Economy

    President Obama Promises Unilateral Action to Reduce Income Inequalityi
    X
    January 29, 2014 1:42 PM
    In his annual State of the Union Address to Congress President Barack Obama promised to use executive powers to help the middle class and the poor and reverse a widening income gap between the rich and poor. VOA’s Brian Padden reports that while low wage workers may like what the president is proposing, his conservative critics say measures like imposing a higher minimum wage is bad for business and acting without Congressional approval is bad for democracy.

    President Obama Promises Unilateral Action to Reduce Income Inequality

    Published January 29, 2014

    In his annual State of the Union Address to Congress President Barack Obama promised to use executive powers to help the middle class and the poor and reverse a widening income gap between the rich and poor. VOA’s Brian Padden reports that while low wage workers may like what the president is proposing, his conservative critics say measures like imposing a higher minimum wage is bad for business and acting without Congressional approval is bad for democracy.


    You May Like

    US Lawmakers Vow to Continue Immigrant Program for Afghan Interpreters

    Congressional inaction threatens funding for effort which began in 2008 and has allowed more than 20,000 interpreters, their family members to immigrate to US

    Brexit's Impact on Russia Stirs Concern

    Some analysts see Brexit aiding Putin's plans to destabilize European politics; others note that an economically unstable Europe is not in Moscow's interests

    US to Train Cambodian Government on Combating Cybercrime

    Concerns raised over drafting of law, as critics fear cybercrime regulations could be used to restrict freedom of expression and stifle political dissent