Political Musings October 12, 2014: Raising minimum wage not unemployment extension top issue for Obama in midterms

POLITICAL MUSINGS

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

OP-EDS & ARTICLES

Raising minimum wage not unemployment extension top issue for Obama in midterms

By Bonnie K. Goodman

President Barack Obama has decided to make raising the minimum wage the key issue for the midterm elections in order to help the Democrats maintain control of the Senate. This past week President Obama has brought up…READ MORE

Full Text Obama Presidency October 11, 2014: President Barack Obama’s Weekly Address: America Is a Place Where Hard Work Should Be Rewarded on Raising the Minimum Wage — Transcript

POLITICAL TRANSCRIPTS


OBAMA PRESIDENCY & THE 113TH CONGRESS:

Weekly Address: America Is a Place Where Hard Work Should Be Rewarded

Source: WH, 10-11-14

WASHINGTON, DC — In this week’s address, the President made the case for why it’s past time to raise the minimum wage. Increasing the national minimum wage to $10.10 an hour would benefit 28 million Americans, and make our economy stronger. While Republicans in Congress have blocked this commonsense proposal, a large and growing coalition of state and local leaders and owners of businesses large and small have answered the President’s call and raised wages for their residents and employees. This progress is important, but there is more that can be done. No American who works full time should have to raise a family in poverty. That’s why the President will continue to push Congress to take action and give America its well-deserved raise.

The audio of the address and video of the address will be available online at www.whitehouse.gov at 6:00 a.m. ET, October 11, 2014.

Remarks of President Barack Obama
Weekly Address
The White House
October 11, 2014

Hi, everybody.  For the first time in more than 6 years, the unemployment rate is below 6%.  Over the past four and a half years, our businesses have created more than 10 million new jobs.  That’s the longest uninterrupted stretch of private sector job creation in our history.

But while our businesses are creating jobs at the fastest pace since the ‘90s, the typical family hasn’t seen a raise since the ‘90s also.  Folks are feeling as squeezed as ever.  That’s why I’m going to keep pushing policies that will create more jobs faster and raise wages faster – policies like rebuilding our infrastructure, making sure women are paid fairly, and making it easier for young people to pay off their student loans.

But one of the simplest and fastest ways to start helping folks get ahead is by raising the minimum wage.

Ask yourself: could you live on $14,500 a year?  That’s what someone working full-time on the minimum wage makes.  If they’re raising kids, that’s below the poverty line.  And that’s not right.  A hard day’s work deserves a fair day’s pay.

Right now, a worker on the federal minimum wage earns $7.25 an hour.  It’s time to raise that to $10.10 an hour.

Raising the federal minimum wage to ten dollars and ten cents an hour, or ten-ten, would benefit 28 million American workers.  28 million.  And these aren’t just high schoolers on their first job.  The average worker who would benefit is 35 years old.  Most low-wage workers are women.  And that extra money would help them pay the bills and provide for their families.  It also means they’ll have more money to spend at local businesses – which grows the economy for everyone.

But Congress hasn’t voted to raise the minimum wage in seven years.  Seven years.  And when it got a vote earlier this year, Republicans flat-out voted “no.”  That’s why, since the first time I asked Congress to give America a raise, 13 states, 21 cities and D.C. have gone around Congress to raise their workers’ wages.  Five more states have minimum wage initiatives on the ballot next month.  More companies are choosing to raise their workers’ wages.  A recent survey shows that a majority of small business owners support a gradual increase to ten-ten an hour, too.  And I’ve done what I can on my own by requiring federal contractors to pay their workers at least ten-ten an hour.

On Friday, a coalition of citizens – including business leaders, working moms, labor unions, and more than 65 mayors – told Republicans in Congress to stop blocking a raise for millions of hard-working Americans. Because we believe that in America, nobody who works full-time should ever have to raise a family in poverty.  And I’m going to keep up this fight until we win.  Because America deserves a raise right now.  And America should forever be a place where your hard work is rewarded.

Thanks, and have a great weekend.

Political Musings October 6, 2014: Long-term jobless rate remains high Obama, Boehner ignore unemployment extension

POLITICAL MUSINGS

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

OP-EDS & ARTICLES

Long-term jobless rate remains high Obama, Boehner ignore unemployment extension

By Bonnie K. Goodman

The main headline for the September jobs report released on Friday, Oct. 3, 2014 was for the first time in six years the unemployment rate is under six percent, coming in at 5.9 percent. What was lost in the…READ MORE

Political Musings October 5, 2014: Obama praises September jobs report pitches raising minimum wage in midterm push

POLITICAL MUSINGS

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

OP-EDS & ARTICLES

Obama praises September jobs report pitches raising minimum wage in midterm push

By Bonnie K. Goodman

The economy is rebounding, the September jobs report released on Friday, Oct. 3, 2014 shows that for the first time in six years the unemployment rate is under six percent, coming in at 5.9 percent. President Barack Obama did…READ MORE

Political Musings October 5, 2014: GOP make midterms referendum on Obama, as president refocuses on the economy

POLITICAL MUSINGS

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

OP-EDS & ARTICLES

GOP make midterms referendum on Obama, as president refocuses on the economy

By Bonnie K. Goodman

With just a month to the midterm elections, President Barack Obama decided to help the Democrats, and ultimately himself by delivering a speech about the state of the economy on Thursday, Oct. 2, at Northwestern University’s Kellogg School…READ MORE

Full Text Obama Presidency October 3, 2014: President Barack Obama’s Town Hall on Manufacturing at Millennium Steel — Transcript

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 113TH CONGRESS:

Remarks by the President at a Town Hall on Manufacturing

Source: WH, 10-3-14 

Millennium Steel
Princeton, Indiana

2:17 P.M. CDT

THE PRESIDENT: Hello, everybody! Hello, Indiana! It’s good to be back close to home. Everybody have a seat, have a seat.

Well, first of all, let me thank Henry and everybody for extending such a warm welcome. It’s good to be back in Indiana. A couple people I just want to acknowledge very quickly: Your Mayor, Bob Hurst. Where did Mayor Hurst go? (Applause.) He was here just a second — there he is right there. Give him a big round of applause. (Applause.) We’ve got your former Congressman, Brad Ellsworth, in the house. Say hi to Brad. (Applause.)

It is great to be back in Indiana. It’s great to be in Princeton. And I want to thank Millennium Steel for hosting us here today. I’m here because you might have heard that today is National Manufacturing Day. You don’t get the day off on National Manufacturing Day. (Laughter.) But factories like this one, all over the country, are opening their doors to give young people a chance to understand what opportunities exist in manufacturing in 21st century in the United States of America. So I figured, what better place to celebrate Manufacturing Day than with a manufacturer?

And instead of giving a long speech, what I want to do today is just have a conversation with folks about what’s happening in the American economy, what’s happening in your lives, what’s happening in manufacturing, and to talk a little bit about how we can continue to build an economy that works for everybody, that gives everybody who’s willing to work hard a chance.

