Plus food prices are up 20%...
Obama’s War on basic energy Resources would be a more appropriate title.
By design this socialist regime has by its bureucratic control of energy supply and use dictated how and which resource can be used to create it (ie oil, coal,fracking nat gas) are the main reasons energy prices have soared and created those with limited means victims dependent on that government.
The goal of global marxism has always been to destroy the middle class. They see the middle class as standing in the way of their glorious workers revolution.
But they got a free phone! All that matters to Ton’weekashanatasha.
Retired folks, who had hoped to supplement their Social Security checks with interest from their CDs, are also being robbed....
What remains of the middle class is mostly supported by government funds, and even services depend mostly on customers who receive incomes from government.
Of course the middle class is disintegrating. As bonds collapse, during debt repudiation/haircut time, the even smaller remaining portion of it will go out of the market and society with a pop.
Shouldn’t have tossed manufacturing overseas, and men out of the job market and out of families. The reckoning for that is coming.
To Obama, we aren’t really the “middle class”. We are, as Marx called us, the “Petit Bourgeois”, the enablers of the capitalists. We prop up the “enemies of the Worker Class” even as they exploit us because we hope to move up to full Bourgeois some day. Marx says that we may be workers but we are also enemies of the Workers and must be destroyed. Nothing that has been done to eradicate the middle class by this evil POS in the White Hut is by accident. He is following the manual...to the letter.