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Re: Obama Fails to Stem Middle-Class Slide He Blamed on Bush...  

By: oldCADuser in FFFT | Recommend this post (2)
Wed, 02 May 12 12:24 AM | 154 view(s)
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Msg. 41346 of 65535
(This msg. is a reply to 41342 by Decomposed)

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If only I WERE "filthy rich". That being said, I will admit that my wife and I are probably better prepared for my upcoming retirement than the vast majority of Americans are for theirs, but I attribute much of that to never being a day without a job since I was 15 years old with the only exception being a period of 9 months during my freshman year in engineering school. For the rest of my college time I worked in various jobs either in the dorms or for the School of Engineering as a lab technician and occasional instructor. As for my wife, except for about a year and half, 35 years or so ago, she has also been continuously employed from about age 15 up until she retired 5 years ago. And in all that time, the only government 'assistance' that we have gotten was my state scholarship, the wages paid by the university, my monthly allowance when I was an ROTC cadet, my military pay during my albeit short military service and the social security checks that my wife is currently collecting. Other than that, what we have has come from the work of our own hands. We have not inherited anything nor was anything handed to us that we had not already earned in one fashion or another. So if being able to look forward to at least a decent life when I finally retire is being "filthy rich", well so be it.

Now about your claims...

Really now, isn't is a bit disingenuous to somehow imply that Obama is responsible for that fact that...

"95% of net jobs lost during recession were middle-skilled jobs" 

...when the "recession" started well before Obama took office and the vast majority of those jobs were lost long before a single program or policy proposed by him was even in place?

And how many of these jobs have been lost as the result of radical austerity measures imposed by newly elected GOP governors who have been using the recession as an excuse to bust public employee unions, lay-off teachers, policemen, firefighters, etc?

As for not doing anything, employment levels are on the rise. Private sector jobs are being added each month and have been for better than 2 full years. Consumer sentiment is trending higher. Manufacturing indexes are climbing and the stock market is approaching levels not seen since well before the recession, some indexes reaching 6 and 7 year highs. So please explain how "...he hasn’t done anything...". And if you think that he had no control over many of those things, than how is that he's being blamed for all the rest of this stuff?




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The above is a reply to the following message:
Obama Fails to Stem Middle-Class Slide He Blamed on Bush...
By: Decomposed
in FFFT
Tue, 01 May 12 11:35 PM
Msg. 41342 of 65535

But for the fact that I'm mentioning it here, I know full well that you folks would come right back with "But he tried! He tried! And Congress would not work with him!"

Okay. Even granting you that point, I would say that America needs a President who CAN work with Congress. This is a serious problem, and it needs to be reversed. I would think that some of you (excluding OCU, of course, who we know to be filthy rich) aspire to be middle-class one day. You should agree with me on this. 


o 95% of net jobs lost during recession were middle-skilled jobs

o 3.2 million fewer Americans held office & sales jobs than 5 years before

o 1.2 million fewer jobs in transportation than 5 years before
 


Obama Fails to Stem Middle-Class Slide He Blamed on Bush

By Mike Dorning - Apr 30, 2012 8:30 PM ET
Bloomberg.com


Barack Obummer campaigned four years ago assailing President George W. Bush for wage losses suffered by the middle class. More than three years into Obama’s own presidency, those declines have only deepened.

The rebound from the worst recession since the 1930s has generated relatively few of the moderately skilled jobs that once supported the middle class, tightening the financial squeeze on many Americans, even those who are employed.

It started long before Obama, but he hasn’t done anything,” said John Forsyth, 58, a railroad-car inspector and political independent from Lebanon, Ohio. “He kept pushing this change, change, change, and he hasn’t done anything.”

Underlying the erosion of the middle class, defined by some economists as the middle 60 percent of income earners, are trends that stretch back decades, including competition from lower-wage workers overseas and technological advances that allow factories and offices to produce more with less labor.

More: http://www.bloomberg.com/news/2012-05-01/obama-fails-to-stem-middle-class-slide-he-blamed-on-bush.html


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