Posts Tagged ‘canter’s deli

24
Jul
14

The President’s Day

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

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

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

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

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President Obama leaves Los Angeles en route to Washington

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See the full interview here

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Nerdy’s post from earlier today:

Income Inequality Is A Problem And President Obama Is Tackling It

Obama GOP

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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

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