The rich pay more than their fair share

President Obama has determined that his path to retaining power amid dismal economic news is to portray himself as being in the trenches with the middle class while Mitt Romney leads the charge on behalf of the rich.

With 12.7 million Americans unemployed and 8.2 million employed only part-time because they cannot find full-time work, Obama can’t make a credible case that Americans with lower incomes have prospered during his presidency. So he’s settled on the argument that if he’s re-elected, he’ll make the rich pay higher taxes to reduce deficits, prevent cuts to Medicare and finance more economic stimulus.