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In reply to the discussion: Obama Says Income Gap Is Fraying U.S. Social Fabric [View all]hay rick
(9,702 posts)Not. In the end, he will fight for trade agreements that continue to undermine American wages while settling for excuses on a DOA proposal to raise the minimum wage.
From the point of view of the middle class, the story of the Obama presidency is that he seized the easy electoral advantage of being less bad than his rabid anti-99% Republican opponents. He has been content to manage the economic decline of average Americans while his feckless opponents offered plans to accelerate that decline.
It's very sad that President Obama is just now acknowledging that declining incomes is the real economic challenge that we face, not saving misbehaving banks and coddling "job creators." Hopefully he can get savvy advice from Mr. Geithner and Mr. Summers on how to deal with his new challenge.