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1/5 of the Middle Class Disappeared Under Obama

Posted By Daniel Greenfield On April 3, 2014 @ 11:00 am In The Point | 4 Comments

Suburban-Poverty-2013 [1]

The middle class doesn’t own a lot of banks, solar power panel manufacturers or sensitivity training centers so they haven’t done too well under Obama Inc [2].

A sense of belonging to the middle class occupies a cherished place in America. It conjures images of self-sufficient people with stable jobs and pleasant homes working toward prosperity.

Since 2008, the number of people who call themselves middle class has fallen by nearly a fifth, according to a survey in January by the Pew Research Center, from 53 percent to 44 percent. Forty percent now identify as either lower-middle or lower class compared with just 25 percent in February 2008.

According to Gallup, the percentage of Americans who say they’re middle or upper-middle class fell 8 points between 2008 and 2012, to 55 percent.

Obama’s mentor did campaign against middleclassness. His pupil is just making sure that Americans don’t think of themselves as middle class [3].

TUCC promotes a “Black Value System” that encourages African Americans to patronize black-only businesses, support black leaders, and avoid becoming “entrapped” by the pursuit of a “black middle-classness”

Looks like the plan is working well. Especially in the black community [4].


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URLs in this post:

[1] Image: http://www.frontpagemag.com/wp-content/uploads/2014/04/Suburban-Poverty-2013.jpg

[2] so they haven’t done too well under Obama Inc: http://www.thegatewaypundit.com/2014/04/obamanomics-in-action-one-fifth-of-middle-class-falls-into-poverty/

[3] don’t think of themselves as middle class: http://www.discoverthenetworks.org/individualProfile.asp?indid=2307

[4] Especially in the black community: http://articles.chicagotribune.com/2012-10-07/news/ct-met-black-middle-class-austerity-20121007_1_black-middle-class-black-households-national-rate

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