“This is deadly earnest,” Biden said. “How they can justify — how they can justify raising taxes on the middle class that’s been buried the last four years. How in the lord’s name can they justify raising their taxes with these tax cuts?” [Fox News]
THE FINANCIAL collapse started under George W. Bush and was so bad that as President Bill Clinton has stated, no one, not even Reagan or Clinton himself, could have righted what has gone terribly wrong in one term.
The collapse of 2008 buried the middle class, but it’s not like it’s Barack Obama’s fault, even if you think his economic policies suck.
Biden’s gaffe was dead on.
The key to growth is the middle class. The economic elitists on the right seem to think that if we coddle a privileged class of elite investors, prosperity will, as they say, trickle down to the rest of us. If that were true, the Bush economy would have produced a boom rather than a depression. A middle-class-focused economy like, say, the one Bill Clinton gave us and Barack Obama is fighting for, would invest in people, in education, in infrastructure, in technology, in science and green jobs. – Paul Begala
Republicans think everything is Obama’s fault, but this is not supported by polling.
Joe Biden is right. The middle class has been getting hammered the last four years.
What he gets wrong is that President Obama could have done even more about it, starting with the too big to fail banks, as well as the mortgage crisis.
What Republicans get very wrong is that their plan would make matters worse.
Keep tellin’ it, Joe.