Is Barack Obama Really Make Income Inequality a Main Topic at SOTU Address When it Has Increased Under his Presidency? Income Gap Widened Under Obama
Like everything Barack Obama has touched or claims he wants to make better, has become worse under his presidency …
The Divider in Chief Barack Obama is back to his old games of blaming the rich for the evils of society. What else is Obama going to do when he is an abject failure who has only made matters worse since he has been in office? Obama rails about income inequality and that it is the worse problem of out time, yet he is responsible for making the gap wider. From the president who makes class warfare part of his daily agenda and who claims he is for the common man, while demonizing the rich, Barack Obama has widened the income gap during his presidency turning the gap into a canyon.
Click on pic to watch VIDEO of the income gap under Obama
Income inequality — the gap between the rich and poor — is an issue U.S. presidents of both parties have spoken of for years.
President Clinton touted, toward the end of his term, that wages were rising “at all income levels” for the first time in decades. President George W. Bush, toward the end of his, pondered the best way to respond to income inequality, noting some policies “lift people up” and some “tear others down.”
But perhaps no president has hammered the issue as emphatically as President Obama.
In his 2012 State of the Union address, Obama said: “The defining issue of our time is how to keep that promise alive. No challenge is more urgent. No debate is more important. We can either settle for a country where a shrinking number of people do really well, while a growing number of Americans barely get by, or we can restore an economy where everyone gets a fair shot, and everyone does their fair share, and everyone plays by the same set of rules.”
But a look back shows that income inequality has grown, not shrunk, under the current president.
“All told, income inequality has tended to get worse under President Obama,” American Enterprise Institute President Arthur Brooks said.
According to a recent FOX News poll, Barack Obama polls miserably on doing his job on the issue of income inequality. 52% disapprove with how Obama has handled income inequality and only 39% approve. So with Obama failing at an issue he claims to care about, how does he even have the audacity to bring the issue up at the State of the Union Address? Obama’s economic policies have made things worse for those lower income earners, while he has made the Wall Street fat cats richer. Hmm, but I thought Obama hated the rich? Obama has falsely propped up the stock markets thanks to the fed’s quantitative easing which only made the top 5% and 1% more and more money. It is those folks who can afford to take risks in the markets. However, for the average people who Obama claims to care about and tries to talk a good game, according to the recent Fox poll, 74% still feel like the country is in a recession. But don’t worry America, Obama has the answer to fixing income inequality … raising the minimum wage. Good grief, really! With so many people unemployed or underemployed, with so many Americans on food stamps and with so many people having just given up and not even in the labor force, why wouldn’t the gap be larger? When a Democrat party sets out to create a government dependent class of people, why is it that much of a surprise that the gap widens? Recessions affect the middle and lower classes the most.
Using tax-return data from the IRS, Saez has built extensive income-distribution datasets going back 100 years. He defines “income” as pre-tax cash market income — wages and salaries; dividends, interest, rent and other returns on invested capital; business profits; and realized capital gains. He excludes Social Security payments, unemployment benefits and other government transfer payments, which are more substantial today than before the Great Depression.
In 1928, the top 1% of families received 23.9% of all pretax income, while the bottom 90% received 50.7%. But the Depression and World War II dramatically reshaped the nation’s income distribution: By 1944 the top 1%’s share was down to 11.3%, while the bottom 90% were receiving 67.5%, levels that would remain more or less constant for the next three decades.
But starting in the mid- to late 1970s, the uppermost tier’s income share began rising dramatically, while that of the bottom 90% started to fall. The top 1% took heavy hits from the dot-com crash and the Great Recession but recovered fairly quickly: Saez’s preliminary estimates for 2012 (which will be updated next month) have that group receiving nearly 22.5% of all pretax income, while the bottom 90%’s share is below 50% for the first time ever (49.6%, to be precise).
Let Them Eat Cake, But they are for the middle class …
As most Americans struggle to find full time employment, wonder how they are going to afford healthcare coverage after losing their insurance they they liked thanks to Obamacare, worry about becoming part of or being apart of the record number of Americans on food stamps or wonder why the federal debt is at $17.3 trillion and counting … The Obama’s and Biden’s manage to take some pricey weekend vacations on the tax payer’s dime. According to the Washington Examiner, via Judicial Watch, three separate jaunts taken by President Obama, first lady Michelle Obama, and Vice President Joe Biden during last year’s Presidents Day weekend cost at least $295,437.
Just more SACRIFICE and skin in the game from King & Queen Obama, and their court jester, Biden.
Presidents Day seems to have no equal when when it comes to how the occupants of the White House and vice president’s residence vacation.
According to new records obtained by the taxpayer watchdog group Judicial Watch, three separate jaunts taken by President Obama, first lady Michelle Obama, and Vice President Joe Biden during last year’s Presidents Day weekend cost at least $295,437.
