Wednesday, July 31, 2013

Obama's Economic Policies Are Hurting the Middle Class More Than Anyone Else


http://www.policymic.com/articles/57181/obama-s-economic-policies-are-hurting-the-middle-class-more-than-anyone-else

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According to a new survey from the Associated Press (AP), fully 80% of Americans are near poverty, rely on welfare, or are unemployed amid signs of deteriorating economic security and an elusive American dream. More than 19 million whites fall below the poverty line of $23,021 for a family of four – accounting for more than 40% of America’s poor – nearly double the number of poor blacks.
This data underlines one very scary point: As President Barack Obama pivots toward economic recovery for a 19th time, the result will be the same. How can he fix things? Drop his extremist ideological devotion to Keynesian economic theory and tries something different.
What amazes me though is that the very economic policies that the Obama administration has advocated “to grow the middle class” have never been stronger. The federal government is spending more money (in both hard dollars and as a percentage of GDP) than ever before. Rules and regulations from the Securities and Exchange Commission (SEC) to the Environmental Protection Agency (EPA) have never been more aggressive. The Federal Reserve’s monetary intervention is so entrenched with the economy it is now fully in sync with the stock markets’ action on a daily basis.
is this a fair assumption, why when something positive is done there is a reluctance to credit Pres. alone it's the Democrats but let something negative get in there and it's Obama's fault he failed to do this or that.  if not for total obstruction would this article have ever seen the light of day
when actually he has to have cooperation of others to do anything even executive orders.  we all know that the republican promise made to us in '08 that their first job would be to make him a one term Pres., that having failed they now are trying to ruin his legacy.
the debt limit republicans are fighting against paying bills they already approved and trying to lay it off on the Pres., they are sinking the country Pres. is trying to build it back up, and he's the bad guy, this is where common sense is suppose to kick in, did it?
which still involves ruining our economy and us, what amazes me is who many actually saw that treasonous agenda as ok and still don't seem to realize this is hurting them to and those that do realize seem not to care if they lose those things that kept the family going, is that because of radical ideals or just hate is stronger then survival if so that is the real Kamikaze's
Yet the labor force participation rate – which measures the number of working age Americans (16-64) actively working or looking for work – is the lowest it’s been in more than 30 years. Barely half the U.S. population is paying any taxes on income. For the first time in history, there are more Americans collecting welfare (101 million, or about a third of the country) than there are adults working full-time in the private sector (97 million, or less than half of adults).
once more for clarity would this be an issue if not for all the obstruction on the right wing?  recognize