From you link EB.....Wow those Socialists didn't mince words about BO, huh?
The disastrous condition of US households is the result of the deliberate policies of the Obama administration, which has provided the banks and financial corporations with trillions of dollars in free cash, while encouraging companies to slash wages and offering no meaningful assistance to homeowners or student loan borrowers in distress.....snip~
How about telling me exactly what it is about Obama that you like and what has he done to make things better for the country?
Hamas is attacking. Israel is defending. Russia is invading. The Middle East is smoldering. Boko Haram is massacring. ISIS is marching. Iran and N Korea are threatening. China is expanding. American cities are crumbling. Our southern border is dissolving. Our debt is skyrocketing. Obamacare is falling apart. The VA is showing us how Obamacare will wind up. The IRS is violating the law. Americans are hurting. Our enemies are laughing.
And Obama is fundraising
From EB's link.
Of the two-thirds of households who had savings in 2008, a quarter reported using up “some” or “nearly all” of their savings “to pay for bills and expenses.”
The disastrous condition of household finances is an expression of the continued prevalence of mass unemployment and the expansion of low-wage labor. The share of the US population that is employed remains at 59 percent, down from nearly 65 percent at the beginning of 2000.....snip~
The study by the World Socialists is telling and worrisome. It petty much confirms that most households are in a precarious financial position, without reserves to handle the unexpected expenses of the curve balls that life typically throws at each of us.
Interesting, to observe, that they trace that right back to Obama's failed economic and stimulus policies, rather than what one would expect from socialists, which is the evils and unfairness of the capitalistic economic system itself, as well as the 1%ers, and businesses exploiting the bourgeois. Almost out of character, one could imagine.
Guess Obama must really have screwed the pooch with his economic and stimulus policies to have garnered the wrath of the Socialists like this.
Nancy Pelosi said: “We have to pass it, to find out what’s in it.” A Doctor called to a radio show & said: "That's the definition of a stool sample"
"Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket," Barack Obama January 2008
Yeah, I have noticed Krugman not being as vocal as he was.....plus he screwed the Pooch in all areas of Foreign Policy. It's getting to the point that the MS Media just wont be able to give him any more cover. That there will now, always be something bad happening and there will be no place to turn and run away from that news.