Obama's Economy Hits His Voters Hardest

[Prison Bitch]

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

[LiveSteam]

Forward

[Prison Bitch]

It's amazing how the left has kept it's impoverished dumb voter base satiated with social issues like gay marriage, abortion, gun control, religion, etc. While the voters get fist-fcked economically.

[LiveSteam]

You reap what you sow. let them starve for all I care.

[Radar Chief]

Originally Posted by Prison Bitch

It's amazing how the left has kept it's impoverished dumb voter base satiated with social issues like gay marriage, abortion, gun control, religion, etc. While the voters get fist-fcked economically.

When you have a crony MSM to cover your tracks you can get away with stuff like that.

[loochy]

Good. They ones that vote for him are the ones that want to give all their money away for the government to use as they see fit, right? According to this article, that's what they wanted and that's what hey are getting.

[A Salt Weapon]

It's like a poll tax that affects stupid people. Wonderful.

However it will be blamed on old rich white people, so it happens again.

[fan4ever]

I would feel a lot better about all this if I thought any of these groups were capable of learning their lesson...won't happen.

[HonestChieffan]

I feel their pain.

[KC native]

Lol @ dumb****s blaming Obama for the wage paying policies of private employers. A US president doesn't own or control the economy.

[LiveSteam]

Originally Posted by KC native

Lol @ dumb****s blaming Obama for the wage paying policies of private employers. A US president doesn't own or control the economy.

Can I recommend a
Im leaving for ever thread

[Comrade Crapski]

The is the part of the thread where KC Rectum washes Barry's balls in his mouth.

[Garcia Bronco]

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.

[Comrade Crapski]

Originally Posted by Garcia Bronco

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.

[Prison Bitch]

Originally Posted by Radar Chief

When you have a crony MSM to cover your tracks you can get away with stuff like that.

Lots of excellent responses so far but I like this one the best.