President Obama said that if economic prescriptions of the type he supports to increase economic growth and reduce “income inequality” are not adopted, then race relations in the United State may deteriorate further.
“If we don’t do anything, then growth will be slower than it should be. Unemployment will not go down as fast as it should. Income inequality will continue to rise,” Obama said in an interview published Sunday by the New York Times. “Racial tensions won’t get better; they may get worse, because people will feel as if they’ve got to compete with some other group to get scraps from a shrinking pot. If the economy is growing, everybody feels invested, ” he said. ------ Obama said Americans in recent decades have lost a sense of security, feeling that a chance at upward mobility is being denied them.