Obama calls income inequality 'defining challenge of our time'

Al Jazeera reports: President says rising disparity between wealthy and poor should 'compel' Americans to action

President Barack Obama said Wednesday that he believes America’s "dangerous and growing" income inequality represents the "defining challenge of our time," indicating that he intends to put social mobility at the center of his remaining second-term agenda.

The remarks by the president, who said the issue of inequality "drives everything I do in this office," came during an impassioned speech at an event organized by the Center for American Progress, a Washington, D.C.-based liberal think tank with close ties to the White House.

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