Subj : Re: Get Better Mitt Treatment?
To   : All
From : deep@dudu.org
Date : Thu Jan 31 2019 19:19:40

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From: deep <deep@dudu.org>
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fl.politics,austin.politics,dfw.general,talk.politics.guns,oh.general
Subject: Re: Get Better Mitt Treatment?
Date: Sat, 03 Nov 2012 11:58:35 -0600
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On Sat, 03 Nov 2012 10:29:17 -0600, Mark Hill <mh505@qmail.not> wrote:

>On 11/3/2012 10:24 AM, deep wrote:
>> On Sat, 03 Nov 2012 10:15:02 -0600, Mark Hill<mh505@qmail.not>  wrote:
>>
>>
>>> been by far the meekest recovery from the past 10 recessions.
>>
>> That's because this is not a recession.
>
>http://online.wsj.com/
>
>Negative $4,019
>The Obama years have been brutal on middle-class incomes.
>
>The Presidential race is boiling down to one dominant issue: which 
>party's policies will do more to help the financially stressed American 
>middle class. President Obama's campaign theme is that Mitt Romney and 
>the Republicans cater to the rich, while Mr. Obama cares about 
>struggling families.
>
>He may care, but he sure hasn't done much for them. New income data from 
>the Census Bureau, tabulated by former Census income specialists at the 
>nonpartisan economic consulting firm Sentier Research, reveal that the 
>three-and-a-half years of the Obama Presidency have done enormous harm 
>to middle-class households.
>
>
>In January 2009, the month President Obama entered the Oval Office and 
>shortly before he signed his stimulus spending bill, median household 
>income was $54,983. By June 2012, it had tumbled to $50,964, adjusted 
>for inflation. (See the chart nearby.) That's $4,019 in lost real 
>income, a little less than a month's income every year.
>
>
>Add the authors: "The overall decline since June 2009 was larger than 
>the 2.6 percent decline that occurred" during the recession from 
>December 2007 to June 2009. For household income, in other words, the 
>Obama recovery has been worse than the Bush recession.

That's because this is not a recession.   This is a continuation of
the Bush Depression.  
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