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In reply to the discussion: President Obama has done more to help the poor and middle class than any President since LBJ [View all]Rilgin
(795 posts)You are correct that the trends in income inequality have been developing for years through every administration.
The problems are systematic and at this point appear to us irreversable without a fundamental restructuring of our economy.
I believe that everyone knows this, either intellectually or intuitively. The problem is that all of the policies you mention do not actually address our fundamental problems. Obama ran on change and got elected on change. Change is always relative but the reason for disillusion with Obama is tha he has only tinkered around the edges and in some cases (ACA) institutionalized the wrong system albeit in a less extreme manner than the Republicans implementations of the same policy.
All the data and benefits you have presented show this clearly. Giving small increases or cutting the cost of program from unaffodable to people to less unaffordable ultimately does not do much. If my rent is $1,000 and I have $800, giving me $10 appears to be a benefit but does not really address my problems.
Ultimately, I think the reason people are upset is that for whatever reason, we seem to have lost a great opportunity to really try to change the system. Obama who won the elections by mobilizing people for change has chosen to govern by making back room "grand bargains" where the purpose appears to be to protect the Status Quo for the Corporations and Rich although with some small and some merely symbolic concessions to blur the hard edges of the system. Although, the causes of the problems in our economy were in no way caused by him, he has blunted the chances for "real reform" starting with the ACA and continuing with financial reform. Rather than single payer health and Glass-Steagall we got slightly improved republican solutions.
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