Tag Archives: european wealth

Naturally, Obama At Fault Over Wealth Issue

Tea Party ranters and the Republican party have a new issue to focus on in their efforts to blame President Obama from the swine flu epidemic to cool weather in Missouri. A new report on global wealth indicates that Europe has overtaken the United States to become the richest region in the world. The economic recession has impacted many nations, but its impact on the United States which fails to provide financial support for the unemployed in meaningful ways and refuses to enact a health plan has resulted in a decline in wealth. The report notes the US and Canada have assets worth $29.3 trillion while Europe has around $32.7 trillion.

Oh well, Barack Obama has been in office over EIGHT MONTHS and look what he did– the US is no longer king of the wealth game. The damn Socialist Europeans have overtaken. Blame it on the black man, the Republicans always do.