Four lavish vacations in three months — while Americans suffer.
Meanwhile Cash for Clunkers had a severe impact on the availability of used cars, so that under Obama’s Depression, people are unable to afford new cars or find used cars.
Disposable income, or the money left over after taxes, dropped 4 percent after adjusting for inflation, the biggest plunge since monthly records began in 1959
“Where are all the customers? And where’s their money?” Cameron Geiger, senior vice president of Wal-Mart U.S. Replenishment, said.
During his State-of-the-Union address, Obama said, “Let me repeat–nothing I’m proposing tonight should increase our deficit by a single dime.”
“These losses were real and had to be financed, whether they were included in the deficit or not,” she says.
The average price of a gallon of gas has increased 96 percent since President Barack Obama first took office in 2009, according to figures from the Energy Information Agency (EIA).
59 percent of those aged 18-29, have gone to college. but only 62.9% are currently working, of which 31.2% work on a part-time basis