Sign up today and save up to 83% on a Hartford Courant digital subscription
CT Now

Under Obama, wealthy are living well

In a recent letter to the editor ("Sun ignores Obama's pathetic mess," June 14), the author chooses to ignore President Barack Obama's 26 consecutive months of job growth, the auto bailout that proved successful, and the stimulus that saved or created millions of jobs (according to the Congressional Budget Office). People like to claim that President Obama is a socialist — while the bankers on Wall Street enjoy big pay raises. Meanwhile, the top executives at America's largest companies are making 343 times more than the average worker while back in the 1970s, the average CEO earned only 28 times more than the average worker. So this is socialism?

Losses are being socialized and gains are being privatized for the wealthiest on Wall Street. A strong middle class is what the United States needs, and once the middle class gets the disposable income that they used to have before "trickle-down economics" became accepted, we will see more jobs being created.

Corey Golden, Baltimore

Copyright © 2015, CT Now
Related Content
  • Republicans have eviscerated the middle class, and Democrats have let them

    Republicans have eviscerated the middle class, and Democrats have let them

    Dan Rodricks' column "Let's help the poor, but not close to home" (Feb. 3) was right on target. Yes, and Ronald Regan started the great disintegration of student aid, social services, welfare benefits and federal support for public housing and urban renewal which has continued to this day.

  • Lift the cap on Social Security taxes

    Lift the cap on Social Security taxes

    Reviewing the 2016 federal spending graphs that accompanied John Fritze's excellent article, it is obvious, at least to me, that 50 percent of the spending could be offset with one minimal tax increase ("What's in it for Md.," Feb. 3). However, no politician would have the intestinal fortitude...

  • A constructive idea for infrastructure, taxes

    A constructive idea for infrastructure, taxes

    As much as the $4 trillion budget President Barack Obama sent to Congress Monday is a highly political document giving his allies things to rally around and his opponents proposals about which to grouse, the spending plan succeeds at putting two issues of irrefutable importance front and center...

  • Mr. Obama's 529 brouhaha

    Mr. Obama's 529 brouhaha

    Rarely does a president flip-flop on an initiative presented in the State of the Union address as quickly as Barack Obama did this week. He reversed himself on 529 college savings plans on Tuesday, which was just seven days after his speech to the nation. Such a political miscalculation is instructive...

  • Free community college is a bad idea

    Free community college is a bad idea

    Free community college is another poorly thought idea from President Barack Obama ("Obama turns populist in State of the Union speech," Jan. 21). Am I against opening up the opportunity for many who cannot afford college? Absolutely not, but here is my concern. We already require K-12 education...

  • Obama's middle class 'help' is useless

    Obama's middle class 'help' is useless

    All we hear from President Barack Obama is that he is for the middle class. Well, I consider myself middle class. I am a retired homeowner, so let's see how this pans out for me.

  • Milking the rich is not a solution

    Milking the rich is not a solution

    I was saddened and disappointed to read The Sun's editorial regarding President Barack Obama's State of the Union address ("Mr. Obama's tax plan," Jan. 21).

  • Obama is a socialist, not a 'populist'

    Obama is a socialist, not a 'populist'

    President Barack Obama is a populist? How about cradle-to-grave socialist? There is no area of your life where government will not intrude, impose its will and dissipate any sense of individual responsibility you might have had left ("Obama turns populist in State of the Union speech," Jan. 21).

Comments
Loading
57°