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Obama's Economy Hits His Voters Hardest
Made popular 95 days ago in
those who were most likely to vote for Barack Obama in 2012 were members of demographic groups most likely to have suffered the steepest income declines. Mr. Obama was re-elected with 51% of the vote. Five demographic groups were crucial to his victory: young voters, single women, those with only a high-school diploma or less, blacks and Hispanics. He cleaned up with 60% of the youth vote, 67% of single women, 93% of blacks, 71% of Hispanics, and 64% of those without a high-school diploma, according to exit polls.
According to the Sentier research, households headed by single women, with and without children present, saw their incomes fall by roughly 7%. Those under age 25 experienced an income decline of 9.6%. Black heads of households saw their income tumble by 10.9%, while Hispanic heads-of-households' income fell 4.5%, slightly more than the national average. The incomes of workers with a high-school diploma or less fell by about 8% (-6.9% for those with less than a high-school diploma and -9.3% for those with only a high-school diploma).
To put that into dollar terms, in the four years between the time the Obama recovery began in June 2009 and June of this year, median black household income fell by just over $4,000, Hispanic households lost $2,000 and female-headed households lost $2,300.
The unemployment numbers show pretty much the same pattern. July's Bureau of Labor Statistics data (the most recent available) show a national unemployment rate of 7.4%. The highest jobless rates by far are for key components of the Obama voter bloc: blacks (12.6%), Hispanics (9.4%), those with less than a high-school diploma (11%) and teens (23.7%).
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Is voting Democrat bad for your pocket book?
Lean to yes
Lean to no
This is not a scientific survey,
to learn more. Results may not total 100% due to rounding and voting descrepencies.
95 days ago
Only if you're a self reliant taxpayer. If you are a sick, lame and lazy member of the leech on your neighbor class, he was your "Lord and Savior"!
95 days ago
Voting is always bad for your pocket book, because the winner will always put his hands inside your pocket book...
94 days ago
Heck, the Messiah is willing to take everything from the makers and give it to his voters because they are willing to take rather than work for everything Santa Obama can give them. Why the Hell would you want to get up before noon to actually earn a living?
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