Friday, June 07, 2013 4:52 PM
The House is fixated on Obama scandals rather than the economy.
One third of the committees are investigating rather than fixing.
Twp thirds of the jobs lost in the Great Recession paid middle class wages yet 22% created under Obama paid a mid-wage. Obama can talk when he said “ we know America thrives when every person
can find independence and pride in their work, when the wages of honest labor liberate families from the brink of hardship”.
He promised to address income inequality. When? How?
The gap between middle-class and wealthy has grown steadily since 1970s.
Income inequality is reducing the ability of Americans to climb from one class to another. “Permanent inequality”?
Between 1979 and 2007 the top 1% saw after-tax income grow by 275%, the next 19 % by 65%.
Eighteen percent for the bottom fifth.
No Republican has presented a populist message only stopped Obama's Americas Jobs Program which could have created/saved 4 million jobs.
We have a National Income of $14,000B yet this year will borrow $642B.
The and tax exemptions cost us over $1300B.
When will we awaken and pay our way and go to taxing wealth as in the past great growth years.
The jobs sent overseas will not return. Cheap labor equals big profits. Instead of a 20% mark up try an 80% mark up.