The trick is figuring out how do we structure government systems that pool resources, and hence facilitate some [wealth] redistribution, because I actually believe in redistribution, at least at a certain level, to make sure that everybody's got a shot.
Barack ObamaThe notion that we would condition Iran not getting nuclear weapons in a verifiable deal on Iran recognizing Israel is really akin to saying that we won't sign a deal unless the nature of the Iranian regime completely transforms. And that is, I think, a fundamental misjudgment.
Barack ObamaIn America, we've set up a system whereby when you take on college debt, you will never have to pay more than 10 percent of your income in repayments. And what that will do is make sure that you will never be prevented from going to school just because of money. We want to make sure that you and others like you can succeed.
Barack ObamaOur enemies are also seeking the abilities to sabotage our power grid, our financial institutions, our air traffic control systems.
Barack ObamaLet's say I'm on the policy wonk end of the spectrum. As much as I can dive into a briefing book and really work to master various subjects that come before my desk, I'm still not an expert on a huge amount of the stuff that we work on.
Barack ObamaThis kind of inequality - a level that we havenโt seen since the Great Depression - hurts us all. When middle-class families can no longer afford to buy the goods and services that businesses are selling...it drags down the entire economy from top to bottom. America was built on the idea of broad-based prosperity... Thatโs why a CEO like Henry Ford made it his mission to pay his workers enough so that they could buy the cars he made. Itโs also why a recent study showed that countries with less inequality tend to have stronger and steadier economic growth over the long run.
Barack Obama