President Obama’s inaugural speech: “Our country cannot succeed” without addressing economic disparity

In his second inaugural address, President Obama directly commented on the issue of economic disparity in the U.S. Hear his comments here:
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Here’s the transcript of his remarks:

“For we, the people, understand that our country cannot succeed when a shrinking few do very well and a growing many barely make it. We believe that America’s prosperity must rest upon the broad shoulders of a rising middle class. We know that America thrives when every person can find independence and pride in their work; when the wages of honest labor liberate families from the brink of hardship. We are true to our creed when a little girl born into the bleakest poverty knows that she has the same chance to succeed as anybody else, because she is an American, she is free, and she is equal, not just in the eyes of God but also in our own.”

Within the President’s comments is the suggestion that we are NOT being “true to our creed,” since that little girl doesn’t have the same chance to succeed. What, if anything, can or should be done to meet the President’s goal? Please share your thoughts and suggestions.