Mr Obama said people were angry because Wall Street had not been “following the rules”. His vice-president even compared the movement on Thursday to the Tea Party, the conservative movement which has upended national politics in the past two years.
“The core [of the protest] is: the bargain has been breached. The American people do not think the system is fair, or on the level,” Mr Biden said.
Underlying the protests, and the administration’s response, is the stubbornly stagnant economy that continues to sap voter confidence and challenge politicians.
On McPherson Square in Washington near the White House, the motley crew of protesters are lashing out in different directions, from corporate greed to the ballooning deficit to, above all, the political class.
Read more here: White House feeds off protest anger
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