{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Obama heralds success of \u0026#39;middle class economics\u0026#39;' data-url='/boclips/videos/5c54bcabd8eafeecae12e617' data-video-url='/boclips/videos/5c54bcabd8eafeecae12e617' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nObama heralds success of \u0026#39;middle class economics\u0026#39;\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eUS President Barack Obama declared Tuesday night that the \"shadow of crisis\" has passed America and urged Congress to build on economic gains by raising taxes on the wealthy, during the 6th State of the Union address.\"So the verdict is...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eUS President Barack Obama declared Tuesday night that the \"shadow of crisis\" has passed America and urged Congress to build on economic gains by raising taxes on the wealthy, during the 6th State of the Union address.\u003cbr/\u003e\"So the verdict is clear. Middle-class economics works,\" said Obama, heralding a national economic revival. \u003cbr/\u003eHe appealed for \"better politics\" in Washington and pledged to work with Republicans, even while vowing to veto their efforts to dismantle his signature achievements.\u003cbr/\u003e\"We can't put the security of families at risk by taking away their health insurance or unravelling the new rules on Wall Street or re-fighting past battles on immigration when we've got to fix a broken system,\" Obama said. \u003cbr/\u003e\"And if a bill comes to my desk that tries to do any of these things, I will veto it.\"\u003cbr/\u003eIn a direct challenge to Republican economic ideology, Obama called for increasing the capital gains rate on the wealthy.\u003cbr/\u003eA large part of the billions in new taxes and fees would be used for measures aimed at helping the middle class.\u003cbr/\u003e\"Will we accept an economy where only a few of us do spectacularly well?\" Obama asked. \"Or will we commit ourselves to an economy that generates rising incomes and chances for everyone who makes the effort?\"\u003cbr/\u003eEven before the president's address, Republicans were balking at his proposals and painting a far less rosy picture of the economy.\u003cbr/\u003eWashington, DC - 20 January 2015\u003cbr/\u003e1. US President Barack Obama at lectern\u003cbr/\u003e2. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"America, for all that we've endured; for all the grit and hard work required to come back; for all the tasks that lie ahead, know this:  The shadow of crisis has passed, and the State of the Union is strong.\"\u003cbr/\u003e3. Cutaway of applause\u003cbr/\u003e4. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"We can't put the security of families at risk by taking away their health insurance, or unravelling the new rules on Wall Street, or re-fighting past battles on immigration when we've got to fix a broken system.  And if a bill comes to my desk that tries to do any of these things, I will veto it, it will have earned my veto.\"\u003cbr/\u003e5. Various cutaways of Democratic lawmakers applauding\u003cbr/\u003e6. House Republicans sitting in chamber\u003cbr/\u003e7. Wide of Obama at lectern\u003cbr/\u003e8. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"We've seen the fastest economic growth in over a decade, our deficits cut by two-thirds, a stock market that has doubled, and health care inflation at its lowest rate in fifty years.\" \u003cbr/\u003e9. Cutaway of applause\u003cbr/\u003e10. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"This is good news, people. (laughter and applause) So the verdict is clear. Middle-class economics works.  Expanding opportunity works. And these policies will continue to work, as long as politics don't get in the way.\"\u003cbr/\u003e11. Cutaway of lawmakers \u003cbr/\u003e12. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"It's now up to us to choose who we want to be over the next fifteen years, and for decades to come. Will we accept an economy where only a few of us do spectacularly well? Or will we commit ourselves to an economy that generates rising incomes and chances for everyone who makes the effort?\"\u003cbr/\u003e13.Various shots of lawmakers applauding\u003cbr/\u003e14. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"I have no more campaigns to run, (applause and laughter). My only agenda... I know, cause I won both of them.\"\u003cbr/\u003e15. Democratic lawmakers applauding\u003cbr/\u003e16. SOUNDBITE (English) Barack Obama, US President:\u003cbr/\u003e\"I commit to to every Republican here tonight that I will not only seek out your ideas, I will seek to work with you to make this country stronger.\"\u003cbr/\u003e17. 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