Discover Yahoo! With Your Friends

Explore news, videos, and much more based on what your friends are reading and watching. Publish your own activity and retain full control.

To get started, first

YOUR FRIENDS' ACTIVITY

    Obama: Expanding the Middle Class is ‘Defining Issue of Our Time’

    President Obama Ohio MessageWASHINGTON (The Blaze/AP) – President Barack Obama is pushing his economic message in Ohio, brandishing his presidential megaphone in a politically important state to make certain his appeal to the middle class is heard amid the boisterous start of the Republican campaign for the White House.

    Obama was traveling Wednesday to the most Democratic congressional district in Ohio, a Cleveland suburb, a day after Mitt Romney won Iowa’s Republican presidential caucuses by just eight votes. Obama‘s trip signals the White House’s intent to keep the president in the public eye even as the political world focuses on the GOP’s selection process.

    The White House‘s choice of Ohio for Obama’s first presidential trip of 2012 underscores the state’s high-profile role in presidential politics. It is a swing state that went for George W. Bush in 2004 and for Obama in 2008. A top manufacturing state, Ohio has seen its jobless rate follow the national pattern; unemployment was 8.5 percent in November compared with 9.6 percent a year before.

    Obama set the tone Tuesday for a White House strategy that aims to maintain pressure on congressional Republicans while promoting an economic plan that serves as much as a policy prescription as it does a political platform for the general election.

    Addressing Iowa Democrats by teleconference as the GOP caucus counting was still under way, Obama described Republicans as embracing a “theory that says we’re going to cut taxes for the wealthiest among us and roll back regulations on things like clean air and health care reform, Wall Street reform, and somehow that automatically that assures that everybody is able to succeed.”

    “I don’t believe that,” Obama declared.

    Pressing his economic agenda, Obama has said expanding the middle class is “the defining issue of our time.” His spokesman, Jay Carney, on Tuesday called it “his No. 1 focus.”

    As defined by the president and by his advisers, his economic argument is that the middle class is facing a “make or break moment.” On that score, Obama still has a few confrontations with Congress in the year ahead.

    He still wants to extend a payroll tax cut for all of 2012. Republicans avoided being blamed for a tax increase last month when House GOP leaders agreed to a two-month extension. A longer version will have to be decided by the end of February. Obama is also likely to point to elements of a jobs package he advanced last year that failed in the face of Republican opposition.

    Obama is also at odds with Senate Republicans over his nomination of Richard Cordray as head of the Consumer Financial Protection Bureau, a central feature of new bank regulations that Congress approved and Obama signed in 2010. Republicans are blocking Cordray’s appointment, effectively hamstringing the bureau’s work. Battling Wall Street overreach has been a recurrent Obama theme as he advocates for the middle class.

    Signaling that he would continue to draw sharp lines between the middle class and the wealthy, Obama told the Iowa Democrats in his videoconference Tuesday that he would insist on the rich paying more in taxes.

    “If we‘re going to make the investments that we need for our kids at the same time as we’re controlling our deficit, then there‘s nothing wrong with saying to millionaires and billionaires that we’re going to let your tax cuts expire,” Obama said. “The other party has a fundamentally different philosophy.”

    Administration officials say they were especially encouraged by the public‘s response to Obama’s call for extending the payroll tax cut and indicate Obama will make such appeals repeatedly to gain leverage over Congress and Republicans, in particular.

    “There are more things that need to be done,” Carney said Tuesday. “There are elements of the jobs act that we believe, as we did from the beginning, merit bipartisan consideration and support. This country is in crying need of work on its infrastructure.”

    In speaking at Shaker Heights High School on Wednesday, Obama is returning to a Cleveland suburb that he visited in 2009 while pushing his health care overhaul plan. Obama also planned to meet with a family at their home, a tactic Obama has employed before to personalize his agenda.

