President Obama is a lame duck. His party just got tossed out of the Senate, relegating his political capital to basically 0. In the wake of this, he's decided to take maybe the most important economic issue of the next 20 years and politicize it.
Neither the red team nor the blue team could say they owned this issue, but one of the most divisive voices in politics just stuck the blue flag in it - at a time when he has less influence over policy than any other time in his presidency.
I would have preferred him to just keep his mouth shut.