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Wednesday, August 15, 2012

Obama's War on Middle Class: The Hidden Inflation 'Tax'

Obama's War on Middle Class: The Hidden Inflation 'Tax': "So what do we have to show for what Mark Steyn described as “pouring a trillion dollars into the Potomac and watching it float out to sea”? Anemic economic growth, unemployment (official) that has remained above 8% longer any period in modern history since the Great Depression, more Americans claiming Social Security disability than finding new employment,  an explosion in federal debt that will eventually fall upon posterity to pay off if ever, and all the while the loss of real purchasing power and diminished true value of savings in a ‘hidden tax’ that no one can escape unless they walk everywhere, don’t eat, don’t drink, and bundle up in their living rooms in wintertime.  All this at a time when the middle class can least afford it. "

'via Blog this'

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