And that’s mostly just for security, not Air Force One or other official costs.
The records were obtained from the U.S. Secret Service and details some of the “security and/or other services” of Obama’s mid-February 2013 golf trip to West Palm Beach, Fla., the annual Aspen, Colo. ski trip taken by the first lady and her daughters, and the Biden family trip, also to Aspen.
According to Judicial Watch, the president’s trip cost the Secret Service $98,135.79, including $32,406.50 for the flights, $16,466.25 for rental cars, and $48,490 for hotel rooms.
The first lady’s trip totaled $81,523.64, including $13,221.30 in flights, $3,925 in rental cars, and $64,377.34 in lodging.
And the Biden ski weekend cost $115,777.61, including $5,315 in flights, $92,596 in accommodations, and $17,866.61 in rental cars.
However, the sad reality is that it might be cheaper and better for America if we just paid them to be on vacation for the rest of Obama’s second term in office.
Posted January 24, 2014 by Scared Monkeys
America - United States, Barack Obama, class warfare, Divider in Chief, Economy, Epic Fail, Federal Deficits, Food Stamp President, Michelle Obama, Misleader, National Debt, Obamanation, Obamanomics, Tyranny, United States, Wasteful Spending, We the People, WTF | 5 comments
Former Alaska governor and GOP Vice Presidential candidate Sarah Palin took the opportunity today to ask President Barack Obama to honor Martin Luther King Jr. by ending the racial divide and stop playing the race card. Some how I do not see that in the cards. Barack Obama, the community agitator is that for a reason and they don’t call him the Divider in Chief for nothing. Not play the race card, what do you expect Obama to do, tell the truth?
Former Republican vice presidential candidate Sarah Palin seized Martin Luther King Day as an opportunity to lob vague criticism at President Barack Obama.
“Mr. President, in honor of Martin Luther King, Jr. and all who commit to ending any racial divide, no more playing the race card,” Palin wrote Monday on her Facebook page, after quoting from the civil rights icon’s famous “I Have A Dream” speech.
Obama said in an extensive New Yorker profile published this weekend that he believes “there’s no doubt that there’s some folks who just really dislike me because they don’t like the idea of a black President.”
Barack Obama, the Divider in Chief: Obama Blames Racism Rather than Poor Job Performance For His Lower Approval Ratings
Once again Barack Obama cries racism instead of taking responsibility for his poor job performance … Obama plays the race card yet again.
In an interview with The New Yorker, Barack Obama blamed racism for his falling job approval and popularity numbers. Racial tensions is the reason why his popularity among white voters has waned within the past two years, are you kidding me? Sorry, but this man is a despicable human being and a poor excuse for a president who would continually try to divide a country between races and blame racism for his poor job as president. Disgusting!!! Obama thrives off of using the race card. This is why you never elect a community agitator as president.
Of course Obama could not look at the obvious to determine why his popularity among white voters has fallen in the past couple of years. Certainly it has nothing to do with the on going disastrous economy and Obama’s failure to create jobs. Also, it has nothing to do with Obama’s lies to the American people regarding Obamacare and that you could keep your insurance plan, if you liked it. It has nothing to do with other scandals like IRS-gate, Benghazi-gate and NSA-gate, where Americans no longer consider Obama trustworthy. And of course his failure in foreign policy has nothing to do with it either.
A note Barack Obama, when one is given the benefit of the doubt and then fails miserably on all aspects of their job, including their signature piece of legislation, you are deemed a failure and lose the support of the people.
President Barack Obama said that racial tensions may have softened his popularity among white voters within the last two years, according to a story posted on the New Yorker magazine’s website today.
“There’s no doubt that there’s some folks who just really dislike me because they don’t like the idea of a black president,” Obama said in the article by David Remnick, appearing in the magazine’s Jan. 27 edition.
“Now, the flip side of it is there are some black folks and maybe some white folks who really like me and give me the benefit of the doubt precisely because I’m a black president,” Obama said in his most direct comments on how race has affected his political standing since he’s been in office.
By the way, it is not just white voters where Obama has fallen badly in the polls. Barack Obama is down 23 points with Hispanics as well. Is that racism too? So are all of the following from the chart below racist too … they all have lower Obama approval numbers than 2012, including Blacks, Hispanics, Non-whites, women, men, Independents, moderate Democrats … pretty much everyone.
Chart from Gallup.com
Barack Obama Weekly Address: The Imperial Sith Lord Obama Says, “Where Congress Isn’t Acting, I’ll Act on My Own”
Barack Obama’s Weekly Address, BLAH, BLAH, BLAH, LIE, LIE, LIE …
As if President Barack Obama has not done enough damage to the economy and the country, Obama is now doubling down and going try and finish the job of destroying America. Obama claims that 2014 is going to be a year of action and during his Weekly Address that he will move forward and act alone without Congress on certain issues if he can’t gain the legislative body’s cooperation. His exact words were, “I want to work with Congress on proven ways to create jobs.” Work with Congress, since when? Proven ways, like what … increasing the minimum wage, Obamacare, extending unemployment, amnesty for illegals and raising taxes? All are proven ways to reduce jobs and create a further government dependent class. This rhetoric is coming off his earlier comments this week, that he has a pen. This is not leadership, it’s authoritarianism and Unconstitutional.
This lying clown has been promising jobs for 5+ years and all his policies have provided us is extended long term unemployment, record number of Americans on food stamps and record low job participation rates.
So the Sith Lord says he is going to act alone and act without Congress. Take a good look at what Obama considers his signature piece of legislation. Obamacare was passed with no GOP support and he had to beg and make sweetheart deals like the Corn Husker kickback and the Louisiana Purchase to bribe Democrats into supporting it for passage. Just curious, how is Obamacare working out for America? Do you honestly want this man f’ing up immigration and the rest of the economy?
However, it is not the GOP that Obama needs to worry about in 2014, it is his own Democrat party. With Barack Obama’s job approval ratings barely in the 40′s and with Obamacare a continuing nightmare for Americans, Obama is not a wounded lame duck president, he is a toxic one. What Democrat is going to want to sign on to any unpopular Obama idea and if Obama plays the “executive order” card to bypass Congress, he will further destroy the Democrats in the 2014 midterms.
Politifacts 2013 LIE OF THE YEAR … Barack Obama on Obamacare: “If You Like Your Health Care Plan, You Can Keep It” … #YouLie
It’s Official, Obama is the Lying King: Congratulations President Barack Obama, you have just won your most deserved award since you have been president, ‘Lie of the Year,’ as opposed to a Nobel Peace prize.
It not only may be the lie of the year, it might be the lie of the decade and be remembered as one of the top lies of the century. The Washington Post Politifacts has named its 2013 Lie of the Year and the winner is Barack Obama and “If You Like Your Health Care Plan, You Can Keep It”. I think there are 5 million + individuals who have lost their healthcare coverage thanks to Obamacare who would agree. And most likely 40-50 million more who will do the same when the employer mandate of Obamacare kicks in.
So many lies, so many to choose from when it comes to the least transparent president in history and one who may have perpetrated one of the greatest frauds on the American people, ever.
It was a catchy political pitch and a chance to calm nerves about his dramatic and complicated plan to bring historic change to America’s health insurance system.
“If you like your health care plan, you can keep it,” President Barack Obama said — many times — of his landmark new law.
But the promise was impossible to keep.
So this fall, as cancellation letters were going out to approximately 4 million Americans, the public realized Obama’s breezy assurances were wrong.
Boiling down the complicated health care law to a soundbite proved treacherous, even for its promoter-in-chief. Obama and his team made matters worse, suggesting they had been misunderstood all along. The stunning political uproar led to this: a rare presidential apology.
For all of these reasons, PolitiFact has named “If you like your health care plan, you can keep it,” the Lie of the Year for 2013. Readers in a separate online poll overwhelmingly agreed with the choice. (PolitiFact first announced its selection on CNN’s The Lead with Jake Tapper.)
For four of the past five years, PolitiFact’s Lie of the Year has revolved around the health care law, which has been subject to more erroneous attacks than any other piece of legislation PolitiFact has fact-checked.
And even after it is obvious that Obama lied, Weasel Zippersopines, there are many on the LEFT that still insist Obama did not lie.
Even Liberal Democrat Howard Dean Asks, “I Wonder If Obama Has the ‘Legal Authority to Do This’ Regarding Obama’s Fix (VIDEO)
Folks, even Howard Dean can see this is tyranny …
Following Barack Obama’s speech where he proposed a “keep your plan” fix for Obamacare, former Vermont Governor, DNC Chair and Democrat presidential candidate Howard Dean pondered while on MSNBC whether Emperor Obama had the legal authority to even propose such a “FIX” as the law had been passed by Congress. Hmm, many Conservatives are asking the same question regarding Obama’s actions. Wow, does that make Dean a racist?
“I wonder if he has the legal authority to do this, since this was a congressional bill that set this up?”
So what is it with Barack Obama? Does he think because it is called Obamacare that he has the legal authority to change any part of the law he feels by executive fiat? Imagine if a Republican did that with abortion? When Republicans confront Obamacare, they are constantly told that it is the law of the land. Really? If it is, then how come Barack Obama thinks he can just change it himself? Maybe the real probalem with Obama is that he was too busy reading the Communist Manifesto as a youth instead of watching School House Rock and “I’m Just a Bill”.
