The United States Census Bureau says that over 49 million in poverty, a significant increase during the Era of Barack Hussein Obama. An economist from the University of Wisconsin, Timothy Smeeding, calculates that the 49.7 million living below the poverty line are a sign of a very slow recovery. So slow that the poverty rate for Latinos and other core groups for Obama are doing worse now than before Obama. Yesterday also saw a major spike upwards in new filings for unemployment claims and today we learn that Hostess is closing its doors due to a labor dispute. How odd that a company born during the Great Depression has now succumbed to the New Normal of the Obama Depression. No supplemental measure proposed by Obama will change this reality.
Yes, there is bad news everywhere. The reelection of Obama spells nothing but trouble for the future of the United States. And things will get worse as we continue our countdown towards the ′Fiscal Cliff′ and the Obama administration adds more and more regulations. Forbes Magazine has downgraded America to 12th place for countries to do business in. With the pending costs of ObamaCare and Obama′s desire to tax small businesses, we can expect that position to decline further for 2014.
Hundreds of companies are already beginning to lay off workers, cut their hours and benefits as the Marxist agenda of Barack Hussein Obama draws closer and closer. American small businesses are like damsels in distress, tied to railroad tracks as the freight train loaded with dynamite barrels towards them. Obama says he wants the top 1 or 2 percent to pay their ′fair share′ of taxes. The top 1% already pay 28.9% of all federal income tax revenue while earning only 16.7% of said income. This includes the top 3% of small businesses, whom have accounted for nearly 50% of all job creation the past decade. Yet, Obama wants to tax them even more, a recipe for economic disaster.
The United States Census Bureau better sharpen their pencils, for the 49 million in poverty is guaranteed to increase under another four years of Barack Hussein Obama. Economist Timothy Smeeding confirms that the increase in poverty rates, with more people below the poverty line, is a sign of a weak economy. Obama may try some supplemental measure to offset those impacted by his own foolishness, but in the long run, these efforts will fail. Just as every other aspect of Obama′s Marxist agenda has failed during his first term in office. Thanks to the Obama administration pro-union labor board, Hostess bakeries are closing down, so we will no longer even have Twinkies to provide momentary comfort from the New Normal of Obama.
November 16th, 2012 at 7:53 am
What is so sad is that the useful idiots got a Satin when they thought they were getting a savior. That is the communist way and the Media made this occur. Greece here we come. America is destroying itself.
November 16th, 2012 at 8:47 am
Nah Sue. Liberals like high poverty because there are more people in need.
November 16th, 2012 at 10:25 am
Buy Twinkies now !
They’re indestructible and a great addition to your doomsday bunker.
Take a lesson from prison.
Tobacco, coffee, sugar/candy, liquor (raisin jack) p0rn and drugs.
And small chip bags.
They make great roach traps.
Tape one bag to each leg on your bunk, futon, whatever.
The bugs crawl in for the crumbs but cant get out because of the oily mylar surface
You be da boss man with these in your pantry.
November 16th, 2012 at 4:53 pm
ONLY 49 Million in Poverty?
Have a Twinkie and buy a Freebus.
Name your kid Julia or Julian. (ROFL)
Mick?
Any tricks up your sleeve regarding mice?
November 16th, 2012 at 9:02 pm
Nah, they’re obedient gerbils, and they dont go up your sleeve
November 17th, 2012 at 7:33 am
Here we go with another delusional spin. The “new normal under Obama” is a direct result of the very policies folks like Andrew endorses and that folks like Obama have fought against. It has been the GOP that’s promoted legislative language throughout history that chips away at unionization, minimum wage, prevailing wage, overtime pay, employee health insurance, employee pensions etc. It has been GOP led states, along with a refusal to ask the top earners to pay their share, while supporting drivers that lowers workers’ wages and benefits. Now that the GOP has pretty much wiped out the middle class, talking heads from the right continue to regurgitating the nonsense in order to blame the left for their very own failed policies.
And it should be pointed out that taxes are at a 65 year low while corporate profits are at the highest in history. And after 10+ years, it isn’t working. And please spare me the invoking of the Confidence Fairy. Confidence needs to be with all consumers. Wages are down for the middle class because minimum wages have not kept pace, they have lost a great deal of bargaining power, and the corporate world has no need to raise wages, reinvest, or to hire as there are no tax penalties to motivate them to do so. Over 20 of the top Fortune 500 companies paid NEGATIVE taxes for the 2011 year, making them actual corporate welfare participants. The majority of the rest paid less than 1%. Instead of putting that money back into the economy to avoid paying taxes, they simply divide that amongst themselves. This GOP promotion is a direct result of what we’re seeing in the above soup line kitchen.
The Hostess Brand situation is just another example of how the corporate loyalist blames the workers for their very own failures. When Hostess saw it was facing a bankruptcy just earlier this year, the 1st action was to award CEOs by tripling their salaries. Look it up! And now, there’s this strange expectation which follows today’s GOP mindset that the workers should pick up this tab. Never mind that Hostess workers make less than most in the industrial market and that their wages have been stagnant since the company’s bankruptcy 8 years ago (which I suppose by Andrew’s logic is also a result of Obama’s policies).
November 17th, 2012 at 8:06 am
LOL, Ronald!
Even Bob Beckel, noted Liberal and pro-union pundit for the Democrats is upset about the bakers union for causing Hostess to close down. Every other union involved wanted their brother bakers to settle.
