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Subject: Re: Stop Obama
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dfw.politics:367

On Nov 5, 3:00 pm, Cade Larson  wrote:

>
> In January 2009, the month President Obama entered the Oval Office and
> shortly before he signed his stimulus spending bill, median household
> income was $54,983. By June 2012, it had tumbled to $50,964, adjusted
> for inflation. (See the chart nearby.) That's $4,019 in lost real
> income, a little less than a month's income every year.


The September 2008 collapse caused about $4 trillion in wealth to
disappear just in the United States.  That's some
$13,000 for every man, woman and child.  To think that would not
affect household incomes adversely for many years is foolish.
If anything, the stimulus was not big enough to keep the economy only
in mild recession.
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