Israeli Ambassador Clarifies and Sets the Record Straight on Operations Epic Fury and...
Oh My God, Please Fire This Secret Service Agent Already
This State Might Soon Require Police to Check Immigration Status After Arrests
Momentous Abortion Defunding Victory Against Planned Parenthood
Chuck Norris Is Dead, So You Already Know How the Left Is Reacting
Iran's Kharg Island Is Looking More Like a Target
This Is How Democrats Will Take Revenge on Trump If They Win the...
Color Us Shocked: NBC News Caught Lying About Secretary Hegseth's Comments to Families...
Kids Are Collateral Damage in New York's War on Charter Schools
Jillian Michaels Destroyed a Body Positivity Activist With Science
CBS News Radio Is Signing Off for Good
Michigan Senator Elissa Slotkin Is Still Blocking DHS Funding
Victor Davis Hanson Compares President Trump to Winston Churchill As He Faces the...
Democrat Is Shocked to Learn CA Bans Voter ID Requirements
Democrats Likely Won’t Vote for Delilah’s Law. Here’s Why They Undeniably Should.
OPINION

Inequality worsens under Obama, reaches historic high

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Inequality worsens under Obama, reaches historic high

What you won't hear from Barack Obama in Tuesday's State of the Union address is the truth about Benghazi, or the IRS's continued targeting of conservatives and Tea Party groups, or the disasters behind the roll out of ObamaCare, or an admission that his economic policies have failed to lead a recovery, or an explanation as to why he green-lighted Iran's nuke ambitions, etc., etc., etc.

Advertisement

What you will hear is a lot about income inequality; "the defining challenge of our time" as he calls it.

If he really believes that it is such a big issue, then he needs to explain why he has failed so miserably with that one, too.

According to Gallup 67 percent of Americans are dissatisfied with the way income and wealth are currently distributed in the U.S. Barack Obama is an adept enough populist to talk about what significant majorities of Americans want to hear, especially at a time when a growing number of voters are unhappy with him.

After all, this is the same Barack Obama who guaranteed anxious millions "if you like your health care plan you can keep it. Period." He has no problem telling you what you want to hear; he just has a problem delivering.

However, even Obama's normally adoring media can't ignore the facts. "But of course, income inequality has actually gotten much worse under Obama's watch," wrote the folks at MSN Money this week in anticipation of Tuesday's SOTU speech. Median household income fell 4.4 percent during Obama's first term in office, they also pointed out.

If you're compelled to listen to the SOTU on Tuesday night as I feel obligated to do, just remember the following graph courtesy ofInvestor's Business Dailyand John Merline.

Advertisement

As indicated income inequality has increased faster under Obama than either Bill Clinton or George W. Bush, and is now at the highest level since the Census Department began recording data in 1947. Actually, under Bush – who Obama loves to vilify – there was no net increase at all.

Importantly, Merline cites official government data from the government's Gini Index. These are the Obama Administration's numbers.

Merline concludes that the policies Obama "is pushing now have either had little impact on inequality or have provided few benefits to those they're supposed to help." He then provides a summary review of many of those policies, the full text of which can be found here. It's an important read.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement