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

[Fairplay]

Originally Posted by LiveSteam

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

Livesteam you should lay off KC native, placing in your sig where he admitted he's a homosexual is a step to far. Try to be accepting of his lifestyle though it be vulgar, offensive and morally repugnant.

[LiveSteam]

Originally Posted by Fairplay

Livesteam you should lay off KC native, placing in your sig where he admitted he's a homosexual is a step to far. Try to be accepting of his lifestyle though it be vulgar, offensive and morally repugnant.

If you can find the post where he admits to his drug abuse. I would be will to switch the sig. Its in the lounge ,not DC

[Fairplay]

Originally Posted by LiveSteam

If you can find the post where he admits to his drug abuse. I would be will to switch the sig. Its in the lounge ,not DC

Okay let me look for it.

[Cave Johnson]

Originally Posted by Prison Bitch

That's only for people who believe economic growth comes from warm bodies, and not technological innovations. Folks like you.

Highly educated workers are a) by definition smarter and b) more likely aid technological innovation. Only a real mouthbreather like you would argue otherwise.

Originally Posted by Prison Bitch

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.

When did I saw Hispanics, or that this was the only way to boost economic growth? You apparently associate all immigrants with Hispanics, because years of GOP rhetoric has created that Pavlovian response.

[Loneiguana]

So, are any conservatives actually going to post what the GOP solution might be?

It's great that after 30 years of stagnant and declining wages, a shrinking middle class, the GOP finally cares (if only because of who is in the white house), but complaining without a solution never accomplishes anything.

[LiveSteam]

Originally Posted by Loneiguana

So, are any conservatives actually going to post what the GOP solution might be?

It's great that after 30 years of stagnant and declining wages, a shrinking middle class, the GOP finally cares (if only because of who is in the white house), but complaining without a solution never accomplishes anything.

30 years is it?

[Loneiguana]

Originally Posted by LiveSteam

30 years is it?

Yes.

[Mr. Plow]

Originally Posted by KC native

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.

I really shouldn't be stepping into the middle of this, but.....

You called him a "Shitty meth head parents raising future strippers" and you are going to complain that he said you mow lawns and sell dope? Maybe a mutual ignore would work best for both of you.

[Prison Bitch]

Originally Posted by Mr. Plow

I really shouldn't be stepping into the middle of this, but.....

You called him a "Shitty meth head parents raising future strippers" and you are going to complain that he said you mow lawns and sell dope? Maybe a mutual ignore would work best for both of you.

I noticed that too.

[Prison Bitch]

Originally Posted by Loneiguana

So, are any conservatives actually going to post what the GOP solution might be?.

Let's assume Obama is 100% blameless and this is entirely the GOP's fault. (A proposition only the most hardened Lefty could hold but let's assume it's true). The important thing here is that Obama's voters are the ones getting fist-fcked. And that makes me happy no matter who is responsible for it.

[Braincase]

Originally Posted by Loneiguana

Yes.

Interesting data.

[LiveSteam]

Originally Posted by Braincase

Interesting data.

from the worlds most interesting man

[Braincase]

Originally Posted by LiveSteam

from the worlds most interesting man

The source was the U.S. Census Bureau. An unreliable source?

[Prison Bitch]

Originally Posted by Braincase

The source was the U.S. Census Bureau. An unreliable source?

LoneIquana is a known liar so don't buy his tripe. The data shown is pre-tax income not disposable. It does not include taxes or government transfer payments. When you factor that in (which you must), you'll find the income inequality gains either partly or mostly wash away depending on your source.

Also many of these charts don't factor in benefits. Which have risen significantly over the decades. Many working class Americans are taking more of their income gains in healthcare benefits so it's dampening their "cash only" comp.

[Fairplay]

Originally Posted by Braincase

Interesting data.

Disperse the wealth that will fix the problem.