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SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!

 
Saddletramp
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SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
From: The Weekly Standard

Americans must be wondering how much more of this “recovery” they can afford. New figures from the Census Bureau’s Current Population Survey, compiled by Sentier Research, show that the typical American household’s real (inflation-adjusted) income has actually dropped 5.7 percent during the Obama “recovery.” Using constant 2012 dollars (to adjust for inflation), the median annual income of American households was $53,718 as of June 2009, the last month of the recession. Now, after 38 months of this “recovery,” it has fallen to $50,678 — a drop of $3,040 per household...

[link to www.weeklystandard.com]

Welcome to Obama's EBT Recovery (Hey it rhymes), since the entire recovery has been based on Govt spending, pulling it from the pockets of the Wealthy and the Middle Class to give EBT Cards and Mobile Phones to the "Freeloader" class...


So, in the words of Obama, "Are you better off than you were four years ago?!?!?"

ochange

Last Edited by Saddletramp on 09/28/2012 01:23 PM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
No Dhimmi

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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
:Obama Fiddles Wh:
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Saddletramp  (OP)

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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Of course the MSM will never report this stat, they just continue to regurgitate the same ol' lines about a "Recovery"...which is of course totally dependant on our tax dollars and debt...

Since if it wasn't for this 1.6 Trillion Per Year Deficit, there would be NO RECOVERY!!!

Last Edited by Saddletramp on 09/28/2012 12:03 PM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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09/28/2012 12:05 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Of course the MSM will never report this stat, they just continue to regurgitate the same ol' lines about a "Recovery"...which is of course totally dependant on our tax dollars and debt...

Since if it wasn't for this 1.6 Trillion Per Year Deficit, there would be NO RECOVERY!!!
 Quoting: Saddletramp


Which of course (and I shouldn't even have to say this) without real economic growth from private industry, is totally unsustainable and only worsening the problem in the end...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Anonymous Coward
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09/28/2012 12:26 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
I've been getting 5%+ pay increases every year. Of course it doesn't equate to that when you figure rising prices of food and gas.
Saddletramp  (OP)

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09/28/2012 12:33 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
I've been getting 5%+ pay increases every year. Of course it doesn't equate to that when you figure rising prices of food and gas.
 Quoting: Anonymous Coward 18304550


Yeah, 5% doesn't do much when the real rate of inflation(the inflation taking into account housing, energy, and food, the three catagories they remove from CPI) is running 6+%
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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09/28/2012 12:34 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
All this increased Govt spending and Social Security Recipients haven't had a cost of living adjustment for four years now...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Mulehound

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09/28/2012 12:34 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
I haven't seen a raise in 4.5 years.... I am not better off, but then I knew that would happen when they elected this jackass.
Saddletramp  (OP)

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09/28/2012 01:15 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
I haven't seen a raise in 4.5 years.... I am not better off, but then I knew that would happen when they elected this jackass.
 Quoting: Mulehound


Looks like you are in the majority when it comes to stagnate or falling wages though...

I guess it doesn't pay to be on the winning team in this case...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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09/28/2012 01:19 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
This whole recovery business has been a sham, I saw a stat that in 2010 for every $1.00 of govt spending we were only gaining .06 cents in GDP.

In 1987 for every $1.00 of govt spending we had $4.60 worth of GDP...

That means there is no private industry component to this recovery, which means its all on the backs of the taxpayers (the middle class and the wealthy)...

And Jobless Recovery...what a bunch of horseshit that was...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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09/28/2012 01:26 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
I think I'll try to make a poem out of that, EBT Recovery...that's catchy!
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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09/28/2012 01:30 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Here's a good example of our EBT Recovery at work...


"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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09/28/2012 01:34 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Another good example of Obama's EBT Recovery...


"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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09/28/2012 01:42 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
This is where the tax payer money go...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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09/28/2012 01:47 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Another good example of Obama's EBT Recovery...

Throwing it in the taxpayers face...


 Quoting: Saddletramp

"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
amywood71605

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09/28/2012 01:48 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Husband and I make about 45,000 a year, which is actually more than a few years ago, but that's because I'm working now (was staying at home with the kids for awhile) and both of us got better paying jobs. I know that's not the case for everyone though, and even with that - 45K isn't a lot.
"Live each day like it's your last, love like you've never been hurt, and dance like no one is watching."

GO PATS!!
:Go Patriots!:
Saddletramp  (OP)

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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Husband and I make about 45,000 a year, which is actually more than a few years ago, but that's because I'm working now (was staying at home with the kids for awhile) and both of us got better paying jobs. I know that's not the case for everyone though, and even with that - 45K isn't a lot.
 Quoting: amywood71605


You mean you did this without govt assistance!!!

