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Obama: ‘Dangerous and growing inequality’ has jeopardized middle class

Here are two minutes of the key points from the speech President Obama gave Wednesday on economic mobility and the Affordable Care Act. (Video: Sarah Parnass/The Washington Post)
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President Obama on Tuesday bemoaned growing income inequality and declining economic opportunity, sounding the populist economic themes that he has invoked at critical moments in his presidency.

“There’s a dangerous and growing inequality and lack of upward mobility that has jeopardized middle-class America’s basic bargain: that if you work hard, you have a chance to get ahead,” Obama said at an event hosted by the left-leaning Center for American Progress at an arts and education center in Southeast Washington.