Obama: 'We may surprise cynics again': "
"Anyone claiming that America's economy is in decline is peddling fiction," the president said. "What is true — and the reason that a lot of Americans feel anxious — is that the economy has been changing in profound ways, changes that started long before the Great Recession hit and haven't let up."
He invoked his own remedies for that insecurity: higher minimum wages, improved education for the next generation of workers, stronger pensions, tougher regulation of corporations and a reformed tax system. And he strongly disputed candidates like Donald Trump who point toward illegal immigrants as the source of America's economic woes.
"Food-stamp recipients didn't cause the financial crisis; recklessness on Wall Street did," Obama said. "Immigrants aren't the principal reason wages haven't gone up enough; those decisions are made in the boardrooms that too often put quarterly earnings over long-term returns. It's sure not the average family watching tonight that avoids paying taxes through offshore accounts.""
'via Blog this'
No comments:
Post a Comment