 |
| click to enlarge |
Obama says, quoted here:
"Like the rest of America, black America in the aggregate is better off now than it was when I came into office."
On the contrary:
Full-time jobs have not recovered to their 2007 peak and won't until summer 2015, if we are lucky. That will be eight years later, when full-time jobs in the past have always bounced back after at most three years in post-war recessions. Obama has done nothing for jobs, except to let the problem fester and try to heal itself.
Health insurance costs much more, covers much less and has narrower and less convenient networks. The proof of this is in the polling, where the majority of Americans remain opposed to ObamaCare. The minority which likes ObamaCare is benefiting from it at the expense of those who don't, who are more numerous. It's called income redistribution. Otherwise known as socialism. You know, like in Cuba, Obama's new best friend.
Owners' equity in household real estate stands at 53.94%, still almost 10% below where it was in 2005. Completed foreclosures in the last month are still running 95% above normal.
More than half of the 66% of Americans who have saved anything for retirement have individually saved less than $25,000. American taxpayers are forced to contribute on average 13.5% to the pensions of the country's government employees and save for themselves only at the rate of 5%.
But perhaps the most damning indictment of Obama is how Americans of all stripes have been impoverished under his watch. Real median household income in the US is lower now than when the recession ended in Obama's first term in 2009, and much lower than when he took office:
"At this point, real household incomes are in worse shape than they were four years ago when the recession ended."
Lies told often enough can become the truth, but they are still lies.
