Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: Hillary Clinton has always been to Obama's left on economics [View all]TBF
(37,558 posts)41. "Folks are impatient" because they need to eat.
The gap between the very rich and everyone else continues to grow, as acknowledged by many sources. The last thing we need is centrist or conservative economic policy for another four years. We need to be as progressive as possible - and that is Bernie Sanders (who has a solid record in the Congress and is already gaining the support of middle America). I don't think he's nearly as "unelectable" as some of you seem to think.
The income gap between Americas rich and poor has widened during the economic recovery -- despite rising employment and a growing economy, the Federal Reserve said Thursday.
While average income before taxes for the wealthiest 10 percent of U.S. families rose 10 percent from 2010 to 2013, inflation-adjusted incomes for the poorest 40 percent of families actually declined, according to the Feds Survey of Consumer Finances.
The average income for all Americans rose 4 percent from 2010, but the median incomethe amount in the middle of all Americans incomes and not skewed by ultra-high salaries fell 5 percent, the report said.
Only a sliver of the wealthiest Americans have seen widespread income gains since the recession ...
http://www.ibtimes.com/us-income-gap-widened-during-economic-recovery-federal-reserve-1679000
The gap between the rich and the poor keeps widening, the Organisation for Economic Cooperation and Development (OECD) says.
In its 34 member states, the richest 10% of the population earn 9.6 times the income of the poorest 10%.
There is no standard measure of inequality, but most indicators suggest it slowed or fell during the financial crisis and is now growing again.
The OECD warns that such inequality is a threat to economic growth ...
http://www.bbc.com/news/business-32824770
In its 34 member states, the richest 10% of the population earn 9.6 times the income of the poorest 10%.
There is no standard measure of inequality, but most indicators suggest it slowed or fell during the financial crisis and is now growing again.
The OECD warns that such inequality is a threat to economic growth ...
http://www.bbc.com/news/business-32824770
The wealth disparity between upper and middle income Americans has hit a record high, according to a new Pew Research Center Report. On average, todays upper-income families are almost seven times wealthier than middle-income ones, compared to 3.4 times wealthier in 1984. When compared to lower income family wealth, upper income family wealth is 70 times larger.
It has come to the point where only the top 10 percent of Americans are seeing their wealth grow while the bottom 90 get less and less of the pie each year. The driving force of this wealth chasm are the top 0.1 percent, who have seen their share of the nations wealth grow the most over the past decades, from 7 percent in 1979 to 22 percent today. In fact, the top 0.1 percent are now worth more than the entire bottom 90 percent of the U.S. population, according to the report, which adjusts for the shrinking size of the American family so as to enable comparisons across time periods.
The study also assesses what effect the 2008 financial crisis had on wealth distribution. Although the crisis wreaked havoc across all income levels, its effects have been much more enduring for those on the lower end of the economic spectrum. Those at the top have managed to recoup their wealth, while middle and lower income families have not made any gains, according to the Pew report. The stock market, on the other hand, has bounced back, surpassing pre-crisis levels, and Wall Street is doing better than ever ...
http://thinkprogress.org/economy/2014/12/18/3605137/us-wealth-gap-at-its-widest-in-decades/
It has come to the point where only the top 10 percent of Americans are seeing their wealth grow while the bottom 90 get less and less of the pie each year. The driving force of this wealth chasm are the top 0.1 percent, who have seen their share of the nations wealth grow the most over the past decades, from 7 percent in 1979 to 22 percent today. In fact, the top 0.1 percent are now worth more than the entire bottom 90 percent of the U.S. population, according to the report, which adjusts for the shrinking size of the American family so as to enable comparisons across time periods.
The study also assesses what effect the 2008 financial crisis had on wealth distribution. Although the crisis wreaked havoc across all income levels, its effects have been much more enduring for those on the lower end of the economic spectrum. Those at the top have managed to recoup their wealth, while middle and lower income families have not made any gains, according to the Pew report. The stock market, on the other hand, has bounced back, surpassing pre-crisis levels, and Wall Street is doing better than ever ...
http://thinkprogress.org/economy/2014/12/18/3605137/us-wealth-gap-at-its-widest-in-decades/
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
119 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
people forget that in the debate over the health insurance mandate, Clinton attacked Obama
geek tragedy
Jun 2015
#2
To mandate that you buy insurance from a Private Insurer is THE Republican plan
Rilgin
Jun 2015
#109
No. But in the realm of what is realistically possible it doesn't matter.
DemocratSinceBirth
Jun 2015
#16
You just need to be realistic. Just because everybody loves him and would vote for him
Ed Suspicious
Jun 2015
#68
Does DU play a role in influencing the American electorate or are we just sitting around
Ed Suspicious
Jun 2015
#83
Since we are talking about circle jerks I would literally bet my d--k on the latter.../NT
DemocratSinceBirth
Jun 2015
#95
That's like saying Hillary Clinton beats every Republican by fifty points...
DemocratSinceBirth
Jun 2015
#54
all of those- Warren, Sanders, Stiglitz strongly oppose the TPP. She endorsed it in her book.
cali
Jun 2015
#7
If she wants credit for what her husband did then she must also take accountability for it.
Exilednight
Jun 2015
#33
but the banks that caused the financial meltdown wouldn't have been subject to it.
wyldwolf
Jun 2015
#55
I was quoting Forbes. Steven Pearlstein more acceptable? And Elizabeth Warren's quote?
wyldwolf
Jun 2015
#82
I was going for an answer that was easily understandable, but that sums it up nicely.
Exilednight
Jun 2015
#108
Well, he is a former president, he has the experience and he's a notorious know-it-all
tularetom
Jun 2015
#97
Hillary's words, not mine. SHE claimed her husbands record, I did not force it on her.
Exilednight
Jun 2015
#34
she will give the DLC answer, which is always like a judge trying to please a rapist and his victim
yurbud
Jun 2015
#69
"She's been in the public eye far too long to have avoided inconsistencies over the years."
Damansarajaya
Jun 2015
#21
Time. Folks are impatient. Obama was just the start of the revolution, Clinton will succeed Obama and
Fred Sanders
Jun 2015
#25
What "revolution"? Obama is a proud defender of the status quo, not a revolutionary...
truebluegreen
Jun 2015
#66
Actual revolutions are incredibly rare historically and almost inevitably lead to violence
YoungDemCA
Jun 2015
#70
'especially for a candidate who's not facing meaningful opposition in the Democratic primary'
elleng
Jun 2015
#32
That could very well be. Her husband on the other hand sure wasn't, and I suspect a lot of the
still_one
Jun 2015
#40
I don't believe there is any significant difference between Hillary and Obama economicly.
Autumn
Jun 2015
#42
Have you seen the standard bearers on the other side...give your head a shake, dude?!
Fred Sanders
Jun 2015
#117
Respect demands a mutual return. The left who has been the most loyal since Roosevelt
mmonk
Jun 2015
#98
Both BHO and HRC have been well within in the main stream of Democratic thought.
DemocratSinceBirth
Jun 2015
#102
Obama won because he ran to her left. Clinton's Iraq vote and her continued use of strong
Jefferson23
Jun 2015
#110