Obama: America's G-20 Voice One of 'Bold Action'

The transcript discusses America's economic achievements, including job growth and wage increases, and highlights the interconnected nature of global economies. It emphasizes the need for the G20 to focus on inclusive growth, reducing inequality, and ensuring that globalization and technological progress benefit everyone. The G20 summit committed to using policy tools to promote robust growth, creating opportunities for young people and the middle class.

What significant economic achievement has America accomplished since early 2010?

• Decreased wages by 3%

• Doubled the unemployment rate

• Created over 15 million new jobs

• Increased inflation rate

Why is it important for global economies to work together according to the G20 process?

• To increase inflation

• To sustain global economic growth

• To reduce technological progress

• To isolate national economies

What is one of the goals for the G20 in terms of economic inequality?

• To increase inequality

• To maintain current inequality levels

• To reduce inequality faster

• To ignore inequality issues

What commitment was made at the G20 summit regarding economic growth?

• To disregard globalization benefits

• To focus solely on technological progress

• To promote robust, inclusive growth

• To limit opportunities for the middle class

How should the benefits of globalization and technological progress be distributed according to the G20 summit?

• Concentrated among a few

• Shared broadly among workers and families

• Limited to technological sectors

• Focused only on young people