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Middle class threatened: Obama

Tuesday, December 6, 2011

Declaring the American middle class in jeopardy, President Barack Obama on Tuesday outlined a populist economic vision that will drive his re-election bid, insisting the United States must reclaim its standing as a country in which everyone can prosper if provided “a fair shot and a fair share.”

While never making an overt plea for a second term, Obama’s offered his most comprehensive lines of attack against the candidates seeking to take his job, only a month before Republican voters begin choosing a presidential nominee. He also sought to inject some of the long-overshadowed hope that energized his 2008 campaign, saying: “I believe America is on its way up.”

In small-town Osawatomie, in a high school gym where patriotic bunting lined the bleachers, Obama presented himself as the one fighting for shared sacrifice and success against those who would gut government and let people fend for themselves. He did so knowing the nation is riven over the question of whether economic opportunity for all is evaporating.

“Throughout the country, it’s sparked protests and political movements, from the tea party to the people who’ve been occupying the streets of New York and other cities,” Obama said.

“This is the defining issue of our time,” he said in echoing President Theodore Roosevelt’s famous speech here in 1910.

“This is a make-or-break moment for the middle class and all those who are fighting to get into the middle class,” Obama said. “At stake is whether this will be a country where working people can earn enough to raise a family, build a modest savings, own a home and secure their retirement.”

For Obama, saddled with a weak national economic recovery, the speech was a chance to break away from Washington’s incremental battles and his own small-scale executive actions. He offered a sweeping indictment of economic inequality and unleashed his own brand of prairie populism.

He spoke for nearly an hour to a supportive audience, reselling his ideas under the framework of “building a nation where we’re all better off.”

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