The Democrats want you to believe you are better off than you were four years ago. Every time you fill up your car with gasoline, you should know better.
Almost no one is better off than they were when President Obama took office.
As the economy sputters along, consumers are feeling the squeeze in their annual paychecks.
That’s according to Sentier Research, whose latest report found household incomes have been declining ever since the recovery began in June 2009.
The numbers are striking: Yearly household income dwindled by 4.8 percent between June 2009 and 2012 from $53,508 to $50,964, although several types of households fared much worse than that.
“Based on our data, almost every group is worse off now than it was three years ago, with the exception of households with householders 65-years-old and over,” said researcher Gordon Green.
It gets worse:
Long-term unemployed: More than three years into Obama’s recovery, 811,000 more still fall into this category than when the recession ended.
- Poverty: The poverty rate climbed to 15.1% in 2010, up from 14.3% in 2009, and economists think it may have hit 15.7% last year, highest since the 1960s.
- Food stamps: There are 11.8 million more people on food stamps since Obama’s recovery started.
- Disability: More than 1 million workers have been added to Social Security’s disability program in the last three years.
- Gas prices: A gallon of gas cost $1.89 when Obama was sworn in. By June 2009, the price was $2.70. Today, it’s $3.84.
- Misery Index: When Obama took office, the combination of unemployment and inflation stood at 7.83. Today it’s 9.71.
- Union membership: Even unions are worse off under Obama, with membership dropping half a million between 2009 and 2011.
- Debt: Everyone is far worse off if you just look at the national debt. It has climbed more than $5 trillion under Obama, crossing $16 trillion for the first time on Tuesday and driving the U.S. credit rating down.
In a head-to-head matchup with Mitt Romney, women voters back Obama 49 percent to 45 percent — but this is 7 points lower than Obama’s 2008 female vote share. Obama captured 56 percent of the female vote in 2008, according to exit polls. And the birth control debate does not seem to have done huge or lasting damage to the Republican party’s brand among women. The survey finds that 49 percent of female voters view the Democratic party favorably, while 44 percent view the Republican party favorably.Is there any wonder the Democrats put so much focus on abortion and the so-called “War on Women?”
Democrats and Republicans alike need to understand that women have a different relationship with economic security than men. Women value “security” for the economy, while men value “opportunity,” according to a 2010 Lake Research Partners survey for the Center for Community Change and the Ms. Foundation for Women. The survey showed that women pick security over opportunity 70 percent to 29 percent, compared with 54 percent to 43 percent among men.