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Old 09-05-2013, 07:44 AM  
Prison Bitch Prison Bitch is offline
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Obama's Economy Hits His Voters Hardest

This is so damn sweet:



OPINION
September 3, 2013, 6:53 p.m. ET
Stephen Moore: Obama's Economy Hits His Voters Hardest Young people, single women and minorities have fared the worst during the past four years..



For better or worse, a truism of American politics is that voters vote their pocketbooks. Yet according to a new report on median household incomes by Sentier Research, in 2012 millions of American voters apparently cast ballots contrary to their economic self-interest.

Each month the consultants at Sentier analyze the numbers from the Census Bureau's Current Population Survey and estimate the trend in median annual household income adjusted for inflation. On Aug. 21, Sentier released "Household Income on the Fourth Anniversary of the Economic Recovery: June 2009 to June 2013." The finding that grabbed headlines was that real median household income "has fallen by 4.4 percent since the 'economic recovery' began in June 2009." In dollar terms, median household income fell to $52,098 from $54,478, a loss of $2,380.

What was largely overlooked, however, is that those who were most likely to vote for Barack Obama in 2012 were members of demographic groups most likely to have suffered the steepest income declines. Mr. Obama was re-elected with 51% of the vote. Five demographic groups were crucial to his victory: young voters, single women, those with only a high-school diploma or less, blacks and Hispanics. He cleaned up with 60% of the youth vote, 67% of single women, 93% of blacks, 71% of Hispanics, and 64% of those without a high-school diploma, according to exit polls.


According to the Sentier research, households headed by single women, with and without children present, saw their incomes fall by roughly 7%. Those under age 25 experienced an income decline of 9.6%. Black heads of households saw their income tumble by 10.9%, while Hispanic heads-of-households' income fell 4.5%, slightly more than the national average. The incomes of workers with a high-school diploma or less fell by about 8% (-6.9% for those with less than a high-school diploma and -9.3% for those with only a high-school diploma).

To put that into dollar terms, in the four years between the time the Obama recovery began in June 2009 and June of this year, median black household income fell by just over $4,000, Hispanic households lost $2,000 and female-headed households lost $2,300....


http://online.wsj.com/article/SB1000...303535934.html
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Old 09-05-2013, 01:12 PM   #16
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Originally Posted by KC native View Post
Lol @ dumb****s blaming Obama for the wage paying policies of private employers. A US president doesn't own or control the economy.

Obviously, you didn't bother reading Moore's column here. He specifically points out that Obama has spent years bashing GOP "trickle down economics" as a failure. Your belief that a President doesn't matter implies Obama is lying about the GOP's impact to begin with.
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Old 09-05-2013, 01:16 PM   #17
Saul Good Saul Good is offline
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You can't just say "**** these people". There is a balance and if the balance is not somewhat maintained then you'll have a revolution. Poverty leads to crime and high amounts of it. Spend now...spend later...you'll spend until we get population growth under control. Studies have statistically shown that the best way to curb population growth is education.
There is no population growth problem in the US. Our population growth is less than 1% annually.
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Old 09-05-2013, 01:59 PM   #18
Cave Johnson Cave Johnson is offline
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Originally Posted by Saul Good View Post
There is no population growth problem in the US. Our population growth is less than 1% annually.
Which would suggest we should expand legal immigration of talented workers to shore up Social Security and promote economic growth.
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Old 09-05-2013, 03:16 PM   #19
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Which would suggest we should expand legal immigration of talented workers to shore up Social Security and promote economic growth.
That's only for people who believe economic growth comes from warm bodies, and not technological innovations. Folks like you.
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Old 09-05-2013, 03:19 PM   #20
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If you didnt have a job. And never had a job. And dont plan to get a job. Hiw has obama hurt you? Nuff said. Vote for the brother.
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Old 09-05-2013, 03:34 PM   #21
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The gun policies he champions certainly hurt them more than most, as well. Seriously, who needs the ability to legally own/carry a gun more than poor people living in high crime areas?

Of course, these are the people who endlessly elect this type of scum, so I guess they get what they deserve, don't they?
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Old 09-05-2013, 03:35 PM   #22
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A US president doesn't own or control the economy.*
*if he's a member of the party you support and things are going badly
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yeah i may be a retard but I'll be the one banging your girlfriend when you're out with your friends.
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Old 09-05-2013, 03:39 PM   #23
HonestChieffan HonestChieffan is offline
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There is no population growth problem in the US. Our population growth is less than 1% annually.
As long as we push and pay for abortions within the poorest parts of our society we win. Right?
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Old 09-05-2013, 03:40 PM   #24
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You reap what you sow. let them starve for all I care.
Yup! They gotta live and learn.
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Old 09-05-2013, 03:43 PM   #25
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Originally Posted by Garcia Bronco View Post
You can't just say "**** these people". There is a balance and if the balance is not somewhat maintained then you'll have a revolution. Poverty leads to crime and high amounts of it. Spend now...spend later...you'll spend until we get population growth under control. Studies have statistically shown that the best way to curb population growth is education.
QFT.
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Old 09-05-2013, 03:45 PM   #26
Amnorix Amnorix is offline
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Obviously, you didn't bother reading Moore's column here. He specifically points out that Obama has spent years bashing GOP "trickle down economics" as a failure. Your belief that a President doesn't matter implies Obama is lying about the GOP's impact to begin with.

Non sequitur.
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Old 09-05-2013, 04:07 PM   #27
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Non sequitur.
Non responsive.
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Old 09-05-2013, 04:09 PM   #28
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We were stupid enough to elect this moron twice. We deserve whatever we get.

Sometimes people have to learn their lessons the hard way, we apparently needed a hard lesson at the ballot box again.
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Old 09-05-2013, 04:10 PM   #29
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We were stupid enough to elect this moron twice. We deserve whatever we get.

Sometimes people have to learn their lessons the hard way, we apparently needed a hard lesson at the ballot box again.
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Old 09-05-2013, 04:12 PM   #30
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We were stupid enough to elect this moron twice. We deserve whatever we get.

Sometimes people have to learn their lessons the hard way, we apparently needed a hard lesson at the ballot box again.
The only answer the Left has for their failed economics? Import more hispanic immigratns to the USA. That's their solution. Yeah, that's all they have left.
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