Quoting from the article:
"Are you better off today economically than you were when President Obama took office in January 2009?
That question remains the litmus test for electoral politics as the U.S. prepares to move into the 2014 mid-term election cycle.
The economic scorecard for President Obama continues to provide reasons for alarm, despite Obama’s renewed attempt to emphasize yet again the plight of the U.S. economy and decline of the middle class.
Amid the most massive welfare state ever created in human history, four of five U.S. adults struggle with joblessness, near poverty, or reliance for at least part of their lives, according to a recent Associated Press report.
Even Obama-supporting Nobel Prize-winning economist and New York Times columnist Paul Krugman has acknowledged that terms such as “modest recovery,” “slow recovery” or even “recession” do not describe the economic malaise experienced under Obama’s presidency.
"6.6 percent of the population, or 20.4 million people, lived in deep poverty, defined as living 50 percent below the poverty line. According to the AP report, 19 million whites fell below the poverty line of $23,021 for a family of four, accounting for 41 percent of the nation’s poor, nearly twice the number of poor African-Americans. Yet, while African-Americans represent 13.1 percent of the general population, they represent 27.6 percent of the poor."
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