The State of the Union: Is Groovy
Jan. 20th, 2015 02:09 pm![[identity profile]](https://www.dreamwidth.org/img/silk/identity/openid.png)
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"Let me give you the theme of the speech in three words: Middle class economics," top White House aide Dan Pfeiffer said Sunday on NBC's "Meet the Press."
Taking top billing will be the Robin Hood-style tax-and-spend plan Obama has rolled out in recent days.
-- CNN
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Date: 2015-01-20 08:37 pm (UTC)BBC Business link. (http://www.bbc.com/news/business-30875633)
The charity's research shows that the share of the world's wealth owned by the richest 1% increased from 44% in 2009 to 48% last year.
On current trends, Oxfam says it expects the wealthiest 1% to own more than 50% of the world's wealth by 2016.
The research coincides with the start of the World Economic Forum in Davos.
That means:
Images are from NBC Nightly News coverage of this report, available here. (http://www.nbcnews.com/nightly-news/nightly-news-brian-williams-full-broadcast-january-19-n686)
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Date: 2015-01-20 09:19 pm (UTC)no subject
Date: 2015-01-20 10:05 pm (UTC)Chris Rock thinks it hasn't happen (http://www.vulture.com/2014/11/chris-rock-frank-rich-in-conversation.html?mid=twitter_nymag) because a lot of people just don't know how well the super rich live.
Q: For all the current conversation about income inequality, class is still sort of the elephant in the room.
Chris Rock: Oh, people don’t even know. If poor people knew how rich rich people are, there would be riots in the streets. If the average person could see the Virgin Airlines first-class lounge, they’d go, “What? What? This is food, and it’s free, and they … what? Massage? Are you kidding me?”
And he has previously noted the differences in health care for rich and the poor with his own personal experience (his father dying and then subsequently, his mother's health care experiences).
http://www.thedailybeast.com/videos/2010/04/10/chris-rock-talks-health-care.html
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Date: 2015-01-20 09:12 pm (UTC)I'm hoping these types of taxes won't affect middle-class earners as much as I'm worried they will.
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Date: 2015-01-21 02:53 am (UTC)2. Not concerned about very poor, because they are in safety net.
3. Who cares about Mitt? He can't do anything-remember he isn't the president.
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Date: 2015-01-22 08:19 am (UTC)(no subject)
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Date: 2015-01-21 03:44 am (UTC)EDITED TO ADD THE FOLLOWING
Also this:
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Date: 2015-01-22 08:20 am (UTC)(no subject)
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Date: 2015-01-20 11:43 pm (UTC)-- Jordan Weissman (http://www.slate.com/blogs/moneybox/2015/01/20/state_of_the_union_2015_obama_s_new_economic_agenda_is_progressivism_on.html)
... but, but ...
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