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What drags down our entire economy is when there's an ever-widening chasm between the ultra-rich and everybody else.
Barack Obama
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Interpretation

What this quote means

Economic inequality harms everyone by creating a divide between the wealthy and the rest of the population.

In this quote, Barack Obama highlights the detrimental effects of income inequality on the economy. He suggests that the growing gulf between the ultra-rich and the rest of society leads to systemic issues that can impede economic growth and stability, impacting overall societal well-being.

Themes

InequalityEconomyWealthRichPoor

In practice

Example use cases

During a speech on economic reform, one might use this quote to emphasize the need for policies addressing income disparities.

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We've had every official in Hawaii, Democrat and Republican, every news outlet that has investigated this, confirm that, yes, in fact, I was born in Hawaii, Aug. 4, 1961, in Kapiolani Hospital.
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Quote by Barack Obama | QuoteProject