“Our levels of income inequality rank near countries like Jamaica and Argentina…the idea that so many children are born into poverty in the wealthiest nation o earth is heartbreaking…the combined trends of increase inequality and decreasing mobility pose a fundamental threat to the American Dream, our way of life, and what we stand for around the globe”—OBAMA 12/4/13
“When obama leaves the white house on 1/20/2017, he will write a memoir…publishers would pay between $17-20 million for the book. The most ever for a work of nonfiction and around $12 million for Michelle memoirs”—DAVID REMNICK-THE NEW YORKER 1/27/14
Obama is harping on “income inequality”. Again just after retuning form his $4 million Hawaii vacation—again. The Atlantic—“Washington DC area dominates the list of highest counties, claiming six of the top ten and 13 of the 30.
Investor Business Daily reports the nations wealthiest denizens live in the Washington suburb of Falls Church, Va. with $121,250 in median income. Contractors based in demo Rep. Jim Moran’s small district recently reaped $43 million in annual federal contracts—roughly as much as the entire state of Texas”.
RICH RICHER—the vast sums of cash chasing contractors, consultants, lobbyist, analysts, advisors, PR mavens, pundits, socialites, favor-curriers and donors is never mentioned in Demo speeches?? Dems own the 1%–Hollywood, silicon valley, wall street—all the industries they have cowed with threat of punitive government action.
Rewarded with rich government favors and beholden to Obama! “New Gilded Age”: It doesn’t seem possible that one out of 20 American families could each have made a million dollars since Obama became President, while the average American family net worth has barely recovered. Under socialism the powerful become rich. Marvin Olasky noted in World magazine: “in the past century inequality has grown wherever communist have ruled, since those in charge now combine economic with political power and have no check on their lust for more.”
POOR POORER: obama has “pivoted” to fixing the economy and fighting income inequality dozens of times over the last 5 years. In his second Inaugural in 2013, he pledged “collective action” on economic fairness”. And having played out the “War on Women” the dem party is turning to page one of the demo handbook, “America is unfair”. It’s a direct handoff of LBJ of 18/64.
The war of poverty in America…our chief weapon in a more pinpointed attack will be better schools and better health, and better homes and better training and better job opportunities. Very often a lack of jobs and money is not the cause of poverty but a symptom. Same themes that dems lobe to this day, the awfulness of this country, the misery, “our” failures, it’s the same folderol. Regan raised a point if we’re going to spend all this money on these “pinpointed attacks”, we need an accounting. Just a few months after Johnson declared war, Regan said this on 10/27/64. “If government planning and welfare had the answer—and they’ve had almost 30 years of it—shouldn’t we expect government to read the score to us once in a while? Shouldn’t they be telling us about the decline each year in the number of people needing help? But the reverse is true. Each year the need grows greater; the program grows greater. So now we declare “war of poverty”…do they honestly expect us to believe that poverty is suddenly going to disappear by magic?”
THE SCORE: in the 50 years the war on poverty has cost more than $20 trillion. In 1964, 36 million Americans lived in poverty; today it’s 47 million. The percentage of children living in poverty hasn’t budged. The root causes of poverty have not shrunk but expanded as family structure disintegrated and labor-force participation among men dropped. A large segment of the population is neo less capable of self-sufficiency than when the War began.
On 1/10 the labor participation rate dropped to anew 35 year low, hitting 62.8% the worst since Carter-era 1978 Americans not in the labor force grew by 535,000—to a new high of 91.8 million. A record 47 million American get food stamps, 13 million more than when Obama took office. Obama’s first term, “the number of people in poverty increased by approximately 6,667,000. The record total of approximately 46,496,000 people in the USA,. According the Census Bureau, in 2008 poverty represented 13.2% of the national population. In 2012 they represented 15%.
The demo party needs a permanent underclass. That’s their base. That’s who elects them; they need people who are in poverty to depend on government benefits provided they think democrats.
They’ve been running on this scam since FDR.
Sources-rush, heritage, Robert rector, wsj, cns news, census bureau, the new Yorker, david remnick, the atlantic, investors business daily,