Obama’s “nuevo-middle-class”: $150K to $450K

1 Jan

America’s Capitulator in Chief (C.i.C.), President Barak Hussein Obama, strikes again. Middle class by the new Obama standard starts at below family income of $400,000.00; those families making between $150,000 and $400,000.00, or less than 5% of the population, are now middle class and get tax breaks. By the new Obama standard, middle class people include those leaving estates of $5,000,000.00 or less, including about the 2% of the population who leave estates of $1,000,000.00 to $5M who continue to get tax breaks.
All these nice tax breaks for Obama’s “Nuevo middle class,” one made up of those who have incomes from $150,000.00 and $400,000.00, is a delay in mandatory spending cuts for two months, just time for giving the President another opportunity for blaming the Republicans for bringing the country to the brink. To the politically schizophrenic Obama, expediency won over ideology, as it seems to do at every turn.

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