Tuesday, September 10, 2019

Under Obama....Rich got richer. Poor got poorer.

Under Obama.......
The Rich got richer.
The poor got poorer.
That is why we now have Trump.
If Obama wasn't a failure we would now have Hillary.
So if you don't like Trump...... you can blame Obama.
the only increase in wealth during that period accrued to the top 10% of the income spectrum, which saw a 27% rise in wealth.
The bottom 80% lost wealth, either a little or a lot. Losses ranged from half a percentage point to 70%
between 2008, the year before Obama took office, and 2015, the final year of the study, inflation-adjusted income was essentially flat for the bottom 80% of earners. Income rose only for the top one-fifth of earners.
Greenberg is right that many everyday Americans still suffered losses.


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