A Quote by Bill O'Reilly
The gap between rich and poor under President Obama is getting bigger because fewer well-paying jobs are available. Corporations are being taxed to the hilt and are loathe to add more workers. Thus, salaries fall because there are more than enough applicants to fill any job vacancy.
Related Quotes
At first it was the incomes of corporations, then of rich citizens, then of well-provided widows and opulent workers, and finally the wealth of housemaids and the tips of waitresses. This is all in line with the ability to pay doctrine. The poor, simply because there are more of them, have more ability to pay than the rich.
When a man tells you that he got rich through hard work, ask him whose. There's no evidence that more people with more skills would produce more jobs. There's a great deal of evidence that they produce more competition for the jobs that exist, and in turn, drive down the cost of labour. Nothing pleases a corporation more than having five people compete for the same job. Competitiveness means good times for machines, not workers, because our tax systems privilege machines over workers.A lost job can put a smile on any shareholder's face.
When fewer workers have unions, the standard of living falls for everyone and the gap between the rich and poor grows.
The rich are becoming richer, and the gap between the rich and the poor is getting bigger.
I think that the main issue with inequality is not the gap between the rich and the poor. It is the gap between the earnings of top business leaders and the salaries of academics and journalists.
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.
Any nation that expects to be ignorant and free," Jefferson said, "expects what never was and never will be." And if the gap between the educated and the uneducated in America continues to grow as it is in our time, as fast as or faster than the gap between the rich and the poor, the gap between the educated and the uneducated is going to be of greater consequence and the more serious threat to our way of life. We must not, by any means, misunderstand that.
In Finland, where 80 percent of workers belong to unions, all employees enjoy at least 30 days paid vacation, and the gap between the rich and poor is far more equitable than in the United States.
The growing gap between rich and poor, the seeming lack of concern for the health and well-being of ordinary people, the obscene salaries made by CEOs who are increasing profits by moving their plants to places where labor is cheap - that's where the problem is, not in schools, colleges and universities.
The poor, no less than the rich, stay tuned in to the Dream Machine in bad times as well as good....By 1995, millions of the poor were left without housing, medical care; jobs, or educational opportunity; six million children-one of every four kids under 6 years of age in America-were officially poor. Mired in Third-World conditions of poverty while video-bombarded with First-World dreams, rarely has a population suffered a greater gap between socially cultivated appetites and socially available opportunities.
Nowadays, we are confronted by a huge gap between rich and poor. This is not only morally wrong, but practically a mistake. It leads to the rich living in anxiety and the poor living in frustration, which has the potential to lead to more violence. We have to work to reduce this gap. It's truly unfair that some people should have so much while others go hungry.
The people in Washington are getting rich with our money. Under President Barack Obama, the federal government swelled to record size, and it took more and more of our money to pay for it. Who benefitted? Not Missouri farmers or workers.
We're in a classic demand-shortfall recession. There aren't enough jobs because total spending is too low. Consumers won't lead the way because they're busy paying down debt and are fearful they'll lose their jobs, if they haven't already. Businesses, which are currently sitting on mountains of cash, won't spend either, because they already have sufficient capacity to produce more than people are willing to buy.
When private industry makes a mistake, it gets corrected and goes away. As governments make mistakes, it gets bigger, bigger and bigger and they make more, more and more because as they run out of money, they just ask for more and so they get rewarded for making mistakes. In the meantime that is exactly what we are doing by subsidizing companies which are failing, we have a reverse Darwinism, we've got survival of the unfittest, the companies and people that have made terrible mistakes are being rewarded and other people are being punished and being taxed.
Well, "The Washington post" three weeks ago had this investigation and they said that President Obama has now raised more money from Wall Street and the banks for this election cycle than all - than all eight Republicans combined. I don't want to say that, because if that's the truth, that Wall Street already has their man and his name is Barack Obama, then we've got a much bigger problem.
Obama's economic policies widened the gap between the rich and the poor.
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