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September 17, 2013

Obama Acknowledges Growing Gap Between Rich and Poor 
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Two years after the Occupy movement brought widespread attention to the
gap between the richest 1 percent and the 99 percent, that gap is wider
than ever. University of California researchers recently revealed 95
percent of income gains since the recession ended have gone to the top
one percent. On Sunday, ABC's George Stephanopoulos asked President
Obama about that gap.

George Stephanopoulos: "Ninety-five percent of the gains to the top one
percent. That is so striking."

President Obama: "It is. And the folks at — in the middle and at
the bottom haven't seen wage or income growth, not just over the last
three, four years, but over the last 15 years."

 

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