Many “rich” people and corporations will defend themselves if they are smart adding to the misery's of those recently out of work and
those struggling. Charitable contributions both on corporate and personal levels will drop. Corporations will cap their contribution to employee health plans leaving the employee holding the bag. It will take time but the Obama voters will feel the pain.
Yes, they will feel the pain, but they won’t blame Obama for it. They have blindly accepted the “evil rich” doctrine. They will then clamor for Obama to “do something” and he will — he will seize various industries and put them under government control.