Matt Stoller pointed out that income disparity, which is associated strongly with negative social indicators (crime rates, poor health outcomes) as well as lower growth, rose faster under Obama than Bush.
Newly released Census data provides more evidence of the failure of Obama’s economic policies. A Bloomberg story summarizes how it shows that median incomes fell even as those at the top showed income gains. And why might Obama think he can be indifferent to the fate of ordinary Americans? Might it not be unrelated to the disproportionate role that the 1% and even more important, the 0.1%, play in campaign funding?