The results are in. The picture is grim. Here are some frightening economic numbers to think about the next time the lying, manipulating, mainstream media tells you that we are in “recovery.”
First, almost 50% of Americans have less than $500 in savings.Not surprisingly 1 out of 3 residents of Obama’s home state of Illinois live in poverty. A mind numbing 4 of 5 Americans are either experiencing poverty, foreclosure or welfare, or will in their lifetime.Four out of five.Say goodbye to the myth of the American Dream. It’s only a nightmare now.
Ditto for the American middle class. Obama has massacred them. Our middle class now ranks 27th in the world.
I’ve argued from day one that Obama’s goal was to create a two class society. The two classes are the super-rich (who are beholden to Obama for corporate welfare, bailouts, and government contracts), and the poor (who are beholden to Obama for checks to survive). Look no further than the new immigration bill to see the final destruction of middle class wages.