Obama Calls Income Gap ‘Wrong’ — After Widening It

“The Census Bureau’s official measure of income inequality — called the Gini index — shows similar results. During the Bush years, the index was flat overall — finishing in 2008 exactly where it started in 2001.  It’s gone up each year since Obama has been president and now stands at all-time highs. It’s worth underscoring that the growing income gap under Obama isn’t the result of the rich getting fabulously richer. Nor is it any sort of indictment of ‘trickle down’ economics. Instead, it is the direct result of Obama’s historically weak economic recovery, which has left the rest of the country falling behind while the wealthy have managed to make gains.”

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

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