     

    (h/t: CNSNews)

    Also Read
     

    84 comments

    • janie3  •  4 mths ago
      It's only his first campaign trip of 2012 because he just got back from vacation.
    • Matthew  •  4 mths ago
      Nothing assures everybody will succeed. But if you take from those who have succeeded and give to those that have not it will appear more people are succeeding. Those that were not succeeding to start with, will not be suceeding in the end; they will just have less incentive to go after their own success. In the end you have more lay abouts depending on the Democrates for other peoples (the real middle class) hard earned money.
      Obama-nomics 101
      • dave 4 mths ago
        You are completely ignoring history and have no grasp of economics whatsoever; not to mention completely battling at a straw man in a vain attempt to mis-characterize the issue.
    • Kenya Birth Proof  •  Los Angeles, California  •  4 mths ago
      Listen here lady schultz, your inept president obama is not gonna help anybody, don't you get it? because he does not process the executive knowledge TO HELP A SINGLE SOUL. Just what are you socialist drones gonna do when the health care mandate kicks in, and your liberal bunch cannot afford to pay their fair share? I'll tell ya what will happen, that's when the pissssin' and moanin' begins all over again, and your obama drones all run down to the welfare offices that's what, and an ALL NEW vicious helpless poor-me cycle kicks into high gear, that's what, finally thrusting us all (kicking and screaming as you say) into a European socialist style economy, which favors the least productive in society, an even more refined socialist model, a model that obama has long dreamed of implementing in the United States THAT'S WHAT......GO AWAY SHULTZ.....no one believes your obama crap, not even you....obama saving the middle class? THAT WILL BE THE DAY....what a laugh.
    • Liberty  •  Reno, Nevada  •  4 mths ago
      50% of america lives in poverty, please quit calling it middle class
      • liz h 4 mths ago
        LMAO....GOOD ONE!!!
    • PeterG  •  New York, New York  •  4 mths ago
      Unlike 2008 when Obama could campaign on vague promises of “Hope and Change” and a penchant for voting “present”, this time around he will have to answer for his actions.
      .
      One & Done. Next.
      • Todd 4 mths ago
        God help us if Republicans take power!
    • ENDO-  •  4 mths ago
      More worthless propaganda from little Mao..
    • Clifford  •  4 mths ago
      Okay folks, in this order…

      1. A Constitutional Amendment that requires, AT A MINIMUM, a 3/5 majority (60%) of BOTH Houses of Congress to increase the National DEBT or increase taxes/fees on the American people.

      2. Quit borrowing the D**N money! Then our spending priorities will come into sharp focus, REAL QUICK!

      3. Reduce fraud, waste and gross mismanagement to less than 3% of Federal spending.

      4. Do away with FEDERAL Income Taxes on those making less than $200K(S) and $400K(MFJ) and replace with a Consumption Tax (SALES TAX), WITH an exemption for food and grocery items and exclusion amounts for transportation, housing, utilities and clothing.

      NO Federal Tax Forms to fill out and unless they steal the merchandise, even drug dealers, pimps, prostitutes and DEMOCRATS would have to pay a National SALES TAX. SWEET!

      Those making $200K(S) or $400K(MFJ) or GREATER reduce/eliminate deductions and lower tax rates.

      Do away with Corporate Taxes. Corporations do not pay taxes. ALL costs MUST be recovered by the company (passed on to the consumer) in order for the company to remain in business and for the employees to keep their SUSTAINABLE, PRIVATE SECTOR, JOBS! JOBS! JOBS!

      We have got to encourage businesses to locate in the U.S. We are in a WAR OF ECONOMICS and we must maintain a JOB FRIENDLY economy while maintaining good stewardship of the environment.

      The states that are doing the best in the current economic crisis are those states that have the lowest business taxes. In the future, the same holds true for NATIONS that have the lowest business taxes. The U.S. should take the lead and show the world that American Exceptionalism AND Capitalism provides the greatest standard of living for the greatest number of its citizens.

      SPENDING PRIORITIES

      1. Principal and Interest on the National DEBT

      It should be the goal of this nation to go from a National DEBT of $15 TRILLION to a National SURPLUS of $4 TRILLION (rainy day fund) in say… oh… 30 years.

      Everyone knows that NOTHING, absolutely NOTHING, would make our economy fly like a ‘bat out of hell’; create millions upon millions of SUSTAINABLE, PRIVATE SECTOR JOBS! JOBS! JOBS!, keep interest rates low AND drive down the price of gas more than going from a National DEBT of $15 TRILLION to a National SURPLUS (rainy day fund) of $4 TRILLION in 30 years.

      I don’t know about the rest of working Americans, but THAT is how important my HARD EARNED money is worth to me. We are ALL going to come to hate the term 'AUSTERITY MEASURES' over the next few decades.

