Former President Barack Obama told an assemblage of youth leaders at McCormick Place on Friday that vast changes in the nation and world’s economic structure are needed to deal with artificial intelligence, climate change and income inequality.
“Not only does it relieve hardship, not only does it strengthen our democracy, it can also empower people to be more productive and raise their ambitions and set an example for their children,” he said. “And that benefits all of us and that benefits the economy and that benefits business.” Obama also said growing public support for unionization should lead to action in a nation that saw the percentage of private sector union jobs drop from 33% in the 1950s to 6% currently.
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