Commentary Magazine


Topic: middle class

Biden: Middle Class ‘Buried’ Under Obama

The Romney campaign is calling Joe Biden’s comment about the middle class being “buried for the past four years” a gaffe, and it does fit the criteria of “accidental-honesty.” There’s no doubt the middle class has been hit hard under the current administration, which is why the Obama campaign is having such a difficult time cleaning up after Biden’s comment. They can’t claim Biden is wrong (or they’ll seem out of touch), but they obviously can’t acknowledge he’s right.

The solution? Agree with Biden’s assessment that the middle class has been buried for the past four years, but blame it all on Bush:

“As the Vice President has been saying all year and again in his remarks today, the middle class was punished by the failed Bush policies that crashed our economy – and a vote for Mitt Romney and Paul Ryan is a return to those failed policies,” an Obama campaign official said. “With more than five million private-sector jobs created since 2010, the Vice President and President Obama will continue to help the middle class recover and move the nation forward.”

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Obama Won’t Keep Middle Class Tax Vow

In a transparent effort to pre-empt Republican arguments about tax cuts, President Obama unveiled a proposal today for a one-year cut for all Americans making less than $250,000 per year. While calculated to play well with his faux working class campaign rhetoric, the president’s plan makes no economic sense. Implementing a massive tax increase on those with the capital to invest it and therefore create jobs is not the sort of thing that will help a flagging economy. Nor will it do anything to stem the bleeding that creates job reports such as the one released last Friday that illustrated the country’s unemployment problem. But, as James Pethokoukis writes at the American Enterprise Blog, the president’s dare to Congress to pass such a plan or to implement a simpler tax code is pure political baloney.

As Pethokoukis points out, had he really wished to push through a simplification of the tax code, he could have endorsed the Simpson-Bowles Commission recommendations. More to the point, Obama’s predilection has always been to eliminate all the Bush-era tax cuts, including those on the middle class. If he is re-elected, he may well implement his promise of the continuation of the current rates on those making less than $250,000. But the significant element of this stance is that he is not promising to keep them for his entire second term but only for the first year.

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“Feel Your Pain” Strategy Won’t Work

Democratic strategists Stanley Greenberg, James Carville and Erica Seifert issued a new memo late yesterday, warning the Obama campaign that its current strategy is doomed to fail. And they seem right about one thing: the Obama campaign is going to have a hard time convincing the public that the economy is on the path to recovery, especially with greater economic pitfalls looming.

The strategists argue that the Obama campaign should forget trying to make the case that the president’s economic policies are working. Instead, it should focus on its support and empathy for the middle class, and highlight how Mitt Romney’s policies would leave struggling Americans vulnerable during tough economic times:

It is elites who are creating a conventional wisdom that an incumbent president must run on his economic performance – and therefore must convince voters that things are moving in the right direction. They are wrong, and that will fail. The voters are very sophisticated about the character of the economy; they know who is mainly responsible for what went wrong and they are hungry to hear the president talk about the future. They know we are in a new normal where life is a struggle – and convincing them that things are good enough for those who have found jobs is a fool’s errand. They want to know the plans for making things better in a serious way – not just focused on finishing up the work of the recovery. …

But we underscore the sentiment they expressed in the postcards to the president they wrote at the end of the exercise: overwhelmingly, these voters want to know that he understands the struggle of working families and has plans to make things better.

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