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Old 09-05-2013, 07:44 AM  
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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, 04:13 PM   #31
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Old 09-05-2013, 04:15 PM   #32
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Originally Posted by Prison Bitch View Post
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.
It doesn't fix their failed economics, but it does insulate them from any problems at the ballot box later on that failed policies might cause.
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Old 09-05-2013, 04:19 PM   #33
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Lol @ dumb****s blaming Obama for the wage paying policies of private employers. A US president doesn't own or control the economy.
Yet Obama voters think Bush should have to own it... partisan homers crack me up.
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Old 09-05-2013, 04:36 PM   #34
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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.
What's this "we" shit? You French or got a mouse in your pocket?
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Old 09-05-2013, 04:43 PM   #35
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Can I recommend a
Im leaving for ever thread
No but some more "report this post so the mods see it " blubbering posts would be entertaining~
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Old 09-05-2013, 04:48 PM   #36
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Cool another thread where conservatives ignore a over decade long economic trend to lay complete blame at the feet of a president who took office during a recession.

Inflation adjusted median income per year:

2008- 52,546
2000 - 54,841
1992- 48,117
1988 - 49, 737
1980- 46,024
1967- 42,056


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Old 09-05-2013, 05:00 PM   #37
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I hate the man.

I honestly feel he is intentionally targeting small business in America for destruction.

I guess if you want to destroy the private sector, you start with the most vulnerable.
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Old 09-05-2013, 05:07 PM   #38
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Quote:
Originally Posted by WhiteWhale View Post
I hate the man.

I honestly feel he is intentionally targeting small business in America for destruction.

I guess if you want to destroy the private sector, you start with the most vulnerable.
Agreed on 1 and 2

He doesn't have to start with them. They're so helpless their destruction is a by product of the destruction of the private sector, you know, one's that have been carrying them.
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Old 09-05-2013, 05:08 PM   #39
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Agreed on 1 and 2

He doesn't have to start with them. They're so helpless their destruction is a by product of the destruction of the private sector, you know, one's that have been carrying them.
Well he sure does like to exempt big business as much as government from his insane financial bullshittery. Seems they're being targeted first... like a baby Gazelle by a hungry lion.
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Old 09-05-2013, 05:18 PM   #40
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Originally Posted by Cochise View Post
It doesn't fix their failed economics, but it does insulate them from any problems at the ballot box later on that failed policies might cause.



"We'll just keep our voters dumbed down with attacks that the GOP is too white, too old, too racist, too male, too sexist, too selfish, too gun happy, too Christian, too homophobic, to anti Semitic, too everything. They'll never figure it out."
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Old 09-05-2013, 05:24 PM   #41
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*if he's a member of the party you support and things are going badly
No. I've been extremely consistent that outside of one president, US presidents are almost completely irrelevant to the US economy.
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Old 09-05-2013, 05:25 PM   #42
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Can I recommend a
Im leaving for ever thread
Shitty meth head parents raising future strippers can't recommend anything to anyone.
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I'm just a little pussy from Iowa
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Old 09-05-2013, 06:08 PM
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Old 09-05-2013, 06:11 PM   #43
LiveSteam LiveSteam is offline
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Shitty meth head parents raising future strippers can't recommend anything to anyone.
Thats the best you could come up with? more meth from DCs very own admitted druggy. You mow lawns from 7am-4pm then its off to pedal dope to children
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Old 09-05-2013, 10:04 PM   #44
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Thats the best you could come up with? more meth from DCs very own admitted druggy. You mow lawns from 7am-4pm then its off to pedal dope to children
Hurrr durrr native iz hizpanik so he mows lawns hurr durrr.

Perfect example of a post that is worse than what I got banned for.
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Old 09-05-2013, 10:07 PM   #45
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meh. I stick bricks in a wall all day
Look stooge/ you give as good as you get. So dnt hurr durr,durr hurr me
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