“The U.S. economy is growing, unemployment is tumbling and stocks are at record highs. So why aren’t President Barack Obama and the Democrats getting enough credit for that to avoid a big loss in Tuesday’s midterm elections?
Maybe because, for way too many Americans, the economy might as well still be in recession.
Most of the benefits of the economic recovery that began in 2009 have accrued only to the wealthiest Americans. Middle-class Americans, meanwhile, have been left behind. Their wages and wealth have stagnated — a key reason why polls show that most Americans think the economy is still in a recession, even though it technically started recovering five years ago.”* The Young Turks host Cenk Uygur breaks it down.
*Read more here:
http://www.huffingtonpost.com/2014/11/04/obama-democrats-economy-election_n_6094888.html
Comments
Dang, that’s right…The economy is doing better but as a federal employee I haven’t seen a dime raise for four years. I blame both sides for that.