The death of the American dream

An interesting post by Wayne Allyn Root over at Personal Liberty has some frightening numbers that demonstrate just how badly Obama, the monster in our American nightmare, has destroyed our dream

"The results are in. The picture is grim. Here are some frightening economic numbers to think about the next time the lying, manipulating mainstream media tells you that we are in “recovery.”
First, almost 50 percent of Americans have less than $500 in savings. Not surprisingly, one out of three residents of Obama’s home State of Illinois live in poverty. A mind-numbing four of five Americans either are experiencing poverty, foreclosure or welfare, or they will in their lifetime. Four out of five. Say goodbye to the myth of the American dream. It’s only a nightmare now.
Ditto for the American middle class. Obama has massacred it. Our middle class now ranks 27^th in the world. I’ve argued from day one that Obama’s goal was to create a two-class society. The two classes are the super rich (who are beholden to Obama for corporate welfare and government contracts) and the poor (who are beholden to Obama for checks to survive). Look no further than the new immigration bill to see the final destruction of middle-class wages.
More grim news: Auto sales are collapsing. Construction jobs are falling off a cliff. And U.S. factory orders just suffered the biggest drop in a year.
What about jobs? Isn’t that picture getting rosier by the minute? Well, actually, no. Let’s analyze the real numbers. Since the start of 2013, we’ve gained 953,000 jobs; but, amazingly, 731,000 of them are crummy, low-wage, part-time jobs. That’s means almost 80 percent of the jobs created in America are part-time jobs that won’t pay the bills of a typical middle-class lifestyle.
The best jobs are manufacturing jobs. Well, under Obama they are losing out by 10-to-1 versus crummy, low-paying jobs. Facts don’t lie: So far this year more than 246,000 low-paying waiter or bartender jobs have been added to the U.S. economy, versus only 24,000 high-paying manufacturing jobs.
How bad is it? Well here’s a Hall of Fame triple play:
The Obama Administration just hired a company to promote Obamacare over the phone to Americans. Guess what? Even those jobs are part-time, with no health insurance.
The head of the Internal Revenue Service just testified in front of Congress that he’d rather keep his own health insurance than switch to Obamacare. The IRS is in charge of Obamacare, and they don’t want any part of it.
And the second-biggest employer in America is now a temp agency. Good luck getting a quality job in this Obama economy.
Still not convinced? Food stamp rolls are growing 75 times as fast as employment. The national debt has increased by 50 percent under Obama, even though he promised to reduce it. Obama promised to reduce health insurance bills for an average American family by $2,500 per year. Instead, your health bills went up by $3,000 per year. The men’s labor participation is the lowest rate ever measured since they started tracking it in 1948. And here’s the clincher: 90 million able-bodied, working-age Americans are not working."