Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

During Obama’s Presidency Wealth Inequality has Increased and Poverty Levels are Higher
CounterPunch ^ | February 26, 2016 | Rick Baum

Posted on 07/21/2017 7:32:13 PM PDT by RC one

Troubling and significant statistics produced by the government indicate important facts about our political system and its priorities. Unfortunately, these statistics often get little coverage in the media. What coverage is provided usually only focuses on the current year and might include comparison with the previous year.

Two such sets of government statistics cover wealth distribution and poverty. These statistics have a margin of error and do not account for the up and down fluctuations in the economy nor changing historical conditions or limitations of what any president can do.

What is perhaps most critical are the trends. These trends show that wealth has become more concentrated and more people are deemed by the government to be poor.

(Excerpt) Read more at counterpunch.org ...


TOPICS: Business/Economy
KEYWORDS: economy

1 posted on 07/21/2017 7:32:13 PM PDT by RC one
[ Post Reply | Private Reply | View Replies]

To: All
Click The Pic

2 posted on 07/21/2017 7:33:45 PM PDT by ButThreeLeftsDo (MAGA!!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RC one

That IS the goal of Socialism! They succeeded, Fie to the lot of them!


3 posted on 07/21/2017 7:39:32 PM PDT by Shady (We WON the Battle, Now let's WIN THE WAR!!!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RC one

To the left, that is a feature, not a bug.

I think that most young leftists support socialism because they fantasize that they would be the ones at the top, living the high life, sneering (compassionately) at the downtrodden masses. They don’t visualize themselves as being one among those masses—even though that’s where they will actually end up.


4 posted on 07/21/2017 7:46:54 PM PDT by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RC one

It must mean that those with a mind to do so, are working again and prospering while those that are on the gubmint dole can’t even get theyselves an 0bamaphone no mo!

Dat’s sad!


5 posted on 07/21/2017 8:03:01 PM PDT by Pilgrim's Progress (http://www.baptistbiblebelievers.com/BYTOPICS/tabid/335/Default.aspx D)
[ Post Reply | Private Reply | To 1 | View Replies]

To: exDemMom; Shady
Let's reflect on what 8 years of a Democrat President got us: increased illegal immigration, a national heroin addiction epidemic with an associated increasing murder rate in our biggest cities, a generation of kids that can't figure out which bathroom to use, record high increase in food stamp use, the lowest workplace participation rate in decades, the first decrease in the American life expectancy in decades, an increase in the suicide rate, a decrease in middle class wages, etc, etc, etc,

Now we're supposed to pretend that none of that happened and believe their "Better Deal" BS? I don't think so.

6 posted on 07/21/2017 8:06:30 PM PDT by RC one (The 2nd Amendment is a doomsday provision, one designed for those exceptionally rare circumstances)
[ Post Reply | Private Reply | To 4 | View Replies]

To: exDemMom

So the socialist hope and change imbeciles are worse off while Obama hit the jackpot yet they would vote him in for life if they could. Liberalism is truly a mental disease and the US Government is the worlds largest organized crime racket.


7 posted on 07/21/2017 8:06:47 PM PDT by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Pilgrim's Progress

George Bush started the “Obamaphone” program btw and Jeb Bush happened to be well positioned with trac phone at the time. conveniently.


8 posted on 07/21/2017 8:08:00 PM PDT by RC one (The 2nd Amendment is a doomsday provision, one designed for those exceptionally rare circumstances)
[ Post Reply | Private Reply | To 5 | View Replies]

Well duh if only we had gotten an addition 100 million on food stamps/ebt cards every thing would be alright.


9 posted on 07/21/2017 8:43:17 PM PDT by TnTnTn
[ Post Reply | Private Reply | To 8 | View Replies]

To: RC one
That story didn't take long ;-/

Where's the one about all the new homeless people?

Ed

10 posted on 07/21/2017 10:22:27 PM PDT by husky ed (FOX NEWS ALERT "Generalissimo Francisco Franco is still dead" THIS HAS BEEN A FOX NEWS ALERT)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RC one

I completely agree, the calls we get for the Fire Dept to which I have belonged for 25+ years for heroin ODs is freightening...where does the smack come from? Not a lot of opium poppy farms in the USA..


11 posted on 07/22/2017 6:40:13 AM PDT by Shady (We WON the Battle, Now let's WIN THE WAR!!!!)
[ Post Reply | Private Reply | To 6 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson