The Crush Of The Middle Class Under Obama

On the stump and in the debates, the President is at the ready to tout his economic achievements.  He talks about turning the economy around, about creating 4.5 million jobs, about having cut taxes on small businesses 18 times,  lowering the unemployment rate from 10.2% in 2010 to today's 7.8,  and, having been there for the middle class.  But, there is one fact that truly belies Mr. Obama's words.  That fact is the number of people who have fallen out of the middle class under his economic policies.

In 2008,  32 million Americans or slightly more than 10% of our population were either classed as being low income or in poverty; as noted by this chart:

In 2009, that number jumped to around 37 million Americans; or, more than 12% of the population.  By the end of 2012, it is expected that nearly 22% or 66 million Americans will find themselves below the middle class.  That's a doubling since Obama was elected.  All this proves is that America has only gotten poorer, as a country, under Obama.  This is why food stamp usage has so dramatically risen in the last 3-1/2 years.  Why the average family income has fallen by $4300 since Bush left office.  And, proof that Obama's job creation hasn't been for any high quality and high paying jobs.  Truly, there are 66 million people, out there, who can't say they are better off than 4 years ago.

--- Interestingly, the above chart was created by a left-wing, progressive website called "Think Progress".  If they thought that this chart would help Obama and the progressive cause, they are sorely mistaken.  If anything, it only proves that Obama's idea of bigger government has done nothing but to make Americans worse off.  Anyway, here's that site and their story on that chart: http://thinkprogress.org/economy/2012/08/20/714241/chart-number-of-americans-near-or-below-poverty-level-to-reach-all-time-high-in-2012/