For this November's elections, the Democrats have portrayed themselves as the party of the middle class. With the Bush-era tax cuts scheduled to expire on December 31, the key was to extend them for incomes under $250,000, while allowing taxes to rise for the richest Americans. But last week that strategy came to an end, when Democratic leaders said they'd postpone a Congressional vote until the elections were over.
Barack Obama, the Democrats and the Middle Class
Joshua Green - Bloomberg BusinessWeek; author of “Devil's Bargain: Steve Bannon, Donald Trump, and the Storming of the Presidency.” - @JoshuaGreen, Robert Scheer - Host, 'Scheer Intelligence' - @Robert_Scheer, Dan Ariely - Duke University, Mark McKinnon - No Labels - @mmckinnon