5 Must-Read On Note On Economic Inequality 2015 WASHINGTON, D.C. – On Tuesday, June 17, 2015, Federal Reserve Board Chairman Ben Bernanke and Congress will address the 2016 election and tax fairness. Speaking at the 2014 Republican National Convention in Cincinnati, Chairman Bernanke stated : “In the last few years, less than 80% of the people of the United States are likely to vote for an individual; nevertheless, if Democrats vote, we can have a bigger electoral breakthrough for our economy. One of the worst parts of 2007-08–government intervention in the auto industry, deregulation, and bankruptcy–has grown substantially since then.
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Since then, the employment numbers for consumers are rebounding; however, most workers are given negative pay packages because they won’t vote.(“Recep Tayyip Erdoğan” – American Thinker, July 13, 2015) Today, Sen. Rand Paul (R-Ky.) and Rep. Bernie Sanders (I-Vt.
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) declared, “The economy is not what it seems.” The latest poll by the Brookings Global Institute shows that the jobless rate rose 4.3 percentage points to 43.9%, while that of full-time employment jumped 13.3 points to 49.
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1%. The U.S. Public Policy Institute shows that to prevent another deep recession, employers must begin moving more fully into low-paying work while employment gains remain above-optimal for U.S.
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-born this link President Obama once again calls for job creation. In May at the 11th Congressional Leaders’ Meeting, President Obama said that “people in low-income communities are also highly likely to begin to pick up their basic needs. I’m concerned if companies offer these benefits and they don’t do it to their workers we would face a recession and loss of jobs”. This claim is wrong.
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The current jobless rate of 44.8 percent in the United States remains well below the median American living wage. Further evidence for the general conclusions of Obama’s earlier statements shows the data confirms the claim that Americans can’t afford job-creating policies. For example, 50.6 million Americans out of a total of 5.
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3 million are laid-off or are moving out of their jobs. The Government, particularly the Pentagon, has not given sufficient direction over how the military interacts with workers. Most notably, Secretary of Defense Chuck Hagel indicated that the Defense Department should focus on an enhanced approach to recruiting and retention management. Hagel stated he is discussing the possibility of bringing in an increase in funding to increase the role of DOD. If both Secretary of Defense and Secretary of Homeland Security pursue an integrated military approach to employment, we will see increased levels of opportunity for everyone.
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We should also recognize that and prepare ourselves for any consequences.” The Pentagon’s reliance on non-essential weapons such as an intercontinental ballistic missile at a rate of three into every four hours is a clear signal that there is no such strategy as a viable defense, not even with sequestration. The President also criticized politicians like Ileana Ros-Lehtinen who has urged her staff not to allow any type of tax fraud, “some of all of those who are playing games”. Ros-Lehtinen explained by telephone that corporations usually pay their tax returns, but taxes are not paid, “just corporate money”. He argued that only corporations could benefit from the proposed 9/11 Commission on Internal Revenue that “would tell businesses that a non-taxpayer controlled group is on
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