Feb 082014

These are using the government’s statistics. These numbers are horrendous:

Bloomberg: “Statistics Released Today By The Census Bureau Present A Portrait Of A Stagnant Economy With Poverty Remaining High And Incomes Sluggish Four Years Into The Recovery.” “Statistics released today by the Census Bureau present a portrait of a stagnant economy with poverty remaining high and incomes sluggish four years into the recovery from the worst slump since the Great Depression.” (John McCormick, “U.S. Poverty Remains High As Incomes Stall,” Bloomberg, 9/17/13)

Since President Obama Took Office, Median Household Income Has Declined By $3,827 From $56,124 In January 2009 To $52,297 In December 2013. (Gordon Green and John Coder, “Household Income Trends Series: November 2013,” Sentier Research, 1/23/13)

Per Capita Income Shrank By $2,030 Since Obama Became President, A 6.9 Percent Decline. (U.S. Census, Accessed 1/13/14)

The Poverty Rate Has Increased To 15 Percent, From 13.2 Percent, Since Obama Became President. (U.S. Census, Accessed 1/13/14)

The Number Of People In Poverty Reached A Record Level Of 46.5 Million In 2012 After 6.7 Million Had Fallen Into Poverty Since Obama Became President. (U.S. Census, Accessed 1/13/14)


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