Obama’s War on the Middle Class: Gas Prices Double – Incomes Drop

[jojajn]

Originally Posted by jt800

Barack Obama hates the poor and middle class.



Thanks to Barack Obama gas prices doubled, incomes dropped, unemployment soared and the deficit tripled in less than four years.

The poor and middle class suffered the most.

snip.......

** According to analysts at Sentier Research, median household income has dropped $4,520, or about one month’s average wages, since President Obama took office.

** The average price for a gallon of gas has more than doubled since January 2009, from under $2 to now almost $4.

Are you advocating increasing the minimum wage and nationalizing oil companies? This would be the only way Obama could control the price of gas and increase the average income.

[jt800]

Originally Posted by emcee squared

Obama did this? Seriously, think for a few minutes before you start a thread.

Gas prices ARE over DOUBLE.....FACT.

Median Incomes are DOWN.....FACT.

The Debt has TRIPLED....FACT.

US Credit Rating has been downgraded TWICE....FACT.

Unemployment is still over 8%.....FACT.


Obama said in 2009 that if he didn't fix the economy by his 3rd year in office, he wouldn't deserve re-election. He didn't. Should we hold him to his word?

He also said that if we passed his Stimulus, unemployment would be at 5.2% by now. That was a lie.

So...none of the points I made in the OP are wrong. THINK a few minutes before you post a rebuttal.

[jt800]

Originally Posted by jojajn

Are you advocating increasing the minimum wage and nationalizing oil companies? This would be the only way Obama could control the price of gas and increase the average income.

His 30 year moratorium on off-shore drilling certainly doesn't help gas prices.

His nixing the Keystone Pipeline doesn't help gas prices.

And IF it's true he can't control wages, then how is it possible that Bush could INCREASE the Median Household Income?:

By 2003, Mr. Bush grasped this lesson. In that year, he cut the dividend and capital gains rates to 15 percent each, and the economy responded. In two years, stocks rose 20 percent. In three years, $15 trillion of new wealth was created. The U.S. economy added 8 million new jobs from mid-2003 to early 2007, and the median household increased its wealth by $20,000 in real terms.

Source: DWYER: Bush tax cuts boosted federal revenue - Washington Times

[jojajn]

Originally Posted by jt800

His 30 year moratorium on off-shore drilling certainly doesn't help gas prices.

His nixing the Keystone Pipeline doesn't help gas prices.

And IF it's true he can't control wages, then how is it possible that Bush could INCREASE the Median Household Income?:



Source: DWYER: Bush tax cuts boosted federal revenue - Washington Times

Off-shore drilling is done by oil companies from other countries. BP is a Britain company. This drilling risks our shores and is sold on a global market anyway.

The Keystone pipeline threatens the water tables of four states. Drinking water is much more important than oil! This pipeline is not "nixed" only told to find an alternate route to the exportation port in Texas where it too will be sold on a global market.

About Bush "boosting tax revenue;" he sure spent that like a drunken sailor!

[jt800]

Originally Posted by jojajn

Off-shore drilling is done by oil companies from other countries. BP is a Britain company. This drilling risks our shores and is sold on a global market anyway.

The Keystone pipeline threatens the water tables of four states. Drinking water is much more important than oil! This pipeline is not "nixed" only told to find an alternate route to the exportation port in Texas where it too will be sold on a global market.

About Bush "boosting tax revenue;" he sure spent that like a drunken sailor!

Liberals don;t "get" supply and demand.....

The more oil on the market the less the demand and the lower the price..

Obviously JOBS aren't important to Obama or Liberals either.....The Keystone Pipeline and the loss of all those oil related jobs by Obama's 30 year moratorium on off-shore drilling have cost the USA thousands of jobs.

Many US oil companies also drill off shore

The quote with the RED highlighted and bolded sentence usually means that part was what was being addressed. You said Obama can't control wages, but the RED BOLDED part PROVES that Bush was able to increase the median household income by $20,000 in real terms.

I even quoted you saying that...how did you possibly miss the point?

And for YOu of ALL people to talk about Bush spending like a drunken sailor is so laughable it's hard to type.........Obama has TRIPLED the DEBT!!!!!!!