Black and Hispanic Families Lose More Wealth Under Obama Admin than Other Groups

Unemployment Rate for Blacks Jumps to 14.4 Percent - Hispanic and Latino Unemployment Rate at 11.0 PercentThis goes to show how completely unconcerned Obama and his cronies are with the plight of African Americans and Hispanic people.

If Obama was concerned with the living standard of African Americans and Hispanic families, you would have seen some kind of positive change in the earning ratios of those groups, but this is far from the case.

In fact an Urban Institute study shows that the earning ratios for African Americans and Hispanic families has not improved at all, and has actually gotten much worse under the Obama administration.

We will say it again, and this time include Hispanics.
Obama Doesn’t Care About Black People or Hispanic People unless they are rich and donating loads of their money to the perpetual Obama campaign.

Millions of Americans suffered a loss of wealth during the recession and the sluggish recovery that followed. But the last half-decade has proved far worse for black and Hispanic families than for white families, starkly widening the already large gulf in wealth between non-Hispanic white Americans and most minority groups, according to a new study from



...Continue Reading Black and Hispanic Families Lose More Wealth Under Obama Admin than Other Groups

Almost Half of U.S. Households Receiving Government Benefits Under Obama’s “Leadership”

Almost Half of U.S. Households Receiving Government Benefits Under Obama’s “Leadership”

Almost Half of U.S. Households Receiving Government Benefits Under Obama’s “Leadership”

The Obama administration’s plan to tank the economy with their Socialist policies is working like a champ!

According to Census data, almost half of U.S. Household Receive Government Benefits, which is an all-time historic high for the U.S.

The Obama administration actually wants as many people as possible to be dependent on government assistance and benefits in order to make ends meet though, so don’t look for the Obama administration to make things better, because they won’t.

Families were more dependent on government programs than ever last year.

Nearly half, 48.5%, of the population lived in a household that received some type of government benefit in the first quarter of 2010, according to Census data. Those numbers have risen since the middle of the recession when 44.4% lived households receiving benefits in the third quarter of 2008.

The share of people relying on government benefits has reached a historic high, in large part from the deep recession and meager recovery, but also because of the expansion of government programs



...Continue Reading Almost Half of U.S. Households Receiving Government Benefits Under Obama’s “Leadership”