President Barack H. Obama speaks about the U.S. economy, invoking Theodore Roosevelt's "square deal" populism and challenging the Republican belief in trickle-down economic theory. Speaking in Osawatomie, Kansas, the site of Roosevelt's speech, Obama says trickle-down speaks to individualism but "has never worked" and that the nation is at "a make-or-break moment for the middle class." He also promotes his economic priorities, including the extension and expansion of Social Security payroll tax cuts, and says a strong economy starts with education.
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