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Not even a much-improved Obama economy can save the middle class

One had to chuckle after reading Jed Lewison’s article, President Obama plagiarizes Mitt Romney’s economic pledge … two years ahead of schedule, mostly because it reads like poetic justice. It seems Obama has been able to fulfill Republican policies—with a twist of Democratic values.

Last week, President Obama gave a speech highlighting all the economic accomplishments of his administration. They are very real, but he was frank in highlighting a sad reality: While in the aggregate his numbers surpasses those of most presidents, most of the gains for his accomplishments went to a select few. He knows the game is rigged. We know the game is rigged.

Unfortunately, given our corporatized economic system with a bias towards capital, President Obama is powerless. Absent a revolutionary change in our economic system, simple math is against the working middle class.

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