That means you're not paying your fair share!!!

(just kidding) glad you guys are doing okay out there!
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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09/28/2012 02:02 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Here's a good example of our EBT Recovery at work...


 Quoting: Saddletramp


Every time I see this video I just want to throw up...

This is not the America I grew up in...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Take What U Kin Get!
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
So? That's still preferable to the "No Recovery"!
Anonymous Coward
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09/28/2012 03:36 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
the next 4 years will feature collapse...real collapse. yet they will spin it and crank out totally bogus numbers to fool the usual idiots. But we'll get to the point where most of his supporters will finally figure out that there will be no recovery and that they've been lied to all this time. And when the EBT cards buy very little, all hell is gonna break loose.....
loosegoose

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09/28/2012 04:26 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Another good example of Obama's EBT Recovery...

Throwing it in the taxpayers face...


 Quoting: Saddletramp

 Quoting: Saddletramp


Yeah why you concentrating on this, people on welfare is not recieving raises????? If you want to vamp at someone go protest about it.
loosegoose
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09/28/2012 04:27 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Shit flows downhill. If your at the bottom?
Where would the shit be flowing from?
Jenga falls from the top, Get a clue
loosegoose

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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Here's a good example of our EBT Recovery at work...


 Quoting: Saddletramp


So what if they get free cellphones, what the hell is a cell phone they not receiving anything extravagant what about those politicians that don't do anything why don't y'all go argue to them what they doing to yall tax money why they making 150,000 a year and spending yall money. Dummies Americans. Look they the ones that not doing nothing for yall like yall senators.People on welfare is not receiving that much wow.Instead of focusing on little problems like that Americans dont like protesting about anything.
loosegoose
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
the next 4 years will feature collapse...real collapse. yet they will spin it and crank out totally bogus numbers to fool the usual idiots. But we'll get to the point where most of his supporters will finally figure out that there will be no recovery and that they've been lied to all this time. And when the EBT cards buy very little, all hell is gonna break loose.....
 Quoting: Anonymous Coward 23011194


Collapse caused by the lowest 10%. Not likely, but keep on sippin that Kool Aid while you are robbed blind
PravdaDemocrat

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09/28/2012 04:40 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
THOSE OF US WHO LIVED THROUGH JIMMY CARTER KNEW EXACTLY WHAT WAS COMING....

Even Hillary tried to warn the jackasses what would happen, if they were dumb enough to elect Obama.

WHY DIDN'T YOU LISTEN???

Last Edited by PravdaDemocrat on 09/28/2012 04:44 PM
ChivalryKnight
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Add also loss of purchasing power from so much money printing!!!
Proverbs 3:5 Trust in the Lord with all thine heart; and lean not unto thine own understanding.
6 In all thy ways acknowledge him, and he shall direct thy paths.

"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not." Jefferson

Laughter is health to the bones so just do it!
PravdaDemocrat

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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Here's a good example of our EBT Recovery at work...


 Quoting: Saddletramp


Every time I see this video I just want to throw up...

This is not the America I grew up in...
 Quoting: Saddletramp


YES, it is...
You just didn't see it, because you were three degrees removed from it. The Media wasn't going to tell you about it, it might make a Democrat look bad.

This isn't anything new, this crap has been a growing cancer for 40 years. It's just that we've now reached the tipping point, where the parasites almost outnumber the productive.

WHO IS JOHN GALT, again?
Anonymous Coward
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Add also loss of purchasing power from so much money printing!!!
 Quoting: ChivalryKnight


Poor people had nothing to do with that.
Some of you folks are amazeing.
16 trillion missing from the Fed, not the debt, thats a whole other 16 trillion, and you are bitchin about Kemeshawanda geting a 250 minute cell phone

rofl
LindaE

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09/28/2012 05:28 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Actually, Social Security DID give us a COLA (cost of living allowance) this past year. I believe it was 3%. And they lowered (just a few dollars) what we pay into Medicare each month.

As a good friend always says, "It's better than a poke in the eye with a sharp stick." bump
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09/28/2012 06:25 PM

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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Somebody needs to tell that Jackson guy about this.
Saddletramp  (OP)

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09/28/2012 06:36 PM
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Re: SYSTEM SHOCK: American Incomes Have Fallen $3,040 During Obama Recovery, Maybe We Should Call It The "EBT" Recovery!?!?!
Here's that poem I promised...

Obama EBT Recovery

Thread: Obama EBT Recovery, a poem by We The People Who Pay For This Shit...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"





GLP