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Barack Obama: “After the recession, the top 1% of Americans were capturing…”

Featuring: Barack Obama, Democratic | 44th President of the United States | National

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Final Address by President at United Nations General Assembly

Published | Video Starts at 15:14

These are the policies that I've pursued here in the United States. And with clear results. American businesses have created now 15 million new jobs. After the recession, the top 1% of Americans were capturing more than 90% of income growth. But today that's down to about half. Last year, poverty in this country fell at the fastest rate in nearly 50. And with further investment in infrastructure and early childhood education and basic research, I'm confident that such progress will continue. (15:14–15:24)

CLAIM

Asserts that the top 1% of Americans now capture about half of income growth, down from over 90%.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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