Admittedly, I can see how you think he's saying something else. But why even raise "redistribution of income/wealth" to begin with on his part?
He was talking about Civil Rights, not the economy in general. The 'redistribution of wealth' in question, is in reference to how African Americans are still by & large saddled with a lot of poverty, and how they should escape that-- How do they 're-distribute' the wealth in this culture, to improve their own fortunes & eliminate that discrepancy of wealthy vs poor?
Lester, what would you say to those in the African-American community, who want to know what is the best way to escape poverty & achieve greater success & influence in the US?
I think you'd say 'the law is what it is, treats everybody equally --- stop demanding hand-outs or special entitlements, liberties, etc, from the courts, and put some real work
into obtaining wealth & influence in the private sector.' -- just what Obama suggests for the community, in this quote.
Also-- Loki, I do understand that Obama wants to raise taxes on the higher earners in the US & you disagree with that-- you think it is a bad policy, and you have valid reasons. I know at least one small business-owner whose taxes would go up under Obama.. but I also know he makes a luxury product I, in the middle class, do not own & cannot afford but would love to have-- but perhaps could afford, with my own lowered taxes.
But you can't apply this quote to that tax policy, because it's not really what he was discussing.