And YES, this is another sign of the New Normal under Obama! Thanks to union and other regulations by government, Hostess had to comply with inefficient business practices. Some trucks could not carry their bread products, others could not carry snack cakes. It just goes on and on.
Given the pro-union stance of Obama’s Labor Relations Board, how can Hostess get a fair hearing? Boeing certainly did not! Oh, and they just laid off a few thousand workers, too!
You Liberals are just making the country into such an anti-business nation that soon, we will have few industries here. As I have said before, Obama is turning the whole nation into Detroit!
November 17th, 2012 at 8:33 am
Andy, you didn’t address much there other than regurgitating more nonsense. It reminds me of when I asked you for some legislation to support your claim that the Dems crashed the economy when voters threw out the GOP in 06. You came back with something like “uh, well, like, Obama’s the President so there’s your legislation”, or something equally ridiculous. It kinda brought dog the eatng the homework to a new level. In other words, you’ve got nothing, your argument defies reality, and when it comes to substance, your empty suit pretty much reveals itself.
You dodge the fact that the Hostess CEOs raided the funds once they saw a bankruptcy coming. I suppose you approve of that? You won’t say. You ignored the fact that the workers were already near the bottom end of the pay spectrum. You hid from how they have given concessions and have had stagnated wages since 8 years ago. As a matter of fact, you pretty much ignored any aspect of reality, clinging to some imaginary concept that continued tax breaks for the most wealthy, sprinkled with a dash of pixie dust I suppose, while continuing to drive workers’ wages and benefits down (in order to be a less anti-business nation or something) will somehow lift the workers out of poverty. And if it doesn’t, it’s all Obama’s fault.
Once again, the increased poverty we’re seeing is a direct result of GOP policies or from their obstruction of Dem corrective policies. And let’s not forget that it was the GOP that obstructed the American Jobs Act. They’ve held the House and have yet to produce any meaningful legislation supporting jobs.
November 17th, 2012 at 8:58 am
“Here we go with another delusional spin. The “new normal under Obama” is a direct result of the very policies folks like Andrew endorses and that folks like Obama have fought against.”
You have no credibility in using the word “delusional”.
Your parroting instinct is alive and well.
Right off the bat, your first sentence is to cast away responsibility and blame Bush.
We are suffering the direct result of whats happened directly under this presidents policies. Unless you believe hes done absolutely nothing since 08 you’re not to be taken seriously.
Blaming Bush does not work anymore bub.
Your messiahs claim > ” we’ve made progress, but theres more work to be done ” are a clear indication that hes owning up to the last four years as long as its seen as progress, how convenient.
” When Hostess saw it was facing a bankruptcy just earlier this year, the 1st action was to award CEOs by tripling their salaries. Look it up!”
When are you going to learn ?
Thats not how it works chump.
You look it up, you present it, we are not your monkeys
November 17th, 2012 at 1:01 pm
Micky, I seldom read your diatribes in there entirety but sometimes catch the 1st and last paragraph. With that said, what part of you looking it up are you afraid of? The data is at your finger tips if you choose to seek the truth. You seem to simply want to rely on what sounds good to you and defy logic unless folks like me spell it out completely. It’s as if to say that unless I provide overwhelming evidence that anyone of reasonable intellect could acquire, point you to an exact link, then explain it in detail, it isn’t true. Folks smarter than me call that a distraction. Hell, folks dumber than me realize that’s a distraction. You remind me of that rodent commercial where this woman tells a rat “you discust me” and the rat says “prove it”.
November 18th, 2012 at 6:23 am
LOL, Ronald!
You are such a joke, much like the Liberal-Progressive agenda you spout. “American Jobs Act” is anything but, just as the “Affordable Care Act” is actually making health care more costly and less available.
As for the Hostess CEO(s?) raiding the company funds, a far greater share of their money went towards buying up other brands like Drake and Dolly Madison. In the long run, the stock holders are responsible for dealing with the CEO(s?) [Most corporations have only ONE CEO, so I'm not quite sure why Ronald sees more than one, except that perhaps his rose-tinted view always sees more big, bad, evil businessmen than actually exist.]
November 18th, 2012 at 9:42 am
Ron-
How do you feel about MF-Corzine?
Jeffy Emelting?
Did they pay ANY taxes? Prosecuted for “losing” billions?
Oh Wait. They are buddys with Oblamo—so everything is fine.
Pathetic Hypocrites–These Moonbats.
LMAO
ps: Have you seen the long list of companys laying off people BECAUSE of OblamoCare?
Ron? If you get sick—Hope you get a SEIU nurse!!!
November 18th, 2012 at 10:49 am
“You remind me of that rodent commercial where this woman tells a rat “you discust me” and the rat says “prove it”.”
You’re an idiot.
I’m not asking you to prove a personal opinion.
I’m asking you to present facts you say exist.
And you cant.
Because you’re a contemptuous piece of garbage.
Ronald;
” When Hostess saw it was facing a bankruptcy just earlier this year, the 1st action was to award CEOs by tripling their salaries. Look it up!”
Once again. Its upon you to present these facts and “not” mine or any other persons responsibility to look them up.
Is that easy enough for you to comprehend ?
You’d make a terrible trial lawyer if you present a case by telling everyone “the proof is out there if you look it up”