Obama tells rich: Keep your fancy homes

President Barak ObamaIn an interview with The Economist last week the President said when he brings up income inequality, he’s not trying to “stir class resentment” like his political opponents say.

“Feel free to keep your house in the Hamptons and your corporate jet … I’m not concerned about how you’re living,” he said.

However, he said he obsesses with the fact that under his watch those at the top are getting a larger and larger share of the economy, whereas middle-class and working-class families are stuck.

“Their wages and incomes are stagnant. They’ve been stagnant for almost two decades now,” he said.

Read More At Reuters.