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Home Front: Politix
Obama bites rich hands that fed him
2009-05-06
Excerpt - see link for details.
In 2008, exit polls showed the percentage of voters earning more than $100,000 had jumped to a historic high of 26 percent, compared with just 9 percent in 1996. ObamaÂ’s strong showing among this bloc reversed a decades-old pattern in which the more money someone made, the more likely he or she was to vote Republican.

But these voters are not being repaid for their support — more like the other way around.

Beyond the obviously wealthy voters, people who in many places are no more than upper middle class find themselves targeted to pay for a wide range of Obama policies aimed at leveling the economic playing field.

“The notion that people who are in those income brackets are Republican isn’t true anymore,” said Peter Brown, assistant director of the Quinnipiac University Polling Institute. “In part,” he added, “that’s because of the way they made their money” — in high-tech, legal or service professions that skew liberal, rather than through traditional Main Street businesses that skew conservative.

ObamaÂ’s gamble that he can ask affluent progressives to pay more without complaint has been made riskier by the collapse of home prices and stock portfolios. Many well-to-do voters who may have been in a magnanimous frame of mind when they cast their ballots last November are not nearly so rich now.

“If Obama comes down more heavily on them, how will they react? Will their support fade? We don’t know the answers,” said Mark Penn, a Democratic strategist who conducted polling for the Clinton White House and advised Hillary Clinton in the presidential campaign.

Obama’s mild rhetoric about asking, “in some cases, those who are more fortunate ... to pay a little bit more” hardly constitutes class warfare to most middle-earning Americans. What’s more, he has delayed by a year his proposal to raise top rates back to their Clinton-era levels.

But within Obama’s policies there is a notable degree of class-consciousness — and a consistent strategy to target the costs and limit the benefits of Obama’s program for upper earners.
Posted by:Seafarious

#9  You fools elected this idiot. Now watch your taxes go sky high.

Boneheads.
Posted by: DarthVader   2009-05-06 21:56  

#8  About to learn the fate of "useful idiots" once they cease to be useful.
Posted by: DMFD   2009-05-06 21:13  

#7  there is no known cure.

Actually, beso, there is. It just cannot be spoken for fear of prosecution of our generous host.

Posted by: Glenmore   2009-05-06 20:03  

#6  "If Obama comes down more heavily on them, how will they react? Will their support fade? We don't really give a shit know the answers," said Mark Penn"
Posted by: Zorba Craising6734   2009-05-06 15:28  

#5  and i kept warning my brother (who's in that bracket and voted for Obama) to watch where he swung that populism around, 'cause next to my paycheck, bro, you ARE "The Man" you want to stick it to...
Posted by: Querent   2009-05-06 13:05  

#4  So this wasn't exactly what you signed on for? You didn't read the the signs or fine print prior to the election?
Posted by: JohnQC   2009-05-06 09:56  

#3  It's the Robert Mugabe virus. Unfortunately, there is no known cure.
Posted by: Besoeker   2009-05-06 08:53  

#2  No more money for you.
Posted by: newc   2009-05-06 05:36  

#1  Nah, he only hates people who actually work for a living.
Posted by: g(r)omgoru   2009-05-06 03:29  

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