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Obama Says Income Gap Is Fraying U.S. Social Fabric
The New York Times ^ | July 27, 2013 | Jackie Calmes and Michael D. Shear

Posted on 07/28/2013 12:33:30 AM PDT by 2ndDivisionVet

GALESBURG, Ill. — In a week when he tried to focus attention on the struggles of the middle class, President Obama said in an interview that he was worried that years of widening income inequality and the lingering effects of the financial crisis had frayed the country’s social fabric and undermined Americans’ belief in opportunity.

Upward mobility, Mr. Obama said in a 40-minute interview with The New York Times, “was part and parcel of who we were as Americans.”

“And that’s what’s been eroding over the last 20, 30 years, well before the financial crisis,” he added.

“If we don’t do anything, then growth will be slower than it should be. Unemployment will not go down as fast as it should. Income inequality will continue to rise,” he said. “That’s not a future that we should accept.”

A few days after the acquittal in the Trayvon Martin case prompted him to speak about being a black man in America, Mr. Obama said the country’s struggle over race would not be eased until the political process in Washington began addressing the fear of many people that financial stability is unattainable....

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Culture/Society; Government; Politics/Elections
KEYWORDS: demagogicparty; economy; employment; incomegap; obama; obamacommunist; obamaeconomyspeech; obamaeconomytour; partisanmediashill; partisanmediashills; socialfabric; wages
Said the multimillionaire who has never worked a day in his life and will retire in luxury three years from now.
1 posted on 07/28/2013 12:33:30 AM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

Not income gap, but employment gap...


2 posted on 07/28/2013 12:40:30 AM PDT by Cowboy Bob (Democrats: Robbing Peter to buy Paul's vote.)
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To: 2ndDivisionVet

I will point this out...once we started to manufacture refrigerators, tennis shoes, socks, underwear and 500 other things overseas, then the income gap started to exist. If you drive around various southern and mid-west towns today....you see thousands of empty industrial buildings that grew out of the 1950s/1960s.

The social fabic is mostly screwed because the jobs went away and a guy at the bottom....cannot get more than a job at McDonalds or stocking shelves at some grocery.

Redistribution is of zero value. Unless we conclude our industry jobs was part of society’s answer to move up....we are mostly stuck with a gap, for years and decades.


3 posted on 07/28/2013 12:40:49 AM PDT by pepsionice
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To: 2ndDivisionVet
Utterly moronic. Once again, I'll spell it out in this simple example... a growing income gap or wealth gap is not only GOOD, it is NECESSARY for a healthy economy.

You're rich (Congrats!), and I'm poor. (Aww, man!)
You're worth $100 million, and I'm worth $100 (just to make the math easy).
Blessed Leader Obama passes a Good and Just Law that we MUST invest the same way.
This year, our investments make 20%, in Glorious Leader's WonderEconomy.

Now, after one year, I made $20! Woo-hoo!
And you made... $20 million.
Our totals now are $120 million to $120.

The gap between us grew by just under $20 million ($19,999,980, if you are OCD), even though we invested EXACTLY THE SAME WAY.

The ONLY way our gap can EVER shrink is if
1. the economy is shrinking... which seems to be what the Left wants, since they work so hard towards that end, every single day....
Or 2. All of your gains are confiscated and given to those who didn't earn it. This, of course, discourages anyone of wealth to make gains, thereby, once again, making HUGE obstacles for economic growth... as the Left clearly wants. They do nothing that does not have this "unintended" consequence.

4 posted on 07/28/2013 12:50:44 AM PDT by Teacher317 (Obama is failing faster than I can lower my expectations.)
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To: 2ndDivisionVet

They’re right. I’m a white guy who works 84 hour weeks, and I want to know why I don’t get paid as much as Oprah. It’s unfair....


5 posted on 07/28/2013 1:14:59 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: 2ndDivisionVet

The gap is in Zer0’s brain. It is the Communist Gap. The Communist agents would call people like him transmission belts.


6 posted on 07/28/2013 1:26:20 AM PDT by jonrick46 (The opium of Communists: other people's money.)
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To: Teacher317

“Our totals now are $120 million to $120.”
____________________________________
I recall a theory that I remember from the early 60s.
If you redistributed all the wealth equally, it would take a a short time for the rich to recover their wealth, and the others would again be back to where they started.


7 posted on 07/28/2013 2:01:18 AM PDT by AlexW
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

Rich demagogue beating the same old drum ping.

Thanks 2ndDivisionVet.


8 posted on 07/28/2013 2:16:28 AM PDT by SunkenCiv (It's no coincidence that some "conservatives" echo the hard left.)
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To: pepsionice

Then you should be against free trade


9 posted on 07/28/2013 2:27:08 AM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: 2ndDivisionVet

Sounds like the whining of a ghetto black with a chip on his shoulder. He didn’t mention his net worth of $12 million, daughters in private school, and $100-million vacations on AF1.

