America's middle class has taken a huge hit on President Obama's watch. The Wall Street Journal has pointed out that the after-tax middle-class household income fell by 1.9 percent during Obama's so-called economic recovery—despite a 25 percent increase in payment transfers.
But Obama's "bold" soak-the-rich strategy to help the middle class is neither bold nor workable as his MSNBC pals claim, notes Reason Foundation Senior Analyst Shikha Dalmia. If he wanted to be truly bold he'd look for good ideas even if they buck his party's conventional wisdom. She helps him out by listing four.