I'll have to pull the income statistics for them, but I believe they also have had substantial drops in income. Give me a few minutes to find the article
I forgot to add that despite the fact that he has spent TRILLIONS of dollars of OUR money, and ammassed 72.3 percent more foreign debt in the process....we are all now WORSE OFF off than before he spent the money.
If the private sector was comprised only of large corporations, Oobie, your outrage would be jutified. But America's private sector includes a substantial portion of small, private entreprenural start-ups. As Romney was accurately stating, these are the ones that are getting crushed by Obama and he was merely saying that he wants to put a stop to that.
Moreover, the proof is in the pudding. And since you aren't the only one who can cut and paste the daily news...here's one that I'm just you "just overlooked..."
Americans' incomes DECLINED MORE IN THE THREE-YEAR EXPANSION THAT STARTED IN 2009 THAN DURING THE LONGEST RECESSION SINCE THE GREAT DEPRESSION, according an analysis of U.S. Census Bureau data by Sentier Research LLC.
Median household income fell 4.8 percent on an inflation-adjusted basis since the recession ended in June 2009, more than the 2.6 percent drop during the 18-month contraction, the research firm’s Gordon Green and John Coder wrote in a report today. Household income is 7.2 percent below the December 2007 level, the former Census Bureau economic statisticians wrote.
“ALMOST EVERY GROUP IS WORSE OFF THAN IT WAS THREE YEARS AGO, AND SOME GROUPS HAD VERY LARGE DECLINES IN INCOME,” Green, who previously directed work on the Census Bureau’s income and poverty statistics program, said in a phone interview Thursday. “We’re in an unprecedented period of economic stagnation.”
Sinply put, Obama has failed.
Read more: Sentier Research: US Incomes Fell More in Recovery Than During Crisis
Not only hiring legions of unnecessary bureaucrats, but also deliberately keeping poor people poor with free handouts of tax dollars to ensure their vote.
Here in Florida, the law says children are allowed to be unsupervised after the age of 12 (I know I was babysitting in my neighborhood for other people's children when I was 11).
Granted, times are more dangerous now, but you HAVE to start giving kids little bits of freedom in limited doses in order to prepare them for adulthood. The post says that there were two teens and one pre-teen among the four kids listed. Seems like letting them play outside with conditions (calling in every 30 minutes), and within earshot of the house is more than reasonable.
"He took office at a time when the U.S. economy was on its worst slide in 75 years, but pushed policies using borrowed money that were more meant to preserve government jobs than broadly help the private sector where the great majority of Americans work, ensuring the jobs crisis continued.
He railed against the heavy spending and big deficits of his predecessor, but blithely backed budgets that had triple the deficits ever seen in American history.
He promised a smart, sweeping overhaul of the U.S. health care system, but ended up giving us a Byzantine mess promoted to the public with myths: that offering subsidized care to tens of millions of people would save money; that people would keep their own doctors; that access to care wouldn’t change; and that rationing would never happen.
He promised a more sophisticated approach to the economy than that of his predecessor, but had so little common sense that his health law actually gave businesses a big financial incentive to discontinue providing health insurance to their employees.
He offered hosannas to genius entrepreneurs like Steve Jobs in his prepared remarks, but when speaking off the cuff betrayed his faculty-lounge view of the world, saying of businesspeople, “if you’ve been successful, you didn’t get there on your own.”
He swore to bring overdue oversight and honest accounting to the corporate world, but made flagrantly dishonest claims about General Motors paying back its government loans that would have triggered a criminal fraud investigation in the private sector.
WhatUwish4 Forum Posts (7,986)
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RE: Romney Says Corporations Familiar With ‘Low-Tax Havens’
I'll have to pull the income statistics for them, but I believe they also have had substantial drops in income. Give me a few minutes to find the article