A Quote by Stephen Moore
The rich did well under Obama's policies; it was the working class that got creamed. This was because the economy just wouldn't grow as it usually does.
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The fruits of the economy and all the advantages of technology and globalization have gone far more to the investor class and the professional class and not as much to the working class. Partly because of the loss of labor unions, partly because of things like a lack of antitrust enforcement, policies that have privileged shareholder returns.
Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class.
We're going to have to invest in the American people again, in tax cuts for the middle class, in health care for all Americans, and college for every young person who wants to go. In businesses that can create the new energy economy of the future. In policies that will lift wages and will grow our middle class. These are the policies I have fought for my entire career.
It is the policies of the Obama Administration that has led to a stagnated economy as well as high unemployment, as well as many of the other issues that we face.
Barack Obama destroyed the middle class. Whatever you want to say about his rhetoric, the rich got richer, but the poor got poorer, and the middle class got wiped out. That's really what Trump appealed to and inspired in the forgotten man.
In five days, you can turn the page on policies that put greed and irresponsibility on Wall Street before the hard work and sacrifice of folks on Main Street. In five days, you can choose policies that invest in our middle class, and create new jobs, and grow this economy, so that everyone has a chance to succeed, not just the CEO, but the secretary and janitor, not just the factory owner, but the men and women on the factory floor.
I mean, the people who got us into these crises - whether we're talking about the bankers or the hedge fund managers, or we're talking about the IMF - it's become pretty clear that the price to be paid for their illegal financial shenanigans, the burden is being placed on working class people, on the poor, on the elderly, on young people. It's become clear that neoliberal policies aren't just interested in "solving" an economic crisis, these are policies designed to enrich corporations and bankers and the rich at the expense of everybody else.
I got kids that are growing up in a Donald Trump world because we screwed up because we haven't been able to craft a message and push policies that connect with working class people.
Misguided economic and tax policies have hampered growth, allowing the rich to become richer while turning the middle class into the working poor.
Look at the [Bill] Clinton Administration and now the [Barack] Obama administration more recently. What we believe is that we implement policies that help people reach the middle class which is the cornerstone of our economy.
In the 'Garnethill' trilogy, people always forget that Maureen O'Donnell's dad was a journalist and she did art history at uni and her brother did law, but no-one ever thinks they're middle-class - they're just working class because they speak with accents.
Well obviously the economy is critical to everything we do and we need to get the economy back in shape, the deficit down, the debt paid off, so that the economy can grow again and grow properly.
When you grow up middle class, you just always feel like you've got to be working, or you won't be able to pay the bills.
Cory Booker became a millionaire because this is how the economy works for people of his class: Rich people give other rich people money to do nothing, simply because they 'deserve' it.
I hear this all the time: 'Obama's policies aren't working.' He hasn't been allowed to put his policies into place.
There has been plenty to criticize about President Obama’s handling of the economy. Yet the overriding story of the past few years is not Mr. Obama’s mistakes but the scorched-earth opposition of Republicans, who have done everything they can to get in his way - and who now, having blocked the president’s policies, hope to win the White House by claiming that his policies have failed.
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