“But what you’ve also seen is a trend in the United States but also around the world in which even when the economy grows, it tends to benefit a lot of people at the very top, but the vast majority of people, they don't benefit as much. And you're starting to see bigger and bigger gaps in inequality and in wealth and in opportunity. And that's true not just in the United States, it's true in Europe; it's long been true in parts of Asia; it's been true in Latin America. And I believe that economies work best when growth and development is broad-based, when it's shared -- when ordinary people, if they work hard and they take responsibility, they can succeed. Not everybody is going to be rich, but everybody should be able to live a good life. Not everybody is going to be a billionaire, but everybody should be able to have a nice home and educate their children and feel some sense of security.”

—  Barack Obama

2014, Young Southeast Asian Leaders Initiative Town Hall (April 2014)

Adopted from Wikiquote. Last update Sept. 30, 2023. History

Help us to complete the source, original and additional information

Do you have more details about the quote "But what you’ve also seen is a trend in the United States but also around the world in which even when the economy grow…" by Barack Obama?
Barack Obama photo
Barack Obama 1158
44th President of the United States of America 1961

Related quotes

Rosa Luxemburg photo
Ben Shapiro photo
José Saramago photo
Bernie Sanders photo

“The difficulty that we have, and I don't mean to be rude here, is that we have a president who is a pathological liar. So, could it be true? I guess it could be. Is it likely to be true? Probably not. And I think what happens in our own country and around the world, people don't believe much of what Trump says, and when you lie all the time, the problem is sometimes when you're telling the truth that people are not gonna believe you.”

Bernie Sanders (1941) American politician, senator for Vermont

Today, NBC, quoted in * 2020-01-10

Sen. Bernie Sanders slams Trump as 'pathological liar'

Adam Edelman

NBC News

https://www.nbcnews.com/politics/2020-election/sen-bernie-sanders-slams-trump-pathological-liar-n1113416
2010s, 2020

Margaret Thatcher photo
Barack Obama photo
George Soros photo

“The main obstacle to a stable and just world order is the United States. This is a harsh — indeed, for me, painful — thing to say, but unfortunately I am convinced it is true.”

George Soros (1930) Hungarian-American business magnate, investor, and philanthropist

Prologue, p. xvi
The Age of Fallibility (2006)
Context: The main obstacle to a stable and just world order is the United States. This is a harsh — indeed, for me, painful — thing to say, but unfortunately I am convinced it is true. The United States continues to set the agenda for the world in spite of its loss of influence since 9/11, and the Bush administration is setting the wrong agenda. The Bush agenda is nationalistic: it emphasizes the use of force and ignores global problems whose solution requires international cooperation. The rest of the world dances to the tune the United States is playing, and if that continues too long we are in danger of destroying our civilization. Changing the attitude and policies of the United States remains my top priority.

Edmund Burke photo
Richard Nixon photo

Related topics