The only people Obama ever cared about were his Liberal-Rich Thieves, Muslims, Homosexuals, Marxists, Illegal Invaders, Abortionists, and Gibsmedats.
Especially the latter. They have received Trillions in unearned entitlements and welfare giveaways since he took power. He hated the Middle Class, and always will. It is now being systematically destroyed.
Remember what Mark Levin told us:
YOU CAN’T HAVE TYRANNY UNTIL YOU DESTROY THE MIDDLE CLASS.
However, that decline has not been as easy as I think the dems were expecting. And now, it appears we may come roaring back .. if the GOPe don’t sell us out.
Most of the middle class around me are using credit card just to survive. Is that a decline of the middle class? I damn sure believe so when the charges are for necessities to maintain home and equipment.
When Bush was President, my wife and I had a combined 6-figure income. After 5 years of unemployment and food stamps, I’ve finally gotten back on my feet and am making half of what we were making during the Bush years.
Raising taxes, increasing spending, more government programs are exactly the opposite of what should be done.
Blemish, I think not. It is one of his major accomplishments.
The decline of the white middle class under this administration is conscious, willful and maliciously planned by the administration’s controlling liberal donors. This administration has initiated an ongoing Third World conquest which was the true meaning of the statement “the transformation of America.” Simply look at those placed in positions of authority-Third World!
The worst president in HISTORY.
EAT DIRT OBAMA! YOU AND YOUR FOOD-NAZI WIFE!
Strange thing is, Obama isn't running in 2016 and he is working very hard to make lots of enemies in his second term. Enemies that are likely to see all Democrats as enemies because the Congressional Democrats have supported Obama at every turn.
Don't you worry about that; lord Obama is working hard to stamp out that growth!
200,000 pages of new regulations every year; your president and his loyal administration is working hard every day to make sure no one gets rich off the back of poor (or hires the poor either).
Check column 7 will he mention in his State of You'n Us speech the massive loss of jobs while he was ignoring the economy to force Obamacare on our Republic? If you take into account the 2007 number of Employed full time 121621 [thousands] Obama's job creation numbers are negative.
The table attempts to bring together numerous federal gov't sources.
The hyperlinks do not work here. Use this FR thread for the sources to keep this reply from being even bigger. here.
The data are annualized except when noted otherwise. All are monthly or quarterly. I use the last month / quarter of the year.
Taking into account the year preceding the administrations, compare the first six years of Reagan and Obama. Examples: using these spread sheet formulas:
(1986 value - 1980 value) / 1980 value and
(2014 value - 2008 value) / 2008 value
I get
If you take into account the 2007 number of Employed full time 121621 [thousands] Obama's number would be negative. About all that happened is despite Obama most of the jobs lost in the first few years of his admnistration were recovered by the end of 2014.
Gee. How come Obama had such big decreases in (Col 9.) Unemployed and (Col 10) Unemployed looking for full-time work? Guess.
Col 11 and Col 12 are the Unemployment rate and Unemployment rate of the full-time labor force, respectively. The rest of the columns are:
No Reagan years and includes Bush with Obama,
Simple addition of GDP percentages divided by six
Simple addition of GDP Personal consumption expenditures (PCE) percentage of GDP divided by six, seasonally adjusted at annual rates
In a consumer economy this is a critical factor. Consumption for personal goods and services. Thank goodness for Obamacare. :(
| Year |
|---|
| 1980 |
| 1981 |
| 1982 |
| 1983 |
| 1984 |
| 1985 |
| 1986 |
| 1987 |
| 1988 |
| 2007 |
| 2008 |
| 2009 |
| 2010 |
| 2011 |
| 2012 |
| 2013 |
| 2014 |
| Year |
| 2. |
|---|
| 168693 |
| 170990 |
| 173046 |
| 174950 |
| 177133 |
| 178941 |
| 181365 |
| 183467 |
| 185253 |
| 232937 |
| 234825 |
| 236739 |
| 238712 |
| 240431 |
| 244169 |
| 246564 |
| 248843 |
| 2. |
| 3. |
|---|
| 107442 |
| 109057 |
| 110959 |
| 112160 |
| 114257 |
| 116211 |
| 118587 |
| 120593 |
| 122488 |
| 153645 |
| 154723 |
| 153591 |
| 153803 |
| 153995 |
| 155450 |
| 154989 |
| 156258 |
| 3. |
| 4. |
|---|
| 63.7 |
| 63.8 |
| 64.1 |
| 64.1 |
| 64.5 |
| 64.9 |
| 65.4 |
| 65.7 |
| 66.1 |
| 66.0 |
| 65.9 |
| 64.9 |
| 64.4 |
| 64.0 |
| 63.7 |
| 62.9 |
| 62.8 |
| 4. |
| 5. |
|---|
| 99499 |
| 100077 |
| 99120 |
| 102588 |
| 105944 |
| 108023 |
| 110492 |
| 113527 |
| 115947 |
| 146272 |
| 144091 |
| 138368 |
| 139155 |
| 140669 |
| 143303 |
| 144205 |
| 147344 |
| 5. |
| 6. |
|---|
| 59.0 |
| 58.5 |
| 57.3 |
| 58.6 |
| 59.8 |
| 60.4 |
| 60.9 |
| 61.9 |
| 62.6 |
| 62.8 |
| 61.4 |
| 58.4 |
| 58.3 |
| 58.5 |
| 58.7 |
| 58.5 |
| 59.2 |
| 6. |
| 7. |
|---|
| 82648 |
| 82799 |
| 80606 |
| 83997 |
| 87458 |
| 89259 |
| 91297 |
| 93914 |
| 95927 |
| 121621 |
| 118281 |
| 110906 |
| 111655 |
| 113269 |
| 115610 |
| 116826 |
| 119707 |
| 7. |
| 8. |
|---|
| 16843 |
| 17262 |
| 18409 |
| 18556 |
| 18487 |
| 18778 |
| 19194 |
| 19660 |
| 20053 |
| 24727 |
| 25836 |
| 27423 |
| 27444 |
| 27355 |
| 27684 |
| 27378 |
| 27657 |
| 8. |
| 9. |
|---|
| 7943 |
| 8981 |
| 11839 |
| 9572 |
| 8312 |
| 8188 |
| 8095 |
| 7066 |
| 6541 |
| 7374 |
| 10633 |
| 15223 |
| 14649 |
| 13326 |
| 12146 |
| 10784 |
| 8914 |
| 9. |
| 10. |
|---|
| 6612 |
| 7491 |
| 10111 |
| 8017 |
| 6891 |
| 6697 |
| 6586 |
| 5635 |
| 5236 |
| 6009 |
| 9009 |
| 13444 |
| 12867 |
| 11521 |
| 10338 |
| 9171 |
| 7478 |
| 10. |
| 11. |
|---|
| 7.4 |
| 8.2 |
| 10.7 |
| 8.5 |
| 7.3 |
| 7.0 |
| 6.8 |
| 5.9 |
| 5.3 |
| 4.8 |
| 6.9 |
| 9.9 |
| 9.5 |
| 8.7 |
| 7.8 |
| 7.0 |
| 5.7 |
| 11. |
| 12. |
|---|
| 7.4 |
| 8.3 |
| 11.1 |
| 8.7 |
| 7.3 |
| 7.0 |
| 6.7 |
| 5.7 |
| 5.2 |
| 4.7 |
| 7.1 |
| 10.8 |
| 10.3 |
| 9.2 |
| 8.2 |
| 7.3 |
| 5.9 |
| 12. |
| 13. |
|---|
| 61252 |
| 61933 |
| 62087 |
| 62790 |
| 62876 |
| 62730 |
| 62778 |
| 62874 |
| 62765 |
| 79291 |
| 80102 |
| 83148 |
| 84908 |
| 86436 |
| 88719 |
| 91575 |
| 92584 |
| 13. |
| pop. |
|---|
| 227220 |
| 229470 |
| 231660 |
| 233790 |
| 235820 |
| 237920 |
| 240130 |
| 242290 |
| 244500 |
| 301230 |
| 304090 |
| 306770 |
| 309330 |
| 311590 |
| 313910 |
| 316160 |
| 319470 |
| pop. |
| labor1 | labor1 | |
|---|---|---|
| N | N | |
| N | N | |
| N | N | |
| N | N | |
| N | N | |
| N | N | |
| N | N | |
| N | N | |
| N | N | |
| 123524 | 22810 | |
| 121211 | 22138 | |
| 116663 | 21290 | |
| 117006 | 22153 | |
| 118033 | 22647 | |
| 119844 | 23216 | |
| 120636 | 23787 | |
| 122558 | 24890 | |
| labor1 | labor1 | |
| force | force | |
| domestic | foreign | |
| born | born | |
| [1000s] | [1000s] |
| PR2 |
|---|
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| 68.2 |
| 67.9 |
| 67.2 |
| 67.8 |
| 67.4 |
| 66.4 |
| 66.1 |
| 65.9 |
| PR2 |
| UR2 |
|---|
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| 4.7 |
| 7.6 |
| 11.0 |
| 10.6 |
| 8.8 |
| 8.0 |
| 6.5 |
| 5.3 |
| UR2 |
| income3 |
|---|
| 47,668 |
| 46,877 |
| 46,751 |
| 46,425 |
| 47,866 |
| 48,761 |
| 50,488 |
| 51,121 |
| 51,514 |
| 56,436 |
| 54,423 |
| 54,059 |
| 52,646 |
| 51,842 |
| 51,759 |
| 51,939 |
| N |
| income3 |
| median income |
| Recession |
|---|
