Obama: President of Poverty
NEW YORK – As Americans celebrate Thanksgiving, it is important to remember that despite establishment-media reporting of an Obama “economic recovery,” the number of Americans on welfare today is higher than the number that have full-time jobs, says Michael Snyder, creator of TheEconomicCollapseBlog.com.
Snyder outlined the economic reality in a recent editorial that points out the fragility of the U.S. economy.
“The gap between the wealthy and the poor is at a level that America has never seen before, and this is beginning to create a ‘Robin Hood mentality’ that could cause a tremendous amount of social chaos in the years ahead,” Snyder writes.
“Anger at the ‘haves’ in America continues to rise at a very alarming pace, and the ‘have nots’ are becoming increasingly desperate. At some point all of this anger is going to boil over, and you won’t want to be anywhere around major population centers when that happens.”
via Poverty under Obama rises to alarming level |.
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Reblogged this on idealisticrebel and commented:
The comments here leave out many faults. The market crash hurt many people, myself included. Bush removed many of the checks and balances which would have this mess.