A Quote by Barack Obama

What drags down our entire economy is when there's an ever-widening chasm between the ultra-rich and everybody else. — © Barack Obama
What drags down our entire economy is when there's an ever-widening chasm between the ultra-rich and everybody else.
Anything that drags down the American economy drags the Canadian economy down with it.
The great question for our time is, how to make sure that the continuing scientific revolution brings benefits to everybody rather than widening the gap between rich and poor. To lift up poor countries, and poor people in rich countries, from poverty, to give them a chance of a decent life, technology is not enough. Technology must be guided and driven by ethics if it is to do more than provide new toys for the rich.
The gap between rich and poor is, in fact, widening enormously. This idea of building up the powers of people who are already powerful and keeping everyone else back is a recipe for endless misery and conflict.
Is this something else our age does - on the one hand make communication easier than ever before, while on the other hand widening the gulf between those who are 'developed' and those who are not?
The Obama economy is great for rich people. It's terrible for everybody else.
Equality is not possible. The pursuit of equality, however, people really love that. For some reason, people attach the most wonderful of motives to people who say they see all this inequality out there and need to fix it. It's just not fair. You'll hear it manifest itself in discussions about the so-called widening gap between the rich and the poor or the widening gap between men and women. It's like actually two twin beds.
The gap between the rich and poor is widening fast.
The rules of the global economy are rigged against those who have to work to earn a living and in favour of multinational corporations and the ultra-rich.
BRAZILIFICATION:The widening gulf between the rich and the poor and the accompanying disappearance of the middle classes.
The wealthy class often looks down on the poor as "those people." And deprived people view the rich as cold and heartless. The way to break down the barrier between the rich and poor is to asociate with each other and to help one another. Make a connection. If you can break down the barrier, it may pave the way to recovery for some person, a family, maybe an entire community.
The chasm between rich and poor is becoming larger, and I think it's interesting terrain to talk about and expose.
In relations between the rich and the strong, between the rich and the poor, between the master and the servant, it's liberty that grinds down, and the law which liberates.
When we run these big trade deficits and send our jobs offshore, we hold our wages down and our income down. That feeds right back into the biggest part of this whole equation, consumption. This drags GDP down as well.
Not everybody here is rich. Not everybody here is independently wealthy. Not everybody here is free from any kind of economic concern. We run the gamut here, too. It's the opportunity to escape that that exists here, for very specific reasons. But it's not because the US is where it is. It's not because our DNA is different than anybody else's. It's because of the way we have structured our affairs, our government.
All social rules and all relations between individuals are eroded by a cash economy, avarice drags Pluto himself out of the bowels of the earth.
How well I have learned that there is no fence to sit on between heaven and hell. There is a deep, wide gulf, a chasm, and in that chasm is no place for any man.
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