      2. National DEFENSE

      We should have a National DEFENSE that is second to none. But make NO mistake; there are no blank checks anymore.

      3. EVERYTHING ELSE

      Congress is composed of 535 duly elected, mature, intelligent, adult men and women. Okay… well maybe that is a stretch, but anyway, after a Balanced Budget Amendment is passed, just leave it to Congress to figure out the rest. And if we are REAL lucky, hopefully most of them will just say to hell with it and resign. SWEET!
      • Clifford 4 mths ago
        Yes, there is plenty of blame to go around, Democrats, Republicans, Independents and roaming gnomes.

        So what are WE THE PEOPLE suppose to do ...give POTUS Obama and the Democrats, OR Republicans, a 'stupidity pass' or something?? I don't think so.

        But we ‘Baby Boomers’ really have no one to blame for this little economic 'mess' except ourselves. We're the ones who elected these stupid, irresponsible morons into office in the first d**n place!

        So shut up the whining and take responsibility. We are in the grasp and the gravitational destruction and annihilation of an economic 'Black Hole'. I am afraid that we have already passed the 'event horizon' and we are doomed.

        An economic 'tsunami' of Biblical proportions is headed our way. And it is coming fast, furious, devastating ...and LONG!

        God forgive us for what we are doing to our children and grandchildren.
      • dave 4 mths ago
        We were in as bad a place after WWII and we got out of it easy... and roared into the Golden Age of Capitalism!!!

        We've just got to boot out you nutty right wingers!!! With these absolutely idiotic ideas you delude yourselves with.

        See above posts...
      • Clifford 4 mths ago
        lol! Thank you Mr. Obama, and your thoughtful, Common Sense ideas, suggestions, solutions and rebuttals would be??

        What would you do to take this nation from a National DEBT of $15 TRILLION to a National SURPLUS (rainy day fund) of $4 TRILLION in 30 years?

        Typical ObamaZombie dimwit Democrats ...I hope everyone understands NOW why we're $15 TRILLION BUCKS in DEBT??

        lol!! Are all left wingers this stupid AND mathematically challenged??

        POTUS Obama is the worst President in the history of the United States.
        …and Jimmy Carter is doing back flips!
    • copebyrd  •  4 mths ago
      The only class of people that is growing is the people that dont have a job or any money. Hopefully OZBAMA will join the class of people that dont have a job real soon.
      • Hope 4 mths ago
        But that's the plan...the more dependent on govt. equates to votes and voting for liberals who encourage this mentality & dependency eventually leads to liberal rule by the liberal elite & liberal supporters who are screaming for more.....look to Greece.
    • fanofheels  •  4 mths ago
      How is penalizing the millionaires and billionaires, who are the ones hiring the middle class, going to increase the size of the middle class? Oh I know they will tax them into the middle class thus increasing the middle class. The problem with socialism is that eventually you run out of other people's money. SAVE AMERICA, VOTE OBAMA 2012!!!
    • Clifford  •  4 mths ago
      My Fellow Americans,

      Our National DEBT is $15 TRILLION and GROWING... EXPONENTIALLY. We are also paying $450 BILLION A YEAR in interest payments on that debt.

      Over 40% of every dollar that POTUS Obama, Joe Biden, Nancy Pelosi, Harry Reid and that bunch of irresponsible, dimwit Democrats spends is deficit spending (BORROWING); AND adding over a TRILLION BUCKS to the National DEBT.... year after year after year... for as far as the eye can see.

      One out of every three dollars (33%) sent to the Federal Government is lost due to fraud, waste and gross mismanagement... year after year after year... for as far as the eye can see.

      One out of every three tax dollars (33%) goes UNCOLLECTED by the Federal Government due to unreported income in the illicit drug trade and underground economy... year after year after year... for as far as the eye can see.

      20% of Federal spending is discretionary, 20% is military, and 60% is ENTITLEMENT SPENDING. You do the math.

      In ten years (2022) it has been estimated that the National DEBT will be $30 TRILLION and the interest payments will be over a TRILLION BUCKS PER YEAR... and you know how good the Federal Government is at 'estimating'.

      Over the next 10 years, should we ‘Baby Boomers’ be DUMPING another $15 TRILLION of National DEBT 'onto the backs of our children and grandchildren'??

      Just exactly what should our No.1 spending priority be for the next...oh say... 30 d**n years??

