Five Ways Obama Is Hurting the Middle Class

Posted by on Aug 22, 2012 at 7:50 am

Vice President Joe Biden claims that the middle class is mounting a comeback—and will continue to do so unless the GOP bumps Democrats from office.

“Folks, the middle class is coming back,” he told a crowd of supporters in Minnesota. “They have been ravaged, but they’re starting to come back.”

President Obama attempted to paint a similarly rosy picture in June after disappointing jobs reports showed unemployment ticking up.

“The private sector is doing fine,” he said.

Unemployment has risen from 8.1 percent at the time of Obama’s statement to 8.3 percent when Biden spoke. The Republican National Committee (RNC) has jumped on the statement and pointed to four additional signs that the middle class is far from a comeback during the Obama recovery.

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