Obama: "American [Peasants], I Created Jobs for You!" Making 23% Less

By Elizabeth Nelson

We won't even discuss our Nation's security issues or the impending inflation, once we stop printing that funny money that we've been printing for years, to crutch up our economy, we'll save that for a later date, we'll just focus on jobs.  Obama loves to brag and toot his own horn, "we are at 6.2% unemployment."

Like hell we are, that's the cherry-picked U-3 rate, those that are still being reported and getting a government pay check to sit on their couch. The U-6, the total unemployed and partially employed is actually 12.2%, according to the Bureau of Labor Statistics. The liberal media will spin this "Obama has created more jobs than Bush did his FIRST Term," but what they still aren't telling you the entire story; they refuse to tell you about the people who stopped looking for work, lowest labor force participation rate (63%) the lowest since 1979, when Carter was in office.  Now what about all of those "created jobs" Obama keeps bragging about.  Yeah, he's not being honest about those either. US jobs that returned after 2008 recession pay 23 percent less.

Workers in the United States are earning an average of 23 percent less than earnings from jobs that were lost during the economic recession that began in 2008, according to a new report.

The average salary in sectors where jobs were lost - especially manufacturing and construction - during the recession was $61,637, according to the report from the United States Conference of Mayors (USCM). In comparison, job gains in those sectors through the second quarter of 2014 came with average wages of $47,171. The difference comes out to a $93 billion in lower wage income, the USCM found.

Liberals would rather blame Bush for this anemic growth, the person who never once blamed anyone for the unsustainable problems and the economy that he inherited from Clinton and never once blamed one American for being greedy and over-extending their credit by taking out a loan on a home (Clinton's Everyone Deserves a home, the "American Dream") they knew they couldn't afford.

"Under a similar analysis conducted by the Conference of Mayors during the 2001-2002 recession, the wage gap was only 12% compared to the current 23%--meaning the wage gap has nearly doubled from one recession to the next," said the Conference of Mayors in a statement.

The report also said that 73 percent of metro-area households earn salaries of less than $35,000 a year.  USCM represents US cities with populations of more than 30,000. Read more RT

 

Liberals really do believe Obama's crap, that this recession and lack of recovery is all Bush's fault. It's easier to believe that than admit they were wrong, their "savior" lied to them, or be held accountable for their overspending or hold Obama accountable for his 
anemic "recovery" growth. 


Especially when we've been out of "Clinton Recession" since 2009, which was aided by Buycks-Roberson v. Citibank Fed. Sav. Bank (Obama being the lead attorney with ACORN) which stopped President Bush and the GOP from changing the lending standards and demanded that loans be made to poor people, and others who could not show proof that they could pay the money back. The basis of the lawsuit was the 14th Amendment, which requires 'fair and equal' treatment for all citizens. Now Obama has no one to blame for our ailing economy but himself and his failed policies.