Unlimited Access. Try it Today! Your First 10 Days Always $0.99

Readers Respond

News Opinion Readers Respond

Under Obama, wealthy are living well

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, Baltimore

Copyright © 2015, The Baltimore Sun
Related Content
  • Free community college is a bad idea
    Free community college is a bad idea

    Free community college is another poorly thought idea from President Barack Obama ("Obama turns populist in State of the Union speech," Jan. 21). Am I against opening up the opportunity for many who cannot afford college? Absolutely not, but here is my concern. We already require K-12 education...

  • It's not the size of the government that's the problem
    It's not the size of the government that's the problem

    Some believe the central political issue of our era is the size of the government. They're wrong. The central issue is whom the government is for.

  • If the economy isn't as rosy as it should be, blame the GOP [Letter]
    If the economy isn't as rosy as it should be, blame the GOP [Letter]

    Commentator Peter Morici's recent column on President Barack Obama's job numbers is a real flight of fancy ("The economy under Obama is not as rosy as numbers suggest," Oct. 7).

  • How Republicans are ruining America
    How Republicans are ruining America

    On the national level, the cost of citizens not voting is quickly becoming apparent. Economically, the seeds of the next recession have been sown by the Republican weakening of financial controls so once again the greedy of Wall Street can gamble on dangerous financial derivatives with failure...

  • Regulate the banks
    Regulate the banks

    Dan Rodricks' recent column attributing amnesia to our Congress and president for dispensing with the requirement that big banks refrain from making risky investments with taxpayers' deposits was right on target ("For too many in Washington, a phantom recession," Dec. 21).

  • Milking the rich is not a solution
    Milking the rich is not a solution

    I was saddened and disappointed to read The Sun's editorial regarding President Barack Obama's State of the Union address ("Mr. Obama's tax plan," Jan. 21).

  • Mr. Obama's tax plan
    Mr. Obama's tax plan

    It's a pretty safe bet that Congress is not going to react to President Barack Obama's State of the Union address by immediately turning around and agreeing to his priorities like free community college and mandatory sick leave. When was the last time any presidential initiative got that kind of...

  • Obama's middle class 'help' is useless
    Obama's middle class 'help' is useless

    All we hear from President Barack Obama is that he is for the middle class. Well, I consider myself middle class. I am a retired homeowner, so let's see how this pans out for me.

Comments
Loading

72°