The Canada Free Press posted an article today detailing the impact on Nancy Pelosi, Harry Reid, and President Obama have had on the Middle Class since 2006, when the Democrats took over Congress.
The article cites a number of areas where life in the Middle Class has become much more expensive and less secure. Unemployment in 2006 was under 6 percent; now it is almost 9 percent (and higher if you count those who have stopped looking). Grocery prices are up due to the declining value of the dollar. In late 2008 gasoline in Florida was $1.50 a gallon; for the past year gasoline has been over $3 a gallon. Heath insurance rates have gone up since the passage of Obamacare. College tuition rates are also climbing rapidly. Real estate values are about the only thing that has gone down!
The article concludes:
In January, 2007, the federal debt stood at approximately nine trillion dollars. When President Obama was inaugurated in 2009, it was just under twelve trillion. In mid-November, it surpassed fifteen trillion and is already nearly twenty percent of the way to SIXTEEN. Per citizen, this amounts to nearly $50,000 ($48,542, to be exact). This is the amount owed by EVERY man, woman, and child in America today. Look at it another way: Every child born in the United States enters this world with a $50,000 liability. And this is before he or she has soiled his or her first diaper. When the Democrats came to power in 2007, this figure stood at around $30,000 which was, by anyone’s measure, an obscene number. But your “warriors for the middle class” have increased this by two-thirds all the while portraying themselves as your friends.
With friends like this, you do NOT need enemies!