What has Obama wrought?
The economy is bigger than the President and you’d think such knowledge would lead a president towards humble modesty and keep his mouth shut.
Politics, of course, doesn’t work that way.
So while the President can’t control the economy, he can decidedly influence it and the Obama influence has wrought middle-class devastation:.
- Deepened declines in middle class wages. For what its worth, the President took his favorite boogie man, George W. Bush, and made him look like a bright and shining economic star.
- Massive middle class job losses have occurred under the Obama policies; 95% of job losses during the Obama era have been from the middle class.
- Job growth has been limited to very small pockets: low-paying work or work in fields requiring advanced education.
The Administration’s 2012 goal is re-election. For that goal to be achieved, the President will have to deny his record, blame others, and obfuscate. If he’s successful, we can expect more of the same devastation. If he loses, Americans will have stopped—or at least delayed—the insanity.