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President Obama's interview with Ezra Klein of Vox
This is a two part interview and it's pretty interesting over all. Admittedly I'm only through the first part, but it's worth posting here even with having just made it that far.
In his 2007 book The Audacity of Hope, then-Sen. Barack Obama laid out his theory of America's political and policy problems as it stood on the eve of his first presidential campaign. He worried, he said, about "the gap between the magnitude of our challenges and the smallness of our politics."
On January 23, he sat down with Vox for a wide-ranging interview about his theory of America's political and policy problems as it stands at the beginning of the seventh year of his presidency. What follows is a lightly edited transcript of the first part of the conversation, which focused on domestic policy and politics. You can find the second half, which focuses on America's role in the world, here.
Ezra Klein
The economy is growing. We have very high corporate profits. We have a record stock market. And yet for decades now, we've not been seeing significant wage increases for the American people. How have we gotten to a point where businesses can be doing so well but workers don't necessarily share in that prosperity? 1
Well, this has been at least a three-decade-long trend. And this was a major topic in my State of the Union address. We obviously came in at a time of enormous crisis, and the first task was making sure we didn't have a complete global economic meltdown. The steps we took, whether making sure the financial system was functioning — saving the auto industry, encouraging state and local spending — all those things made a difference in buoying the economy. And then it's been a hard but steady slog to the point where now we're growing at a robust pace and unemployment has come down faster than any time in the last 30 years.
More
On January 23, he sat down with Vox for a wide-ranging interview about his theory of America's political and policy problems as it stands at the beginning of the seventh year of his presidency. What follows is a lightly edited transcript of the first part of the conversation, which focused on domestic policy and politics. You can find the second half, which focuses on America's role in the world, here.
Ezra Klein
The economy is growing. We have very high corporate profits. We have a record stock market. And yet for decades now, we've not been seeing significant wage increases for the American people. How have we gotten to a point where businesses can be doing so well but workers don't necessarily share in that prosperity? 1
Well, this has been at least a three-decade-long trend. And this was a major topic in my State of the Union address. We obviously came in at a time of enormous crisis, and the first task was making sure we didn't have a complete global economic meltdown. The steps we took, whether making sure the financial system was functioning — saving the auto industry, encouraging state and local spending — all those things made a difference in buoying the economy. And then it's been a hard but steady slog to the point where now we're growing at a robust pace and unemployment has come down faster than any time in the last 30 years.
More
Part two: Foreign policy
Watch: The films