He’s officially earned the title of “reverend” racebaiter.


10 posted on 07/28/2013 2:35:40 AM PDT by FrankR (They will become our ultimate masters the day we surrender the 2nd Amendment.)
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To: 2ndDivisionVet

This repulsive little homo is correct in his diagnosis, that our middle class is shrinking. But what is his solution? Here it is, it is useless and the “clean energy” he wants is 100% bs >>>>>

“The priority, Obama said, should be spending for infrastructure, education, clean energy, science, research and other domestic initiatives of the sort he twice campaigned on.”

This homo has never turned a wrench in his life.


11 posted on 07/28/2013 2:37:59 AM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: 2ndDivisionVet
Oh, please, lecture us about 'fraying the social fabric' as, within the same week, you purposefully (but unsuccessfully) stoke racial unrest. Please, we need to hear more.

What a f***ing hypocrite.

12 posted on 07/28/2013 2:46:53 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: AlexW
I recall a theory that I remember

Redundantly, I speak of something again and again. ;)

13 posted on 07/28/2013 2:48:13 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: dennisw
This homo has never turned a wrench in his life.

That's bad enough; it's infinitely worse that he despises men who make their livings with wrenches.

14 posted on 07/28/2013 2:51:03 AM PDT by Standing Wolf
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To: Lazamataz

“Redundantly, I speak of something again and again. ;)”
__________________________________________

You are not the only grammar cop on FR.
It seems to be their pathetic calling in life.
I will stand by my post ;)


15 posted on 07/28/2013 2:59:04 AM PDT by AlexW
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To: AlexW

You mispelled GRAMMER.


16 posted on 07/28/2013 3:01:05 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: 2ndDivisionVet
The sad joke is many of the policies he and the Fed have engaged in have helped fuel the situation he opposes.

Something real strange has been going on with him since his re-election. The things that have come out of his mouth are not the things the Cheif Executive of a nation should be saying

17 posted on 07/28/2013 3:41:42 AM PDT by LMAO ("Begging hands and Bleeding hearts will only cry out for more"...Anthem from Rush)
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To: 2ndDivisionVet
0:
It's not the income gap it's the leadership GAP.
We don't need a community organizer running our country into the dirt. . . . .
18 posted on 07/28/2013 3:42:36 AM PDT by DeaconRed (Phony Scandals?: How about Phony President, Phony AG & Phony Administration.)
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To: 2ndDivisionVet

If there were no income gap, and everyone was paid the same. How would there be upward mobility?

The income gap is what makes upward mobility.


19 posted on 07/28/2013 3:45:09 AM PDT by Venturer
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To: FReepers; Patriots; FRiends




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Please Consider Donating Monthly!
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20 posted on 07/28/2013 3:46:58 AM PDT by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)
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To: AlexW

Nothing spells economic success quite so soundly as taking money from those who are good at creating business opportunities and giving to those who can’t even balance a checkbook or have the foresight to complete high school.

It’s not just unethical; it’s stupid.


21 posted on 07/28/2013 3:47:15 AM PDT by CaspersGh0sts
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To: 2ndDivisionVet

Our social fabric is not only frayed, it’s positively ragged.

Thank the gargantuan, central socialist government’s swinish, gluttonous evil empire building and thank the unknown comic Muslim who occupies the White Hut.


22 posted on 07/28/2013 4:01:00 AM PDT by IbJensen (Liberals are like Slinkies, good for nothing, but you smile as you push them down the stairs.)
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To: 2ndDivisionVet
Actually, a race-baiting president who, on TV, calls police actions "stupid," and who inflames an almost non-existent racial divide into a gulf of flaming conflagration, and who directs his equally almost-black Attorney General to send teams of Community Organizer/Agitators out to train other mouth-breathing imbeciles how to be bigoted malcontents, just might have sumpin to do wit it...

...just sayin'...

;-\

23 posted on 07/28/2013 4:07:15 AM PDT by Gargantua (Hey dimwit, is this a politically correct, sphincter-approved tagline? Too bad...)
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To: 2ndDivisionVet
Obama Says Income Gap Is Fraying U.S. Social Fabric

Then by all means, stop killing the American economy and pushing socialist policy, barry!

In the end its all on you.

24 posted on 07/28/2013 4:09:37 AM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: 2ndDivisionVet

And amnesty will increase this gap by lowering wages. If Democratic pols could look beyond their personal political interests and GOP pols could look beyond the interests of the plutocracy who will pay their future lobbyist salaries, we might make some headway towards reducing this gap.


