Obama identified the need for a level economic playing field as "the defining issue of our time" in his State of the Union address Tuesday night, according to early excerpts of his speech made available to the press.
"No challenge is more urgent. No debate is more important," the president said. "We can either settle for a country where a shrinking number of people do really well, while a growing number of Americans barely get by. Or we can restore an economy where everyone gets a fair shot, everyone does their fair share, and everyone plays by the same set of rules." [emphasis added]Read it at The Huffington Post
State Of The Union Address 2012: Obama Calls Income Inequality 'The Defining Issue Of Our Time'
by Alexander Eichler
Map: U.S. Ranks Near Bottom on Income Inequality
The U.S., in purple with a Gini coefficient of 0.450, ranks near the extreme end of the inequality scale. Looking for the other countries marked in purple gives you a quick sense of countries with comparable income inequality, and it's an unflattering list: Cameroon, Madagascar, Rwanda, Uganda, Ecuador.