Obama has always claimed to want to spread the wealth around. Yet, as I stressed this June (and in my first ever blog post way back in July 2011!) that’s the exact opposite of what he has achieved.
And it’s getting worse, not better.
Wages-as-a-proportion-of-GDP just hit another all-time low:
And corporate-profits-as-a-proportion-of-GDP just hit another all-time high:
Obama might throw a lot of rhetoric about fighting for the middle class.
But the reality has been the opposite. America today is all about the enrichment of big banks, financial corporations and the military-industrial complex, while the working class has rotted.
http://www.zerohedge.com/news/2012-12-03/guest-post-still-not-spreading-wealth-around
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