Archive for middle class

Video- President’s Weekly Address: The President Talks About How to Build a Rising, Thriving Middle Class

Live Streaming Video- President Obama Speaks at Ellicott Dredges 1:20p EDT

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Bernie Sanders: Grand bargain could be grand sellout

bernie sanders social security

Bernie Sanders wrote a piece that is up at his website about the not-so-grand “grand bargain.” I’ve never been a fan, nor has he, nor have most Progressives I know.

Why there hasn’t been more attention paid to the Congressional Progressive Caucus’s Back to Work Budget is beyond me. The Progressive describes it as “the humane budget”:

This is a fundamentally humane proposal. It has a stated goal of eradicating poverty, and a target of cutting poverty in half in ten years.

It puts the problem of the jobs deficit ahead of the budget deficit, and makes a major investment in infrastructure.

In many ways, it makes good on the promises that won President Obama both his first and second terms. [...]

As the Progressive Caucus puts it: “This is what the country voted for in November. It’s time we side with America’s middle class and invest in their future.”

Please link over and take a look.

Now back to Bernie Sanders’s piece:

The media appear fixated about when and if a so-called “grand bargain” on our economy will be reached. Wrong question! The question we should be asking is: What should be in a “grand bargain” that works for the average American?

At a time when the middle class is disappearing, 46 million Americans are living in poverty and the gap between the very rich and everyone else is growing wider, we need a “grand bargain” that protects struggling working families, not billionaires. [...]

We must not cut Social Security, disabled veterans’ benefits, Medicare, Medicaid, education and other programs that provide opportunity and dignity to millions of struggling American families. [...]

[T]he United States has the most unequal distribution of wealth and income of any major country on earth and that inequality is worse today than at any time since the late 1920s. [...] The distribution of income is even worse. [...]

We need a budget that puts millions of Americans back to work in decent-paying jobs by rebuilding our crumbling infrastructure and transforming our energy sector away from fossil fuels and into renewable energy and energy efficiency.

We need a budget that keeps the promises we have made to our seniors, veterans and the most vulnerable by protecting Social Security, Medicare and Medicaid benefits. [...]

We need a budget that makes sure that the wealthiest Americans and most profitable corporations pay their fair share of taxes. [...]

We must reject any approach that continues the economic assault on working families.

I chopped this one to bits, so please link over to read it in full.

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“Romney: The misery of working people makes America great.”

bush woman with 3 jobs

mitt romney cpac 2013 corrected

I got the blog headline from this tweet:

tweet Romney thinks misery makes America great

Link to HuffPo piece.

Billionaire Mitt Romney described the “heroes in the homes of the nation”:

Single moms who are working two jobs so their kids can have the same kind of  kids [he meant "things"] other kids at school have. Dads who don’t know what a weekend is, because they’ve taken on so many jobs to make sure they can keep the house. We’re a patriotic people. The heart of America is good.”

Gee, he’s not out of touch at all, is he? It’s hard to find too many major political figures who would say something so asinine, so insensitive, and so disconnected from everyday Americans.

But I managed to find one:

 From the official transcript:

THE PRESIDENT: Yes, but nevertheless, there’s a certain comfort to know that the promises made will be kept by the government.

MS. MORNIN: Yes.

THE PRESIDENT: And so thank you for asking that. You don’t have to worry.

MS. MORNIN: That’s good, because I work three jobs and I feel like I contribute.

THE PRESIDENT: You work three jobs?

MS. MORNIN: Three jobs, yes.

THE PRESIDENT: Uniquely American, isn’t it? I mean, that is fantastic that you’re doing that. (Applause.) Get any sleep? (Laughter.)

MS. MORNIN: Not much. Not much.

THE PRESIDENT: Well, hopefully, this will help you get you sleep to know that when we talk about Social Security, nothing changes.

MS. MORNIN: Okay, thank you.

THE PRESIDENT: That’s great.

Arthur Delaney got it right. Republicans like Romney and Bush really believe that struggling, miserable Americans make this country great. 

Actually, those two poor excuses for political leaders are exceptionally miserable Americans, and they have not made this country great, but they have done what they can to make the rest of us struggle.

Bonus Cartoon of the Day- “Hello, 911?”

hello911

Via.

CHART: “America’s middle-class jobs have been decimated since 2007, replaced largely by low-wage jobs.”

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This country’s leaders could speed our economic recovery up and do so more effectively, but as President Obama pointed out in his press conference today, Republicans are doing their usual obstruction thing:

“And let’s be clear: None of this is necessary. It’s happening because a choice that Republicans in Congress have made. They’ve allowed these cuts to happen because they refuse to budge on closing a single wasteful loophole to help reduce the deficit.

Via WaPo’s WonkBlog:

The U.S. job market is slowly improving, and most economists expect that gradual recovery to continue this year. Yet one of the most disturbing trends of the recession is still very far from being reversed. America’s middle-class jobs have been decimated since 2007, replaced largely by low-wage jobs.

A recent presentation from the Federal Reserve Bank of San Francisco lays out the situation clearly. The vast majority of job losses during the recession were in middle-income occupations, and they’ve largely been replaced by low-wage jobs since 2010:

chart job losses, gains during recovery

Much more at the link.

Video- Weekly Address: Following the President’s Plan for a Strong Middle Class