And I wanted to do that here because, in some ways, American manufacturing is powering the American recovery. This morning, we learned that last month, our businesses added more than 236,000 jobs. (Applause.) The unemployment rate fell from 6.1 percent to 5.9 percent. (Applause.) What that means is that the unemployment rate is below 6 percent for the first time in six years. (Applause.) And we’re on pace for the strongest job growth since the 1990s — strongest job growth since the 1990s. Over the past 55 months, our businesses have now created 10.3 million new jobs. (Applause.)

Now, that happens to be the longest uninterrupted stretch of job growth in the private sector in American history. And all told, the United States has put more folks back to work than Europe, Japan, and all other advanced economies combined. All combined, we put more folks back to work right here in the United States of America. (Applause.)

So this progress that we’ve been making, it’s been hard, it goes in fits and starts, it’s not always been perfectly smooth or as fast as we want, but it is real and it is steady and it is happening. And it’s making a difference in economies all across the country. And it’s the direct result of the best workers in the world, the drive and determination of the American people, the resilience of the American people bouncing back from what was the worst financial crisis since the Great Depression — and it’s also got a little bit to do with some decisions we made pretty early on in my administration.

So, just to take an example, many of you know that the auto industry was really in a bad spot when I came into office. And we decided to help our automakers to rebuild, to retool, and they’re now selling new cars at the fastest rate in about eight years. And they’re great cars, too. (Applause.) And that’s helped a lot of communities all across the Midwest. And that’s just one example of what’s been happening to American manufacturing generally.

About 10, 15 years ago, everybody said American manufacturing is going downhill, everything is moving to China or other countries. And the Midwest got hit a lot harder than a lot of places because we were the backbone of American manufacturing. But because folks invested in new plants and new technologies, and there were hubs that were created between businesses and universities and community colleges so that workers could master and get trained in some of these new technologies, what we’ve now seen is manufacturing driving economic growth in a way we haven’t seen in about 20-25 years.

Because of the efforts that we’ve made, manufacturing as a whole has added about 700,000 new jobs. It’s growing twice as fast as the rest of the economy. New factories are opening their doors. More than half of manufacturing executives have said they’re actively looking to bring jobs back from China. Our businesses are selling more goods overseas than any time in our history. And the reason this is important is not just because of some abstract statistic. Manufacturing jobs have good pay and good benefits.

And they create a ripple effect to the whole economy because everybody who’s working here at Millennium Steel, because you’re getting paid well, because you’ve got decent benefits, that means that the restaurants in the neighborhood are doing better. It means you can afford to make your mortgage payments and buy a new car yourself, and buy some new appliances. And you get a virtuous cycle in which all businesses are doing better.

To most middle-class folks, the last decade was defined by those jobs going overseas. But if we keep up these investments, then we can define this decade as a period, instead of outsourcing, insourcing — bringing jobs back to America. And when you ask business executives around the world, what’s the number-one place to invest their money right now, for a long time it was China. Today they say, the best place to invest money is here in the United States of America. Here in the United States of America. (Applause.)

So there is a lot of good stuff happening in the economy right now. But what we all know is, is that there’s still some challenges — there’s still some challenges — because there are still a lot of families where somebody in the family is out of work, or isn’t getting as many hours as they want. There are still a lot of folks who, at the end of the month, are having trouble paying the bills. And wages and incomes have not moved up as fast as all the gains we’re making in jobs and productivity. Too much of the growth in income and wealth is going to the very top; not enough of it is being spread to the ordinary worker.

And that means that we’ve still got some more work to do to put in place policies that make sure that the economy works not just for the few, but it works for everybody; and that if you work hard you’re going to be able to pay the bills, you’re going to be able to retire with some dignity and some respect, you can send your kids to school without having to worry about it. That’s what we’ve got to be working on — making sure that no matter who you are, where you started, you can make it here in America. That’s what the American Dream is all about. (Applause.)

Now, let me just close by saying a couple of things that I know would make a difference if we were doing them right now to make the economy grow even faster, to bring the unemployment rate down even faster, and if employers are hiring more workers and the labor market gets a little bit tighter, then employers end up paying a little bit more and wages go up a little bit more, and that means people have a little more money in their pockets, and then they’re spending more of it on businesses’ products and services, which means that even more workers get hired. There are some things we could do right now that would make a difference.

We should be investing in roads and bridges and ports and infrastructure all across the country. We’ve got a lot of stuff that was built back in the ‘40s and the ‘50s that needs to be updated. And if we’re putting construction workers back to work, that means they also need some steel. They also need some concrete. It means you need engineers doing the work, and you need suppliers. And all that would give a huge boost to the economy and make it easier for businesses to deliver their products and services around the world. It would be good for our economy. That’s something that we should be doing right now.

And I’ve been putting proposals forward in front of Congress to say let’s go ahead and just start rebuilding all kinds of parts of America that need rebuilding. And nobody disagrees that they need to be rebuilt. The only thing that’s holding us up right now is politics.

We should be raising the minimum wage to make sure that more workers — (applause) — who have been working full-time shouldn’t be living in poverty. And we’ve got legislation going on right now that would call for a minimum wage of $10.10 an hour, which would mean that if you work full-time you’re not living in poverty, you can raise a family. And the good news is, is about 13 states and a bunch of cities around the country have gone ahead and done it without Congress. But it would sure help if Congress went ahead and did it as well. Because right now, since I, two years ago, called for a hike in the minimum wage, about 7 million people have seen their incomes go up, but there are still about 21 million people who would stand to benefit if we had a national minimum wage.

And by the way, when you hear folks saying, well, if you raise the minimum wage that’s going to be fewer jobs — it turns out the states that have raised the minimum wage have had faster job growth than the states that haven’t raised the minimum wage. So this is something that would benefit families, but again, if folks have more money in their pockets, they’re working hard, they go out and spend it. And that ends up being good for business, not just for the workers involved.

We should be making sure that women are getting paid the same as men for doing the same work. (Applause.) That’s something, by the way, that should be a no-brainer for men, too, because — (laughter) — I remember when Michelle and I were both working, I was always happy if she got a raise. I wanted to make sure that she was getting paid fairly because it’s all one household, and the more women that get into the workforce, the more families are reliant on two incomes in order to make ends meet. Plus it’s just fair and it’s the right thing to do. (Applause.)

So there are a number of steps that we can take to make unemployment go down faster, to make sure that wages are rising faster, and that would benefit everybody. And I’ll just close with this comment. If you look at American history, the times we grow fastest and do best is when we’re growing the economy from the middle out. When middle-class families are growing, when working folks can get their way into the middle class, that’s when the whole economy does well. When you have an economy where just a few are doing well, and a lot of other folks are left, no matter how hard they work, still just scraping to get by, the economy doesn’t get the same kind of momentum.

And if you think about what America is about, what the American Dream is about, it’s always been that everybody should have opportunity. It shouldn’t matter how you started out if you’re willing to work hard, if you have good values, if you take responsibility. And that’s the kind of economy that we want to build. And we can build it, and manufacturing is going to be right smack dab in the middle of that effort, we’ve got to continue to build on the success we have. We’re not going to rest on our laurels. We’re going to keep on going until every single person who wants to find a good job out there can get a good job, and that America is competing against everybody else, so that 21st century is the American Century, just like the 20th century was.

