The Nation editorialized about the Presidents
The president called out the Republicans, whose deregulatory, anti-tax mania brought us the “you’re on your own” economy and whose solution to the crisis is more of the same. Perhaps most important, he made an argument about inequality—not just on moral terms, although there was plenty of that, but on economic ones as well. As long as middle-class Americans can’t buy the goods and services that businesses are selling, he explained, the entire economy will drag. It was the speech Obama should have given years ago; it took the Occupy movement to make him do it. The Nation January 2012 [bold added]The President, September 15 2009.
But here's the problem. Even before this last financial crisis, the economy had problems. Just last week, a Census report came out showing that in 2008, before the downturn, family income fell to its lowest point in over a decade, and more families slid into poverty. Folks at the top 1 percent did pretty good. Everybody else saw their wages and income flat. That's unacceptable. And I refuse to let America go back to the culture of irresponsibility and greed that made it possible -- (applause) -- back to an economy with soaring CEO salaries and shrinking middle class incomes; back to the days when banks made reckless decisions that hurt Wall Street and Main Street alike. (Applause.) We're not going to go back to those days. It would be bad for unions, bad for the middle class, and bad for the United States of America. We're not turning back. We're moving forward. (Applause.) The President, September 15 2009.There are many other examples that can be found by intrepid researchers who will bother to look at the list of speeches at www.whitehouse.gov.
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