Ms. magazine  -- more than a magazine a movement

SIGN UP FOR MS. DIGEST, JOBS, NEWS AND ALERTS

FEMINIST WIRE NEWSBRIEFS

ABOUT
SEE CURRENT ISSUE
SHOP MS. STORE
MS. IN THE CLASSROOM
FEMINIST DAILY WIRE
FEMINIST RESOURCES
PRESS
JOBS AT MS.
READ BACK ISSUES
CONTACT
RSS (XML)
 
feminist wire | daily newsbriefs

December-06-13

President Obama Discusses Income Inequality, Calls for Change

In a speech Wednesday, President Barack Obama discussed the US economy and the Affordable Care Act, and he called for changes to reduce the growing income inequality in the US.

"I believe this is the defining challenge of our time: Making sure our economy works for every working American," he said.

President Obama highlighted several facts about income inequality - for example, the fact that the bottom 20 percent of income levels has less than a 5 percent chance of making it to the top income levels - before calling for several changes. He discussed closing corporate tax loopholes, discarding incentives to send jobs overseas, and increasing the federal minimum wage to $10.10 from the current $7.25.

An increase in the federal minimum wage would be especially beneficial for women and families, who make up 64 percent of all workers earning minimum wage or less. Senator Tom Harken (D-Iowa) and Representative George Miller (D-CA) introduced the Fair Minimum Wage Act of 2013 in March, but it is currently sitting in a congressional committee awaiting approval.

President Obama also discussed leaving behind stereotypes of low-income people and workers in order to have more productive dialogue. "We have to reject a politics that suggests any effort to address it in a meaningful way somehow pits the interests of a deserving middle class against those of an undeserving poor in search of handouts," he said.

Media Resources: Associated Press 12/4/13; Feministing 12/5/13; Ms. magazine blog 12/5/13; Mother Jones 2/14/13; Feminist Newswire 3/5/13; Govtrack.us


© Feminist Majority Foundation, publisher of Ms. magazine

If you liked this story, consider making a tax-deductible donation to support Ms. magazine.

 

 

Send to a Friend
Their
Your
Comments
(optional)


More Feminist News

10/20/2014 North Carolina Board of Elections Eliminates On-Campus Voting Sites Across the State - North Carolina will begin state-wide early voting on Thursday, and unlike the 2012 presidential election, many students across the state will have no polling place on-campus, making it more difficult for students to exercise their right to vote. The North Carolina State Board of Elections recently eliminated the only on-campus voting location for the University of North Carolina at Charlotte, a campus with more than 20,000 students. . . .
 
10/20/2014 Jay Leno Receives Mark Twain Prize, Salutes Mavis and Her Work for Women's Rights - Former long-time host of "The Tonight Show" Jay Leno saluted his wife, Mavis, for her work on behalf of women's rights around the world when he was awarded the Mark Twain Prize for American Humor this weekend at The Kennedy Center in Washington, DC. The Mark Twain prize is awarded for comedic achievement, and the event, where Leno performed a monologue and paid tribute to the many comedians he has worked with throughout his career, brought together supporters of the The John F. . . .
 
10/20/2014 Justice Ruth Bader Ginsburg Slams Supreme Court for Upholding Voter Suppression in Texas - Justice Ruth Bader Ginsburg issued a blistering dissent after a ruling by the US Supreme Court this weekend threatened to disqualify more than half a million Texas voters from early voting. In an unsigned order Saturday, a majority of the Supreme Court sided with a Texas law requiring voters to produce specific forms of photo identification in order to cast a ballot in the 2014 election. . . .