President Obama and the left won a seemingly monumental victory last week, when the Supreme Court ruled in favor of upholding the Affordable Care Act. Although Democrats have been celebrating the health care reform law's continued survival, the SCOTUS ruling may in fact spell trouble for the president's re-election campaign among independents and the middle class.
Polls conducted over the weekend by Rasmussen Reports show that 52% of Americans favor repealing Obamacare, and 49% believe the law is bad for the country. Half of all independent voters favor repeal, and while the lowest-earning demographic opposes repeal by 47%, a whopping 67% of folks in the middle class (earning between $40 and $60k per year) favor repealing the law.
The Obama campaign cannot be jumping for joy over numbers like this. It seems the public opinion is anything but in line with the Supreme Court. Call it a penalty or a tax, a majority of American's do not approve of Obamacare. Rather than bolstering the president's campaign, the SCOTUS ruling appears to have lit a fire under voters on the right, and thoroughly rebuffed independents. And conservatives are putting their money where their mouth is. ABC reports that Republican presidential candidate Mitt Romney raised over $4 million in donations in the 24 hours after the health care ruling.
Could the SCOTUS ruling be the death knell of President Obama's second term? With the middle class expected to shoulder an estimated 75% of the Obamacare tax burden, it could happen.