From Politico:

President Barack Obama — facing a buzz saw of bad news — plans to shift his tone on the economy, ditching dry Explainer-in-Chief policy lectures for a more emotional, more personal approach emphasizing his own family’s hardships, administration officials tell POLITICO.

And now, here’s an exclusive preview of the speech, obtained by The Examiner:

“I was constantly reminded of my difficult childhood as I was attending the most elite school in the State of Hawaii, being raised by my grandmother, a Republican bank vice president…

“Then, at the 2000 Democratic National Convention, my credit card was declined when I tried to rent a car. It wasn’t easy getting by on a $60,000 state Senator’s salary, so I did what any American would do. I found a wealthy businessman named Robert Blackwell to put me on a $8,000 per month legal retainer, and then I earmarked $320,000 in state funds for his business to hold ping pong tournaments.

“I want all Americans, and especially struggling state legislators, to have the same opportunities I did. Therefore, there’s going to be more spending. Oh, and a tax increase, so you can pay for it.”