Income inequality
grows four times faster under Obama than Bush
The study noted that, in the aftermath of the Great
Depression, the US undertook policies “during the New Deal [that] permanently
reduced income concentration until the 1970s.” In contrast, the study noted a
striking absence of any measures to reign in social inequality in the present
crisis. Far from it, the Obama administrations’ bank bailouts, austerity
program and wage-cutting policies have vastly expanded the prevalence of social
inequality.
State of the Union: A bankrupt
ruling class talking to itself
30 January 2014
President Barack Obama’s State of the Union speech was a cynical
propaganda piece, filled with fraudulent claims and promises that no one, least
of all his audience at the US Capitol, believes in the slightest.
With Obama’s speech Tuesday night one had more than ever the
sense of the president as chief representative of the financial aristocracy
that rules America, speaking to a house filled with millionaire congress
members and bought-and-paid-for representatives of big business.
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