The U.S. president said the “dream” seems even more elusive than 50 years ago, it warned of the continuing racial gap especially when it comes to distributing wealth.
“The shadow of poverty casts a shadow over our youth” in many communities across the country, Obama said in his speech to celebrate 50 years of the famous speech “I have a dream” given by King in the march for jobs and freedom in Washington.
“For more than a decade the working Americans of all races have seen their wages and incomes stagnate. While corporate profits have soared, and payments to a fortunate few, inequality has risen steadily,” said the president.
For these reasons Obama believes the “great task is unfinished” and today they have to ensure that the economic system of the United States gives “a fair opportunity to the majority,” adding that the task will “not be easy.”