Tuesday, April 13, 2010

Obama Shrinks Americans Wallets By 3.2 percent Since Taking Office


If you feel like you have less money since Barack Obama was elected, you may be right. Real personal income, excluding government payouts, has declined by 3.2 percent since President Obama took office almost 15 long months ago.

From the Washington Times:
Real personal income for Americans – excluding government payouts such as Social Security – has fallen by 3.2 percent since President Obama took office in January 2009, according to the Commerce Department’s Bureau of Economic Analysis.

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