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Obama’s War on the Middle Class

24 Mar

Whenever he is in campaign mode, President Obama goes to great lengths to remind voters that he is “struggling to defend the middle class.” As he did in January 2010, Obama speaks of the middle class as “under assault” (by whom he does not specify). In his Labor Day radio address of 2010, he spoke of his “commitment to the middle class.” As evidence of this commitment, Obama established a “Middle Class Task Force” early in his presidency chaired by Vice-President Biden. With Biden in charge, why worry?

It should be obvious that Obama and the left wing of the Democratic Party are not struggling to defend the middle class. Most of the time they are struggling to disenfranchise it by ignoring the basic rights of human liberty and of property that are guaranteed under our Constitution.

The 18% real rate of unemployment during Obama’s first two years in office has not done much for the middle class. At the same time, there has been an enormous transfer of wealth from the middle class to the underclass. ObamaCare, financial services reform, mortgage reform, education reform, tax reform: in all of these areas, the administration’s efforts have been to create and expand services for the poor at the expense of the middle class.

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Posted by on 03/24/2011 in Financial/ Economic, Obama

 

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