This is bad…
He’s even losing the hopey-changers.
A suffering former law student and hopey-changer asked Obama today at his town hall: “Is the American Dream dead?”
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For weeks, Obama has been engaging in what some might call a bit of class warfare as he’s pushed for rolling back the Bush tax cuts for upper-income earners and leaving the middle-class breaks in place. This hasn’t set too well with big business. Nor have the sweeping financial regulations that Obama signed into law, which stripped some power from Wall Street and increased Washington’s oversight.
Monday’s town hall meeting started off on a sour note when the first questioner from the audience, a woman who said she voted for him, said she is “deeply disappointed with where I am now.”
“My husband and I thought we were beyond the hot dog and beans of our lives. … Is this my new reality?” she asked.
“I understand your frustration,” Obama said. He defended his administration’s efforts to help the middle class, listing achievements such as better protection for mortgage loans and health insurance for those with preexisting conditions.
But the hits continued.
A representative from the business community, Kenneth Langone, a co-founder of Home Depot, asked via a video feed for an explanation of what he sees as the administration’s anti-business stance.
Then a 30-year-old law school graduate said he’s no longer able to make the interest payments on his educational loans, much less able to have a mortgage or a family. He said he had been inspired by Obama’s campaign. But now, “that inspiration is dying away,” he said. “I really want to know: Is the American dream dead?”