Administration efforts to punish wealthy won't aid the nation's poor

by The Oklahoman Editorial Board Modified: September 29, 2012 at 1:07 am •  Published: October 1, 2012

Oklahoma has made out better with median household income remaining stable last year. In the Obama economy, treading water is a major achievement. Of course, Oklahoma's success is due in part to our support of oil and gas drilling, which creates middle-class jobs that draw scorn and opposition from the Obama administration.

In spite of healthy performance on unemployment and household income, Oklahoma's poverty rate has effectively remained the same. That statistic, decried by some, is actually a sign of health given rising poverty nationally. Those who are doing well in Oklahoma aren't doing so on the backs of the poor. In fact, their economic success creates job opportunities for the poor in the private sector and funds government safety net programs.

That's why Obama's efforts to punish the successful won't aid the poor and will ultimately perpetuate poverty.

When low-income citizens have friends like Obama, enemies become redundant.


by The Oklahoman Editorial Board
The Oklahoman Editorial Board consists of Gary Pierson, President and CEO of The Oklahoma Publishing Company; Christopher P. Reen, president and publisher of The Oklahoman; Kelly Dyer Fry, editor and vice president of news; Christy Gaylord...
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