HUD's mission is to provide decency and sanitary housing for low and moderate income people in this country.
America is a place where you can be born into a low-income household but still lift yourself up, and it doesn't matter what color you are.
It's very difficult to change your approach to how you see yourself when you suddenly get divorced. And you have to think again, over the next few years, how you're going to earn your income, how you're going to run your life. You have to identify as a single mother rather than as part of a family.
Income inequality has made having kids, much like getting a quality college education, a rich person's privilege.
Income inequality has become so prevalent in the U.S. that examples of its negative impact on the middle class are as common as Kanye West saying something cringeworthy in the media.
Income inequality and government corruption are both unfortunate realities in the United States.
In Europe, you would almost never have people with large amounts of income being happy with a two-volume vehicle like a hatchback or a minivan. They want to structurally show their societal position, which is why three volumes are so popular. They show 'I'm part of that hierarchy.'
The fact is that one of the earliest lessons I learned in business was that balance sheets and income statements are fiction, cash flow is reality.
We vetoed five income tax increases during my time as governor. We cut business taxes $2.3 billion, and we cut regulation by one-third of what my predecessor put in place.
I had a couple come in with a negative amortization mortgage on a house that costs way too much relative to their income. They're consuming real estate, not investing in it.
