3%. In January, 2009, the month he entered office, median household income was $54,983.  By June, 2012, it had spiraled down to $50,964.  That’s a loss of $4,019 per family, the equivalent of losing a little less than one month’s income a year, every year.  And on our current course that is only going to get worse not better."

If it truly is the "economy election," Obama is doomed.

    

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