      Mitt Romney is VERY, VERY PROUD of RomneyCare... so is POTUS Obama, Joe Biden, Nancy Pelosi, Harry Reid, Dick Durban, Debbie Wasserman Schultz, Chuck Schumer, Steny Hoyer and the rest of those dimwit Democrats.

      The good people of Ohio OVERWHELMINGLY REJECTED ObamaCare 2 to 1 in November 2011. Any questions??

      Mitt Romney is NOT a Conservative. Mitt Romney is a liberal RINO… AND a flip flop.

      Ron Paul would be 77 in January 2013. He would make an excellent Secretary of Commerce. Then let's watch him dismantle it.

      Rick Santorum voted 8 TIMES to INCREASE the National DEBT ceiling.
      So what are Rick Santorum’s excuses?

      Newt Gingrich and a Republican Congress fought 20 years ago for a Balanced Budget Amendment and forced Bill Clinton to reform welfare and a Balance Budget.

      Do not be deceived. These are not Republicans pushing Ron Paul for President. These are Democrats crossing over in the Republican Primary campaign and pushing for Obama's weakest AND goofiest opponent.

      Beware of false prophets… especially if they believe in the Tooth Fairy.
    • Dirk Pitt  •  4 mths ago
      BO has done absolutely nothing in his first three years to help anyone in America except himself and his cronies. Rahm Emanuel, Eric Holder, Jon Corzine, Nancy Pelosi, Tim Geithner, and the list goes on and on. They have all become much more wealthy in the last three years due to the shady goings-on that are continually overlooked and brushed aside.

      Why are we letting them get away with this? The middle class is of absolutely NO CONCERN to this administration. Don't be fooled fellow citizens, he does not care about us. It is up to us to change things.

