Archive for July 24th, 2014

24
Jul
14

A Laugh Or Two

****

****

Continue reading ‘A Laugh Or Two’

24
Jul
14

The President’s Day

@petesouza: President Obama greets an enthusiastic customer at Canter’s delicatessen in LA today

• • •

• • •

President Obama is introduced by Katrice Mubiru at Los Angeles Trade Technical College

• • •

• • •

• • •

• • •

• • •

People cheer and wave as President Obama leaves Canter’s Deli after a surprise appearance to meet with people who wrote him letters

• • •

@petesouza: President Obama acknowledges the crowd after speaking at LA Trade-Technical College

• • •

President Obama leaves Los Angeles en route to Washington

• • •

See the full interview here

• • •

Nerdy’s post from earlier today:

Income Inequality Is A Problem And President Obama Is Tackling It

Obama GOP

• • •

Zachary A. Goldfarb: Don’t Think Obama Has Reduced Inequality? These Numbers Prove That He Has.

Today, the average after-tax income of a member of the top 1 percent of earners is $1.12 million. The average after-tax income of someone in the bottom 20 percent is $13,300. That means the average person at the top takes home 84 times the income that the average person in the bottom takes home. Now, consider what it would be like if none of President Obama’s tax policy changes had happened: not the upper-income tax hikes negotiated at the beginning of last year, not the upper-income tax increases imposed by the Affordable Care Act, not the low-income tax credits enacted in the 2009 stimulus and later renewed.

In this alternative universe, the average member of the top 1 percent would take home $1.2 million, or 6.5 percent more in income, according to a new analysis. The average member of the bottom 20 percent would bring home $13,100, or 1.2 percent less in income. As a result, the average member of the 1 percent would take home 91 times what the average person in the bottom would bring home. If you’ve wondered whether Obama has made any headway at reducing income inequality, here’s evidence that he has. Based on tax policy alone, he has slightly increased the income of the poor and more significantly reduced the income of the rich.

More here

• • •

24
Jul
14

A Tweet Or Two

****

****

****

Continue reading ‘A Tweet Or Two’

24
Jul
14

President Obama Speaks on the Economy, Los Angeles

4:25 EDT: President Obama Speaks on the Economy, Los Angeles

Also at White House Live (streaming has started)

24
Jul
14

Income Inequality Is A Problem And President Obama Is Tackling It

Obama GOP

• • •

Zachary A. Goldfarb: Don’t Think Obama Has Reduced Inequality? These Numbers Prove That He Has.

Today, the average after-tax income of a member of the top 1 percent of earners is $1.12 million. The average after-tax income of someone in the bottom 20 percent is $13,300. That means the average person at the top takes home 84 times the income that the average person in the bottom takes home. Now, consider what it would be like if none of President Obama’s tax policy changes had happened: not the upper-income tax hikes negotiated at the beginning of last year, not the upper-income tax increases imposed by the Affordable Care Act, not the low-income tax credits enacted in the 2009 stimulus and later renewed.

In this alternative universe, the average member of the top 1 percent would take home $1.2 million, or 6.5 percent more in income, according to a new analysis. The average member of the bottom 20 percent would bring home $13,100, or 1.2 percent less in income. As a result, the average member of the 1 percent would take home 91 times what the average person in the bottom would bring home. If you’ve wondered whether Obama has made any headway at reducing income inequality, here’s evidence that he has. Based on tax policy alone, he has slightly increased the income of the poor and more significantly reduced the income of the rich.

More here

• • •

obama_sign_of_progress

24
Jul
14

Chat Away

@Astro_Alex: My saddest photo yet. From #ISS we can actually see explosions and rockets flying over #Gaza & #Israel




@BarackObama

@WhiteHouse

@FLOTUS

@blog44

@PeteSouza

Enter your email address to receive notifications of new posts by email.

@TheObamaDiary

@NerdyWonka

@DaRiverZkind

@Lib_Librarian

@amk4obama

@zizii2

@Our4thEstate

Categories

Archives

Blog Stats

  • 27,864,182 hits

WH Flickr

P102414PS-0492

P093014PS-0758

P080414PS-0073

P080414PS-0299

P080514LJ-0109

P080514PS-0515

P080514PS-0621

P080514CK-0099

P080514PS-1046

P080514PS-1173

More Photos