Because of the internet and communications, the clash of cultures is much more direct. People feel, I think, less certain about their identity, less certain about economic security.
Barack ObamaI want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250,000 - the same rate we had when Bill Clinton was president; the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.
Barack ObamaIn 2010 there were a lot of folks who were still out of work. There were a lot of folks who had lost their homes or saw their home values plummet, their 401k's plummet.
Barack ObamaIf we canโt puncture some of the mythology around austerity, politics or tax cuts or the mythology thatโs been built up around the Reagan revolution, where somehow people genuinely think that he slashed government and slashed the deficit and that the recovery was because of all these massive tax cuts, as opposed to a shift in interest-rate policy - if we canโt describe that effectively, then weโre doomed to keep on making more and more mistakes.
Barack Obama