A Quote by Hillary Clinton
I think it's been unfortunate, but it's happened, that since the Great Recession, the gains have all gone to the top. And we need to reverse that.
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Most of the gains in the last years since the Great Recession have gone to the very top. So we are going to have the wealthy pay their fair share. We're going to have corporations make a contribution greater than they are now to America.
I promised to bring change to Washington. The underlying reason for the economic mess we're in has been building for years. It's a fundamental imbalance in which the top 1 percent now gets almost a quarter of all national income. We haven't seen income and wealth this concentrated since the late nineteen twenties, and we all know what happened then - the Great Depression. We'll never really get out of the gravitational pull of the Great Recession until we fix this basic problem.
What happened is we went into a recession beginning in December of 2007 that was the worst since 1929. And it is a very deep hole that we have been struggling to get out of.
At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.
This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.
In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the Great Depression.
If you listen to the news, read the news, you'd think we were still in a recession. Well, we're not in a recession. We've had growth; people need to know that. They need to be more upbeat, more positive.
Anyone who has followed the U.S. economy in recent years can tell you while corporate America and their wealthy executives have recovered from the last recession, middle-class families have not. About 95 percent of income gains between 2009 and 2012 went to the top one percent.
Recently released government economic statistics covering 2010, the first year of real recovery from the financial collapse of 2008, found that fully 93 percent of additional income gains coming out of the recession went straight into the wallets and purses of the top 1 percent.
I think Welfare Reform did more harm than good, but one piece of good it did was it changed the attitudes of Americans. If we look at voter surveys even before the recession, the idea that people are poor because they're lazy was much stronger in the early '90s than it was even before the recession. Now with the recession, everybody knows somebody who is poor through no fault of their own. So voter attitudes are more favorable than they've been since the '60s.
Because the world is in economic recession, which worsened since this drama happened, and our country will bear the burden of all of these consequences.
I'm 27 and guys are pitching into their 40s now. For unfortunate reasons, I haven't been healthy since 2005. But I feel that I have a lot of great years ahead of me.
I paint. I have been painting since I was kid. If I hadn't gone into radio when I did, I probably would have come out of the Army, gone into the art business, and probably would have flopped because I'm not that great.
People think that because a novel's invented, it isn't true. Exactly the reverse is the case. Biography and memoirs can never be wholly true, since they cannot include every conceivable circumstance of what happened. The novel can do that.
I've been aware of my gay fans since album one. There has been such great support from that community and it has gone both ways.
The American people understand that it is grotesquely unfair - we are a society that prides itself on fairness, that prides itself on equal opportunity, and people are looking out and seeing, since the Great Recession of 2008, 99 percent of all new income going to the top 1 percent.
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