[Hoot Gibson]

From your link:


Is that debt from Bush's wars? Is the wage problem because companies are making, and keeping more profit for themselves, and paying white collar workers more? My chart shows median income getting higher. Who's link is right?

Companies are hanging onto profits because they have lived in fear of what the future under Obama will bring. Companies will probably be a little more optimistic between now and 2016, but the real recovery should start after the election in 2017 - assuming that another socialist does not win the White House and Democrats do not retake control of the Senate. The private sector needs to have confidence in the future before increasing payrolls and making large capital expenditures.

I don't think that the income levels in your graphic have been adjusted for inflation. Besides, much of the loss in personal income has been due to the conversion of full time jobs to part time jobs, which Obamacare encourages, and looking at the pay rates of full time jobs ignores that fact.

I deliberately chose Factcheck.com because it is a liberal website run by Democrat Brooks Jackson. The Obama administration has become very good at lying with statistics, so I do not want to take time deciphering the numbers on the link that you gave. If wages are not adjusted for inflation, they are very misleading.

Even the inflation rate is very misleading because of everything that is excluded from the calculations. If you ignore increases in energy and food prices over the past six years, then the inflation rate looks pretty reasonable. But anybody who has driven for the past 6 years and bought hamburger and other groceries, knows that inflation is a real issue.

As for "Bush's wars," I think that it is a little late to be blaming everything on Bush. Obama wanted the job of fixing the economy, nobody forced the job on him. After six years, it is time for him and his supporters to take responsibility for his own failed policies.

Democrats supported both wars and they were American wars, not Republican or Democratic Wars. Obama has badly mismanaged both wars and there have been more casualties in Afghanistan since he took office, but I would still not call them "his" wars. Remember, Obama embraced the Afghan war as a war that was justified. He did not campaign against the decision to go to war in Afghanistan - he campaigned to move resources from Iraq to Afghanistan. You cannot honestly just deduct the entire debt incurred because of both wars and call them "Bush's Wars." To do so would be dishonest.