President called inequality the `` defining challenge '' of our time but has downplayed it since . The president said that he would not raise taxes on families making less than $250,000 a year and will instead focus his efforts to help working families. He says Warren is right to emphasize it , and it could be a winning issue for Dems . Early in his administration , President Obama was more determined to move forward with this issue , as was evident with the creation of the Consumer Financial Protection Bureau and his advocacy of pay equity . Zelizer : When GOP has targeted programs like Social Security , it has suffered .
President called inequality the `` defining challenge '' of our time but has downplayed it since . The president said that he would not raise taxes on families making less than $250,000 a year and will instead focus his efforts to help working families. He says Warren is right to emphasize it , and it could be a winning issue for Dems . Zelizer : When GOP has targeted programs like Social Security , it has suffered .