‘Obama’s Rosy Outlook Hasn’t Materialized’: O’Reilly on ‘Alarming’ U.S. Poverty Stats
New data from the U.S. Census Bureau paints an alarming picture of American poverty, Bill O’Reilly said tonight.
The median household income last year was about $52,000 – pretty much what it was in 2012. But over the past six years, median income has fallen 8 percent and is worse for households led by people under 65. From 2000-2013, income has dropped more than 11 percent for people under 65.
“So the end result is that the American middle class continues to get hammered, and President Obama's rosy outlook simply has not materialized,” O’Reilly deducted.
“The Factor” host explained that the poverty rate went down slightly last year but is above the rate of when Obama took office. One-third of the U.S. population is receiving aid from at least one welfare program, according to the Heritage Foundation. In some states, people on welfare receive more than $40,000 in services a year, which means the poor have purchasing power, O’Reilly said.
“President Obama does not seem to understand that the private marketplace drives wages. The more jobs created, the higher the salaries will be because companies need good workers […] Barack Obama is a classic liberal, believing the feds should run the private sector. That has failed, no matter how the president spins it.”
Watch the Talking Points Memo above.