I hate to be the bearer of bad news because I’m living in it too. But you can’t say you weren’t warned or that you didn’t have a chance to change the Chief Executive.
Via Doug Ross
1 – According to the U.S. Census Bureau, approximately one out of every six Americans is now living in poverty. The number of Americans living in poverty is now at a level not seen since the 1960s.
2 – When you add in the number of low income Americans it is even more sobering. According to the U.S. Census Bureau, more than 146 million Americans are either “poor” or “low income”.
3 – Today, approximately 20 percent of all children in the United States are living in poverty. Incredibly, a higher percentage of children is living in poverty in America today than was the case back in 1975.
4 – It may be hard to believe, but approximately 57 percent of all children in the United States are currently living in homes that are either considered to be either “low income” or impoverished.
5 – Poverty is the worst in our inner cities. At this point, 29.2 percent of all African-American households with children are dealing with food insecurity.
6 – According to a recently released report, 60 percent of all children in the city of Detroit are living in poverty.
7 – Back in the 1970s, about one out of every 50 Americans was on food stamps. Today, close to one out of every six Americans is on food stamps. Even more shocking is the fact that more thanone out of every four children in the United States is enrolled in the food stamp program.
8 – For the first time ever, more than a million public school students in the United States are homeless. That number has risen by 57 percent since the 2006-2007 school year.
9 – Family homelessness in the Washington D.C. region (one of the wealthiest regions in the entire country) has risen 23 percent since the last recession began.
10 – One university study estimates that child poverty costs the U.S. economy 500 billion dollars each year.
[Read the rest HERE]
Sifting Reality 
Obama nor any other president of USA is Chief Executive of economy.
The long run of job relocations, low wages, financial cons and so on, have to result in this.
I guess you don’t understand the role a president plays in the country’s economy. I’m guessing this is the result of living in a country (Spain) whose economy in in the toilet and the government tells people it’s not their fault.
Tell me which is the role. Shaking a magical wand to solve things?
I thought USA conservatives didn’t want govermental control in free private market. Then, how the president has the control if it is free?
In Spain, the economy was bad with the former goverment and it is bad with the current conservative goverment.
How is it that current crysis has shaken many capitalists countries despite their goverments color?
Leftwing policies have a deleterious influence on the economy, and this is demonstrably true.
Leftwing policies want to raise corporate taxes, so those corporations pass that cost onto customers and employee.
Leftwing policies support unions who demand Cadillac benefits the company cannot afford, pushing many companies, like Hostess, off the cliff.
Many regulations, environmental and not, put an unnecessary financial burden on companies, and this cost is passed on.
And the list goes. There is no doubt that Obama’s leftwing policies have had a negative impact on our economy.
All one has to do is look at Detroit, and the rest of Michigan, to see how Demokrat government policies ruin the economy.