The Redistribution of Poverty

Posted: Aug 03, 2013 12:00 AM

Far from “spreading the wealth around”, President Barack Obama has been largely successful at adding average Americans to the welfare lines. Arthur Brooks, President of the American Enterprise Institute, joined the program to discuss the impact of the White House’s economic policies.

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Show Prep:

Ezra Klein is an Idiot

Big Three:

Number Three:

Well. . . It’s all about jobs today. And no matter how you cut it, this “recovery” is not exactly humming along. Here’s a Democrat’s perspective of the poor labor market

Number Two:

The big news on the trading floor today is the fact that the CME paused trading briefly this morning after a large trade was placed right before the jobs numbers were released. CNBC’s Steve Liesman reported on the pause

Number One:

Speaking of those Jobs numbers. . . Bloomberg news ran through the details – and yeah. . . It doesn’t scream “Recovery.”

Stocks in the News:

Arthur Brooks, President of the American Enterprise Institute, joins the program to discuss how President Barack Obama’s policies are creating more poverty.

Other News:

Other News:

Obamacare and Jobs: They don’t mix.

Obama meets with congress about government surveillance. Rand Paul was not invited. But Paul shouldn’t worry. . . The President is still listening to him.

Totally creepy.

Harry Reid is an angry, sad, little man.

The full program, from start to finish, for your educational benefit:

Due to technical issues, the first five minutes of the program is not included in this podcast: