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Mainecoons
09-26-2012, 01:16 PM
Read 'em and weep.


Low-wage workers in Chicago are better educated, older and rely more on that income these days to meet basic needs than 10 years ago. And there are substantially more of them.

http://www.suntimes.com/15379932-761/low-wage-work-force-grows-30-as-the-number-of-jobs-shrinks.html


In another sign that the economic recovery under President Obama is not producing gains for average Americans, median household incomes fell 1.1% in August to $50,678, according to a report released Tuesday by Sentier Research.
Since the economic recovery started in June 2009, household incomes are down 5.7%, the Sentier data show, and they are down more than 8% since Obama took office.

http://news.investors.com/092512-626958-household-income-down-82-under-president-obama.aspx


Citing uncertainty over the impending “fiscal cliff” and lower demand overseas, an association of CEOs from top companies on Wednesday dropped its growth expectations for the third quarter to the lowest level since the middle of the Great Recession.
The Business Roundtable lowered projections for sales, capital spending and hiring in its latest CEO Economic Outlook Survey to the lowest level since 2009.


Read more: CEOs now see gloomy third quarter, drop growth expectations - Washington Times (http://www.washingtontimes.com/news/2012/sep/26/ceos-now-see-gloomy-third-quarter-drop-growth-expe/#ixzz27bJnaEc7) http://www.washingtontimes.com/news/2012/sep/26/ceos-now-see-gloomy-third-quarter-drop-growth-expe/#ixzz27bJnaEc7
Follow us: @washtimes on Twitter (http://ec.tynt.com/b/rw?id=ctd-fI3Dar4z1uacwqm_6r&u=washtimes)


Fifty-five percent of small business owners and manufacturers would not have started their businesses in today’s economy, according to a new poll that also reports 69 percent say President Obama’s regulatory policies have hurt their businesses.

http://washingtonexaminer.com/55-percent-of-small-business-owners-would-not-start-company-today-blame-obama/article/2509069#.UGMlxI1lQ18

head of joaquin
09-26-2012, 01:38 PM
Bush sure did dig a deep hole with this tax cuts for billionaires and endlesswars.

Thank God Obama wisely avoided teabagger austerity and has the economy growing at a modest pace.

Shoot the Goose
09-26-2012, 01:43 PM
Six weeks from today we wake up to a new President Elect, an incoming Republican majority in both Chambers.

Then we start to fix this Obamination.

coolwalker
09-26-2012, 03:56 PM
Bush sure did dig a deep hole with this tax cuts for billionaires and endlesswars.

Thank God Obama wisely avoided teabagger austerity and has the economy growing at a modest pace.

Blame Bush for what Obama has done improperly. Nice try.

Larry Dickman
09-26-2012, 04:03 PM
Bush sure did dig a deep hole with this tax cuts for billionaires and endlesswars.

Thank God Obama wisely avoided teabagger austerity and has the economy growing at a modest pace.

As luck would have it, less than half the people in America are as stupid as you. Is that Joaquin Phoneix's head you borrowed? It would make sense given your mental capabilities.

head of joaquin
09-26-2012, 04:56 PM
Six weeks from today we wake up to a new President Elect, an incoming Republican majority in both Chambers.

Then we start to fix this Obamination.

Wow, that's a powerful argument and some name calling.

It doesn't get any more sophisticated for the conservative mind.

Meanwhile, austerity has failed throught the world, but in the US we have slow but steady growth, and have avoided a double dip recession like the got in the UK under conservatives austerity.

Keynesianism works as anybody who has read an Econ book knows, but that excludes the GOP leadership.

head of joaquin
09-26-2012, 04:57 PM
As luck would have it, less than half the people in America are as stupid as you. Is that Joaquin Phoneix's head you borrowed? It would make sense given your mental capabilities.

The other half are more stupid and they vote Republican, like you.

But I guess this thread needed your trollery to continue, and you're not even good at it. I could give you some lessons.

head of joaquin
09-26-2012, 04:59 PM
Blame Bush for what Obama has done improperly. Nice try.

I'm surpised you even want to acknowledge Bush, you know the conservative who cut taxes on the rich, wasted $3T on useless wars, and deregulated CDSs -- all resulting in the Bush Meltdown, the longer, largest economic downturn since the Great Depression.

Ouch -- history hurts you guys, doesn't it!