Barrack Obama- Patron Saint of the 99%

[DonDadda59]

He will be remembered as one of the all time greats. Saved the Nation from the abyss that the last GOP disaster of a Presidency brought us to. Now this:


Median household incomes just surged in the largest increase on record

Median household incomes just surged for the first time since 2007, according to the latest US Census report on income and poverty in the US.

The median household income rose in real terms by 5.2% to $56,516 in 2015, up from the 2014 median of $53,718 (the green line on the chart). This was the largest increase on record, according to University of Michigan economics professor Justin Wolfers.

Looking under the hood of the data, from 2014 to 2015 the real median income for:


Non-Hispanic white households increased by 4.4%
Black households increased by 4.1%
Hispanic-origin households increased by 6.1%
Asian households had no statistically significant change


Plus, this was the first annual increase for non-Hispanic white and Black households since 2007, according to the Census.

...

Also notably, the number of households living in poverty dropped by 1.2 percentage points from 2014 to 2015 to 3.5 million. This was the largest annual percentage point decrease in poverty since 1999.




Justin Wolfers @JustinWolfers
The income gains were broadly distributed, including every demographic, age, region and gender, and were stronger for the poor than the rich


Justin Wolfers @JustinWolfers
The income gains last year were the largest ever recorded for the 10th, 20th, 30th, 40th, 50th, 60th, 70th and 80th percentiles.
10:39 AM - 13 Sep 2016

http://www.powerlineblog.com/ed-assets/2014/05/cool-obama.jpg

:bowdown: :bowdown: :bowdown:

[UK2K]

WSJ headline:


U.S. Household Incomes Surged 5.2% in 2015, First Gain Since 2007

That should make up for the last 7 years. :oldlol:

[Nick Young]

Even Obama is based sometimes.
http://www.snopes.com/wordpress/wp-content/uploads/2016/07/obama-2008.jpg

[DonDadda59]

WSJ headline:



That should make up for the last 7 years. :oldlol:

The last GOP-manufactured financial meltdown was actually more destructive and widespread than the Great Depression. Just look at all the other World powers' economies right now. Compare the United States to the EU Nations, China, and especially Russia (we know how much some of you want us to be led by the great Vladimir Putin :lol ).

The Nation- accross all segments of the population, just saw record wage increases and poverty rates plummeting. The increases have been felt most by people in the lower to mid end of the financial spectrum instead of the usual rich get richer/poor get poorer paradigm.. But we still have detractors. :facepalm

[Nick Young]

The last GOP-manufactured financial meltdown was actually more destructive and widespread than the Great Depression. Just look at all the other World powers' economies right now. Compare the United States to the EU Nations, China, and especially Russia (we know how much some of you want us to be led by the great Vladimir Putin :lol ).

The Nation- accross all segment of the population, just saw record wage increases and poverty rates plummeting. The increases have been felt most by people in the lower to mid end of the financial spectrum instead of the usual rich get richer/poor get poorer paradigm.. But we still have detractors. :facepalm


How do you feel about your girl Hillary declaring that she is
"Very proud to be a Goldwater girl." (https://www.youtube.com/watch?v=VGtkpA7luUE)?


Atleast she doesn't feel "no ways tired." (https://www.youtube.com/watch?v=Y-H9BOIYhgc)

Obama hates her. Powell hates her. Bill hates her and would rather dick bimbos than bang his own wife. It seems like the people closest to Hillary are the ones who hate her the most.

[UK2K]

The last GOP-manufactured financial meltdown was actually more destructive and widespread than the Great Depression. Just look at all the other World powers' economies right now. Compare the United States to the EU Nations, China, and especially Russia (we know how much some of you want us to be led by the great Vladimir Putin :lol ).

The Nation- accross all segments of the population, just saw record wage increases and poverty rates plummeting. The increases have been felt most by people in the lower to mid end of the financial spectrum instead of the usual rich get richer/poor get poorer paradigm.. But we still have detractors. :facepalm

At some point..... it was going to go up. You think all the people that had money in the stock market said '**** this' and sold their shares and went home?

No. They, as well as everyone else on the planet, knew that at some point (we were all hoping for 4 years but I guess 7 will do), the economy would go back up on it's own. Even with zero government interference, it would.

So, looks it has.

[dude77]

dondadda in full meltdown now .. completely forgot about clinton which is all he's talked about for the last 5 months .. now only talks about obama



:yaohappy:

[DonDadda59]

At some point..... it was going to go up.

Record wage increases and poverty decline in the United States, when all around the World this is happening:

[INDENT]Russians' Real Wages Fall 9.5% in 2015

[B][COLOR="Red"]Gross domestic product in Russia cratered from $2.23 trillion in 2013 to $1.33 trillion last year

[UK2K]

[QUOTE=DonDadda59]Record wage increases and poverty decline in the United States, when all around the World this is happening:

[INDENT]Russians' Real Wages Fall 9.5% in 2015

[B][COLOR="Red"]Gross domestic product in Russia cratered from $2.23 trillion in 2013 to $1.33 trillion last year

[Hawker]

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/02/03/expats%20annual.jpg
Except for the middle class americans that live overseas.

[Nick Young]

A friendly reminder that Hillary actually declared war on a cartoon frog, and lost to him. (https://www.youtube.com/watch?v=HWppjAmYvgE)

[DonDadda59]

Except for the middle class americans that live overseas.

I hope they didn't move to Russia to experience that legendary Putin leadership firsthand. :roll:

In the Homeland, we're breaking records. :djparty

[Nick Young]

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[Lakers Legend#32]

Wow! People waxing nostalgic for the good old days of the Dubya Adminstration:wtf:

[Nick Young]

Wow! People waxing nostalgic for the good old days of the Dubya Adminstration:wtf:
Considering the fact that Hillary Clinton is a long time friend with the Bush family, and backed and voted in favor of every single one of George W. Bush's policies, it seem like there are indeed a small segment of the American population waxing nostalgic for the return of neoconservative Bushism.

[FillJackson]

At some point..... it was going to go up. You think all the people that had money in the stock market said '**** this' and sold their shares and went home?

No. They, as well as everyone else on the planet, knew that at some point (we were all hoping for 4 years but I guess 7 will do), the economy would go back up on it's own. Even with zero government interference, it would.

So, looks it has.

This is actually a pretty big concession from UK.