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Obama: Time to Help Middle-Class Americans


President Barack Obama
President Barack Obama

U.S. President Barack Obama said it's time to "do more to restore the link between hard work and growing opportunity for every American."

In his weekly address Saturday, the president reiterated economic points he made in his State of the Union address earlier this week.

Obama said with a much improved economy, the country now has to choose what it wants the future to look like. He asked the question, "Will we accept an economy where only a few...do spectacularly well? Or will we commit ourselves to an economy that generates rising incomes and rising chances for everyone who makes the effort?"

The president said the country can afford to do the things to help the middle class "by closing loopholes" in the tax code that he says "stack the decks for special interests and the superrich, and against responsible companies and the middle class."

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