Posted on 02/01/2015 5:24:27 AM PST by Kaslin
When a ‘Rat says “middle class” substitute “proletariat”, when they say “the wealthy” or “the rich”, substitute “bourgeoisie”, and you’ll hear what they mean clearly.
Obama declares war on the middle class
*approximately $320 billion in new taxes. Hes packaging this as a Robin Hood* effort:
Ostensibly, by ripping off some taxpayers he will be able to give more people free stuff.
This is simply cynical class warfare of several different levels.
First, and foremost, not a single penny of any tax increase on the wealthy will see its way into the pockets of the middle class simply because Obama is not advocating tax relief. Rather hes proposing to use the increase to create a new barrage of increased in federal spending that ensures in a few years that the middle class will be called upon by a future Democrat administration to pay more for all the wonder spending the federal government is doing.
The administration is able to tout these tax increases as helping the middle class because they define as rich anyone who is not destitute. These are the taxes. The fact is that much of the tax increase on the wealthy comes from the middle class. From Americans for Tax Reform:
* Robin Hood was a tax protester. In folklore, he was responding to extortionate taxes imposed on the the proletariat during the reign of King John, a time when the nobility and clergy were exempted from taxation. Robin Hood was actually giving the poor a tax refund.
http://www.redstate.com/2015/01/19/obama-declares-war-middle-class/
27 Facts That Show How The Middle Class Has Fared Under 6 Years Of Barack Obama
By Michael Snyder, on January 18th, 2015
27 Facts That Show How The Middle Class Has Fared Under Barack Obama
During his State of the Union speech on Tuesday evening, Barack Obama is going to promise to make life better for middle class families. Of course he has also promised to do this during all of his other State of the Union addresses, but apparently he still believes that there are people out there that are buying what he is selling.
Each January, he gets up there and tells us how the economy is turning around and to believe that much brighter days are right around the corner. And yet things just continue to get even worse for the middle class.
The numbers that you are about to see will not be included in Obamas State of the Union speech. They dont fit the narrative that Obama is trying to sell to the American people. But all of these statistics are accurate. They paint a picture of a middle class that is dying.
Yes, the decline of the U.S. middle class is a phenomenon that has been playing out for decades. But without a doubt, our troubles have accelerated during the Obama years. When it comes to economics, he is completely and utterly clueless, and the policies that he has implemented are eating away at the foundations of our economy like a cancer.
The following are 27 facts that show how the middle class has fared under 6 years of Barack Obama
#1 American families in the middle 20 percent of the income scale now earn less money than they did on the day when Barack Obama first entered the White House.
#2 American families in the middle 20 percent of the income scale have a lower net worth than they did on the day when Barack Obama first entered the White House.
#3 According to a Washington Post article published just a few days ago, more than 50 percent of the children in U.S. public schools now come from low income homes. This is the first time that this has happened in at least 50 years.
#4 According to a Census Bureau report that was recently released, 65 percent of all children in the United States are living in a home that receives some form of aid from the federal government.
#5 In 2008, the total number of business closures exceeded the total number of businesses being created for the first time ever, and that has continued to happen every single year since then.
#6 In 2008, 53 percent of all Americans considered themselves to be middle class. But by 2014, only 44 percent of all Americans still considered themselves to be middle class.
#7 In 2008, 25 percent of all Americans in the 18 to 29-year-old age bracket considered themselves to be lower class. But in 2014, an astounding 49 percent of all Americans in that age range considered themselves to be lower class.
#8 Traditionally, owning a home has been one of the key indicators that you belong to the middle class. So what does the fact that the rate of homeownership in America has been falling for seven years in a row say about the Obama years?
#9 According to a survey that was conducted last year, 52 percent of all Americans cannot even afford the house that they are living in right now.
#10 After accounting for inflation, median household income in the United States is 8 percent lower than it was when the last recession started in 2007.
#11 According to one recent survey, 62 percent of all Americans are currently living paycheck to paycheck.
#12 At this point, one out of every three adults in the United States has an unpaid debt that is in collections.
#13 When Barack Obama first set foot in the Oval Office, 60.6 percent of all working age Americans had a job. Today, that number is sitting at only 59.2 percent
Employment Population Ratio 2015
#14 While Barack Obama has been in the White House, the average duration of unemployment in the United States has risen from 19.8 weeks to 32.8 weeks.
#15 It is hard to believe, but an astounding 53 percent of all American workers make less than $30,000 a year.
#16 At the end of Barack Obamas first year in office, our yearly trade deficit with China was 226 billion dollars. Last year, it was more than 314 billion dollars.
#17 When Barack Obama was first elected, the U.S. debt to GDP ratio was under 70 percent. Today, it is over 101 percent.
#18 The U.S. national debt is on pace to approximately double during the eight years of the Obama administration. In other words, under Barack Obama the U.S. government will accumulate about as much debt as it did under all of the other presidents in U.S. history combined.
#19 According to the New York Times, the typical American household is now worth 36 percent less than it was worth a decade ago.
#20 The poverty rate in the United States has been at 15 percent or above for 3 consecutive years. This is the first time that has happened since 1965.
#21 From 2009 through 2013, the U.S. government spent a whopping 3.7 trillion dollars on welfare programs.
#22 While Barack Obama has been in the White House, the number of Americans on food stamps has gone from 32 million to 46 million.
#23 Ten years ago, the number of women in the U.S. that had full-time jobs outnumbered the number of women in the U.S. on food stamps by more than a 2 to 1 margin. But now the number of women in the U.S. on food stamps actually exceeds the number of women that have full-time jobs.
#24 One recent survey discovered that about 22 percent of all Americans have had to turn to a church food panty for assistance.
#25 An astounding 45 percent of all African-American children in the United States live in areas of concentrated poverty.
#26 40.9 percent of all children in the United States that are living with only one parent are living in poverty.
#27 According to a report that was released late last year by the National Center on Family Homelessness, the number of homeless children in the United States has reached a new all-time record high of 2.5 million.
Unfortunately, this is just the beginning.
The incredibly foolish decisions that have been made by Obama, Congress and the Federal Reserve have brought us right to the precipice of another major financial crisis and another crippling economic downturn.
So as bad as the numbers that I just shared with you above are, the truth is that they are nothing compared to what is coming.
We are heading into the greatest economic crisis that any of us have ever seen, and it is going to shock the world.
I hope that you are getting ready.
http://theeconomiccollapseblog.com/archives/27-facts-show-middle-class-fared-6-years-barack-obama
Exactly. If you looked at this issue objectively, you’d probably find that the American “middle class” is one of the most heavily subsidized population cohorts in the history of mankind.
The challenge philosophically is that many in the middle class (75K-$125K) consider themselves the working poor and many politicians consider anyone above 75K as rich. Too many voters love the idea of screwing “the rich” until they figure out that to the political class, they are “the rich”.
So many things are so wrong in our once republic. We are going the way of Europe into muslim, overtaxed, over-regulated oblivion, that I expect a strongman, an authoritarian to emerge.
Some sweet tongued demagogue will promise peace, prosperity, an end to muslim and lefist pollution of our society. He will promise a return to American republicanism if we only grant him the power to make it happen.
All boils down to “voting democrat”
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