After One Full Term of Obama… 4 of 5 American Adults Face Near-Poverty & No Work

[bsteadman]

After One Full Term of Obama… 4 of 5 American Adults Face Near-Poverty & No Work

The Gateway Pundit
Jim Hoft
7/28/2013

Excerpt:

Worst. President. Ever.

After four-and-a-half years of Obama four of five American adults sturggle with joblessness and near-poverty conditions.

The AP reported:

Four out of 5 U.S. adults struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.

Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor and loss of good-paying manufacturing jobs as reasons for the trend.

The findings come as President Barack Obama tries to renew his administration’s emphasis on the economy, saying in recent speeches that his highest priority is to “rebuild ladders of opportunity” and reverse income inequality.
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View the complete article at:

http://www.thegatewaypundit.com/2013...verty-no-work/

[bsteadman]

Exclusive: Signs of declining economic security

Associated Press - (color emphasis added)
Hope Yen
7/28/2013

Excerpt:

WASHINGTON (AP) — Four out of 5 U.S. adults struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.

Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor and loss of good-paying manufacturing jobs as reasons for the trend.

The findings come as President Barack Obama tries to renew his administration's emphasis on the economy, saying in recent speeches that his highest priority is to "rebuild ladders of opportunity" and reverse income inequality.

Hardship is particularly on the rise among whites, based on several measures. Pessimism among that racial group about their families' economic futures has climbed to the highest point since at least 1987. In the most recent AP-GfK poll, 63 percent of whites called the economy "poor."
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View the complete article at:

http://bigstory.ap.org/article/exclu...erty-no-work-0

[bsteadman]

Free Republic is running a thread titled, 'After One Full Term of Obama… 4 of 5 American Adults Face Near-Poverty & No Work', which was started 7/28/2013 '2ndDivisionVet'

The thread references a 7/28/2013 Gateway Pundit written by Jim Hoft and covering an extensive article appearing in the Associated Press - http://www.thegatewaypundit.com/2013...verty-no-work/

View the complete Free Republic thread at:

http://www.freerepublic.com/focus/f-news/3048336/posts