A gradually improving economy—and plunging gas prices--have finally brought President Obama a modest boost in his long-depressed job-approval rating. But the voters who are least impressed with Obama are the middle-income Americans every politician needs to succeed—and the very people whose interests Obama claims to be fighting for.

The latest poll numbers from Gallup put Obama’s approval rating at 46%, the highest reading since the summer of 2013. But there are telling disparities among income groups that help explain why Obama’s Democratic party lost control of both houses of Congress during the last two midterm elections, and why Obama may be able to accomplish little during his last two years in office.

One of the emerging ironies of the Obama presidency, in fact, is the sagging fortunes of the American middle class while those on either end — rich and poor alike — have arguably fared better under Obama. The poor have been direct beneficiaries of many Obama programs — most notably, Obamacare—while the rich have benefited from a roaring stock market that has helped restore all the wealth lost during the 2008 financial meltdown, and then some. Middle earners, however, still face soaring costs for healthcare and education, while incomes have stagnated and many are sliding sideways or drifting backward.

It’s no surprise, then, that Obama is most popular with the lowest earners, with an approval rating of 52% among people earning less than $2,000 per month. That’s the highest approval rating of four income brackets. Obama’s lowest marks come not from the wealthy, as conventional wisdom might suggest, but from middle earners with incomes between $5,000 and $7,499 per month, who only give Obama a 44% approval rating.

A breakdown of the numbers since 2009 shows that the president has enjoyed higher support among low earners than among middle earners for all but four weeks of his presidency, as this chart illustrates:

Obama Job Approval Rating 2009 - 2015 More

There's obviously nothing wrong with helping the underprivileged, as Obama has. But since low-income workers are least likely to vote, Obama’s strongest constituency is a group with minimal political power or ability to support the president’s agenda. Many middle earners who do vote, meanwhile, feel (legitimately or not) that Obama has shifted resources from the middle to the lower class, in a zero-sum game with one loser for every winner.

That's unfair to Obama, who has backed many middle-class priorities, such as better schools, ongoing jobs programs, affordable health care, elaborate consumer protections and cheaper college tuition. Obama will no doubt tout his middle-class agenda during the upcoming State of the Union address. Yet most of his proposals have been mere talking points, with Congressional Republicans blocking many of Obama’s plans. The things Obama has been able to accomplish, meanwhile, tend to benefit lower earners most of all, while those in the middle feel little or no relief. Here are four reasons Obama has lost the confidence of middle-class voters.

Obamacare doesn’t help those in the middle. Obama’s signature legislative accomplishment, the Affordable Care Act, provides generous subsidies to low earners, but aid levels decline as incomes rise and phase out altogether around income levels of $47,000 for an individual and $95,000 for a four-person family. The law does virtually nothing to lower healthcare costs for people who don’t qualify for subsidies.



Meanwhile, the cost of medical care and prescription drugs has risen about 5% per year under Obama, as wages have grown by less than 2%. The cost of health insurance has risen by less than 2% annually during Obama's six years, but that’s partly because deductibles, co-payments and other out-of-pocket expenses have soared . Obama pursued a noble goal by seeking to make health care coverage available to more people—but he hasn’t done anything, really, to help families above the Obamacare subsidy levels finance medical care.



