hotair.com
President Joe Biden talked incessantly about his “from the middle class out” economic strategy. Given his record, it would have been more accurate to call it the “middle class down and out” plan. Inflation has eroded away any income gains under Biden’s presidency.
Now Vice President Kamala Harris has her own riff on this theme. Her campaign motto is “building up the middle class.” It isn’t exactly “Make America Great Again,” but Dems don’t have a lot of time to come up with anything catchier, given that Kamala was reluctantly chosen as the 8th inning relief pitcher for Old Joe, who had long ago lost his fastball.
But Harris and Biden are, as the old saying goes, birds of a feather who flock together. They are running on almost precisely the same agenda as we’ve seen for four years.
The central problem is that the record for most Americans is a lot more meaningful than the message. The irony of this “build the middle class” mantra is that no administration in recent times has done more to tear down the middle class than Biden-Harris.
The most recent Census Bureau data on incomes and poverty shows that under former President Trump, incomes of the middle class rose faster than under all the three previous presidents combined.
The difference between the Trump and Biden administrations is $8,000 per household in Trump’s favor.
This same data shows income gains for minorities and female-headed households were larger under Trump. Poverty rates fell faster under Trump as well…
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