I don’t envy our President Obama right now as the 2009 census results are in and the news is devastating.
With absolutely stunning statistics that the poor are in the worst shape since the so called ” War On Poverty” began in 1950, and the middle class slipping into the hole which started before he was even elected, President Obama knows that something must be done to salvage the very sick economy and resulting avalanche of unemployed people awaiting relief; Especially the 5th tier unemployed, and those 99 weeks or more without a job.
The report claims that the poor still can not stand independently and the economy does not allow those on the lowest rungs, still disproportionately Black and Hispanic residents to get a foothold which might propel them forward into the lower middle class. .
Even worse for the Democrats facing reelections, the middle class which are the class which votes in the largest numbers, the middle class is slipping fast into the chasm created by unemployment and the slowing economy which threatens to pull the average taxpayer underwater. Many of the long term unemployed
have already run out of benefits or are about to run out. ( We call them “the 99ers” and they await a 5th tier unemployment benefit decision).
So economists are wondering and lightly suggesting that the only immediate fix is to plug the well with more benefits for the middle class taxpayer before the November elections as the poor already have safeguards in place which at least keep them where they are while we wait for the economy to rebound.
This might translate into extended unemployment benefits for the one class which does not have it and are crying out in the dark. The long term unemployed past 99 weeks or about to hit 99 weeks. That class which numbers in the millions is a strong and increasingly militant voter base. Another plug in this leaking boat might help Democrats keep their seats.In particular, those states with high unemployment such as Nevada, New York and Michigan.
According to By HOPE YEN and LIZ SIDOTI, Associated Press Writers Hope Yen And Liz Sidoti, Associated Press Writers – Sat Sep 11, 2:13 pm ET
” Beyond this fall, the findings could put pressure on Obama to expand government safety net programs ahead of his likely 2012 re-election bid even as Republicans criticize him about federal spending and annual deficits. Those are areas of concern for independent voters whose support is critical in elections.
Experts say a jump in the poverty rate could mean that the liberal viewpoint – social constraints prevent the poor from working – will gain steam over the conservative position that the poor have opportunities to work but choose not to because they get too much help.
“The Great Recession will surely push the poverty rate for working-age people to a nearly 50-year peak,” said Elise Gould, an economist with the Economic Policy Institute. She said that means “it’s time for a renewed attack on poverty.”
To read this entire article link here:
So if the pressure continues, Senate and Congress may have to fight tooth and nail to show the unemployed and disenchanted middle class voters that the Obama administration still supports them.
Otherwise, voters may see it as a strategy to push all the classes into poverty, making only rich and poor as any good socialist party might do. And Obama is definitely fighting that stamp so I hope he takes notice and props up the middle class once more with benefits and tax incentives.
We are all scarred by this report that the war on poverty is failing. The Democratic party feels the heat and needs to extend those government benefits now, economists speculate to win back seats.
The 99ers, 5th tier anticipate-rs, and the middle class have rallied to show their scorn at being abandoned.
Those voices have spoken and they are yelling to be heard right now, or lose their vote come November.