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About why i startdecided to run president in the first place in 2007, 2008. having served as ate senator, having then served as a united states senator, i had had a chance to see how economic policies were hang an effect on working class families and middle class families for a long time. and my wife and i, we came out of hard working families who didn t have a lot. but because the economy was growing, because there was an emphasis on what was good for the middle class, we were able to get a great education. we were able to get scholarsh s scholarships. michelle s dad worked as a blue collar worker but just on that one salary he was able to provide for his family and make sure that they always had enough and the kids had opportunities. and what it seems like was for about a decade there, mide class families were losing more ....
Preexisting condition, which obviously makes families enormously vulnerables. so a set of rules of the road for how companies interact with consumers, how they interact with workers. and then the final thing that we ve tried to do to lay this foundation for long-term economic growth, is to put our investments in those things that are really going tomake us more competitive over the long term. so we have made the largest investment in research and development, in basic research and science, in our history. because that s going to determine whether we can compete with china, india and germany over the long term. are we inventi stuff here that we can then export overseas? we re making investments in our infrastructure because we can t ve a second cla infrastructure and expect to have a first class economy. just an interesting statistic over the last decade, china spends about 9% of its gross ....
Minority leader john boehner says he ll back president obama s tax cut plan if no other option. the president is pushing to extend bush era tax cuts for the middle class, not for people making over $200,000 and for curbing earning more than $ 50,000. expect this issue to dominate congress in the final weeks before the midterm elections. hurricane igor intensified to a category 4 storm with maximum sustained winds of nearly 150 miles an hour. look at this view of the massive storm from space. the nationalhurricane center says igor could reach category five. the most powerful level on the scale used to measure hurricant strength. right now igor is still pretty far outnt the atlantic ocean. in veneela, officials say at least 23 peoplera surved a plane crash in the southeastern part of the country. a plane from a governmentwned airline crashed shortly after taking off with at least 47 people onboard. no word on casualties. a witness w the plane hit power lines before crashing and oedin ....
And that s the day that i got clean. name and angle reporter: flash forward a decade. mays nowwaarriednd a father was studying to become an electrician to better provide for his family. i did something that they said had never been done and that was got 100 on each one of the 12 tests during my first year. reporter: despite this, the city of cincinnati revoked the electrician job offer. this is mays lawyer. the city looked at gene, saw he had two felony convictions in the pastnd said, therefore, you can t work for the city. it dn t care about his rehabilitation. it didn t care that he was ranked number one in his class each of the five years of the electrician s training program. reporter: singleton successfully fought to get cincinnati to ban the box removing the criminal history question from its jobs applications. employers are free to ask the question later in the hiring process. the point is to give ....
Sorry. it s going to add $3 trillion to the deficit. reporter: right. well, long term. interesting, because, you know, this white house will say, look, we can t afford t cuts g fongthe it s going to blloon the rich. deficit. right. they re in favor of tax cuts for the middle class extended without paying for them. that will balloon the deficits well. noxtt as mucas extending tax cuts for the rich. but still balloon the deficit. bottom line, boehner preferred not to move forward on the middle class tax cuts. clearly wants to pass the tax cuts for the rich, but for the first time we re hearing him say, look, if this is a stand alone bill, moving forward. big development for the white house. the challenge for democrats on the hill just coming back to work, a narrow window of a few weeks before they go back to the campaign trail full time. do they bring up the middle class tax cuts, extendingush tax cuts as a stand alone bill and call janor out and give a ....