America was mad at George W. Bush for increased spending, taking his eye off the economic ball and most of all for a war they thought should never have been fought. America is today just as upset with Obama, who they elected to bring the parties together in the Reaganesque style he championed as a candidate and bring a new generation to government. Instead, they see a tax and spend liberal trying to take taxes and spending to new levels. The independents and upper middle class voters who were with him last time are abandoning him in droves.
America wants to see the president focused on stimulating jobs and innovation, not on raising taxes in a near recession. The president could be out there with tax reform that promotes America’s greatest asset — the country’s hard working and ever successful professionals — and yet raises funds by closing the gap on taxes on capital. He could have tax reform that righted the balance between capital and wage income without opening up class warfare. And he could be moving forward on immigration reform, on trade deals, on new policies and programs that put America at the frontier of new technologies on energy and pharmaceuticals.
Instead, the president has wandered into the thicket of class warfare that will only compound the difficulties before his climb to re-election.
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