      YES WE CAN!!!
    • Dr. Lee  •  4 mths ago
      obama you sorry POS you are the one who gave us all of our current defining economic issues. You are too delusional to realize that you are the problem.
    • Clifford  •  4 mths ago
      Mark Halprin is right. Obama is a d**k.
    • dtm  •  4 mths ago
      Stop the lies Mr. Food Stamp president; your sudden concern (just before election time) for the middle-class is so disingenuous. Where were you in 2009 when these same people were losing their jobs/homes. You had the MAJORITY in both the House and Senate for your first two years in office, remember? Way too busy working on your job-killing Obamacare during that time........the only thing you ever really truly "focused on like a laser"! The majority of what's left of middle-class are sick of your lies and they're sick of you!
      2012 - Anybody but Obama!
    • Nobama for 2012  •  Austin, Texas  •  4 mths ago
      This want a be Prez is a Joke, he should be impeach, he is a liar, a thief, a racist towards whites and JEWS, Himmler Wright has to his pupil well, Eric Holder should be put in jail, Nov coming, and your gone Chavez want a be !!!!!!!!!!!!!!!!!!!!
    • Kurt Russet  •  4 mths ago
      After being decimated by failed Democrat policies, he's not the one with any solutions. He needs to go.
    • Todd  •  Rochester, Minnesota  •  4 mths ago
      Reagan started the fall of the middle class 30 years ago.
    • Roberto  •  Phoenix, Arizona  •  4 mths ago
      What a huge lie!! The middle class is feeling the PAIN of higher prices at the pump, runaway grocery and clothing prices and housing net worth sliding down a cliff. Now wait middle class when Bush tax cuts expire in 2012 and a whole shlit house full of ObamaCare taxes kick in in 2013. This is the worst economy in my lifetime......even worse than 18% mortgage rate Carter.
    • lillipea  •  4 mths ago
      We can't help but notice your crooked pals getting away with white collar crime under your watch. You can't help anyone.
    • Hope  •  4 mths ago
      Under liberal control, we've only seen "trickle up poverty" and TRILLIONS of dollars in debt placed on the back of hard working middle class Americans for generations to come.
    [ [ [['Connery is an experienced stuntman', 2]], 'http://yhoo.it/KeQd0p', '[Slideshow: See photos taken on the way down]', ' ', '630', ' ', ' ', ], [ [['Connery is an experienced stuntman', 7]], ' http://yhoo.it/KpUoHO', '[Slideshow: Death-defying daredevils]', ' ', '630', ' ', ' ', ], [ [['know that we have confidence in', 3]], 'http://yhoo.it/LqYjAX ', '[Related: The Secret Service guide to Cartagena]', ' ', '630', ' ', ' ', ], [ [['We picked up this other dog and', 5]], 'http://yhoo.it/JUSxvi', '[Related: 8 common dog fears, how to calm them]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 5]], 'http://bit.ly/JnoJYN', '[Related: Did WH share raid details with filmmakers?]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 3]], 'http://bit.ly/KoKiqJ', '[Factbox: AQAP, al-Qaeda in Yemen]', ' ', '630', ' ', ' ', ], [ [['have my contacts on or glasses', 3]], 'http://abcn.ws/KTE5AZ', '[Related: Should the murder charge be dropped?]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 5]], 'http://yhoo.it/JD7nlD', '[Related: Bristol Palin reality show debuts June 19]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 1]], 'http://bit.ly/JRPFRO', '[Related: McCain adviser who vetted Palin weighs in on VP race]', ' ', '630', ' ', ' ', ], [ [['A JetBlue flight from New York to Las Vegas', 3]], 'http://yhoo.it/GV9zpj', '[Related: View photos of the JetBlue plane in Amarillo]', ' ', '630', ' ', ' ', ], [ [['the 28-year-old neighborhood watchman who shot and killed', 15]], 'http://news.yahoo.com/photos/white-house-stays-out-of-teen-s-killing-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120411/martinzimmermen.jpg', '630', ' ', 'AP', ], [ [['Titanic', 7]], 'http://news.yahoo.com/titanic-anniversary/', ' ', 'http://l.yimg.com/a/p/us/news/editorial/b/4e/b4e5ad9f00b5dfeeec2226d53e173569.jpeg', '550', ' ', ' ', ], [ [['He was in shock and still strapped to his seat', 6]], 'http://news.yahoo.com/photos/navy-jet-crashes-in-virginia-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120406/jet_ap.jpg', '630', ' ', 'AP', ], [ [['xxxxxxxxxxxx', 11]], 'http://news.yahoo.com/photos/russian-grannies-win-bid-to-sing-at-eurovision-1331223625-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/1/56/156d92f2760dcd3e75bcd649a8b85fcf.jpeg', '500', ' ', 'AP', ] ]
    [ [ [['did not go as far his colleague', 8]], '29438204', '0' ], [ [[' the 28-year-old neighborhood watchman who shot and killed', 4]], '28924649', '0' ], [ [['because I know God protects me', 14], ['Brian Snow was at a nearby credit union', 5]], '28811216', '0' ], [ [['The state news agency RIA-Novosti quoted Rosaviatsiya', 6]], '28805461', '0' ], [ [['measure all but certain to fail in the face of bipartisan', 4]], '28771014', '0' ], [ [['matter what you do in this case', 5]], '28759848', '0' ], [ [['presume laws are constitutional', 7]], '28747556', '0' ], [ [['has destroyed 15 to 25 houses', 7]], '28744868', '0' ], [ [['short answer is yes', 7]], '28746030', '0' ], [ [['opportunity to tell the real story', 7]], '28731764', '0' ], [ [['entirely respectable way to put off the searing constitutional controversy', 7]], '28723797', '0' ], [ [['point of my campaign is that big ideas matter', 9]], '28712293', '0' ], [ [['As the standoff dragged into a second day', 7]], '28687424', '0' ], [ [['French police stepped up the search', 17]], '28667224', '0' ], [ [['Seeking to elevate his candidacy back to a general', 8]], '28660934', '0' ], [ [['The tragic story of Trayvon Martin', 4]], '28647343', '0' ], [ [['Karzai will get a chance soon to express', 8]], '28630306', '0' ], [ [['powerful storms stretching', 8]], '28493546', '0' ], [ [['basic norm that death is private', 6]], '28413590', '0' ], [ [['songwriter also saw a surge in sales for her debut album', 6]], '28413590', '1', 'Watch music videos from Whitney Houston ', 'on Yahoo! Music', 'http://music.yahoo.com' ], [ [['keyword', 99999999999999999999999]], 'videoID', '1', 'overwrite-pre-description', 'overwrite-link-string', 'overwrite-link-url' ] ]
    Add your ideas and help make it happen. Join the conversation.
    Should Bill and Donna take on more risk to boost their business?
    How Josh's comment on a Remake America video laid the groundwork for something bigger.