All right? (Applause.)

Here is how we’re going to do this. I’m going to just grab this mic. Anybody who wants to ask a question or make a comment just raise your hand. There are probably some folks with mics in the audience. Wait for the mic so everybody can hear you. Stand up, introduce yourself. Try to make your questions kind of short, and I’ll try to make my answers kind of short. That way we can get more folks in. All right? All right. Who wants to go first? Oh, and I’ll go boy, girl, boy, girl — to make sure everybody — (laughter) — it’s kind of fair, kind of even. All right.

This young man right here.

Q Thank you for coming out today, President Obama. I’m with the University of Southern Indiana Manufacturing Club out here –

THE PRESIDENT: Excellent.

Q And my question for you is, can you share some specifics about the Rebuild America Act? I know you talked a little bit about that.

THE PRESIDENT: Well, we have about $2 trillion in deferred maintenance. I don’t have to tell you because some of you have probably hit some potholes and tried to figure out what the heck is going on, why aren’t we fixing that road? But it’s not just the traditional roads and bridges. It’s also the infrastructure we don’t see — sewer systems, water systems. A lot of them are breaking down. Gas lines that we’ve been seeing in some big cities — those things start wearing out, suddenly they actually pose a threat if they explode because they’re just not in good shape.

There’s a whole bunch of new infrastructure that we should be building. So I’ll give you a good example is our electricity grid. The way we transmit power — if we’ve got old electricity grids, what happens is a lot of the electricity leaks, a lot of the power leaks in the transmission from the power plant to, let’s say, a factory like this one. And the more it leaks, the more that’s driving up prices, because it’s not as efficient as it should be and it’s more vulnerable to blackouts.

And in fact, if we built a smarter power grid — that’s called a smart grid — means that not only is it not leaking power, but it’s also sending power in efficient ways during peak times, so that we end up using less energy, which drives down consumer prices and is good for the environment.

I’ll give you one other example that I know everybody here will appreciate. We have an old, archaic air traffic control system. Some of you heard about what happened in Chicago — some guy got mad he was being transferred to Hawaii. Now, let me tell you, I’ve been to Hawaii. I don’t know why he was mad about that. (Laughter.) He sets fire to some of the facilities there, and suddenly folks couldn’t get in and out of Chicago for a couple of days. In fact, I was in Chicago yesterday — day before yesterday. I had to land in Gary because O’Hare was still somewhat restricted.

But even setting aside that, it turns out that if we revamped our whole air traffic control system, we could reduce the number of delayed flights by about 30 percent. We could reduce the amount of fuel that airlines use by about 30 percent, which means we could lower ticket prices by a whole bunch. It means that you wouldn’t have two-hour waits in the airport. And if you’re flying for business, that’s going to save you time and money. If you’re just trying to get home to see your family, it means time spent with family instead of sitting in an airport, buying stuff that’s really expensive. (Laughter.)

The whole economy would be more efficient if we do it. So the good news is it’s the best time for us to rebuild our infrastructure because there are still a lot of construction workers out of work, a lot of contractors — it’s not like they’ve got so much business, which means they can do the work on time, under budget. Interest rates are low. If we spent, let’s say, the next 10 years just saying we’re just going to rebuild all across America, old infrastructure and new infrastructure, then not only would we give the economy a boost right now, but what we’d also do is lay the foundation for even more economic growth in the future.

It’s a smart investment, and we should be doing it. So what I’ve proposed is let’s close some tax loopholes that exist right now that in some cases are incentivizing companies to send money overseas and profits overseas instead of investing here in the United States of America. Let’s close those loopholes that aren’t good for creating jobs here. Let’s take some of that money, let’s use that to rebuild our infrastructure. Makes good sense.

But Congress hasn’t done it yet — not because it’s not a good idea. Infrastructure is not partisan. That’s not Democratic or Republican, that’s just a common-sense thing. Eisenhower built the Interstate Highway System. Lincoln — first Republican President — helped build the Transcontinental Railroad. Traditionally, everybody has been in favor of infrastructure because it powers our economy. It’s part of what made us an economic superpower. We’ve got to get back to that kind of mentality.

All right. Young lady right here.

Q Mr. President, you mentioned an increase to the minimum wage. How do you counter an opinion that increasing employee wages would ultimately increase the selling price of goods and services, thus negating any increase to the employee’s standard of living?

THE PRESIDENT: No, it’s a good question. It’s interesting that if you look at the studies that have been done — first of all, most employers pay more than the minimum wage already. Typically, minimum wage are in certain sectors of the economy. They’re disproportionately women who are getting paid the minimum wage. But unlike what people think, the majority of folks getting paid the minimum wage are adults, many of them supporting families. The average age of somebody getting paid the minimum wage is 35 years old. They’re not 16.

So in those states or where you’ve had one state pass a hike in the minimum wage and the state right next door doesn’t, and you kind of look at what’s happening along the border where you think that people would be kind of influenced — maybe they shop where the prices are cheaper, or businesses would move over to the place where there isn’t a minimum wage — it turns out that actually it doesn’t have that much of an impact. It has an impact on the families. It generally does not have a huge impact in terms of prices, and it doesn’t have — another argument that’s made is folks will hire fewer people because salaries are higher. Well, it turns out actually that’s not generally what happens. It’s just that if everybody has to raise the minimum wage, then everybody adjusts. And in some cases, because of competition, they’re not going to be able to raise their prices.

But you’re getting to a larger point that I think has plagued the American economy for some time, and that is that business has learned how to be really profitable and produce a lot of goods with fewer and fewer workers, partly through automation. And sometimes that does drive down prices. The problem is it also drives down wages. And it’s driven wages down faster, in many cases, than prices.

I mean, if what you’re worried about most is low prices, then presumably we could have everything made in low-wage countries overseas. They’d get shipped back here, but it doesn’t do you any good if a pair of sneakers is really cheap and you don’t have a job. So I think the goal here should be prioritizing — number one, making sure people have work, number two, making sure that that work pays well.

And if people have good jobs and they’re getting paid a decent wage, then businesses are the ones who have to compete for your business. They’re still going to have to keep prices down relatively low because they’re going to have to compete against other businesses. If they raise their prices too much, somebody is going to come in and offer a better deal. And consumers have gotten better, partly because of the Internet. They know what prices are there.

So there’s never been greater competition out there. The problem is right now that all that competition is on the back of workers. Businesses’ profits are through the roof. There was a report this week that showed that corporate balance sheets in America are as strong as they’ve been in history. It’s part of the reason why the stock market is doing great. So it’s not as if companies don’t have some room to pay their workers more. They’re just not doing it. And a greater and greater share has been going to the corporate balance sheet, and less and less of a share is going to workers.

So don’t let folks tell you that companies right now can’t afford to provide their workers a raise. The reason they’re not giving their workers a raise is because, frankly, they don’t have to — because the labor market is still somewhat soft, and people are afraid that if I leave this job I may not find something.

The good news is, as the unemployment rate comes down, there are fewer workers looking for jobs, and that means companies have to start bidding up wages a little bit. The market will take care of some of this. But having a minimum wage that is a little bit higher, that’s also going to help.

