"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Tuesday, May 01, 2012

Under Obama, the decline of the middle class has only deepened

Barack Obama campaigned four years ago assailing President George W. Bush for wage losses suffered by the middle class. 
More than three years into Obama’s own presidency, those declines have only deepened. 
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.

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