Is Everybody Really Worse Off? Certainly not...

Banned

Oct 28, '10 · 11:26 AM3,443

Interesting article about who has gained and who has lost during the duration of the Obama administration.

The unemployment rate was 6.9 percent when Obama got elected. It's 9.6 percent now. America has lost nearly 5 million jobs over the last two years. The economy is supposedly recovering, yet the huge stimulus plan from 2009 hasn't accomplished what Democrats said it would. Many Americans worry that prosperity is gone forever.

But the whole country isn't down and out, and if Obama were to ask voters if their lives have improved over the last two years, many could credibly answer yes.

Who's Gained And Lost Under Obama, So Far - Yahoo! Finance

Replies

SWGB

Nov 2, '10 · 11:55 AM#77

It's good to see you trying to rationalize the loss in your mind. It inspires hope...

I think people are voting more against politricks and what has been happening than FOR Republicans.

You keep talking about a loss and these amazing poll numbers, oddly when asked for a source you're silent.

SoWal Expert

Nov 2, '10 · 12:33 PM#78

I would never put blame where I am not sure it belongs, but our lives have changed in the last two years.

We have lost a great deal of our retirement fund and we have many friends who have lost jobs.

Due to those that have lost jobs my husband works much more than before with less time off, trying to cover their jobs. This has caused him much physical injury.

Crime is up in areas, where my Mom lives, that never occurred until now. So many are out of work, they have turned to crime.

As to whether a particular President is to blame; absolutely have no idea but our lives have changed.

I think it REALLY all depends on where you live, if you are employed (and by whom), and if/when you purchased a house.

Some friends of mine have done quite well the last couple of years - because their jobs were in unaffected industries, their company continued to expand, and they could finally afford to buy houses.

Others have had pay freezes, furloughs, etc. and lost money in real estate deals.

But most of the money I "lost" in the stock market is back - and it kept earning dividends.