Last example I’ll give, by the way, Costco –I assume some folks here shopped at Costco before. Costco has the best prices around, right? Starting salary for a cash register operator — $11.50, maybe it’s $11.35. Starting wage. And by the way, even before the Affordable Care Act, Costco gave everybody health care. But they’ve been growing just as fast as folks who don’t pay the minimum wage and don’t provide health care benefits. Their stock has done great. The difference is they’re spreading more of the profits to their workers, which is good for the economy as a whole. And by the way, when you walk into Costco, everybody is pretty cheerful because they’re feeling like they’re getting a fair deal and that the company cares about them.

All right? Yes.

Q I’m the general manager at Millennium Steel. We’re very honored to have you. One of the questions I had is about the health care costs. We are seeing almost a double-digit increase in health care costs every year. So do you think that trend is going to go down? And what can we do to control that trend?

THE PRESIDENT: I think that’s really interesting. You’re going to have to talk to Henry because — (laughter) — no, no, no, this is serious. The question is whether you guys are shopping effectively enough. Because it turns out that this year, and in fact over the course of the last four years, premiums have gone up at the slowest rate in 50 years. So health care premiums have actually slowed down significantly. And it is having an effect both on businesses and families and the federal debt. Because most of the federal deficit and the federal debt, when folks talk about we’ve got to drive down the debt, we’ve got to do something about the debt — it turns out that most of the federal deficit and the federal debt over the last decade has come from health care costs going up so high, which means Medicare and Medicaid costs start going up. And that’s gobbled up a bigger and bigger share of the federal budget.

Because health care costs are going up much more slowly than expected, so far we anticipate we’re going to save about $188 billion over the next 10 years and reduce health care costs.

So the issue now is what can we do to make sure that you at Millennium are shopping and seeing more competition. Because the only problem with the health care market is sometimes it’s different in different pockets of the country, depending on how many carriers there are. And what we’re trying to do is to make sure that there’s more competition driving down cost when it comes to both the businesses who are trying to buy health care for their employees, but also folks who don’t get health care on the job and are just having to buy it on their own.

That’s part of what the Affordable Care Act is all about. Now, some of you — Affordable Care Act, by the way, is also known as Obamacare. (Applause.) For a while, everybody was saying — sort of using that as kind of an insult. I’m feeling pretty good about it being called Obamacare. I suspect that about five years from now when everybody agrees that it’s working, then they won’t call it Obamacare anymore. (Laughter.) That’s okay.

But part of what we did there is we set up what’s called these marketplaces, these exchanges, where individuals can go online and shop. And as you know, the website was really bad for the first three months. It’s now in really good shape. We’ve signed up 10 million people to get health coverage many times for the first time. And we’re giving them tax credits to help lower the cost even more. But we’re also setting up a network for businesses to be able to shop for health insurance.

And what’s happened — I talked about this yesterday — right now on average across America — so it may not be true in every single market, but across America, on average, premiums have — if it had not been for this drop in health care inflation, premiums would probably be about $1,800 higher per family than they actually have turned out to be. Now, you think about that — $1,800, that’s money that’s in your pocket that otherwise would be going to you paying for your health care premiums. That’s like an $1,800 tax cut for every family that’s got health insurance. And that’s good news. But we’ve got to make sure everybody takes advantage of it.

So I’m going to make sure — are you in charge of buying health care? You are? All right, so what I’m going to do is I’m going to make sure that you talk to some of our health care market folks. I bet we can get you a better deal. All right? We’ll see if we can save you a little money. (Applause.)

All right. Young lady right here in the jacket.

Q Good afternoon. My name is Conner Perry (ph). I’m in the 8th grade at the Lexington School in Lexington, Kentucky.

THE PRESIDENT: Well, it’s so nice to meet you.

Q Thank you.

THE PRESIDENT: How old are you — you’re in 8th grade, so you’re just tall and pretty, just like Malia and Sasha. There you go.

Q I was wondering, what are some actions we could take to put people in rural America to work?

THE PRESIDENT: That’s a great question. You know, the rural economy has actually done extremely well compared to the rest of the economy over the last couple of years. The main reason for it — first of all, we’ve got the best farmers in the world and we’re the most productive agricultural system in the world. So we just — our crops are really good and we produce a lot. And the weather has been pretty decent. I just talked to my friend — where is Scates? There he is. Good buddy of mine — the Scates farm over on Illinois side. He said best crops he’s seen in a while — right? Ever. So that’s the good news.

But what’s also helped is that we have increased our agricultural exports, sending our outstanding products overseas at a record pace. And I should introduce, by the way, Secretary of Commerce Penny Pritzker is right here. That’s Penny. (Applause.) And one of Penny’s most important jobs is going around the world and trying to open up new markets for agricultural goods. One of our biggest exports.

And so we’ve got to keep on making sure that if we have the best crops, the best products at the lowest price that we can get into these markets. A lot of countries protect their markets and their farmers from competition by closing their markets — even though they’re selling stuff to us. And my general attitude about trade, I’m a big believer in trade, but my attitude is it’s got to be two-way. If we’re going to buy your cars, or we’re going to buy your TV sets, or whatever else you’re selling, then you’ve got to be able to buy American wheat and corn and beans. And Penny has done a terrific job. And that’s part of the reason why we’ve seen record exports. And that helps the agricultural economy.

That’s number one. But number two, we’ve also got to diversify the rural economy so it’s not just dependent on agriculture. And that means, for example, investing in things like biofuels and clean energy. We are at the threshold of being able to create new energy sources out of not just crops that we grow — corn and ethanol — but also stuff that we usually throw away, like the corn stalks instead of the corn. And the more we invest in biofuels, clean energy, that can make a big difference in the rural economy.

So that’s another area where we can make progress. And then the rural economy should — just like here in Princeton, we’ve got to make sure that we are offering up opportunities for manufacturers to come back in to look at some of these rural sites, where you know the people there work hard and quality of life is high, but oftentimes international investors don’t know about some of these rural communities. And so Penny has been helping to advertise. We’ve got a whole program called SelectUSA where we go around and we help towns, mayors, county chairmen, local chambers of commerce invite investors from Japan and Singapore and Germany — come invest here in the United States of America.

Because what you want is an economy that isn’t just relying on one thing, but it has a bunch of different components to it, so that if, say, you have a bad crop one year the whole economy of that area doesn’t just collapse. And that can make a big difference.

But if we’re going to be able to attract investment into rural America, there are at least two things that have to happen. Number one, we’ve got to invest in education to make sure that the young people in rural America have the skills for today’s jobs. And that includes not just K through 12, but also community colleges — which are really a crown jewel — community colleges can be so powerful in just training folks — they may not go to a four-year college, but if they can get some technical training they’re suddenly ready for that job. And that is really attractive to investors. If they know they’ve got good workers in a site, that’s one of the most important things they’re looking for.

And the second thing is the thing I talked about earlier, which is infrastructure. Part of the problem with rural communities is they’re a little more isolated. All the more important, then, that our rail, our roads, our airports, that they all work, and that they’ve got broadband connections and Internet connections in order to make sure that they can access international markets.

