[vc_row][vc_column][vc_column_text]Barack Obama has, throughout his presidency, worked to divide Americans along ethnic, gender, and socio-economic lines. Using a Marxist based philosophy, he has pushed the notion of wealth redistribution in order to address ‘income inequality.’ In the process, he has advocated for what he calls ‘middle class economics.’ He has done so while his supporters push for an increased minimum wage, with some calling for an increase as high as $15 an hour, even though real world examples have demonstrated the negative impact such an increase has on jobs. Now, a former Chief of Staff to Obama, Bill Daley, makes an admission that proves critics of Obama’s economic policies to be correct and Obama to be a liar.[/vc_column_text][banner300 banner=”5517620b381df”][vc_column_text]During an appearance on CNBC’s Squawk Box, Daley admitted that Obama’s economic policies have not helped most Americans. In fact, he agreed that, for the most part, those who are wealthy and own the assets have benefited from Obama’s supposed ‘middle class economics.’ In addition, Daley said for Hillary to position herself in her candidacy as a third term of Obama would be a mistake. In an even more damning criticism of his former boss, Daley said that Obama’s economic policies have only benefited a small slice of the country, essentially admitting that Obama’s middle-class economics has failed.
h/t Washington Free Beacon[/vc_column_text][/vc_column][/vc_row]