Agreed. That is indeed what he is saying. Sadly, it is also very very true.
Yep. The Dan Balz book about the election pretty much confirms that that strains of class warfare out there were running hot and deep, and it was not very hard to exploit them to get Obama re-elected. People were willing to set aside any objective evaluations of his performance over that.
1400 pages of raw material from people who felt they were unfairly treated at work? America is really, really cheesed-off at its boss apparently. And under those conditions, laissez-faire capitalism becomes all but unsellable.