President Obama Marvels At Vietnam’s Growing Middle Class — While The American Middle Class is Headed Toward Extinction and President Obama Still Tries to Hallucinate Prosperity

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Peace and Freedom Commentary

During President Obama’s second full day in Vietnam he spoke to packed auditorium about the shared values of the U.S. and Vietnam and our responsibilities for human rights, trade, the well being of citizens and peace and stability.

He marveled at Vietnam’s burgeoning middle class.

“Nations are more successful when people can freely express themselves, assemble without harassment and have access the internet and social media,” Obama said.

That’s a worthy sentiment — one I may have written myself while I was a speechwriter for a big shot.

But Obama’s rhetoric may not be exactly the truth in the case of Vietnam, China or the United States — during the Obama years.

The Vietnamese people are quick to talk about their human rights restrictions. Yet the Vietnamese economy is one of the more vibrant in Asia and the middle class is rapidly growing.

The Chinese middle class has been expanding by leaps and bounds — but human rights restrictions in China remain notably harsh.

In the United States, the U.S. economy during the Obama years can best be described as a tragic failure — even though Americans enjoy many human rights.

President Obama has president over the nation’s worst economic recovery ever.

From 2000 through 2014 the middle class in America shrank in nine out of every 10 metro areas.

According to The Associated Press report on May 12, 2016:

A widening wealth gap is moving more households into either higher- or lower-income groups in major metro areas, with fewer remaining in the middle, according to a report released Wednesday by the Pew Research Center.

In short, under President Obama the American Middle Class has been constantly shrinking — and the Associated Press said it is headed for extinction.

American wages remain at 1997 levels. As areas have decided to raise the minimum wage, many have reported job losses.

America’s labor force participation rate is the worst it has been since the Great Depression.

But the good news is this: transgender people can use whatever bathroom they want!

The U.S. record on human rights is terrific. But without a middle class, who is left to enjoy our once famous freedoms?

Related:

 (Read the Associated Press report cited above)

 (Experts say this has added to the “burden” the government places upon businesses.)

American wages remain at 1997 levels as recovery fails to lift middle class
http://www.theguardian.com/us-news/2015/sep/16/american-economy-wages-poverty-middle-class-census-bureau

President Barack Obama speaks in the White House briefing room in Washington, Friday, May 6, 2016, about the economy and new steps to strengthen financial transparency and combat money laundering, corruption, and tax evasion. (AP Photo/Andrew Harnik)

 

 

  (This is from October 2014 but many still feel like they did then)

Federal Reserve Chair Janet Yellen has described the “stagnant living standards for the majority.”

The ripple effect of the president’s tax hikes is swamping take-home pay

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MIT economist Jonathan Gruber testifies on Capitol Hill in Washington, Tuesday, Dec. 9, 2014, before the House Oversight Committee health care hearing. Congressional Democrats charged Tuesday that Republicans are seizing on a health adviser’s self-described “thoughtless” and misleading remarks to attack President Barack Obama’s signature health care law. (AP Photo/Molly Riley)

ACA Architect: ‘The Stupidity Of The American Voter’ Led Us To Hide Obamacare’s True Costs From The Public

http://www.forbes.com/sites/theapothecary/2014/11/10/aca-architect-the-stupidity-of-the-american-voter-led-us-to-hide-obamacares-tax-hikes-and-subsidies-from-the-public/#34e2f6cf779b

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