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Obama Fails To Stem Middle-Class Slide He Blamed on Bush

Bloomberg  |  By Posted: 05/ 1/2012 8:17 am

President Obama Labor Unions

Bloomberg:

Barack Obama campaigned four years ago assailing President George W. Bush for wage losses suffered by the middle class. More than three years into Obama’s own presidency, those declines have only deepened.

The rebound from the worst recession since the 1930s has generated relatively few of the moderately skilled jobs that once supported the middle class, tightening the financial squeeze on many Americans, even those who are employed.

Read the whole story at Bloomberg

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Filed by Maxwell Strachan  |