Reason #35: Record Numbers on Food Stamps
Record Numbers on Food Stamps. Never in the history of the program have so many individuals been forced to rely on food stamps due to the poor economy. Source: U.S. Department of Agriculture,...
View ArticleReason #36: Record Numbers on Disability Benefits
Record Numbers on Disability Benefits. The number of individuals receiving disability benefits has continued to climb to record levels, due to the poor economy and other factors. Source: Social...
View ArticleReason #37: Disability Beneficiaries Outnumber Jobs in Manufacturing
Disability Beneficiaries Outnumber Jobs in Manufacturing. Due to the poor economy and other factors, there are now more Americans collecting disability benefits than there are workers doing...
View ArticleThe Obama Economy: Still the Worst Ever for Working-Age Women
Today, the Census Bureau released information on poverty in 2013, which showed how the overall poverty rate fell from 15 percent in 2012 to 14.5 percent in 2013, as the number of poor individuals fell...
View ArticleReason #38: Over Half of Americans Can’t Afford Their House
Over Half of Americans Can’t Afford Their House. In order to cover their rent or mortgage over the last three years, 52 percent of Americans have had to make at least one major sacrifice, such as...
View ArticleReason #39: Minority Families Have Suffered the Most during the Obama “Recovery”
Minority Families Have Suffered the Most during the Obama “Recovery.” During the heart of the Obama “recovery,” the median income of minority families dropped by 9 percent, and their median net worth...
View ArticleReason #40: Six Out of Ten Say the American Dream Is Out of Reach
Six Out of Ten Say the American Dream Is Out of Reach. After five years of the Obama “recovery,” 59 percent believe the American Dream is out of reach and 63 percent believe most children won’t be...
View ArticleDemocrat Stimulus Architect Admits “the Economy’s Problems,” not “Economic...
Democrat Stimulus Architect Admits “the Economy’s Problems,” not “Economic Greatness” Then: The January 2009 Romer-Bernstein Report predicts 5 percent unemployment by now. Sources: January 2009...
View ArticleAdministration’s Revisionist History: Putting the Economy’s “Incredible...
Now (October 2014) “Our economy is making incredible progress.” For example, 5.9 percent unemployment is “a number many economists didn’t think we’d see for years.” Sources: White House press release...
View ArticleWhere Are the Jobs Update
“Four years ago, President Obama began to pull our country out of the worst economic crisis since the Great Depression, while laying the foundation for an economy built to last. We’ve come a long way...
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