Obama has been accused of being a flip-flopper for his dubious stands on NAFTA, gun control, FISA, and public campaign financing. I for one don't mind the flip-flopping, if you can call it that. Obama has always claimed to be a pragmatist, not an ideologue. Instead of clinging to very liberal positions to please a narrow base of hardcore activists, he has decided to take more practical positions that will appeal to democrats as well as independents and perhaps disgruntled republicans. If he keeps this pragmatic approach, I think he will get a lot done once he is elected president. Pols in Washington will hopefully learn to take on less partisan and more practical approach to their work as well.
The rich get richer and the poor get poorer. I heard this statement quite a bit lately particularly in light of the sub-prime mortgage and general housing crisis in the US. The country has enjoyed significant economic prosperity and both Clinton and Bush boasted economic growth under their reign. Unfortunately, the beneficiaries of the economic boom are not people from all economic backgrounds, but rather the top 10%. To make things worse, Bush gave tax cuts mainly targeting the top 10%. Being more of a numbers guy, I always wanted showing the validity of the-rich-get-richer-n-the-poor-get-poorer statement. Thanks to Wikipedia , I have finally found it!! Both the mean and median net worth of families for the bottom 50% of the population has remained absolutely flat while the 75th-90th percentile see a decent growth and the top 10% enjoy the most appreciation on their net worth. So, if you factor in inflation, the-rich-get-richer-n-the-poor-get-poorer probably holds true. The g...
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