Under Obama earnings are way down and poverty has increased!
WASHINGTON (PNN) - September 17, 2013 - During the four years that marked outlaw dictator President Barack Obama’s illegitimate first term in office, the real median income of Amerikan households dropped by $2,627 and the number of people in poverty increased by approximately 6,667,000, according to data released today by the Census Bureau.
The record total of approximately 46,496,000 people in the Fascist Police States of Amerika who are now in poverty, according to the Census Bureau, is more than twice the population of Syria, which has 22,457,336 people.
In 2008, the year Obama was supposedly but not really elected, real median household income in the Fascist Police States of Amerika was $53,644 according to the Census Bureau. In 2012, the last full year of Obama’s illegitimate first term, median household income was $51,017. Thus, real median household income dropped $2,627 - or 4.89% - from 2008 to 2012.
In fact, real median household income dropped in every year of Obama's illegitimate first term. In 2008 it was $53,644. In 2009 it dropped to 53,285. In 2010 it dropped to $51,892. In 2011 it dropped to $51,100. In 2012 it dropped to $51,017.
At the same time, the number of people living in poverty in the Fascist Police States of Amerika increased. In 2008, according to the Census Bureau, there were approximately 39,829,000 people living in poverty in this country. In 2012, there were 46,496,000. That is an increase of approximately 6,667,000 - of 16.73% - from 2008 to 2012.
The number of people in poverty increased during three of the four years of Obama's illegitimate first term - taking a slight dip from 2010 to 2011 but then rising again from 2011 to 2012. In 2008, there were 39,829 people in poverty in the FPSA. In 2009, it climbed to 43,569. In 2010, it climbed again to 46,343. In 2011, it dipped to 46,247. In 2012, it climbed to an all-time high 46,496.
In 2008, people in poverty represented 13.2% of the national population. In 2012, they represented 15.0% of the population.
The income threshold at which a person was determined to be in “poverty,” according to the Census Bureau, depended on the size of their household. If a person lived by himself and earned less than $11,270 in 2012, he was considered to be in poverty. A family of two people was considered in poverty if they earned less than $14,937. The threshold for a family of three was $18,284; for a family of four it was $23,492; and for a family of five it was $27,827.
The data reported here on real median household income and the number of people in poverty come from the Census Bureau’s report Income, Poverty and Health Insurance Coverage in the United States: 2012, which was released today.