White House Plans for the Middle Class. Middle Grades

I would rate it as less than "middle grades" for the Middle Class.  The problem in America isn't that taxes are too high (they are low relative to the rest of the world), it is that incomes are too low.  American median income (unless you're in the top few percent) has been flat since about 1980, and has declined for lower income people.

We don't need tax cuts to make the middle class more affordable, we need higher incomes, more jobs.

I grade the tax-cuts-and-deficit-reduction plan a "D".

White House Plans for the Middle Class. Middle Grades. | OurFuture.org.

Mostly, the new initiatives don’t create jobs. Doubling the child tax credit, limiting student loan payments to ten percent of income, expanding tax credits to match retirement savings – they’re just relief. They are designed to help underpaid or unemployed people to cope when they don’t have enough money. They don’t create jobs or generate wealth. asdf

Rebuilding our infrastructure and offering public service jobs when the private sector fails, [Economic Policy Institute] estimates the plan will create over 4.6 million jobs in the first year, at a gross cost of roughly $400. The entire cost would be recouped within ten years by a financial transactions tax, which would take effect three years after enactment.

Open Left:: It's Official: Obama is an idiot .

After passing a stimulus that most economists (not just liberal ones) said was too small, and that was made even more inadequate by being heavily tilted toward poor-performing tax-cuts, Obama is now intentionally recreating FDR's mistake of 1937, when he prematurely cut back spending to try to balance the budget, and sent the country into a new recession.