In his 2012 State of the Union address, President Obama called economic inequality "the defining issue of our time," reminding his audience that upper-class incomes were skyrocketing and working class opportunities were fading long before the Great Recession toppled the "house of cards."
He echoed this concern in his inauguration speech in Washington, DC last month, saying, "For we, the people, understand that our country cannot succeed when a shrinking few do very well and a growing many barely make it."
As Obama prepares to address the nation again Tuesday evening, he will do so with the knowledge that American income inequality now rivals that of many developing economies. In fact, the inequality level of Topeka, Kansas, just over an hour away from where Obama's mother Ann was born, is almost identical to that of Kenya, the country where his father was born.
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