All right? Great question. All right, it’s a gentleman’s turn. Right here. Right here in front.

Q Hello, Mr. President. Thank you for coming. I hope I’ve got this right — it is your wedding anniversary today?

THE PRESIDENT: That is correct.

Q So happy anniversary to you and Michelle.

THE PRESIDENT: Thank you, sir. Thank you. (Applause.) Thank you. Twenty-two years she’s been putting up with me. (Laughter.) I had a young man, a friend of mine just got married. And I told the bride — wonderful young lady — I said it takes about 10 years to train a man properly. (Laughter.) So you’ve got to be patient with him. Because he’ll screw up a bunch, but eventually we learn. It’s just it takes us a little longer. We’re not as smart. So Michelle has been very patient with me.

Thank you very much. That’s very kind of you. (Applause.) Young lady right here.

Q Hi, President Obama. I’m from Indiana State University. Right here. (Applause.) Representing.

THE PRESIDENT: Yay, Indiana State!

Q I just had a question. Recently on the media, we have been hearing a lot about the EPA system and the war on coal. What are your feelings on that?

THE PRESIDENT: Some of that is — some of it’s hype and politics. And that’s sort of the nature of our politics these days. But there’s a real issue involved. Less and less of our power is coming from coal.

Now, a lot of people think that’s because of environmental regulations. And the truth of the matter is, is that there’s some environmental regulations that have had an impact mainly because what it’s said to the power plant operators is you’ve got to be more efficient and you can’t send as much pollution into the air. So if you’re using coal, you’ve got to figure out how can we get smart coal — smart coal technologies that capture some of the pollution that’s being sent up, put it underground, store it. Some of that technology is developing, but it’s not quite there yet.

But actually the main reason that power plants in America are using less coal is because natural gas is so cheap. So the real war on coal is natural gas, which, because of new technologies, we are now extracting at a rate that is unbelievable. There’s about a hundred years’ supply of natural gas underground here in America. We are now the number-one natural gas producer in the world. And by the way, we’re also producing more oil than we import for the first time in almost two decades. (Applause.)

Some people don’t realize — you know who the number-one oil producer in the world is? It’s us, the United States of America. So we’re producing more oil than ever. We’re producing more natural gas than ever. And natural gas, we’re producing so much that when new power plants get built, it’s cheaper for them to run on natural gas than it is on coal. So that obviously causes some hardship in communities that traditionally relied on coal.

There are two things we need to do. Number one is — and my administration has been hugely supportive — we’ve put a lot of money into developing these new technologies to make sure we can burn coal cleaner than we have. And the second thing that we need to do is make sure that some of the new opportunities in clean energy and in natural gas and other energy-related industries that they locate in places that used to have coal, or used to be primarily coal country.

Because the trend lines are going to be inevitable. Because if you burn coal in a dirty way, that’s going to cause more and more pollution, including pollution that causes climate change. You’re going to see more and more restrictions on the use of coal not just here in the United States, but around the world, which means that we’ve got to get out in front of that and make sure that we’ve got the technologies to use coal cheaply. And we’ve got to be able to send those technologies to other counties that are still burning coal.

Because there are going to be counties like China and India and others that still use coal for years to come. They’re poor, and they’re building a lot of power plants quickly. They don’t have as much natural gas as us, so they’re going to be interested in figuring how can they use their coal supplies and how can they import our coal. But if we’re doing a good job giving them technologies that allow them to burn it cleanly, then it’s a win-win for us. Not only are we able to then sell coal to them, but we’re also selling the technology to help them burn it in the cleanest way possible.

We’ve been making those investments, and we’ve got to keep on making those investments in order for us to get ahead of the curve.

Great question.

Gentleman back there in the tie. There aren’t that many ties in here, so there you go.

Q Hi, Mr. President. I’m with the Fabricators and Manufacturers Association. We’re one of the founding partners of Manufacturing Day, so thank you for your support. (Applause.)

THE PRESIDENT: Thank you.

Q I’d like to ask you about R&D. U.S. manufacturers do more R&D than any county in the world. It makes us productive. It makes us innovative. Could you talk about policies and ideas to continue to support R&D activities to promote and accelerate manufacturing? Thank you.

THE PRESIDENT: When we think about manufacturing, we always think about the traditional guy with the hard hat and the glasses, and there are sparks flying and it’s noisy. These days you go into a manufacturing plant like this one, first of all, it’s clean, it’s quiet, and so much of it is running on computers and automation and new systems. So if we’re going to stay competitive in manufacturing, we’ve got some terrific advantages.

Energy, by the way, is one of our biggest advantages because we have some of the cheapest energy in the world. That’s part of why a lot of companies want to relocate here in the United States. But we’ve also got to stay ahead of the curve in the new technologies for the new kinds of manufacturing. Every budget I’ve submitted has called for an increase in our R&D budget — our research and development budget. And we’ve specifically been interested in putting more money into research and development in manufacturing.

So, in fact, today I announced the fifth — the proposal for the fifth manufacturing hub that we’re creating. We want to actually create about 15 more of them after this. And what it’s doing is it’s linking manufacturers with universities and researchers to start developing some of the new technologies that we know are going to be key to the future.

So, for example, we already created a manufacturing hub around 3D printing. Everybody know what 3D printing is? It’s actually pretty interesting. So basically the idea is, is that using software you can manufacture just about anything from a remote location just by you send the program to some site and then the machine builds whatever it is that you designed on the computer from scratch. And we know that over time this is going to be more and more incorporated in the manufacturing process. But we want to make sure that all that stuff is done right here in the United States of America. So we created a hub for that.

Today, I’m announcing a $100 million competition to create a new hub around photonics — I had to ask Penny to make sure I pronounced it right. But this is basically the science, the technology around light which is used to transmit data and information, and also is used in the manufacturing process for everything from lasers to some of the stuff that the Department of Defense is doing.

And what these hubs allow us to do is instead of having a slower process where somebody in some lab coat somewhere figures something out and then writes a report on it, and then maybe five years later, some manufacturer says, huh, I wonder if I could tinker around with that and use that in my manufacturing process, you have a system where the businesses and the researchers are working on it at the same time, which speeds up the discovery process and means we’re moving from discovery to application a lot faster.

Now, Germany has about 60 of these manufacturing hubs, and so far I’ve been able to create five of them — or four of them. This is going to be the fifth. And as I said, I want us to make sure we’re doing a lot more than that.

So that’s just one example of why our investment in manufacturing research and development is going to be so critically important. It allows us to keep our lead because America has always been the top innovator in the world. That’s the reason why our economy historically has done so well, is because we invent stuff faster and better than anybody else. And if we lose that lead, we’re going to be in trouble.

Can I just say one last thing about — because I appreciate you working on this National Manufacturers Day. For the young people here, and anybody who is listening, the reason we set up this National Manufacturing Day is because too many young people do not understand the opportunities that exist in manufacturing. Because so many plants were shut down, and so much offshoring was taking place, I think a lot of people just kind of gave up on the idea of working in manufacturing. The problem is that for a lot of young people, manufacturing offers great opportunities.

I was in Wisconsin, somebody told me an amazing statistic, which is the average age of a skilled tool and die operator in Wisconsin is 59 years old. Now, these folks are making 25, 30 bucks an hour, benefits. You are solidly middle class if you have one of these jobs. And the workforce is getting older and older in that area, and the young people aren’t coming to replace them.

So the idea behind National Manufacturing Day, we got 50,000 young people going into factories all across the county and learning about — look at all the jobs that you can get in manufacturing. Engineering jobs, but also jobs on the line, technical jobs. All of them require some skills. All of them require some higher level learning. But not all of them require a four-year degree. You could make a good living. So that’s part of what we’re trying to encourage getting young people to reorient.

And we’re actually also talking to high schools, saying to them, try to encourage young people to think about manufacturing as a career option. Because not everybody wants to sit behind a desk, pushing paper all day long. And different people have different aptitudes and different talents and different interests. And if we can set up a situation where high schools are starting to connect to manufacturing, then a lot of young people can start getting apprenticeships early — realize how interesting some of that work is. Then they have a better idea, if they do end up going to college, it’s a little more focused around the things that they’re actually going to need in order to succeed in manufacturing.

So thank you for participating in that. It’s really important.

We’ve got — how much more time do we have? I just want to make sure. We’ll make it two. We’ll make it two. All right, young lady right there. Yes, right — you, yes. All right, hold on, let’s make sure we got the microphone here.

Q Hi. I am a secondary English education student at USI. And I just want to say thank you for coming here today. It’s such an honor to hear you speak.

Being in the job force in the next couple of years, I am worried about equal pay as a woman. So you’ve talked a little bit about that. How can we get there? What can we do to get equal pay for women?

THE PRESIDENT: Well, it’s a great question. Here are the statistics, first of all. Women on average make 77 cents for every dollar a man makes. Now, what folks will tell you sometimes is you can’t really compare the situation because a lot of women by choice end up working less when they have kids, and decide to stay home, and so it’s not the same thing. But here’s the problem. It turns out that actually in a lot of companies sometimes it’s still the case that women are getting paid less than men for doing the exact same job.

And so one of the first bills I signed was called the Lilly Ledbetter bill. And Lilly, who is a friend of mine, she was doing a job for 25 years and about 20 years into it just happened to find out that for that whole time she had been getting paid less for doing the exact same job that a man had been doing. And when she tried to sue to get her back pay, the court said, well, it’s too late now because the statute of limitations had run out. She said, well, I just found out. That doesn’t matter.

So we changed that law, and that was the first thing that we did. And what we’ve also done is through executive action what I’ve said is any federal contractor who does business with the federal government, you’ve got to allow people to compare their salaries so that they can get information about whether they’re getting paid fairly or not.

There is a fair pay bill that is before Congress, but so far it’s been blocked by the House Republicans. It hasn’t come up for a vote. We need to keep putting pressure on them to get this done. This is just a matter of basic fairness. I don’t think my daughters should be treated any different than somebody else’s sons if they’re doing a good job. They should get paid the same.

But it’s also a matter of economics, as I said before. More and more women are the key breadwinner in their family, and if they’re getting paid less, that whole family suffers. So this is something that we have to take care.

I do want to mention, though, going back to the first argument, people saying that women make different choices when they have children — well, part of the reason they have to make different choices is because we don’t have a good child care system. (Applause.) It’s because we don’t have a good family leave policy. A child gets sick; you need to take care of a sick child. You can get unpaid leave under the Family Medical Leave Act. But what if you can’t afford to give up that paycheck that day? Or you’ve got an ailing parent — they have to go to the doctor one day. They don’t drive. You need to drive them. You need a day off. But if you take the day off, now you can’t pay your rent.

So there are family-friendly policies that we could put in place — and some states are doing so — improving child care, especially early childhood education, by the way, which we know every dollar we invest in that makes our kids do better in school the whole way. (Applause.) So it’s good for our education system, but it’s also just good for parents.

Somebody mentioned my wedding anniversary. I can tell you the toughest time when we were married was when our kids were still small and I was working and Michelle was working. And sometimes I’d be out of town, and the babysitter doesn’t show up, and suddenly Michelle is having scramble. And I promise you when I get home, it’s rough. (Laughter.)

But we were actually — we were professionals. We were both lawyers. We were in a better position to get help than most families, but it was still hard. So the more we do on early childhood education, high quality day care, making it affordable for families, family leave, those family-friendly policies that will help make sure that women are able to take care of their families and pursue their professional careers and bring home the kind of paycheck that they deserve — we need to do both. It’s not a choice between one or the other. We have to do all those things.

I got time for one more question. Gentleman, right here in the blue.

Q Mr. President, I would like to thank you also for visiting. My name is Randy Perry, this young lady’s father. I do have a small manufacturing company in rural America. But how do you speak to us small manufacturers that want to raise the minimum wage but we have to compete?

THE PRESIDENT: Well, as I said before, the first thing we need to do is to make sure that the economy as a whole is strong because, remember what I said, when the economy is strong as a whole, there is more demand for workers. That gives workers more leverage to get pay raises. The same is true for businesses. When demand is high for whatever product you’re producing, then you can afford to charge a little bit more.

And the truth of the matter is, is that for a lot of small businesses, there’s going to be more pressure than large businesses when it comes to wages because you just don’t have as much margin for error. But overall, our economy is going to do better, and small businesses do better when there is greater demand out there for products and services. And there’s greater demand for products and services if people have money in their pockets.

And one of the biggest problems we have in our economy right now — and this includes one of the biggest problems for small businesses — is that when a bigger and bigger share goes to folks at the top, a lot of that money, they just don’t spend.

I had lunch with Bill Gates the other day. Now, Bill Gates has ot a lot of money. (Laughter.) And he’s doing great things with it, by the way, doing great charitable work. But the truth of the matter is, is that if Bill Gates gets an extra million dollars, it’s not like he’s going to spend more money on food or go and buy an extra car, or buy a new refrigerator, because he’s already got everything he needs.

But if somebody who is a low-wage worker gets a raise, first thing they’re going to do is they’re going to spend it — maybe on a new backpack for the kids, or finally trade in that old beater, or a new car. And that drives the economy. It picks it up. It boosts it. And when that happens, then more demand exists for services and goods. And that means that all businesses are going to do better, including small businesses. And that, then, gives you the higher profits, which then allows you to pay your workers a little bit more. You get in this virtuous cycle.

And this is part of the argument that I’ve been having with my good friends in the Republican Party for quite some time. If you look at the policies we’ve been pursuing and proposing — investing in research and development, rebuilding our infrastructure, making sure that college is more affordable, improving child care, fair pay legislation, increase the minimum wage — I can point to evidence that shows that that’s going to put more money in the pockets of middle-class families. That’s going to increase growth at a faster pace, and the economy, as a whole is going to do better.

And their main response to me typically is two things. One is they’ll say we got to get rid of regulations. Except the problem is, for example, the last big crisis we had was precisely because we didn’t have enough regulations on Wall Street, and folks were selling a bunch of junk on the market and doing reckless things that ended up costing everybody something.

