Obama loves the poor: that’s why he’s created so damn many of them.
In the God damn America of Barack Obama, the poor people that Obama promised his policies would save are (of course) unable to buy a house while watching their rents skyrocket.
They could live in their cars, but damn it’s too expensive for them to pay the regressive tax of Obama’s gas prices.
Of course, it used to be that you could always at least find a minimum wage job to help make ends meet – but Obama in his abundant compassion kept milions from that kind of drear and drudgery.
The thing is, Michelle Obama would never say, “Let them eat cake” and is frankly offended that cake is being wasted on the proletariet who clearly don’t deserve cake until November when it’s time to vote again.
As is often the case, there is a big difference between what the government statistics are reporting and what’s going on in the real world. According to the most recent inflation reading published by the Bureau of Labor Statistics (BLS), consumer prices grew at an annual rate of just 1.1% in August.
The government has an incentive to distort CPI numbers, for reasons such as keeping the cost-of-living adjustment for Social Security payments low. While there’s no question that you may be able to get a good deal on a new car or a flat-screen TV today, how often are you really buying these things? When you look at the real costs of everyday life, prices have risen sharply over the last year. For simplicity’s sake, consider the cash market prices on some basic commodities.
On average, our basic food costs have increased by an incredible 48% over the last year (measured by wheat, corn, oats, and canola prices). From the price at the pump to heating your stove, energy costs are up 23% on average (heating oil, gasoline, natural gas). A little protein at dinner is now 39% higher (beef and pork), and your morning cup of coffee with a little sugar has risen by 36% since last October.
Good thing Obama can use the same math to calculate inflation that he’s using to calculate his uemployment rate. That way he and his media propaganda can keep assuring us that things are going just swell.
Mitt Romney sums up Obamanomics thus:
“Today, we have a different set of ailments. Instead of unemployment coupled with inflation, we have a toxic blend of unemployment, debt, home foreclosures, and bankruptcies,” he says. “Their sum total is what we can call the Obama Misery Index. It is at a record high. Indeed, it makes even the malaise of the Carter years look like a boom.”
Since a picture is worth a thousand words, I sum up Obamanomics this way:
I hope none of this is giving anybody a headache. Because ObamaCare is all about dumping millions of patients into Medicaid – and doctors are fleeing Medicaid the way rats flee sinking ships. And lifesaving drugs are becoming as scarce thanks to the brave new world of ObamaCare as bread was on the shelves of the former Soviet Union.