Monday, April 3, 2017

Biden: Middle Class Sunk Hillary's Campaign?

In a PBS interview, Joe Biden stated that Hillary lost because she didn't "talk" to the middle class.  His actual statement was:
"What happened was that this was the first campaign that I can recall where my party did not talk about what it always stood for -- and that was how to maintain a burgeoning middle class..."
The problem I have with that statement, is the phrase, "burgeoning middle class" The middle class isn't growing, it is shrinking; and those in the middle class know it. Pew Research found that the middle class has fallen from 62% of our population in 1970 to just 43% in 2014.  And, Democrats still fail to understand that it is their policies that have weakened those in this coveted social class.  For example, when you heavily raise the minimum wage, money is drained away from the middle class to give those at the bottom a larger-than-normal raise.  In another example, the affordability clause of the employer mandate of Obamacare states that when an employer must offer health insurance, it cannot cost any more than 9.56% of an employee's household income.  So again, the middle class is hurt because in order to limit the cost of insurance for low-end workers, other classes of workers, such as the middle class, are forced to pay more for their insurance.

In my opinion, Hillary lost because people in the middle class did not benefit from Democrat governance under Barack Obama.  It wasn't because of "talk".  Talk is cheap.  It is always actions that ultimately matter, not words.


Joe Biden indirectly knocks Clinton's failed campaign:

The American Middle Class Is Losing Ground | Pew Research Center:

ObamaCare Employer Mandate: "Coverage offered to employees must be considered affordable (can’t cost more than 9.56% of employee household income) and must provide minimum value (must have an average cost sharing of 60%). If coverage isn’t affordable employees can use the Marketplace and the employer can be fined"

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