Personal Income Falls 3.2% in Odamna's 1st 15 Months

[crusader rabbit]

http://www.washingtontimes.com/news/2010/apr/13/personal-income-falls-32-during-obamas-15-months/

Washington Times has this covered well.  Unusual for the MSM to say anything critical of Dear Leader.  But, most of us already know we have less disposable income than we had under Bush.  Now, some unfortunately have to ask, "What's disposable income?"

WT also notes that the current recession is probably not "the worst since the Great Depression" as stated so often by Odamna. 

Hmmmm...  Maybe America is starting to wake up and smell the coffee.  One can only hope.

For the salvation of the country, we must vote out this batch of thieves--Now THERE's Change You Can Believe In.

[ericire12]

With average yearly inflation of 3% that means the average American has 6% less income..... Considering who is in office, I think we dodged a bullet.

[crusader rabbit]

With average yearly inflation of 3% that means the average American has 6% less income..... Considering who is in office, I think we dodged a bullet.

You might be right on that one, Eric.  But, the profligate spender, GWB, only managed to lead a 0.4% decline.  Odamna has increased that by an order of magnitude.  And he's got another 18+ months to lead us further into ruination.

[ericire12]

You might be right on that one, Eric.  But, the profligate spender, GWB, only managed to lead a 0.4% decline.  Odamna has increased that by an order of magnitude.  And he's got another 18+ months to lead us further into ruination.

But its Bush's fault. Obama had no idea how bad things were until after he was in office

[Texas_Bryan]

Average video game developer's salary decreased 4% last year.   I blame all of you for not buying video games.

[Sponsor]

[Hazcat]

Average video game developer's salary decreased 4% last year.   I blame all of you for not buying video games.

Sorry, I don't game.  Neither does HazJr.

[ericire12]

Average video game developer's salary decreased 4% last year.   I blame all of you for not buying video games.

We bought a Nintendo Wii for the kids for Xmas. If anyone wants to get together to play some Call of Duty let me know.







*Oh, boy! we are thread drifting now!

[WatchManUSA]

1. Personal income falls
2. Inflation going up
3. Rising interest rates

I just read an article today that bond prices are going up which means interest rates are higher.  Is the perfect storm gathering?

[ericire12]

And when is bHo gonna get around to fixing the economy? When is bHo gonna get around to fixing the issue with jobs? Now that he is done with healthcare shouldnt he be working on those two things?

Nah, he would rather focus all his time on earning that Nobel Peace prize that he got..... can you say, "the rest of the world has figured out how to control our President"? First he did that nuclear treaty with Russian, then he redefined how we will use our nukes, now he is having that worthless nuclear summit in Washington (Iran and North Korea didnt even show up!). Beta male indeed!

ITS THE ECONOMY STUPID! 

[tt11758]

Actually, I took about a 16% pay cut this year.  And when you consider that my health insurance premiums are slated to increase 27% July 1st, the exact percentage of my pay cut can be calculated out to B.O.H.I.C.A.