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President Obama calls for action to remedy profound income inequality in the US

US President Barack Obama has called for action to remedy what he described as profound income inequality and a lack of social mobility in the US.
Nkiruka Ezeibe reports that president Obama has called for a rise in the minimum wage and for stronger collective bargaining laws, among other measures.
President Obama said his embattled healthcare overhaul would ease one part of American families’ financial struggle.
Mr Obama’s approval ratings have dropped in recent weeks amid that law’s failed rollout.
While acknowledging the political difficulty of passing any such government action with a divided and bitter Congress, Mr Obama’s speech in Washington DC gave a broad overview of economic themes for the rest of his term, analysts say.

Meanwhile, Several states and cities have raised their own minimum wages, most recently New Jersey and Washington DC.

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