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Obama Focuses on Economy, Vowing to Help Middle Class

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Obama Focuses on Economy, Vowing to Help Middle Class

“With this endless parade of distractions and political posturing and phony scandals, Washington’s taken its eye off the ball,” Mr. Obama told an audience at Knox College, in Galesburg, Ill.

“Over the last six months, this gridlock has gotten worse..."

“I’m laying out my ideas to give the middle class a better shot..."

in the last five years “we’ve been able to clear away the rubble of the financial crisis.”

“If we don’t invest in American education, we are going to put our kids, our companies, our workers at a competitive disadvantage...”

“This growing inequality, it’s not just morally wrong, it’s bad economics,” he said. “Because when middle-class families have less to spend, guess what? Businesses have fewer consumers. When wealth concentrates at the very top, it can inflate unstable bubbles that threaten the economy. When the rungs on the ladder of opportunity grow farther and farther apart, it undermines the very essence of America, that idea that if you work hard, you can make it here.”

 

 

 

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