That knocked many people out of the middle. And even though we are years into an economic recovery a lot of americans who consider themselves middle class continue to struggle to pay their bills and save money for retirement or send theirs kids to school. And that struggle adds power to preliminary pledges to help people whose incomes have gone almost nowhere in years. Bear that in mind as you listen to Hillary Clinton speaking recently in iowa. We need a tax system that makes the wealthy pay more and does not tax the middle class. Im the only candidate running in either party who will tell you my goal, my pledge is to raise incomes not taxes on the middle class. And thats what i think we should be doing. Forget for a moment that president s have very little ability to raise incomes. Lets focus instead on clintons pledge not to raise taxes on the middle class. That involves defining who exactly is in the middle class. Clintons definition is one that barack obama used when he campaigned
Terrible start to the year. Selling is university but today, stocks got hit more than the average stock. The problem is the world has too much oil, its a glut, thats why its so cheap. While that helps consumers, it devastates countries trying oproduce it. Saudi arabia has opened the spigot in an effort to hobble iranian oil which will flow soon once sanctions are lowered. And while the economy can take low prices for a couple of years, not true for nigeria where the economy is being hurt by cheap oil and wants an emergency session of opec to try to negotiate a price like. And chinas economy, far too much companies are at risk of going under. Money was so easy by Central Banks for so long that countries were able to borrow money that shouldnt have been able to borrow money, and they may not be able to pay that money back. Reporter so is there a perfect price point for oil that will keep motorists happy but not risk global recession william. Nobody knows what exact optimum price is but s
Dont want to say i was suicidal, but i was thinking about it. How Virtual Reality is helping soldiers with. Ptsd. A look back at an os oscar winn. The life and career of Robin Williams. A standoff tonight in iraq. A fight for control and power. The president of iraq has nominated a new Prime Minister but the current Prime Minister refuses to go. This evening president obama says he supports a change in leadership as the u. S. Steps up its military there, jane arath reports from err bool. Erbil. Haider alabadi is from Prime Minister nouri almalikis dower party. He has 30 days to form a new government but maliki isnt leaving without a fight. Maliki now a care taker Prime Minister maintains he got largest number of votes. He says the constitution daicts dictates he should be Prime Minister again. Telgt them not to worry he would prevail. I know that some of you in the armed forces are worried, just like i assured you yesterday, here i am assuring you again today. Dont worry, make this poi
Frozen rain and sleet may be a bigger factor. Run ragged trying to get the lights back on. Half an inch, you should expect widespread outages. The urn is concerned about the release of 65 prisoners in afghanistan. It should be of no concern. Stand on stage with these. My life has been to make a success of the gift that i have. We beginning with losing power, another fears storm has left 3 quarters of a million customers in the northeast in the dark. Power outages can persist long after storms pass. Janet taboni reports, it seems were powerless against our aging power grid. If you are watching this, you probably didnt lose power. Many americans are in the dark. And wealth related outages cost between 18 and 30 billion a year, quite a range. Despite efforts to upgrade the aging power grid, millions of americans lose power each year due to weather. Over 7 million in Hurricane Sandy alone. Just put them underground. That way ice, high winds, falling trees, cant get to them. But unfortunate