A Quote by Jan Schakowsky
There is greater income inequality in the United States than in any other industrialized country. Yes, the debt is a problem that must be dealt with. To me, however, the disappearing middle class is even worse - bad for our economy and really bad for our democracy.
Quote Topics
Quote Author
Related Quotes
The burning issue of our time is the growing inequality in income and wealth in our country, and it's got to be addressed. We've got to stop it. It's eroding our politics. It's separating our society into the haves and the have-nots. It's condemning a whole younger set of our population to not be able to enter the middle class. And, it hits hardest in the prairie areas of the United States, our small towns and communities, where the jobs just aren't available and the incomes are low.
In the United States today we have the most unequal wealth and income distribution of any major country on earth - worse than at any time since the 1920s. This is an economy that must be changed in fundamental ways.
Our society is only as healthy as our most vulnerable citizens. It is unconscionable that the weakest links in our country are our hungry children. No other Western industrialized nation has widespread hunger within its borders. We really must put an end to hunger in the United States if we are to keep our prosperity and protect the future.
The United States is a special case, and for me, very interesting. It's studied carefully and we know a lot about it. One of the most striking features of the elections is the class-based character of the vote. Now, class is not discussed or even measured in the United States. In fact, the word is almost obscene, except for the term "middle class." And you can't get exact class data; the census doesn't even give class data. But you can sort of see the significance of it just from income figures.
We are seeing a working-class, a middle class, which over the last three decades has seen their wages and income stagnate, while the very rich have seen their tax burden lighten in ways not seen in three or four decades. It's a face of a country that we need to look at and understand that inequality is perhaps the greatest threat to our economic recovery and democracy, and in that context we must take action.
The United States has worse income inequality than Nigeria.
I agree that income disparity is the great issue of our time. It is even broader and more difficult than the civil rights issues of the 1960s. The '99 percent' is not just a slogan. The disparity in income has left the middle class with lowered, not rising, income, and the poor unable to reach the middle class.
It is true that globalization has fueled greater income inequality. But much of this increase should be welcomed, not condemned. There is nothing inherently bad about inequality. Whether it is bad depends on how it comes about and what it does.
It is well known that homosexuality is a criminal offense in the United States, in four US states. If it is good or bad, we know the decision of the Constitutional Court, but this problem has not been dealt with yet, it is still being addressed by the legislation of the United States. This is not the case in Russia.
Today, the United States is No. 1 in corporate profits, No. 1 in CEO salaries, No. 1 in childhood poverty and No. 1 in income and wealth inequality in the industrialized world.
I believe it is wrong for Canada to follow the path of countries who exploit large numbers of guest workers, who have no realistic prospect of citizenship. It is bad for our economy in that it depresses wages for all Canadians, but it's even worse for our country.
Things are getting worse. You know, when you look at this campaign, and you realize the enormously serious issues this country faces, right, we got a collapsing middle class. We have more wealth and income inequality today than we've had since the 1920s. We have all of these enormous issues.
What we have seen for a very long time is large corporations shutting down plants in this country, plants that are often profitable, in order to get cheap labor all over the world. And that is one of the reasons why the middle class in this country is disappearing.We have lost our manufacturing base, and that's an issue that has got to be dealt with.
We're the highest taxed nation in the world. Our middle class is just reeling from the taxes. And you know, if you think about it, the middle class and the workers of this country, who really built the country, they haven't had a raise in 12 years. They're making less now actually - to be even worse about it, they're making less now than they did 12 years ago.
Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.
The point is that in any country, including the United States, may be in the United States even more often than in any other country, foreign policy is used for internal political struggle.
Related Authors
Alexander Hamilton Quotes
American
Politician
Benjamin Franklin Quotes
American
Politician
Bernie Sanders Quotes
American
Politician
David Brooks Quotes
American
Politician
Hillary Clinton Quotes
American
Politician
Jill Stein Quotes
American
Politician
John F. Kerry Quotes
American
Politician
John McCain Quotes
American
Politician
Marco Rubio Quotes
American
Politician
Mitt Romney Quotes
American
Politician
Narendra Modi Quotes
Indian
Politician
Newt Gingrich Quotes
American
Politician
Paul Ryan Quotes
American
Politician
Rand Paul Quotes
American
Politician
Ron Paul Quotes
American
Politician
Ted Cruz Quotes
American
Politician