Obama II: In the “now they tell us” file, add a vast array of reports that have come out since the election showing just how weak the economy really is. Looks like the president will need a new scapegoat soon.
Here’s just a sampling of what we’ve learned since voters decided to give Obama four more years to “experiment” with the economy.
Earnings falling: The Labor Dept. reported on Thursday that real average hourly earnings dropped again in October for the third month in a row, and are now down 2% from when Obama took office.
Poverty rising: A new Census Bureau report, also released after the election, finds that the number of poor people in America climbed 712,000 in 2011. The “official” report that came out in September had the number dropping by 96,000. So much for Obama’s claim that things are getting better.