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Authors, sign in!Many citizens are both nervous and eager to hear the "State of The Union Address" by President Barack Obama. Some say that his first year was spent correctly. He worked diligently to get relevant bills passed and correct the economy, and others say, " he did nothing".
What do you say?
Well, According to the Huffington Post, "On Tuesday night's Daily Show, bailout watchdog and financial reform advocate Elizabeth Warren told Jon Stewart that "this is really the moment" that will determine the future of America's middle class -- the system must be fixed or "the game really is over."
| The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
| Elizabeth Warren | ||||
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Warren, who chairs the Congressional Oversight Panel created to monitor TARP, said:
"It is simple. This is America's middle class. We've hacked at it and chipped at it and pulled on it for 30 years now. And now there's no more to do. Either we fix this problem going forward or the game really is over."
Wow!
According to the Huffington Post, "In recent months, Warren has repeatedly warned that America's middle class is on the verge of collapse. In an essay for the Huffington Post last December, she raised the possibility: "America without a strong middle class? Unthinkable, but the once-solid foundation is shaking." A few days later, she told MSNBC's Mika Brzezinski "We are at serious risk in America of having 'middle class' no longer synonymous with the old notions of security and solid, but instead meaning living one paycheck to the next, living one bad diagnosis or pink slip away from financial collapse."
My thoughts..
Are we truly on the verge of being non-existent? Has the middle class seen it's last glory days? What are your thoughts and how can we fix it?
To read more about Elizabeth Warren on John Stewart, click here.
To read her essay, click the link above.
Published January 27, 2010 by Tatiana McKinney |
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| Tags:
Barack Obama
Economy
Middle Class
