President Obama, in remarks about the economy today, said,
The combined trends of income inequality and decreasing (economic) mobility pose a fundamental threat to the American dream, our way of life, and what we stand for around the globe.
He then called for — drum roll – a higher minimum wage, repeal of the sequester, and extension of unemployment compensation benefits. And he stressed that Obamacare will boost the economy.
It doesn’t appear to have dawned on the president yet that we’re entering the sixth year of the Obama presidency.