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Former first lady Michelle Obama speaks at the Obama Foundation Summit at llinois Institute of Technology in Chicago Tuesday. Photo: Scott Olson/Getty Images

Former first lady Michelle Obama drew from her childhood experience of "white flight" in the 1970s South Side of Chicago to highlight discrimination immigrant families now face in the U.S. at the Obama Foundation Summit in the city Tuesday.

I want to remind white folks that y’all were running from us, and you’re still running. Because we’re no different from the immigrant families that are moving in today."
A tweet previously embedded here has been deleted or was tweeted from an account that has been suspended or deleted.

The big picture: Obama made the comments as she appeared with her brother, Craig Robinson, in a wide-ranging discussion with author Isabel Wilkerson, noting that being the first black first family gave America and the world the opportunity "to see the truth of who we are as black people, as other; that we are just as, and often times better than, many of the people who doubt us."

  • In her book, Obama outlines her firsthand experience of the changing demographics in the South Side of Chicago, known as "white flight."
  • She details seeing white families moving out of the urban area as black families moved in — and how the "mere suggestion of it" caused "stable, middle-class families to bail preemptively for the suburbs, worried their property values would drop. 'Ghetto' signaled that a place was both black and hopeless."

Background: Obama has spoken previously about her personal experience of racism, including after becoming America's first black first lady. She writes in her bestselling memoir "Becoming" how she knew she wouldn't get the same "grace" assigned to her white counterparts previously in her role.

Go deeper

28 mins ago - Politics & Policy

Scoop: Biden plan expected to include at least $500B for climate

Photo: Stephanie Keith/Bloomberg via Getty Images

The White House is privately telling lawmakers the climate portion of President Biden's roughly $2 trillion social spending plan is "mostly settled" and will likely cost more than $500 billion, two sources familiar with the talks tell Axios.

Why it matters: A pricetag of $500-555 billion is a huge number and, if it holds, would likely be the single biggest component of the sweeping package. It also isn't far off from the roughly $600 billion proposed when the bill was expected to cost $3.5 trillion.

36 mins ago - World

U.S. presses Gulf countries to help resolve Sudan coup crisis

Jake Sullivan briefs the press. Photo: Chip Somodevilla/Getty

The Biden administration has asked its partners in the Gulf and elsewhere to press the Sudanese generals who carried out a coup on Monday to release captives including Prime Minister Abdallah Hamdok and to reinstate the civilian government, White House National Security Adviser Jake Sullivan said in a press briefing on Tuesday.

Why it matters: The U.S. has limited influence over coup leader Gen. Abdul Fattah al-Burhan and other military leaders, many of whom have close ties to Saudi Arabia and the United Arab Emirates.

Higher prices are the new norm, with no end in sight

Illustration: Aïda Amer/Axios

Companies are making money at record rates thanks in part to customers who are willing to pay higher prices.

Why it matters: In order to keeping that corporate profitability streak going, shoppers should expect sticker prices to stay high or become more expensive well into 2022. Fewer promotions and shallower discounts will also become the norm as inventory levels remain low.