Latest Gallup poll reveals the economic truth Obama tries to hide

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We continue to hear the economy is improving, but the question is from whose perspective?

Unemployment is still a rampant issue — case in point, President Obama wants another “emergency extension” of unemployment benefits. But then why would that be necessary if the rate is dropping to 6.7 percent? A recent report from Fox News of a Gallup Poll gives a differing viewpoint from outside the beltway of DC — and the propaganda of the liberal progressive media:

More than 40 percent of Americans say they are financially worse off now than they were a year ago, reversing a two-year trend in which Americans believed their situations had improved, a new Gallup poll finds. Despite a sustained, if sluggish, economic recovery that has lasted nearly five years, most Americans report being no better off financially than they were a year ago. As previous years show, Americans are typically more positive about their future compared with their assessments of the past, a testament to the enduring sense of optimism many Americans share about their financial future.

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This is the Obama economy and it is failing the American people. It is time for the politics and demagoguery of castigating Republicans as “evil” ends. President Obama talks about working hard and being successful, but then attacks people who work hard and build businesses by telling them, “you didn’t build that.”

The continuing double speak will get us nowhere, except deeper in the fiscal morass in which we find ourselves. When the “progressive” Comptroller of New York City states that the objective is “shared prosperity over individual success,” that,s not a vision that promotes economic growth –quite to the contrary.

Once upon a time, President Obama labelled President Bush as unpatriotic for adding $4 trillion to our nation debt — Obama has added close to $7 trillion and may possibly double the national debt (from $10.6 trillion now, close to $18 trillion) by the time he ends his abysmal reign in January 2017 (so we hope).

It all comes down to the policies that are causing the American people to have more despair about their future. Sure, they try and feign hope, yet each year it is dashed. How many times have we heard President Obama talk about tax reform and nothing materializes. Tax reform for Obama means wealth redistribution by way of increased taxation — Obamacare entails 21 new taxes.

It’s quite easy to rally the uninformed masses to your cause — your socialist ideology of welfare nanny-state expansion. But when middle income families and workers continually see their wages depressed and their dollars lessening in value you reach a point of no return. And that is soon coming, if America follows further down this road to perdition of progressive socialism.

Five years later and the outlook isn’t any better. The policies are non-existent, but the political rhetoric of President Obama gets harsher.
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