Wednesday, January 29, 2014

Obama's Underwhelming Plan to Tackle Inequality - Lynn Stuart Paramore

If you were wanting something that takes on inequality in America the way Lyndon B. Johnson took on poverty in his 1964 State of the Union address, you did not find it tonight.

Obama's plans include include raising wages to $10.10 for people making a miserly $7.25, the current Dickensian minimum. Oh, wait, he's only talking about federal contract wages. OK, really only some of them. And only the new ones.

An income of $10.10 per hour falls short of a living wage. The plan does not even match the boldness of conservative California businessman Ron Unz, who wants to raise the minimum to $12 because he doesn’t like having to pay for all the social welfare programs people have to rely on when they get paid squat.

If you were wanting something bold and butt-kicking, something that takes on inequality in America the way Lyndon B. Johnson took on poverty in his 1964 State of the Union address, you did not find it tonight.

You didn't hear about expanding Social Security, a sensible plan supported by Sen. Elizabeth Warren and others. You didn't hear about getting to full employment (but you did hear some conservative rhetoric about how unemployment is really about workers not having the right skills, which has been repeatedly debunked). 

You didn't hear about bringing justice to criminal bankers who prey on hard-working Americas. You didn't hear about asking the rich to pay their fair share in taxes, or putting a financial transaction tax on Wall Street, or backing off the grotesque Trans-Pacific Partnership, or ending too-big-to-fail, or taking real action to get the money out of politics.

The full article is available here