[Pontiac]

New data from the Fed show that only the top 10 percent of American earners have seen their incomes rise under Obama. The rest of us have taken a pay cut.

Actually I would bet that it would be closer to the top 5 percent of wage earners.

I am in the top 10 percent ($116,000) and I know that my raises in the last 5 years have been 0-3% (and no it was not because of poor performance). That is well below the inflation rate.

Then if we include the new ObamaCare taxes I am certainly in the wage cut category. My insurance deductible when from $1500 to 3500 per person. I consider that a tax used to provide insurance to lower income persons. That is at least potentially $2000 out of my pocket.

I doubt that anyone in America is making more money under Obama with the exception of Obama’s cronies.

Obama is peeing on our leg and telling us it’s raining.

[kearnyirish2]

Remember that public employees (the ones that survived layoffs/cutbacks) aren’t feeling any of the pain us little people are dealing with; while they bemoan being asked to contribute for their health insurance, they are receiving 5% raises to ease the pain (and have consistently received such pay raises annually).

Here in NJ they are our new upper middle class, the only whites still buying homes and having more than one child...