Well imagine my surprise, when it was recently pointed out to me, in my finding out that income inequality here in the U.S. actually grew four times faster during the first three years of the era of Barry "Almighty" than it did under Bush. And I was even further surprised, even shocked, to find out that that is according to figures published in, of all places, the New York Times. So here again we have yet another example, and right here at home, that socialism is nothing more than abject failure. And while it sounds all warm and fuzzy, it simply doesn't work. And make no mistake here, bringing socialism to America has been part of Barry's plan to "fundamentally transform" this country since day one of his presidency.
Now the Times reached this conclusion by comparing the median wage—which measures the income of a household in the middle of the income scale—and the average wage, which tallies all income and divides it by the number of earners. As society has grown more unequal, the average wage has grown relatively more quickly, while median wages have grown more slowly, and in real terms has actually stagnated. As the newspaper reports, "From 2001 through 2008, during the George W. Bush administration," the ratio of mean to median income "grew at 0.28 percentage point per year. From 2009 through 2011, the latest year for which the data is available, the ratio increased 1.14 percentage points annually, or roughly four times faster."
And it wasn't that long ago that the Census Bureau made note of the fact that there has been a rather significant growth in the percentage of households here in the US which now have at least one unemployed family member. The report, entitled America’s Families and Living Arrangements: 2012, found that from 2005 to 2011, the number of households with children under 18 where at least one parent was unemployed rose from 2.4 million to 3.2 million. In some states, the increase was even more dramatic. Nevada, for example, had a 148 percent increase in families affected by unemployment, Hawaii had a 95 percent increase, and California had a 61 percent increase.
This same report also noted that the number of households with children that owned their own homes plunged by 15 percent during the same time period. There was also a significant increase in the number of young people living with their parents, resulting from a fall in incomes and reduced job prospects. The percent of men aged 25 to 34 living in their parents’ homes increased from 13 percent in the early 2000s to 17 percent in 2012. The report also noted that food stamp usage by children of married parents nearly tripled—from 4 percent to 11 percent—since 2002. We now have over 47 Million people who are receiving food stamps and over 100 Million Americans who really on some form of government subsistence.
The much-rumored economic "recovery" has led to falling wages, speedups and increasingly altered labor practices. The jobs which have accounted for the majority of employment since the end of the recession have been composed mainly of part-time and low-paying service industry work. According to data from the Bureau of Labor Statistics, in the period from June to July of this year, over 148,000 full-time jobs were eliminated, while in their place over 534,000 part-time positions were added. A big reason for is that many employers are desperate to get out from under that wonderful little thing hysterically referred to as, The Affordable Care Act, aka Obamacare. Another bit of socialism from Barry.
Last year the National Employment Law Project released a report finding that 60 percent of all positions added to payrolls since 2008 have been classified as "low-wage," paying between $7.69 and $13.83 per hour. Likewise, "middle-income jobs," those accounting for the majority of positions lost during the financial crisis, have made up barely 20 percent of jobs added during the "recovery." And something else that I think worth mentioning is the fact that since Barry first strutted his cool self into the Oval Office, those who comprise our national workforce has been reduced by roughly 10 Million workers. That that many people could have left the workforce in the span of 4 years is absolutely mind-boggling.
So I guess I'm more than just a tad bid curious about whether all of those geniuses who voted for this ass, not once but twice, if this is what they all had in mind went voting for "Hope and Change" and in favor of this country being "fundamentally transformed." Because this socialist hero of theirs has done absolutely nothing but to take what was an already struggling economy and to then drive a stake right through its heart. But I guess none of that really matters, since, by golly, we elected, and then re-elected, our first black president. Apparently, it seems to matter very little that he is the most corrupt and divisive individual to ever hold that office. Nor that he hates this country and seems to be hell-bent on destroying it. At least he's black!
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