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"CARTER: MIDDLE CLASS TODAY RESEMBLES PAST'S POOR"
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WhiskeyGirl
Monkey All Star Jr.
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Posts: 7754
"CARTER: MIDDLE CLASS TODAY RESEMBLES PAST'S POOR"
«
on:
October 08, 2013, 08:32:33 AM »
Thank you Barack Obama. Ruling class or massive poverty.
Quote
OAKLAND, Calif. (AP) -- Former President Jimmy Carter said Monday that the income gap in the United States has increased to the point where members of the middle class resemble the Americans who lived in poverty when he occupied the White House.
Carter offered his assessment of the nation's economic challenges Monday at a Habitat for Humanity construction site in Oakland - the first of five cities he and wife Rosalynn plan to visit this week to commemorate their three-decade alliance with the international nonprofit that promotes and builds affordable housing.
The recent economic downturn revealed that families living in even comparatively well-off, but expensive regions like the San Francisco Bay Area are economically insecure, he said.
"Even in one of the wealthiest parts of the world there is a great deal of foreclosures and now a great deal of people who are fortunate to own their own houses owe more on them than the houses are worth in the present market, and that's all changed in the last eight years," Carter said during an exclusive interview with The Associated Press.
Quote
On Tuesday, the former president and first lady are scheduled to help renovate homes in a section of Silicon Valley that has remained immune to the wealth generated by the high-tech industry. After that, they intend to travel to Denver, New York and Union Beach, N.J., where they will help rebuild homes wiped out by Hurricane Sandy.
The Carters have so much good for Habitat. I wonder if they'll show up in shoes and clothing that cost thousands and then jet off for million dollar vacations?
"I don't think it's getting any better."
read more here -
http://hosted.ap.org/dynamic/stories/U/US_JIMMY_CARTER_HABITAT?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-10-07-23-47-05
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
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