…at some point in their lives. From an AP / USA Today article earlier this week:

Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives…

Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.

More than one angle here is worth exploring, and I may do so in future posts. But for now, I’ll try to keep it brief.

Most obvious (and important) is the simple failure of President Obama’s economic policies. It’s not a matter of giving him more time; he’s had more than four years. The problem is that his policies can never work, because they are the wrong policies.

As a committed leftist, the man simply does not understand how the real economy works, how the American middle class came to be, or what produces good jobs and rising living standards for large masses of people.

Obama gave a speech on the middle class this week which was as misguided as any he’s given, and which I may review later in more detail. For now, let’s just say that Obama’s Big Government, debt-inflating policies are the thing causing the conditions that he decries (rising wealth inequality, loss of manufacturing jobs, etc.).

Another possible angle, on the above article, is race – specifically, “the stupidity of race” (as I almost titled this post). Because it goes on to be fairly obsessed with race, saying: [Read more…]