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Working women have gotten crushed by President Obama’s economic policies

Barack_Obama_addresses_joint_session_of_Congress_2009-02-24By Stephen Moore

In the Washington Times:

During Mr. Obama’s six and a half years in office women have suffered steeper declines in take home pay than men have. Women have also experienced sharper declines in employment and a faster rise in poverty. The financial squeeze has been especially severe for single women.

Last month the Census Bureau reported on income and poverty through 2014. It’s not a pretty picture. The median income household has lost nearly $1,300 in income after inflation under Obamanomics.

It’s worse for women. Since President Obama took office in 2009, median inflation-adjusted income for women has fallen by nearly 4 cents on the dollar, according to the Census data, versus slight gains for men.

On Mr. Obama’s watch, 2 million more women have slipped into poverty. Wait a minute. This is supposed to be an economic recovery. The poverty rate among women is now 16.1 percent — the highest level in 20 years.

Learn more about Stephen Moore by visiting SupplySideEconomist.com

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