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July 24th, 2012 1:46 pm
Obama Dismantles LBJ’s “Great Society” as Poverty Rises to 1965 Levels
Posted by Print

Well, never let it be said that Obama hasn’t achieved anything other than a record number of golf outings and fundraisers.  He has dismantled LBJ’s “Great Society,” as poverty approaches levels not seen since 1965:

The official poverty rate will rise from 15.1 percent in 2010, climbing as high as 15.7 percent. Several predicted a more modest gain, but even a 0.1 percentage point increase would put poverty at the highest level since 1965.”

We recall Obama promising to cut the deficit in half by the end of his “first term,” to close the Guantanamo Bay detention center, to adhere to public campaign finance limits, to not raise taxes on anyone earning under $250,000 “by one dime” and that unemployment would never reach 8% under his “stimulus,” but never this.

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