On the recordJanuary 7, 2014
last month the President of the United States gave a speech on what has come to be known by the code words ``income inequality,'' which means different things to different people. He also talked about a very important aspect of that, and that is upward income mobility. In other words, we want to make sure that somebody who goes to work in a restaurant bussing tables can work their way up the income and education ladder to where they can actually own their own restaurant and create jobs and opportunities for other people. The President called it ``the defining challenge of our time.'' Well, the timing, coming as it has, one might be forgiven from wondering whether the President and his allies want to change the subject from ObamaCare. We know that the rollout of ObamaCare has been an unmitigated disaster, and, frankly, there is more to come. We can certainly understand why the President might want to change the subject. But while he is changing the subject, Republicans should embrace the challenge of discussing this: What are the policies that have resulted in income inequality and insufficient upward mobility when it comes to jobs in America? Of course, the President, you might predict, has talked about his proposed solutions, which are creating more government programs and more spending, including up to $6 billion of money that we have to borrow from China and our other creditors just to extend the unemployment insurance program by 3 months.…
Source
govinfo.gov




