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Obamanomics 

By: Zimbler0 in POPE 5 | Recommend this post (1)
Thu, 26 Jul 18 4:38 AM | 18 view(s)
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Obamanomics: the rich get richer, the poor get poorer

Thursday Sep 4, 2014

http://humanevents.com/2014/09/04/obamanomics-the-rich-get-richer-the-poor-get-poorer/

How’s “income inequality” looking after six years of the most left-wing president in modern history, Reuters?

The gap between the richest Americans and the rest of the nation widened after the Great Recession, a survey by the Federal Reserve showed on Thursday, suggesting deepening U.S. income inequality.

. . . .

Well, I’m sure the toddlers with say it’s all Bush’s fault. Once we’re down to just adults in the room, we can talk about this as part of Obama’s failure to steward anything resembling a healthy recovery. He handed off a lot of money to his rich cronies, he worked up monetary policy that amounts to running an IV tube from the Treasury to Wall Street, he implemented policies that crushed job creation and encouraged the conversion of full-time jobs to part-time work, and he’s given us a titanic Food Stamp Nation whose residents find the notion of seeking employment illogical. It’s not surprising that the rich would get richer, while the poor got poorer.

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(Article does continue. Much was skipped. Entire article is at the link. Zim.)




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