Obama’s got a new plan: Save the middle class
President Barack Obama yesterday proposed a package of measures tohelp middle class families, emphasizing ordinary Americans as he isexpected to do later this week in his State of the Union speech.
President Barack Obama yesterday proposed a package of measures to help middle class families, emphasizing ordinary Americans as he is expected to do later this week in his State of the Union speech.
“Creating good sustainable jobs is the single most important thing that we can do to rebuild the middle class,” Obama said after his administration unveiled proposals to expand a child-care tax credit and encourage savings.
The moves reflect a decisively more populist stance by Obama, who has stressed his determination to fight for the middle class and take a tough line toward Wall Street after suffering a serious setback last week in the Senate.
The child care credit and other measures will be discussed in his first State of the Union speech at 9 p.m. tomorrow, where he will lay out the challenges and set the tone for his administration in 2010.
A year into his presidency, Obama’s Democrats have witnessed an erosion of support among middle-class Americans who swept him into office. Wariness over the president’s policies set the stage for a shocking loss last week in a Massachusetts Senate race. Obama is expected to tap into that frustration as he addresses the nation on Wednesday.