Yet, these people are still eating, still have cell phones, flat screen TV's, internet, etc... How?
Just to be clear, we are in year 6 of the Obama regime.
On January 9, 2014 Pres Obama announced "Promise Zones", described in the NYT, "where federal agencies will cut through red tape in an effort to give struggling residents a chance at better lives."
It seems like President Obama realizes there are better ways for the federal government to encourage economic growth and he wants to apply the new methods in these "promise zones". This proves two things:
- He knows his regimes current economic policies isn't working.
- If he knows they aren't working and he is changing course in the "promise zones", then he is admitting he (at the very least) is OK with the failed results in the rest of the nation. otherwise he'd make changes to his economic policy across the board.