In a recent letter to the editor ("Sun ignores Obama's pathetic mess," June 14), the author chooses to ignore President Barack Obama's 26 consecutive months of job growth, the auto bailout that proved successful, and the stimulus that saved or created millions of jobs (according to the Congressional Budget Office). People like to claim that President Obama is a socialist — while the bankers on Wall Street enjoy big pay raises. Meanwhile, the top executives at America's largest companies are making 343 times more than the average worker while back in the 1970s, the average CEO earned only 28 times more than the average worker. So this is socialism?
Losses are being socialized and gains are being privatized for the wealthiest on Wall Street. A strong middle class is what the United States needs, and once the middle class gets the disposable income that they used to have before "trickle-down economics" became accepted, we will see more jobs being created.
Corey Golden, BaltimoreCopyright © 2014, The Baltimore Sun