Free Republic

Worst. President. Ever. We can now safely say that Obama is the worst jobs president since the Great Depression. We can also safely say that the Obama-Pelosi Keynsian Economic Plan is one of the worst economic disasters in US history. The Foundry reported: By every objective measure, President Barack Obama’s economic stimulus package has been a complete failure. When President Obama was selling his stimulus plan to the American people, he promised it would save or create 3.5 million jobs by the end of 2010. At the time, employment stood at about 134.3 million, according to the Labor Department’s most...

Sen. Max Baucus (D): "Too often, much of late, the last couple three years the mal-distribution of income in America is gone up way too much, the wealthy are getting way, way too wealthy, and the middle income class is left behind. Wages have not kept up with increased income of the highest income in America. This legislation will have the effect of addressing that mal-distribution of income in America."

Why it is hard to share the wealth * 09:15 12 March 2005 * Exclusive from New Scientist Print Edition * Jenny Hogan Enlarge image The rich are getting richer while the poor remain poor. If you doubt it, ponder these numbers from the US, a country widely considered meritocratic, where talent and hard work are thought to be enough to propel anyone through the ranks of the rich. In 1979, the top 1% of the US population earned, on average, 33.1 times as much as the lowest 20%. In 2000, this multiplier had grown to 88.5. If inequality is...