Barack Obama campaigned four years ago assailing President George W. Bush for wage losses suffered by the middle class.
As a candidate in 2008, Obama blamed the reversals largely on the policies of Bush and other Republicans. He cited census figures showing that median income for working-age households -- those headed by someone younger than 65 -- had dropped more than $2,000 after inflation during the first seven years of Bush’s time in office.
Yet real median household income in March was down $4,300 since Obama took office in January 2009 and down $2,900 since the June 2009 start of the economic recovery, according to an analysis of census data by Sentier Research, an economic- consulting firm in Annapolis, Maryland.OBAMANOMICS HAS TRAPPED US IN A CYCLE OF DECLINE.
VOTE ROMNEY TO HALT THE DECLINE AND START A REAL RECOVERY.