Gripes my arse... Rich pay 106%, poverty increases under Obama

[DOUG]

http://www.wnd.com/2013/12/cbo-stuns-rich-pay-106-of-income-taxes/#o2iS7E2urwwqy9aD.99

Major takes from this article:

Congressional Budget Office calls BS on Obama: 'Rich' pay 106% of income taxes

Households in the bottom 40 percent receiving an average of $18,950 in government transfer payments while paying no federal income tax.

Poverty in USA rises under Obama: More Americans on welfare than working full time. Highest spike in poverty since the 1960s.  

Median U.S. household income fell for the fifth straight year in 2012.

[patman]

Change you can believe in!

[Krawler00]

 //hang2//

[kvom]

I'm not a fan of Obama, but I don't think he's to blame for all the ills of the economy.  He inherited the recession, and a president has little power to do anything significant  to the economy by fiat or executive action.  Now with the collusion of Congress (e.g., Obamacare, that's another story entirely).

The spike in the poverty rate can be directly tied to the recession and the resulting unemployment levels. 

As the article says, the 47% is now down to 43% as employment rates have risen.  I was a proud member of the 47% for the past few years, but mainly because I had tax loss carry forwards to offset capital gains.  This year I'll have to rejoin those who contribute to the government revenues.  I still need you working stiffs to keep contributing for my SS though.   //:hlp//

[gint2]

Kirk, politics suck to talk about, but, this administration has held control for the past 5 years. Of which they had 3/3 control for the first 2 years. When does this administration take ownership? When he's done vacationing? 

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[clark123456]

Some administrations never take ownership.  I can think of a couple recent ones.

[DOUG]

Yeah
Clinton and Carter

Both Bush's did.

Sent off camber