This won’t come as a surprise to most people who have a clue but a recent study found that the middle class has shrunk under Obama.
It’s not a surprise because every program or policy Democrats in the Obama Administration pass or write as new regulations have done nothing BUT hurt the middle class.
Democrats constantly claim they are FOR the middle class when their policies actually help destroy it and now we have even more proof.
The nation’s working middle class, commonly seen as the economic backbone of the nation, is now less than half of the U.S. population and continues to financially struggle under President Barack Obama, a new report warns.
The middle class “is declining and no longer constitutes a majority under President Barack Obama,” Breitbart News reported, citing a Pew Research Center study, which found that “after more than four decades of serving as the nation’s economic majority, the American middle class is now matched in number by those in the economic tiers above and below it.”
Middle class Americans now comprise less than half, or 49.9%, of the nation’s population, down from 61% in 1971, according to the Pew report. “The share living in the upper-income tier rose from 14% to 21% over the same period. Meanwhile, the share in the lower-income tier increased from 25% to 29%,” Breitbart reported.
You will hear over and over again from Democrat candidates like Clinton and Sanders that they want to build a strong middle class. Meanwhile all of the policies they tout will do nothing but continue the decline of the middle class, just as Obama has done.
We are no longer in a time where our children will do better than us. For generations that was possible but sadly this will most likely no longer be true.
So many people have worked hard to make it into the middle class as the ‘American Dream’ but how many can stay in it and how many try like hell but never make it there?
With policy after policy after policy continues to slam the middle class, it’s time to try something different.
This happens at both the state and local levels as well. How much are YOU spending for your property taxes?
How much is YOUR state government spending on welfare programs like Obamacare’s Medicaid Expansion?
How much of YOUR hard-earned money is being redistributed to others who don’t earn it?
The government at all levels has grown unsustainable and they continue to demand the taxpayers give more and more and more.
As Margaret Thatcher said many years ago “eventually you run out of other people’s money.”
About Kimberly Morin
Kimberly Morin has been writing about politics since early 2009. She began writing as the Boston Conservative Independent Examiner and has since moved to the ‘Live Free or Die’ state of New Hampshire where she is the Manchester Political Buzz Examiner. Kimberly is a Political Commentator, researcher and activist.