And then the second argument that they make is we need more tax cuts for folks like me who make a pretty good living, folks at the top. And I’ve got to tell you, there’s no evidence that that’s going to help middle-class families. There’s no evidence for this trickle-down theory that somehow another tax cut for folks who are already making out like bandits over the last 20 years is going to somehow improve the prospects for ordinary families. It just doesn’t exist. They keep on repeating it, but they don’t show that that’s actually going to help the economy. That’s not going to help you. It’s not going to help you. And it’s not going to help Millennium. And it’s not going to help your business.

I made a speech yesterday at Northwestern, and what I just said is just look at the facts. Since I’ve been President, unemployment has gone from — is down from 10 percent down to now 5.9. The deficit has been cut by more than half. Our energy production is higher than it’s ever been. Our health care costs are slowing. More people have insurance. High school dropout rate has gone down. Graduation rate has gone up. College attendance rate has gone up. Our production of clean energy has doubled. Solar energy has gone up tenfold. Wind energy has gone up threefold. Exports — we export more than we ever have in history. Corporate balance sheets are doing great. Stock market, all-time highs. Housing market beginning to recover. There’s almost no economic measure by which the economy as a whole isn’t doing significantly better than it was when I came into office. (Applause.)

Now, those are just facts. You can look them up. I’m not making it up. That’s one thing about being President — if I stand here and say it, all these folks are filming me so they’ll go and check. (Laughter.) So that’s the truth. But what is also true is that wages and incomes have continued to be flat even though the economy is growing and businesses are making more money. So what that tells me is the one thing that’s holding things back, the one thing that people are still concerned about and the one thing that if we could change would really give more confidence to the economy and boost it is if wages and incomes start going up a little bit.

If all the productivity and profits, if we start sharing that a little bit more with more folks, and ordinary families start feeling like they got a little bit of a cushion, that will be good for everybody. Because that’s the one thing that really we haven’t seen as much improvement on as we need. And so what everybody should be asking is how do we increase wages, how do we increase incomes. Because if we do that, things are going to better.

And there are pretty much just a handful of ways to do it. Number one, you make the economy grow even faster so the labor market gets tighter. Number two, you pursue policies like a higher minimum wage, or making sure that families are able to get child care, you’re driving down health care costs, the kinds of things that affect people’s pocketbooks directly. Those are the things that I’ve been pursuing since I’ve been President. And those are the things I’ll continue to pursue as long as I have this great privilege of bring President.

Thank you so much, everybody. God bless you. Appreciate you. (Applause.)

END
P.M. CDT

Political Musings September 6, 2014: Obama will not take executive action on immigration until after midterms

POLITICAL MUSINGS

http://historymusings.files.wordpress.com/2013/06/pol_musings.jpg?w=500&h=80?w=600

OBAMA PRESIDENCY & THE 113TH CONGRESS:

OP-EDS & ARTICLES

Obama will not take executive action on immigration until after midterms

By Bonnie K. Goodman

A White House official revealed to the press on Saturday, Sept. 6, 2014 that President Barack Obama would not take executive action on immigration prior to the midterm elections as he had previously indicated in June. The midterm elections are…READ MORE

Political Musings September 3, 2014: Obama’s Labor Day campaign to raise the minimum wage in Democrats midterm push

POLITICAL MUSINGS

http://historymusings.files.wordpress.com/2013/06/pol_musings.jpg?w=500&h=80?w=600

OBAMA PRESIDENCY & THE 113TH CONGRESS:

OP-EDS & ARTICLES

Obama’s Labor Day campaign to raise the minimum wage in Democrats midterm push

By Bonnie K. Goodman

President Barack Obama spent the whole Labor Day weekend renewing his push to raise the minimum wage across the country first in his weekly address released on Saturday, Aug. 31, 2014 and then delivering a speech on the economy on…

READ MORE

Political Musings August 24, 2014: Obama shifts from easing unemployment with benefits extension to job creation

POLITICAL MUSINGS

http://historymusings.files.wordpress.com/2013/06/pol_musings.jpg?w=500&h=80?w=600

OBAMA PRESIDENCY & THE 113TH CONGRESS:

OP-EDS & ARTICLES

Obama shifts from easing unemployment with benefits extension to job creation

By Bonnie K. Goodman

The year 2014 started with the main issue revolving America’s unemployment and the expiration and renewal of the Emergency Unemployment Compensation (EUC) program and helped the long-term jobless, but now both Congress and President Barack Obama are…READ MORE

Full Text Obama Presidency August 1, 2014: President Barack Obama’s Pre-August Recess Press Conference on the Domestic & Foreign Policy, Slams Republicans

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 113TH CONGRESS:

Press Conference by the President

Source: WH, 8-1-14

James S. Brady Press Briefing Room

2:45 P.M. EDT

THE PRESIDENT:  Good afternoon, everybody.  Happy Friday.  I thought I’d take some questions, but first, let me say a few words about the economy.

This morning, we learned that our economy created over 200,000 new jobs in July.  That’s on top of about 300,000 new jobs in June.  So we are now in a six-month streak with at least 200,000 new jobs each month.  That’s the first time that has happened since 1997.  Over the past year, we’ve added more jobs than any year since 2006.  And all told, our businesses have created 9.9 million new jobs over the past 53 months.  That’s the longest streak of private sector job creation in our history.

And as we saw on Wednesday, the economy grew at a strong pace in the spring.  Companies are investing.  Consumers are spending.  American manufacturing, energy, technology, autos — all are booming.  And thanks to the decisions that we’ve made, and the grit and resilience of the American people, we’ve recovered faster and come farther from the recession than almost any other advanced country on Earth.

So the good news is the economy clearly is getting stronger. Things are getting better.  Our engines are revving a little bit louder.  And the decisions that we make right now can sustain and keep that growth and momentum going.

Unfortunately, there are a series of steps that we could be taking to maintain momentum, and perhaps even accelerate it; there are steps that we could be taking that would result in more job growth, higher wages, higher incomes, more relief for middle-class families.  And so far, at least, in Congress, we have not seen them willing or able to take those steps.

I’ve been pushing for common-sense ideas like rebuilding our infrastructure in ways that are sustained over many years and support millions of good jobs and help businesses compete.  I’ve been advocating on behalf of raising the minimum wage, making it easier for working folks to pay off their student loans; fair pay, paid leave.  All these policies have two things in common:  All of them would help working families feel more stable and secure, and all of them so far have been blocked or ignored by Republicans in Congress.  That’s why my administration keeps taking whatever actions we can take on our own to help working families.

Now, it’s good that Congress was able to pass legislation to strengthen the VA.  And I want to thank the chairmen and ranking members who were involved in that.  It’s good that Congress was able to at least fund transportation projects for a few more months before leaving town — although it falls far short of the kind of infrastructure effort that we need that would actually accelerate the economy.  But for the most part, the big-ticket items, the things that would really make a difference in the lives of middle-class families, those things just are not getting done.

