Thursday, October 25, 2012

Obama on the Middle Class... Friend or Foe?

In my last blog I described how ObamaCare will cause a burden on tax payers as well as health care providers. President Obama recently addressed the nation during an election debate with running mate Mitt Romney, citing his strong dedication to reducing the financial strains currently placed on the middle class during this troubled economy. What the president failed to mention however, is how his new health care reform bill, ObamaCare, will cause thousands of dollars in higher taxes to be passed down to the middle class. The same middle class which he vowed to help alleviate from their burdens.  The truth is that middle class Americans are no better off today than they were prior to Obama’s presidency. The economic downturn coupled with higher taxes and a soaring unemployment rate have caused major pressures. With the new tax hikes to take effect in January 2013, and ObamaCare’s hidden fees, there will surely be added stress on the already burdened middle class. Although the President has made a pledge to help support the middle class, his actions have already proved just the opposite. The real truth behind ObamaCare is that like many of the President’s other policies, it is structured under a strong socialist premise. One that functions on the redistribution of wealth, rather than actual governmental reform. Although the President may be saying otherwise, his actions certainly speak louder than words, and Americans are becoming more aware of the manipulations and hidden agenda behind ObamaCare. According to the Wall Street Journal, from the time Obama took office in 2009, “The Obama years have been brutal on middle-class incomes, wiping out $4019 in real income for families.” It is no wonder than, that many Americans are taking a second look at Obama’s health care bill, and perhaps we all should.

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