Biden To Wall-Street-Friendly Democrats: The Middle Class Comes First [View All]

Vice President Biden today challenged a gathering of Wall-Street-friendly Democrats to join President Obama in making sure that this economic recovery, unlike the last one, actually benefits the middle class.

"I have one question. I have one challenge to you all. What policy steps will once again link productivity growth and middle-class incomes?" Biden asked the audience. "I hope collectively we can find an answer.

"The middle class needs to get its fair share again," Biden said. "It sounds like a trite political slogan, but, folks, the system is not going to work if they do not believe they're getting a fair share commensurate with the effort they put in."

Biden was speaking at the relaunch of the Hamilton Project, a think tank founded by ultimate Wall Street Democrat Robert Rubin to publicly despair about the deficit and other things bankers worry about the most.

So his speech was something of a shot across the bow. <snip>

More and the full text of speech at link: http://www.huffingtonpost.com/2010/04/20/biden-to-wall-street-frie_n_544753.html


Really happy to see this. It's high time we talked about all these 'recoveries' we see that leave the working and middle classes right back in the same spot or slightly further behind than the last crash. And he did it in Rubin's lair!!! Yay, Joe!