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Economic Decline 'Fiction'? Tell That To The Urban Poor
Investor's Business Daily ^ | 1/15/2016 | John Merline

Posted on 01/15/2016 7:09:57 AM PST by IBD editorial writer

President Obama's upbeat assessment of the economy is not likely to sit well with low-income families living in major urban or metro areas. For them, economic decline is a harsh reality, not "fiction."

(Excerpt) Read more at news.investors.com ...


TOPICS:
KEYWORDS: economy; obama; poverty

1 posted on 01/15/2016 7:09:57 AM PST by IBD editorial writer
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To: IBD editorial writer
Economic Decline 'Fiction'? Tell That To The Urban Poor

Fiction?
Seriously?

Our military is in tatters...
The indolent have increased geometrically.
Social security has been robbed blind...
The Cost of Living process is a joke.

Our large cities are war zones...
Black arrogance with their army of thugs is now the shadow government with their "black privilege..."

The wagon of the unproductive useless is overflowing...
The wagon pullers are dwindling and can expect additional hidden taxes weekly.
America's status among the koranimals is is pretty much zero...

What's not to worry about?

2 posted on 01/15/2016 7:22:07 AM PST by publius911 (IMPEACH HIM NOW! evil ignorant stupid or crazy-doesn't matter!)
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To: IBD editorial writer
In other news...

WAL-MART TO SHUTTER 269 STORES, 154 OF THEM IN THE US

3 posted on 01/15/2016 7:55:50 AM PST by Tonytitan
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To: Tonytitan

Yep Walmart, that ubiquitous purveyor of fine Chinese products that caters to us peons, is closing 154 stores in the US. I’m sure they aren’t closing because of a rip roaring economy as portrayed in the sotu litany of lies-puke.


4 posted on 01/15/2016 8:01:35 AM PST by TnTnTn
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To: IBD editorial writer

Obama’s a white liberal elite who lives in the DC bubble...he’s clueless.


5 posted on 01/15/2016 8:06:16 AM PST by GOPJ (Trump's living rent-free in Jeb's head - Trump's wearing a robe and comfy slippers. FlickLives)
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To: IBD editorial writer
Money Line in the article.

Income inequality has increased, but not as Obama, Bernie Sanders and the chorus of liberal Democrats would have you believe, because the rich are getting richer.

“It's really about the poor losing ground rather than these upper-class households pulling away,” Brookings senior fellow Alan Berube told AP.

The whole economy is stagnating, government has grown so large that it is sucking all the money out of the economy, through rules, regulations and taxes.

6 posted on 01/15/2016 8:35:27 AM PST by 2001convSVT (Going Galt as fast as I can.)
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To: IBD editorial writer

It’s not so peachy keen for us middle class factory workers either. The few of us that are left, that is.


7 posted on 01/15/2016 9:02:02 AM PST by fella ("As it was before Noah so shall it be again,")
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