The US Middle class has had a terrible 12 years. Thanks to government policies (both parties) and globalization, companies have moved many of the jobs that enabled the middle class lifestyles offshore. This discontent as well as the collapse of 2008 enabled Obama to be elected the first American pharaoh. He promised his polices would lead to an unprecedented economic golden age that would make the seas recede and the sky cleaner. The media, who are his Theben Priests, have been claiming the economy is good and prosperity is all around us. Many Americans have fallen for this lie and adore Obama as the god-king of their lives. But others know its a lie.
Since 2009 the situation for America’s middle class has gotten worse. Incomes have declined since companies very rarely give raises now. Most jobs created are service jobs that pay minimum wage. Thanks to Ben Bernanke’s money printing the value of the dollar has declined, eroding the standard of living. The Pharaonic regime has increased the debt 5 Trillion dollars in 3 1/4 years. The reality is that this is not the golden age of the American Pharaoh that the media’s propaganda is peddling. The American middle class is suffering like never before.
Barack Obama campaigned four years ago assailing President George W. Bush for wage losses suffered by the middle class. More than three years into Obama’s own presidency, those declines have only deepened.
The rebound from the worst recession since the 1930s has generated relatively few of the moderately skilled jobs that once supported the middle class, tightening the financial squeeze on many Americans, even those who are employed.
“It started long before Obama, but he hasn’t done anything,” said John Forsyth, 58, a railroad-car inspector and political independent from Lebanon, Ohio. “He kept pushing this change, change, change, and he hasn’t done anything.”
Underlying the erosion of the middle class, defined by some economists as the middle 60 percent of income earners, are trends that stretch back decades, including competition from lower-wage workers overseas and technological advances that allow factories and offices to produce more with less labor.
As a candidate in 2008, Obama blamed the reversals largely on the policies of Bush and other Republicans. He cited census figures showing that median income for working-age households — those headed by someone younger than 65 — had dropped more than $2,000 after inflation during the first seven years of Bush’s time in office.
Yet real median household income in March was down $4,300 since Obama took office in January 2009 and down $2,900 since the June 2009 start of the economic recovery, according to an analysis of census data by Sentier Research, an economic- consulting firm in Annapolis, Maryland.
Obama is an empty suit and a symbol built up by the media. He has no answers for America’s problems. Instead he cracks jokes and sings. When 45-47% of the population views you as a divine being you can get away with these lies.
Unfortunately, the elites in our nation (both parties) don’t care about the decline of the American Middle Class. They are more concerned about serving the interest of the House of Saud or supporting the Muslim Brotherhood’s Arab Spring agenda than the plight of their fellow Americans. The only solution is for every American to acquire a marketable skill and prepare for constant retraining in their lives. The days of a comfortable middle class are over. There is no politician or political movement on the horizon with an agenda to solve the problem. Americans must take matters into their own hands and look out for themselves.
The American Pharaoh made a bad situation worse. Then again, as a 3rd World Liberation ideologue that was his plan all along.
Tags: American Pharaoh, Stagnation, The Obama Boom
