Commentary

Leaving the Middle Class Behind: The Shortcomings of Obama’s Economic Planning

By Troy Senik
Thursday, October 10 2013

Barack Obama, in case you haven’t heard, is pretty worked up about inequality. It’s a constant theme of the president’s speeches, with regular references like the one in his second inaugural address to a country where “a shrinking few do very well and a growing many barely make it." In the abstract, this is comfortable territory for liberals. Not only do they generally hold inequality to be a form of injustice; they also seem to think it’s intentional. That is, they believe that it stems in large part from the systematic exploitation of the poor by the rich.…

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