From Investor’s Business Daily:
Working Class Gives Up On Obama, Fears Job Losses
By John Merline, Investor’s Business Daily | 03/10/2015 04:45 PM ET
In what could be a significant opening for the Republican Party, working-class Americans have largely abandoned President Obama and rejected his economic policies as they continue to suffer from the historically weak economic recovery, a new analysis of IBD/TIPP Poll data finds.By wide margins, this group is more likely than any other income class to say the country is headed in the wrong direction, the economy is getting worse, and they fear losing their jobs.
Just 36% approve of the job that Obama is doing, compared with 43% overall, and vast majorities say his policies haven’t helped the middle class.
Over the past two months, IBD has asked people to identify themselves as upper class, upper-middle class, middle class, working class or lower class.
Read the rest here.
The IBD/TIPP poll found pretty much the opposite of what President Obama had predicted, and what the left expect: the left are continually amazed that poorer Americans, that the working class,1 do not support their policy prescriptions, but that is exactly what the poll indicates.2 The middle and upper-middle classes are more supportive of the President’s economic policies than the working class, which would seem the obvious result of those groups being economically successful in the economy today. The left claim that the economy is doing well, in part because the stock market was recently at an all-time high, and remains close to that today. That is true enough, but the working class are the ones least likely to be taking much advantage of that. It’s great that 401(k) plans are doing well . . . if you have a 401(k). Low interest rates have helped people in the housing market, which is great, if you are well off enough to consider buying a home. The official unemployment rate looks a lot better, if you aren’t one of those people who used to be in the work force, but have dropped out because you haven’t been able to find a job in a year.3
The IBD/TIPP poll indicated widespread dissatisfaction among the working class for the Democrats’ economic policies pretty much across the board: on immigration, on taxes, even on the Affordable Care Act. The policies that the left tout as being aimed at helping poorer Americans are most strongly opposed by poorer Americans:
More than half (55%) of the working class even oppose Obama’s call for raising taxes on wealthy Americans “to pay for programs that help lower and middle class families” if it “results in fewer jobs.” Just 48% in the middle class feel this way.
The Democrats would say that they just haven’t communicated their message well enough, but I believe that the answer is different: the highly sophisticated Democratic leadership have had all of the common sense educated right out of them, while poorer Americans retain it.
What the working class really see is something we have pointed out previously: the Democrats cannot be both the party of the working man and the party of the non-working man. Working Americans know that they are being taxed more, are having to work longer and harder, to support other Americans who will not work to support themselves, but who are perfectly satisfied living off entitlements.
The left do not understand this, but we have told them and told them and told them: what the left see as the better interests of the working class, and what working class people themselves see as being in their better interests are very, very different things. The IBD/TIPP poll simply quantifies it . . . as did the 2014 elections!
- Investopedia defines “working class” as “A socioeconomic term used to describe persons in a social class marked by jobs that provide low pay, require limited skill and/or physical labor, and have reduced education requirements.” It continues to state that “Unemployed persons or those supported by a social welfare program are often included in this group,” but The First Street Journal holds that there is a difference between working class and non-working class. Other definitions can be found, but they are fairly unified on the concept that the working class are, primarily, those without higher education, who rely on manual labor to provide an income. Your Editor disagrees: he defines working class as those people who have to work for a living, and takes no distinction based upon the kind of work that they do, because he holds that all (legal) work is honorable and praiseworthy. ↩
- We have previously noted that, despite what the official economic numbers might say, polls indicate that 72% of the public believe that we are still in a recession. ↩
- The U-3 Unemployment Rate, the one which gets the most attention in the media and the one the President touts, was 5.5% for February of 2015, seasonally adjusted, 5.8% not seasonally adjusted, but the U-6 Unemployment Rate was 11.0% seasonally adjusted, 11.4% non-adjusted. U-6 is defined as “Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force,” while “Persons marginally attached to the labor force are those who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the past 12 months. Discouraged workers, a subset of the marginally attached, have given a job-market related reason for not currently looking for work. Persons employed part time for economic reasons are those who want and are available for full-time work but have had to settle for a part-time schedule.” The source is Table A-15. Alternative measures of labor underutilization, but the data are updated monthly, and the table may not show the same information as when it was used on March 12, 2015. ↩