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"Middle-class economics" is working: Obama

Saturday, January 24, 2015 - 01:43

In his weekly address, President Obama shares his plan outlined in his State of the Union speech - to give hardworking families the support they need. Rough Cut (no reporter narration).

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ROUGH CUT (NO REPORTER NARRATION) In this week's address, U.S. President Barack Obama shares his plan, outlined in his State of the Union address on Tuesday (January 20), to give families the support they need. "Will we accept an economy where only a few of us do spectacularly well? Or will we commit ourselves to an economy that generates rising incomes and rising chances for everyone who makes the effort?" Obama asked. The President says he's focused on policies which "benefit the middle class" and hardworking Americans. "Middle class economics means building the most competitive economy in the world by building the best infrastructure, opening new markets so we can sell our products around the world, and investing in research so that businesses keep creating good jobs right here," he said. The President is proposing closing loopholes that benefit the wealthy and providing tax relief to the middle class. He says he hopes to make two years of community college free for students, and says he's focusing on paid leave in the workforce and access to quality child care for working families. Middle-class economics is working, he says, but there is still progress to be made.

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"Middle-class economics" is working: Obama

Saturday, January 24, 2015 - 01:43