Middle Class Shrank During MB Obama’s Eight-year Tenure

Reclaim Our Republic

 10 Jan 2012 by Neil Munro

The nation’s middle class continued to shrink throughout President Barack Obama’s tenure, according to a new report from the Pew Research Center.

“A steady hollowing of the middle class, for example, continued during Obama’s presidency, and income inequality reached its highest point since 1928,” says Pew’s new report, “How America Changed During Barack Obama’s Presidency.”

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The report also sketched out the growing automation of many jobs which have provided steady jobs to generations of middle-class Americans. The public is worried about the trend — even though many Americans are more confident that their skills and jobs are are relatively safe from the robots, according to the report: 

The technological changes that were such a hallmark of Obama’s eight years will go on, constantly reshaping the way we communicate, the way we travel, the way we shop and the way we work…

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