4 The following is an excerpt from a speech President Obama

Last updated: 6/15/2023

4 The following is an excerpt from a speech President Obama made in 2011 when describing the economic collapse of 2008 But for most Americans the basic bargain that made this country great has eroded Long before the recession hit hard work stopped paying off for too many people Fewer and fewer of the folks who contributed to the success of our economy actually benefited from that success Those at the very top grew wealthier from their incomes and their investments wealthier than ever before But everybody else struggled with costs that were growing and paychecks that weren t and too many families found themselves racking up more and more debt just to keep up How does President Obama s description of the economy in 2008 compare to the description of America in 1890 presented in both the Populist Party platform and the speech by Mary Elizabeth Lease above Is it similar or different Cite textual evidence to support your claims