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Oh, but the sound bite sounds SO GOOD!! It doesn’t HAVE to include these pesky “facts”, does it?

Oh, but the sound bite sounds SO GOOD!!  It doesn’t HAVE to include these pesky “facts”, does it?

“Obama Calls Income Gap ‘Wrong’ — After Widening It”

http://news.investors.com/ibd-editorials/073013-665705-income-gap-grew-sharply-under-obama.htm#ixzz2af6On2kb

“The president has been decrying the growing gap between rich and poor in the U.S. to help sell his retread tax-and-spend proposals.

…income inequality is a standard trope for liberals, who always use it to advocate more wealth redistribution.

Obama …leaves out…that income inequality has grown faster on his watch than any time in the past two decades…

…University of California economist Emmanuel Saez shows that since the Obama recovery started in June 2009, the average income of the top 1% grew 11.2%…through 2011.

The bottom 99%…saw their incomes shrink…0.4%.

…121% of the gains…during Obama’s recovery have gone to the top 1%. …the top 1% captured 65% of…gains during the Bush expansion…and 45% of the gains under Clinton’s…”

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By Doug

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