Although another issue took center stage, President Obama did, in fact, talk a bit about economics in yesterday’s ND commencement speech:
This generation, your generation is the one that must find a path back to prosperity and decide how we respond to a global economy that left millions behind even before the most recent crisis hit — an economy where greed and short-term thinking were too often rewarded at the expense of fairness, and diligence, and an honest day’s work.
Too many of us view life only through the lens of immediate self-interest and crass materialism; in which the world is necessarily a zero-sum game. The strong too often dominate the weak, and too many of those with wealth and with power find all manner of justification for their own privilege in the face of poverty and injustice. And so, for all our technology and scientific advances, we see here in this country and around the globe violence and want and strife that would seem sadly familiar to those in ancient times.
You can read the entire trascript here