Things are rarely what they seem, and sometimes it takes a bit of digging to catch on. (a) Class Warfare Hurts the Poor and the Middle Class For blacks or Hispanics who voted for Obama in the belief that he’d improve their economic situation, their financial situation at the end of this year proves they made a mistake. For blue-collar Americans, and the middle class in general who voted for Obama believing he’d soak the rich, the end of the year makes obvious that they were soaked, not the putative target: According to Pew, [Research Center] which used data from the Federal Reserve's Survey of Consumer Finances, upper-income median net worth in 2013 was 6.6 times greater than the median net worth of middle-income families ($639,400 vs. $96,500). That's up from 4.5 in 2007, the last year before the recession hit, and higher than it was in 2010, when the Obama recovery was just getting started. Pew also found that, prior to Obama, the biggest...(Read Full Article)