| Jan to Jul '80 |
| Jul 1981 to |
| Nov 1982 |
| - |
| - |
| - |
| - |
| - |
| - |
| Dec 2007 |
| to |
| Jun 2009 |
| - |
| - |
| - |
| - |
| - |
| Year |
|---|
| 1980 |
| 1981 |
| 1982 |
| 1983 |
| 1984 |
| 1985 |
| 1986 |
| 1987 |
| 1988 |
| 2007 |
| 2008 |
| 2009 |
| 2010 |
| 2011 |
| 2012 |
| 2013 |
| 2014 |
| Year |
| GDP |
|---|
| -0.2 |
| 2.6 |
| -1.9 |
| 4.6 |
| 7.3 |
| 4.2 |
| 3.5 |
| 3.5 |
| 4.2 |
| 1.8 |
| -0.3 |
| -2.8 |
| 2.5 |
| 1.6 |
| 2.3 |
| 2.2 |
| 5 |
| GDP |
| % chg |
| PCE |
|---|
| 3.32 |
| -1.8 |
| 4.51 |
| 4.06 |
| 3.29 |
| 0.62 |
| 1.62 |
| 0.57 |
| 2.93 |
| 0.34 |
| -3.16 |
| -0.01 |
| 2.79 |
| 0.94 |
| 1.32 |
| 2.51 |
| 2.21 |
| PCE |
| U-6 |
|---|
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| 8.8 |
| 13.6 |
| 17.1 |
| 16.6 |
| 15.2 |
| 14.4 |
| 13.1 |
| 11.2 |
| U-6 |
| U-2 |
|---|
| 3.9 |
| 4.8 |
| 6.4 |
| 4.5 |
| 3.7 |
| 3.4 |
| 3.3 |
| 2.6 |
| 2.5 |
| 2.5 |
| 4.3 |
| 6.3 |
| 5.7 |
| 4.9 |
| 4.2 |
| 3.5 |
| 2.8 |
| U-2 |
| SSDI |
|---|
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| N |
| 823,106 |
| 895,011 |
| 985,940 |
| 1,052,551 |
| 1,025,003 |
| 979,973 |
| 884,894 |
| 810,973 |
| SSDI |
1labor: If second labor column (foreign born) is not shown hover the labor (domestic numbers) for foreign born numbers.
Source: to find the tables go here Data Retrieval: Labor Force Statistics (CPS)
HOUSEHOLD DATA Table A-7. Employment status of the civilian population by nativity and sex, not seasonally adjusted [Numbers in thousands]
Employment status and nativity. Then
Scroll down to "Retrieve Data"
The data that I include above are from the month of December except for 2014 where November is the last month with data available.
2 PR Civilian labor force participation rate, foreign born and UR unemployment rate, foreign born. See 1 for source.
3income: For the Census Bureau income data go here. Choose "Consumer Income Reports (P60)" then choose "P60-249 Income and Poverty in the United States: 2013" (pdf file).
Setup article for sotu speech. I expect to see a ton of articles tomorrow about the disastrous future for the middle class. Reagan, bush, and rich people will be blamed. Then while its fresh on people’s mind obama will roll out his “fix” for the problem Tuesday. Media will say the democrats are so courageous for taking the problems the middle class are facing head on and media paid analysts will say the presidents bold plan will work and it’s great. They will say this is want the middle class is calling for and if the republicans don’t pass it then they are racist and hate poor people.
How this regime works. Just another nail in Americas coffin
That is like prescribing arsenic to treat cyanide poisoning!
The middle class has been targeted for destruction. We don’t serve the purposes of the self-appointed elites. They’d like to wipe us out directly, but that would be too obvious so we are being dragged through a prolonged decline that is both financial and spiritual.
Doing to the American Kulaks what Stalin did to the Russians without the gulags...yet.
Obama started his presidency with a million Middle class speeches ,will he end it the same way
More Class warefare with double, nay..... triple punishment taxes for success
The children of the Middle Class have not been able to get jobs after graduating from college, so the economy will not recover. This is the group that gets married, buys a home, starts a family, and begins climbing the income ladder. With 25% of graduates unemployed or under employed, this growth has been crippled and the time lost for these earners is irreplaceable.
His GOAL was to destroy the American middle class.
Lady Liberty is being RAPED..... AND
Uncle Sam Sodomized and
America does not want get involved..