Boehner: Obama’s Policies Have Made Income Inequality Worse

‘All the regulations that are coming out of Washington make it more difficult for employers to hire more people’

PELLEY: “Unemployment has fallen to 5.6 percent, gasoline prices are down, the stock markets are up. The economy grew by five percent in the third quarter. That’s the fastest rate in more than a decade. You don’t congratulate the president for that?”
MCCONNELL: “Look, things are getting better. But the point is who is benefiting from this? This has been a top of the income recovery— the so-called one percent that the president’s always talking about have done quite well. But middle and lower income Americans are about $3,000 a year worse off than they were when he came to office.”
PELLEY: “Is income inequality a problem in this country? Is it a problem that Republicans want to address?”
BOEHNER: “It is. And frankly the president’s policies have made income inequality worse. All the regulations that are coming out of Washington make it more difficult for employers to hire more people, chief amongst those, I would argue is Obamacare— which basically puts a penalty or a tax on employers for every new job they create.”

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