On the recordFebruary 7, 2012
Mr. Speaker, thank you very much for the opportunity to share with those folks that are watching C-SPAN--and hopefully there are many--some of the issues that really confront America today. We just heard an hour discussion on the fate of the American family, and it comes at that issue from one specific point of view and one specific section of the total problem, and that has to do with the issue of marriage and how we define marriage here in the United States. But there's also another way to, and other very, very important issues that define the fate of the American family. And I'd like to take that issue up tonight in the context of the economy. The American family is faced with many, many challenges. One of the most significant challenges is income, jobs. How can the American family make it in America today? What does it take for an American family to make it? One of the most compelling charts that I've seen over these last several months is this one, which really describes the fate of the American family compared to the fate of the top 1 percent of Americans. We've seen an enormous shift in the income and the wealth in America over the last 30 years, largely because of governmental policies. This blue line indicates how well the superwealthy are doing. They've seen nearly a 370 percent increase in their annual income. Their wealth would see a similar enormous increase. Down here on the bottom are the rest of Americans, the other 99 percent.…





