Politics

Shock Report: This Hasn’t Happened Since The Depression…And It’s Obama’s Fault!

President Obama has never had a lack for words when he’s extolling his “accomplishments” during his time as POTUS and one that he seems to be most proud of is his “economic recovery.”

Yeah…yeah I know what you’re thinking. What economic recovery is he talking about?

Obama likes to brag about how many “jobs” he’s created and every time he says it, we all want to either gag or collapse on the floor laughing our heads off!

It can truly be said that Obama lives in his own little universe where he invents his reality out of total idiocy!

From Zero Hedge:

Millennials finally get to claim a trophy for an achievement they actually earned (no participation medals here)…that’s right, Millennials have officially set a 75-year record for highest percentage of young adults living at home with mom. At just under 40%, Millennials are barely shy of the all-time record of 40.9% set in 1940, after the end of the Great Depression. For once, we have every confidence that our young snowflakes will excel in crushing this longstanding record.

Per the Wall Street Journal:

Almost 40% of young Americans were living with their parents, siblings or other relatives in 2015, the largest percentage since 1940, according to an analysis of census data by real estate tracker Trulia.

Despite a rebounding economy and recent job growth, the share of those between the ages of 18 and 34 doubling up with parents or other family members has been rising since 2005. Back then, before the start of the last recession, roughly one out of three were living with family.

The trend runs counter to that of previous economic cycles, when after a recession-related spike, the number of younger Americans living with relatives declined as the economy improved.

Now many of you might see this trend as a sign that millennials don’t want to move out of mom and dad’s home and strike out on their own, but might it have more to do with the possibility that the jobs available to most young people are low wage jobs that don’t pay enough for them to be able to afford to live on their own, unless they want to live in a cardboard shack.

Of course, one cannot discount the chance that millenials are just too busy playing video games, tweeting and skyping to give any serious thought about going it alone.

After all, for millennial snowflakes, the world is a scary place out there with people like Trump running the government!

Source: Zero Hedge

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