To hear administration officials tell it, the “fourth quarter” of the Obama presidency will be focused on economic growth and what the president calls “middle-class economics.” Brian Deese, senior advisor to the president on climate and energy, emphasized this at a Friday breakfast with reporters sponsored by the Christian Science Monitor.

“We are in a moment where we are seeing durable momentum in the economic recovery,” said Deese. “One of our key questions is how can we—as an administration, the executive branch and the president—position ourselves to be maximally effective at encouraging increased economic growth, but also growth where the benefits are broadly shared.”