The Pink Flamingo has been accused of not being conservative enough for pointing out that the rich are getting richer and the rest of us are being pushed into the gutter of poverty. Looks like I now have some numbers to prove my point.
“…Barack Obama campaigned four years ago assailing President George W. Bush for wage losses suffered by the middle class. More than three years into Obama’s own presidency, those declines have only deepened. The rebound from the worst recession since the 1930s has generated relatively few of the moderately skilled jobs that once supported the middle class, tightening the financial squeeze on many Americans, even those who are employed….”
The middle class is dying.
“...Underlying the erosion of the middle class, defined by some economists as the middle 60 percent of income earners, are trends that stretch back decades, including competition from lower-wage workers overseas and technological advances that allow factories and offices to produce more with less labor.
As a candidate in 2008, Obama blamed the reversals largely on the policies of Bush and other Republicans. He cited census figures showing that median income for working-age households — those headed by someone younger than 65 — had dropped more than $2,000 after inflation during the first seven years of Bush’s time in office.
Yet real median household income in March was down $4,300 since Obama took office in January 2009 and down $2,900 since the June 2009 start of the economic recovery, according to an analysis of census data by Sentier Research, an economic- consulting firm in Annapolis, Maryland….”
That upper 1%, of which many of us once were, received 93% of the real 2010 per capita income in 2010. This is a recipe for disaster. Sure, it’s perfect Randian, survival of the fittest, dog eat dog, slit the throat of the little guy and kick ‘em to the gutter, then slash their unemployment checks. But, you don’t win elections this way. This is how you destroy a nation.
It is also a cautionary tale, which shows where the GOP is going wrong. As Ohio goes, so goes the nation.
I swear my mantra is becoming, “we’re so screwed”.
If voters in Ohio think that Obama can do a better job helping them because he is more likable than Romney (and who isn’t) we’ve lost, already.