“There was a woman in Iowa who shared her story of financial struggles, and he gave her an answer right out of an economic textbook. He said, “Our productivity equals our income.” And the notion was that somehow the reason people can’t pay their bills is because they’re not working hard enough. If they got more productive, suddenly their incomes would go up. Well, those of us who’ve spent time in the real world — (laughter) — know that the problem isn’t that the American people aren’t productive enough — you’ve been working harder than ever. The challenge we face right now, and the challenge we’ve faced for over a decade, is that harder work has not led to higher incomes, and bigger profits at the top haven’t led to better jobs,” – President Barack Obama