Pres. Barack Obama: You have an economy that is ruthlessly squeezing workers and imposing efficiencies that make our flat-screen TVs really cheap but also puts enormous downward pressure on wages and salaries. That’s making it more and more difficult not only for African-Americans or Latinos to get a foothold into the middle class but for everybody—large majorities of people—to get a foothold in the middle class or to feel secure there. ... I will measure myself at the end of my Presidency in large part by whether I began the process of rebuilding the middle class and the ladders into the middle class, and reversing the trend toward economic bifurcation in this society.” newyorker/reporting/2014/01/27/140127fa_fact_remnick
Posted on: Thu, 23 Jan 2014 17:00:00 +0000
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