Tuesday, May 1, 2012

Obama has 'crucified' median income working age households by more than double the amount he demonized Bush for and in less than half the time

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4/30/12, "Obama Fails to Stem Middle-Class Slide He Blamed on Bush," Bloomberg, M. Dorning

"As a candidate in 2008, Obama blamed the reversals largely on the policies of Bush and other Republicans. He cited census figures showing that median income for working-age households -- those headed by someone younger than 65 -- had dropped more than $2,000 after inflation during the first seven years of Bush’s time in office.

Yet real median household income in March was down $4,300 since Obama took office in January 2009 and down $2,900 since the June 2009 start of the economic recovery, according to an analysis of census data by Sentier Research, an economic- consulting firm in Annapolis, Maryland."...via Drudge

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