25 posted on 07/28/2013 4:27:05 AM PDT by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: 2ndDivisionVet

“The priority, he said, should be spending”

His solution for everything. He really is stupid.


26 posted on 07/28/2013 4:34:07 AM PDT by ilovesarah2012
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To: Lazamataz

“You mispelled GRAMMER.”
_________________________________________

Laz, I feel your pain.
I will stick with “Grammar”, and...”misspelled”
Maybe you should try another dictionary. :))
Have a nice day.


27 posted on 07/28/2013 4:35:53 AM PDT by AlexW
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To: dennisw

Well, he hung curtains once.


28 posted on 07/28/2013 4:37:51 AM PDT by ilovesarah2012
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To: 2ndDivisionVet

The Race Baiter in chief will no doubt suggest more expansive entitlements to make up for this gap.


29 posted on 07/28/2013 4:48:47 AM PDT by rbg81
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To: 2ndDivisionVet

> Said the multimillionaire who has never worked a day in his life and will retire in luxury three years from now.

Well to be faiir, he DID work as an activist for ACORN for 10 years teaching others how to rig elections using dead people and other inethical tactics so that as to count for something.

So Obie, if your’e SO concerned about the income gap why don’t you open up that SuperPac of yours worth about a half a billion at last count and redisttibute the wealth? After all its not like you earned it. You received it in donations from gullible people just like the mega churches on TV do. I really don’t see much of a difference. Of course you want to tax the living crap out of THEM and take away their tax exempt status but then the people would finally realize you are the AntiChrist or his right hand man.


30 posted on 07/28/2013 4:50:12 AM PDT by jsanders2001
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To: 2ndDivisionVet

And whose policies are widening the income gap? Sheesh......the clueless one! The First bystander......


31 posted on 07/28/2013 4:56:49 AM PDT by The_Media_never_lie (Actually, they lie when it suits them! The crooked MS media must be defeated any way it can be done!)
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To: 2ndDivisionVet

And whose policies are widening the income gap? Sheesh......the clueless one! The First bystander......


32 posted on 07/28/2013 4:56:49 AM PDT by The_Media_never_lie (Actually, they lie when it suits them! The crooked MS media must be defeated any way it can be done!)
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To: AlexW

Nough, eye liyke mai dickshunary!


33 posted on 07/28/2013 4:58:09 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: 2ndDivisionVet

So I guess we should collectively lower all income until we are all equally miserable, except for Obama and his campaign doners.


34 posted on 07/28/2013 4:59:54 AM PDT by Eddie01 (Liberals lie about everything all the time.)
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To: 2ndDivisionVet

Obama’s Fix: Make everyone poor...


35 posted on 07/28/2013 5:02:23 AM PDT by broken_arrow1 (I regret that I have but one life to give for my country - Nathan Hale "Patriot")
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To: 2ndDivisionVet

Income? More people than ever don’t have any income, thanks to you.


36 posted on 07/28/2013 5:13:35 AM PDT by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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To: 2ndDivisionVet
Said the multimillionaire who has never worked a day in his life...

Let's be fair! Didn't he sell drugs to the Choom Gang?

37 posted on 07/28/2013 5:17:50 AM PDT by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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To: Right Wing Assault
"Let's be fair! Didn't he sell drugs to the Choom Gang? "

Selling a product to friends/family ain't exactly the same as running a real business and making a profit. From what I've seen, he couldn't sell crack cocaine in the Chicago projects without losing his shirt (and probably more).

38 posted on 07/28/2013 5:42:35 AM PDT by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: 2ndDivisionVet

In a week when he tried to focus attention on the struggles of the middle class.
Must be why he had Harry Reid to ask for a trillion dollar tax increase last week.


39 posted on 07/28/2013 5:59:05 AM PDT by Vaduz
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To: Cowboy Bob

Private property gap.


40 posted on 07/28/2013 6:19:28 AM PDT by Eric in the Ozarks ("Say Not the Struggle Naught Availeth.")
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To: 2ndDivisionVet

The social fabric is coming apart because the US is a nation held together by some ideas held in common. When those ideas cease to be common, then this nation will only be held together by inertia, and then it will fall apart.


41 posted on 07/28/2013 6:44:47 AM PDT by GenXteacher (You have chosen dishonor to avoid war; you shall have war also.)
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To: ilovesarah2012

“Well, he hung curtains once.”

He also scooped ice cream in the dreaded private sector (hard to believe, I know) at a Baskin-Robbins in Hawaii and would give his choom gang buddies free extra scoops (totally righteous dude!! they had the munchies)

http://latimesblogs.latimes.com/washington/2009/12/the-scoop-on-baskinrobbins-obamas-former-employee-in-honolulu-.html


42 posted on 07/28/2013 2:02:03 PM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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