First, almost 50% of Americans have less than $500 in savings. Not surprisingly 1 out of 3 residents of Obama's home state of Illinois live in poverty. A mind numbing 4 of 5 Americans are either experiencing poverty, foreclosure or welfare, or will in their lifetime. Four out of five.Say goodbye to the myth of the American Dream. It's only a nightmare now.
Ditto for the American middle class. Obama has massacred them. Our middle class now ranks 27thin the world.
...More grim news just in: Auto sales are collapsing. Construction jobs are falling off a cliff. And U.S. factory orders just suffered the biggest drop in a year.
Almost 80% of the jobs created in Obama's America are part-time jobs that won't pay the bills of an average middle class lifestyle.
What about jobs? Isn't that picture getting rosier by the minute?
Well actually, no. Let's analyze the REAL numbers: Since the start of 2013 we've gained 953,000 jobs, but amazingly 731,000 of them are crummy low-wage part time jobs. That means almost 80% of the jobs created in Obama's America are part-time jobs that won't pay the bills of an average middle class lifestyle.
High quality jobs under Obama they are losing out by 10 to 1 versus crummy low-paying jobs. Facts don't lie: So far this year over 246,000 low-paying waiter or bartender jobs have been added to the U.S. economy, versus only 24,000 high-paying manufacturing jobs.
How bad is it? Well here's a Hall of Fame Triple Play:
The Obama administration just hired a company to promote ObamaCare over the phone to Americans -- guess what? Even those jobs are part-time, with no health insurance!
The head of the IRS just testified in front of Congress that he'd rather keep his own health insurance, rather than switch to ObamaCare. The IRS is in charge of ObamaCare, and even they don't want any part of it.
And, the second biggest employer in America is now a temp agency!
Good luck looking for a quality job in this Obama economy.
Still not convinced?
Food stamp rolls are growing seventy-five times as fast as employment. The national debt has increased by 50% under Barack Obama. Obama promised to reduce health insurance bills for an average American family by $2,500 per year, instead your health bills went up by $3,000 per year.
Meanwhile, labor participation by men is at the lowest rate ever measured – since they started tracking it in 1948. And here's the clincher: 90 million able-bodied, working-age Americans are not working.
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