|10-22-2013, 02:53 PM||#1|
Join Date: Jan 2003
Location: Twixt Hell & Highwater
The Success of Right Wing Propaganda
They say the biggest problem is the size of government and the budget deficit.
In fact our biggest problem is the decline of the middle class and increasing ranks of the poor, while almost all the economic gains go to the top.
The Labor Department reported Tuesday that only 148,000 jobs were created in September -- way down from the average of 207,000 new jobs a month in the first quarter of the year.
Many Americans have stopped looking for work. The official unemployment rate of 7.2 percent reflects only those who are still looking. If the same percentage of Americans were in the workforce today as when Barack Obama took office, today's unemployment rate would be 10.8 percent.
Meanwhile, 95 percent of the economic gains since the recovery began in 2009 have gone to the top 1 percent. The real median household income continues to drop, and the number of Americans in poverty continues to rise.
So what's Washington doing about this? Nothing. Instead, it's back to debating how to cut the federal budget deficit.
The deficit shouldn't even be an issue because it's now almost down to the same share of the economy as it's averaged over the last thirty years.
Robert Reich should run for office. He's one of the few people who can see the truth through all the veils of manufactured bull**** coming from the Right.
|10-23-2013, 02:42 AM||#2|
Mo' holla fo' yo' dolla!
Join Date: Dec 2002
Location: In a bunker in an undisclosed location
Check out the documentary "We're Not Broke" on Netflix to see where the money is really going.
For starters, we spend twice as much $$$ on defense as all our competitors combined.
I guess that's what happens when you get an "uber liberal" like Obama in the WH.