Income inequality

Presidential message: http://www.nytimes.com/2013/07/28/us/politics/obama-says-income-gap-is-fraying-us-social-fabric.html?pagewanted=all  OBAMA- NYT interview

GALESBURG, Ill. — In a week when he tried to focus attention on the struggles of the middle class, President Obama said in an interview that he was worried that years of widening income inequality and the lingering effects of the financial crisis had frayed the country’s social fabric and undermined Americans’ belief in opportunity….Upward mobility, Mr. Obama said in a 40-minute interview with The New York Times, “was part and parcel of who we were as Americans.”…“And that’s what’s been eroding over the last 20, 30 years, well before the financial crisis,” he added.

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