Obama’s policies hurt the middle class
When President Obama wasn’t cracking jokes with the White House press corps this weekend, he was busy explaining how he plans to act on his own to “create more jobs and opportunity for hardworking families.” It seems threats of unconstitutional execution action to circumvent Congress are just all in a day’s work for President Obama.
In his weekly address to the nation on Saturday, the president took things a step further by saying, “[W]e could do a lot more if Republicans in Congress were less interested in stacking the deck in favor of those at the top, and more interested in growing the economy for everybody.[…] They’ve now voted more than 50 times to take apart the Affordable care Act – imagine if they voted 50 times on serious jobs bills.”
Let’s imagine for a moment that Republicans are out of the picture altogether. Instead, let’s just focus on the Obama Administration’s policies of bailouts, subsidies and tax hikes, and what they have done for the middle class.
The president believes that societal problems like unemployment and income gaps should, and can be fixed by more government. But when the federal government rains down increased regulations, it isn’t Fortune 500 companies who feel the pinch – it’s the mom and pop shops that like Main Street.
It was Ronald Reagan who asked voters, “Are you better off than you were four years ago?”, but even by Obama’s standards today the answer would be a resounding “no.” Average household incomes are lower than they were in 2005. Wages are largely stagnant. While unemployment has hardly changed, more and more Americans are leaving the workforce altogether. And, more Americans are on food stamps than ever before.
And that’s before even getting to Obamacare, which will likely do more to harm the middle class than anything else. Middle-class Americans are losing their plans – even if they liked them. They’re also paying higher premiums, and know that if they do happen to increase take-home pay, health care subsidies will vanish.
The president is right to want to jumpstart the economy for middle-class Americans. But bigger government only benefits those already in power. So when Obama talks about the problems of economic disparity and the shrinking middle class, he apparently doesn’t realize he’s indicting his own administration.
- 1- Darcy, Oliver. Obama Explains What He Will Do if ‘Republicans in Congress Refuse to Act’ to ‘Grow Our Economy From the Middle Out’. http://theblaze.com 3 May 2014.
- 2- Gongloff, Mark. Median Income Falls For 5th Year, Inequality At Record High. http://www.huffingtonpost.com 20 November 2013.
- 3- Shah, Neil.Stagnant Wages Are Crimping Economic Growth
. http:/www.wsj.com 25 August 2013.
- 4- Lott, John. What the New Unemployment Numbers Are Telling Us. http://www.foxnews.com 2 December 2013.
- 5- Moffit, Robert. 9 Obamacare Predictions That Have Come True. http://blog.heritage.org 5 May 2014.