In an apparent off-the-cuff remark, Wisconsin Rep. Paul Ryan gushed that he thought it was a “cool thing” that an African-American was president. But Ryan’s rapture with President Obama didn’t last past the first sentence. In the next breath he quickly added that he didn’t like much else about Obama. The much else was how much Obama has spent on health, education and job development programs that would help the poor and minorities. That spending has been fiscal heresy for Ryan.

One report on an AP survey shows that the poor are not only getting poorer, they are also more numerous than any time in the last half-century. The other report from the Tax Justice Network finds that the super-rich are not only getting richer, they are also squirreling tens of trillions in offshore tax havens, far outside the reaches of the U.S. and other nation’s tax collectors. Wealthy Americans are amply represented among the offshore tax evaders. This money could bankroll business startups, expand businesses, fatten federal and state tax revenues, and create thousands of new jobs.

It has been months since Le Thi Nu has had breakfast. A street vendor who travels around Hanoi on a bicycle selling plastic slippers, high prices have forced her to cut spending on eating, even though a baguette would cost 15 cents. Standing outside a crowded restaurant on Quan Su Street, where a bowl of soup would cost more than half her monthly income, she finds it difficult to come to terms with the spending of the rich.