More Executive Orders from The Imperial President Obama Creating “Council on Climate Preparedness and Resilience” to Implement “Climate Change” Agenda
WAKE UP AMERICA, STOP THE TYRANNY!!! Barack Obama, the Imperial president is at it again with his global warming, oh sorry, “climate change” agenda …
The Halloween season, but nothing should be more scary to Americans that Barack Obama and his liberal, socialist agenda. It would appear that the imperial president is at it again, as The Daily Caller reports, on Friday issued an executive order titled “Preparing the United States for the Impacts of Climate Change.” Obama knows that nothing like this would ever pass through Congress, so instead the Obamamessiah looks to devastate, regulate and control the economy even more through executive fiat. As if Obama has not done enough to destroy jobs, put record number of people on food stamps, destroy the coal industry, devastate the economy with Obamacare and now this? He will not be happy until he turns the United States on its head into something that you do not even recognize.
This is what you get from a community agitator, an individual that says the hell with the US Constitution and looks to just force his agenda without consent of the will of the people. Folks, this is what tyranny looks like. Obama is proving to be nothing more than a menace.
Brought to you by the president who delivered “cash for clunkers,” the “billion dollar “stimulus” plan, promises of a job recovery and Obamacare that has caused more Americans to lose their insurance than enroll in it.
President Barack Obama has given the nation a new “Council on Climate Preparedness and Resilience” that expands government bureaucrats’ role in how Americans use their lands, energy, waters and property.
Obama announced the executive order Friday, the day after Halloween.
The order is titled “Preparing the United States for the Impacts of Climate Change.”
The new order was issued even though recent scientific data have contradicted claims that use of carbon energy — such as gasoline — will drive up the world’s temperature and induce damaging climate change. Average temperatures have leveled for more than a decade, despite the sharply rising use of carbon energy in China and other countries.
U.S. use of carbon energy has stabilized with increasing market-driven efficiency and tightening regulations. (Read Full story)
Just curious Barack, how is it possible that the Earth has gone through a myriad of climate changes, both cooling and warming, before man ever had any type of impact on the environment?
This is just another federal government grab … when will Americans ever take back their liberty and freedom on which this country was founded?
CNBC’s Maria Bartiromo Says ObamaCare Forcing America to Become a Part-Time Employment Country as Businesses Shift to Part-Time Workers
The heck with the Obamacare website glitches, Obamacare has much worse consequences on America and Americans … Obamacare is a full-time job killer.
CNBC’s Maria Bartiromo said on ‘Meet the Press’ on Sunday that “ObamaCare is forcing businesses to shift to part-time workers.” She went on to say that America was “becoming something of a part-time employment country.” However, no one in the MSM wants to address the fact that Obama’s signature piece of legislation is causing American workers to lose their full-time jobs. Isn’t that special, in order for a small minority of people to have access to insurance, all Americans are forced to buy insurance or else pay a tax, and workers are losing money in their pay checks as businesses shift to a part-time work model. Thanks Barack Obama.
Intentional or irony … Obama’s signature piece of legislation kills FT jobs and affects the middle class, the very people he claims to be for? Is it any wonder why Obama is the worst jobs president in modern times.
Maria Bartiromo is sadly100% correct. Check out Zero Hedge, where of the 953,000 jobs created in 2013, 77%, or 731,000 are part-time ones. Many businesses are are now only hiring PT employees in order to avoid Obamacare or are shifting those that were full-time to part-time. Who didn’t see that coming?
Hmm, I guess Barack Obama must have missed the civics class that discussed the three branches of government and that the legislative branch consisted of the US Senate and House of Representatives.
From the Divider in Chief … Yesterday, the imperial president lectured Americans and the GOP stating, “Win an election” if you want change. Really? Talk about your double standards. Like Democrats have never pushed for change and their agenda with a GOP president. Is President Obama unaware that the GOP actually does have control of the House of Representatives? Last time I remembered there was a system of checks and balances withing our Republic to prevent exactly what Obama is espousing. Some one might also want to ask Emperor Obama if the same will be true in the future when the GOP has control of government? Is he saying that the minority party in office has no voice? Hey Barack, remember this little document called the US Constitution? Seriously, this guy is dangerous. This is what tyranny looks like America.
President Barack Obama challenged the GOP to end political brinkmanship and said Republicans should “win an election” if they so badly wish to change his policies.
In his first extended remarks since the government reopened, Obama said that the public has grown “fed up” with its government and urged lawmakers to move past the conflict of the past few weeks.
“To all my friends in Congress, understand that how business is done in this town has to change,” he said.
“You don’t like a particular policy or a particular president? Then argue for your position. Go out there and win an election,” The president said. “But don’t break it.
A note to Democrats, be very careful what you ask for or what your Obamamessiah says as you may be on the other end of the stick in the not too distant future and his words are going to come back and haunt you.