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JFK inherited three recessions from the Dwight D. Eisenhower years. And he wound up slashing tax rates across the board, for upper, middle and lower incomes as well as corporate investment. That's Kennedy the Democrat.
I worry that some politicians still think we are living in the 1950s where the man is the main breadwinner and the woman works for pin money. Actually, most families where there are two parents depend on two incomes to get by.
Even now - I'm 35 - I've been in a relationship for 15 years with a guy, and we have two full incomes and no kids, and it's hilarious. We're children, perpetually, because of this rock and roll thing. But it's still so fulfilling.
The precariat faces chronic uncertainty about what to do, about what incomes to expect, about state benefits that might be their due, about their relationships, their homes, and about the occupations they can realistically expect.
What is a danger is that we stay stuck in a new normal where unemployment rates stay high, people who have jobs see their incomes go up, businesses make big profits. But they're learned to do more with less, and so they don't hire.
My highest priority is to make sure we get Americans back to work. And that we have rising incomes again and that we have a deficit reduction program in place that convinces the world that we're on track to having a balanced budget.
It's really Democrats who are fighting for working families and small businesses and trying to address the biggest problems that we have, which are huge disparities in incomes and wealth and money influencing the Democratic process.
This is an exciting time for farmers and ranchers of all types and sizes as agriculture is a bright spot in the American economy. In 2011, agricultural exports hit a record high and producers saw their best incomes in nearly 40 years.
Proponents of the Central America Free Trade Agreement have conveniently ignored this fundamental fact: the effect of trade on incomes in Central America and how to alleviate the adverse consequences of trade liberalization on the poor.
It's common knowledge that professional athletes earn extraordinary incomes. What is less known or understood is how the advent of these riches has seeped into the conscious and unconscious ways in which our society now parents children.
There is nothing inherently fair about equalizing incomes. If the government penalizes you for working harder than somebody else, that is unfair. If you save your money but retire with the same pension as a free-spending neighbor, that is also unfair.
As a matter of comparative, the U.S. citizens - the Puerto Ricans that live in the United States - have much better incomes, more than twice as much, participate in the labor force of greater scales, have better results in the education system, and so forth.
The Bush tax cuts should be extended permanently for families with annual incomes of less than $250,000 and should be phased out slowly for those making more than that. Raising taxes on anyone now, when the economic recovery is so fragile, would be a mistake.
The Labour perspective is often very preoccupied with either the super-rich or those who don't have work - but doesn't have nearly enough to say to those who do have work, on incomes that may not mean they get benefits or tax credits, but are not well off people.
We will be returning to historical levels of inequality. We'll view post-war America as a kind of strange interlude not to be repeated. It won't be the dreams that we all had that virtually all incomes go up in lockstep at three percent a year. It hurts to give that up.
When incomes and bonuses decrease, revenues falter, and businesses stumble, it's more important than ever to give - not necessarily more, but in a way that matters more. When incomes are down and wallets are stretched, the effectiveness of our giving is what really counts.
The bottom line is there are lots of problems that were not created by government. The biggest one is loss of middle class incomes, loss of good-paying jobs which was created by technology and globalization. Above all, when you can move a job to China or India, it reduces wages.
So overall in the entire economy, the issue is not that health care costs are growing dramatically. The issue is that the burden placed on families is. So just between 2010 and 2016, the cost burden of family private insurance premiums jumped 28%, whereas incomes rose less than 20%.
The philosophical point is that our happiness and wellbeing is not based on incomes rising. This is not just the wisdom of sages but of ordinary people. Prosperity is more social and psychological: it's about identification, affiliation, participation in society and a sense of purpose.
Although everyone does benefit from lower-priced goods and services, people also care greatly about the chance to be productively employed and the quality of their work. Declining employment opportunities feel real and immediate; the rise in real incomes brought by lower prices does not.
The argument of socialists, that people really want to share, beyond a reasonable level of charity, is rubbish, though it is espoused by a lot of rich, pious hypocrites who want to share only enough to avoid widespread starvation, mob violence, and government seizure of more of their incomes.
U.K. aid spending in India is that it ensures that we are able to work with our partners to develop their markets, business and enterprise, to boost labour standards and rights and, ultimately, to boost the incomes of the poorest which, in the long term, boosts demand for British goods and services.
Governments should end the extreme concentration of wealth in order to end poverty. This means tackling tax dodging but also increasing taxes on wealth and high incomes to ensure a more level playing field and generate the billions of dollars needed to invest in healthcare, education, and job creation.
It became clear I wanted to be a development economist. I mean, I said I wanted to work on the economics of poor countries. And I'd actually say that I don't think that was so much about narrowing the gap as about increasing their incomes, which means economic growth, which is really my prime interest.
At a time when the GOP is playing games with the debt limit, a member of the Supreme Court is refusing to recuse himself from matters he has a financial interest in, and middle class incomes are stagnant, many want to change the subject. I don't. This was a prank, and a silly one. I'm focused on my work.
As long as women are in the work force making their own money and decisions, men are going to have to realize that this way of life is here to stay - because it takes two incomes to make it and more now. The sooner you address your style of saving and spending with your mate the better off your relationship will be.
Politicians have patronised and talked down to us all when it comes to our economy, but ordinary working people have to manage on incomes significantly lower than the likes of George Osborne and his friends in the City. They could teach the bankers and many commentators a thing or two about managing a budget responsibly.
At the time of my second marriage, my husband was in his early 50s, I was in my mid-40s, and we each had two kids. We maintained our individual accounts and opened one for the house. We each kick the same percentage of our incomes into the house account and have a joint credit card. But we pay for our children separately.
I will not accept a new wave of fiscal retrenchment, of belt-tightening, without asking people at the top to make their contribution, to make an additional contribution. I don't think you can ask people on middle and low incomes, who, after all, are the vast majority of the British population, to bear the brunt of this adjustment.
I want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250,000 - the same rate we had when Bill Clinton was president; the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.
In the 40 years I've been working as an economist and investor, I have never seen such a disconnect between the asset market and the economic reality... Asset markets are in the sky, and the economy of the ordinary people is in the dumps, where their real incomes adjusted for inflation are going down and asset markets are going up.
With President Trump, we see income growth in states like Iowa, Ohio, Pennsylvania, Wisconsin, Nevada, Florida - wing states that went to Trump in 2016 because he promised not to forget about them, like the establishment had done for decades. And their trust in President Trump quite literally paid off as they saw their incomes rise.
It's all very well for us to sit here in the west with our high incomes and cushy lives, and say it's immoral to violate the sovereignty of another state. But if the effect of that is to bring people in that country economic and political freedom, to raise their standard of living, to increase their life expectancy, then don't rule it out.
Next-generation networks are hard to build. It takes a lot of money and effort to lay fiber, install wireless infrastructure, build satellite earth stations, and more. It also requires a reasonably certain business case for deployment, which is all too often hard to prove in parts of the country with sparse population and/or lower incomes.
We have legislated to protect the public from tax rises and guarantee incomes for pensioners, so enshrining in law more protections for consumers, commuters and investors is possible. Enshrining these rights into law would mean that any future government which wanted to reverse this would have to go through the primary legislative process.
Most high-income people in our country do not realize that their incomes are being subsidized by their protection from competition from highly skilled people who are prevented from immigrating to the United States. But we need such skills in order to staff our productive economy, so that the standard of living for Americans as a whole can grow.