President Obama addressed the House Democratic Issues Conference in Philadelphia on Thursday evening.
PRESIDENT OBAMA: What we know is middle-class economics works. That's been the history of this country. That's been the history of the last six years when we've implemented middle-class economics. And the other side was telling us this would be a disaster, and it would kill jobs and raise the deficit, health care costs would explode. And none of that happened. That's pretty rare where you have two visions, a vigorous debate, and then you test who’s right -- and the record shows that we were right and middle-class economics does work.
So the bottom line is this: We've got to make sure it continues to work. We should protect the progress we're making.