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Obama Asks American's To 'Set Aside Belief That Government Can't Fix Inequality'

Obama Asks American's To 'Set Aside Belief That Government Can't Fix Inequality'

PRESIDENT OBAMA: Third, we need to set aside the belief that government cannot do anything about reducing inequality. It’s true that government cannot prevent all the downsides of the technological change and global competition that are out there right now — and some of those forces are also some of the things that are helping us grow. And it’s also true that some programs in the past, like welfare before it was reformed, were sometimes poorly designed, created disincentives to work, but we’ve also seen how government action time and again can make an enormous difference in increasing opportunity and bolstering ladders into the middle class.

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