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Barack Obama

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Number23

(24,544 posts)
Sun Apr 14, 2013, 09:10 PM Apr 2013

'A Budget Focus on Inequality' [View all]

'A Budget Focus on Inequality'
http://economix.blogs.nytimes.com/2013/04/10/a-budget-focus-on-inequality/

"The Obama budget proposal released Wednesday, like other White House budgets before it, also emphasizes the problem of inequality and the failure of the American economy to promote a thriving middle class.

The budget includes several proposals to tackle inequality and wage stagnation."

"...So far, the Obama administration has tackled the issue of inequality in two major ways. It has raised taxes on the wealthy, and it has expanded programs to aid lower-income Americans."

Folks, the body of evidence that the "hair on fire brigade" may not have all of the facts on this is growing. See my previous post from a liberal economist who comes to very similar conclusions as this NY Times economist, http://www.democraticunderground.com/11028797

as well as Prosense's excellent OP in GD http://www.democraticunderground.com/10022670043

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