Emmanuel Saez, a professor at the University of California, Berkeley, memorably found that the average income of the top 1 percent grew by 11.2 percent in real terms since 2009. The bottom 99 percent saw their incomes decrease by 0.4 percent.Read more here.
...Moreover, it’s not like most of the workers who would be imported under the president’s preferred immigration will compete with CEOs. He supported the Wall Street bailout.
Pharmaceutical companies pushed for Obamacare, which the health care law subsidizes along with insurance companies. It’s becoming a talking point on the left that Obama has prosecuted fewer financial crimes than Reagan or either Bush.
This blog is looking for wisdom, to have and to share. It is also looking for other rare character traits like good humor, courage, and honor. It is not an easy road, because all of us fall short. But God is love, forgiveness and grace. Those who believe in Him and repent of their sins have the promise of His Holy Spirit to guide us and show us the Way.
Wednesday, April 22, 2015
Income inequality has gotten much worse under Obama
Income inequality. Did you know that it has gotten worse in the US under Obama? W. James Antle III writes at Daily Caller,
Labels:
income inequality,
Obama
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