http://www.opednews.com/populum/linkframe.php?linkid=142414 President Obama, in one of his most expansive speeches to date, declared on Tuesday that supply-side economics is a failure and called âgaping inequalityâ across the country a moral shortcoming that is distorting American democracy. Obamaâs speech in Kansas was not just another attack on Congress, or a plea to pass his jobs bill. He did not roll out a new, snappy slogan â such as telling the audience that âwe canât waitâ to enact new laws. 4142 Comments Weigh InCorrections? inShare Video President Obama is taking aim at the nation's income disparities, declaring that the middle class faces a 'make or break moment.' (Dec. 6) Graphic Track how Obama is spending his time Instead, Obama delivered a searing indictment of Republican economic theory, setting the stage for the coming presidential campaign. Summoning the image of a populist Theodore Roosevelt â in the same town (Osawatomie) where Roosevelt delivered a famous speech on economic fairness in 1910 â Obama deployed the language of right and wrong, fairness and unfairness, in a lengthy address that aides said he largely wrote himself. The theory of âtrickle down economics,â which holds that greater wealth at the top generates jobs and income for the masses below, drew some of Obamaâs harshest criticism.