Let’s just take a recent example:  Immigration.  We all agree that there’s a problem that needs to be solved in a portion of our southern border.  And we even agree on most of the solutions.  But instead of working together — instead of focusing on the 80 percent where there is agreement between Democrats and Republicans, between the administration and Congress — House Republicans, as we speak, are trying to pass the most extreme and unworkable versions of a bill that they already know is going nowhere, that can’t pass the Senate and that if it were to pass the Senate I would veto.  They know it.

They’re not even trying to actually solve the problem.  This is a message bill that they couldn’t quite pull off yesterday, so they made it a little more extreme so maybe they can pass it today — just so they can check a box before they’re leaving town for a month.  And this is on an issue that they all insisted had to be a top priority.

Now, our efforts administratively so far have helped to slow the tide of child migrants trying to come to our country.  But without additional resources and help from Congress, we’re just not going to have the resources we need to fully solve the problem.  That means while they’re out on vacation I’m going to have to make some tough choices to meet the challenge — with or without Congress.

And yesterday, even though they’ve been sitting on a bipartisan immigration bill for over a year, House Republicans suggested that since they don’t expect to actually pass a bill that I can sign, that I actually should go ahead and act on my own to solve the problem.  Keep in mind that just a few days earlier, they voted to sue me for acting on my own.  And then when they couldn’t pass a bill yesterday, they put out a statement suggesting I should act on my own because they couldn’t pass a bill.

So immigration has not gotten done.  A student loan bill that would help folks who have student loan debt consolidate and refinance at lower rates — that didn’t pass.  The transportation bill that they did pass just gets us through the spring, when we should actually be planning years in advance.  States and businesses are raising the minimum wage for their workers because this Congress is failing to do so.

Even basic things like approving career diplomats for critical ambassadorial posts aren’t getting done.  Last night, for purely political reasons, Senate Republicans, for a certain period of time, blocked our new ambassador to Russia.  It raised such an uproar that finally they went ahead and let our Russian ambassador pass — at a time when we are dealing every day with the crisis in Ukraine.

They’re still blocking our ambassador to Sierra Leone, where there’s currently an Ebola outbreak.  They’re blocking our ambassador to Guatemala, even as they demand that we do more to stop the flow of unaccompanied children from Guatemala.  There are a lot of things that we could be arguing about on policy — that’s what we should be doing as a democracy — but we shouldn’t be having an argument about placing career diplomats with bipartisan support in countries around the world where we have to have a presence.

So the bottom line is this:  We have come a long way over the last five and a half years.  Our challenges are nowhere near as daunting as they were when I first came into office.  But the American people demand and deserve a strong and focused effort on the part of all of us to keep moving the country forward and to focus on their concerns.  And the fact is we could be much further along and we could be doing even better, and the economy could be even stronger, and more jobs could be created if Congress would do the job that the people sent them here to do.

And I will not stop trying to work with both parties to get things moving faster for middle-class families and those trying to get into the middle class.  When Congress returns next month, my hope is, is that instead of simply trying to pass partisan message bills on party lines that don’t actually solve problems, they’re going to be willing to come together to at least focus on some key areas where there’s broad agreement.  After all that we’ve had to overcome, our Congress should stop standing in the way of our country’s success.

So with that, let me take a couple of questions.  And I will start with Roberta Rampton of Reuters.

Q    Thanks.  I want to ask about the situation in the Middle East.  And why do you think Israel should embrace a cease-fire in Gaza when one of its soldiers appears to have been abducted and when Hamas continues to use its network of tunnels to launch attacks?  And also, have you seen Israel act at all on your call to do more to protect civilians?

THE PRESIDENT:  Well, first of all, I think it’s important to note that we have — and I have — unequivocally condemned Hamas and the Palestinian factions that were responsible for killing two Israeli soldiers and abducting a third almost minutes after a cease-fire had been announced.  And the U.N. has condemned them as well.

And I want to make sure that they are listening:  If they are serious about trying to resolve this situation, that soldier needs to be unconditionally released as soon as possible.

I have been very clear throughout this crisis that Israel has a right to defend itself.  No country can tolerate missiles raining down on its cities and people having to rush to bomb shelters every 20 minutes or half hour.  No country can or would tolerate tunnels being dug under their land that can be used to launch terrorist attacks.

And so, not only have we been supportive of Israel in its right to defend itself, but in very concrete terms — for example, in support for the Iron Dome program that has intercepted rockets that are firing down on Israeli cities — we’ve been trying to cooperate as much as we can to make sure that Israel is able to protect its citizens.

Now, at the same time, we’ve also been clear that innocent civilians in Gaza caught in the crossfire have to weigh on our conscience and we have to do more to protect them.  A cease-fire was one way in which we could stop the killing, to step back and to try to resolve some of the underlying issues that have been building up over quite some time.  Israel committed to that 72-hour cease-fire, and it was violated.  And trying to put that back together is going to be challenging, but we will continue to make those efforts.

And let me take this opportunity, by the way, to give Secretary John Kerry credit.  He has been persistent.  He has worked very hard.  He has endured on many occasions really unfair criticism simply to try to get to the point where the killing stops and the underlying issues about Israel’s security but also the concerns of Palestinians in Gaza can be addressed.

We’re going to keep working towards that.  It’s going to take some time.  I think it’s going to be very hard to put a cease-fire back together again if Israelis and the international community can’t feel confident that Hamas can follow through on a cease-fire commitment.

And it’s not particularly relevant whether a particular leader in Hamas ordered this abduction.  The point is, is that when they sign onto a cease-fire they’re claiming to speak for all the Palestinian factions.  And if they don’t have control of them, and just moments after a cease-fire is signed you have Israeli soldiers being killed and captured, then it’s hard for the Israelis to feel confident that a cease-fire can actually be honored.

I’m in constant consultation with Prime Minister Netanyahu. Our national security team is in constant communication with the Israel military.  I want to see everything possible done to make sure that Palestinian civilians are not being killed.  And it is heartbreaking to see what’s happening there, and I think many of us recognize the dilemma we have.  On the one hand, Israel has a right to defend itself and it’s got to be able to get at those rockets and those tunnel networks.  On the other hand, because of the incredibly irresponsible actions on the part of Hamas to oftentimes house these rocket launchers right in the middle of civilian neighborhoods, we end up seeing people who had nothing to do with these rockets ending up being hurt.

Part of the reason why we’ve been pushing so hard for a cease-fire is precisely because it’s hard to reconcile Israel’s legitimate need to defend itself with our concern with those civilians.  And if we can pause the fighting, then it’s possible that we may be able to arrive at a formula that spares lives and also ensures Israel’s security.  But it’s difficult.  And I don’t think we should pretend otherwise.

Bill Plante.

Q    Mr. President, like that cease-fire, you’ve called for diplomatic solutions not only in Israel and Gaza but also in Ukraine, in Iraq, to very little effect so far.  Has the United States of America lost its influence in the world?  Have you lost yours?

THE PRESIDENT:  Look, this is a common theme that folks bring up.  Apparently people have forgotten that America, as the most powerful country on Earth, still does not control everything around the world.  And so our diplomatic efforts often take time. They often will see progress and then a step backwards.  That’s been true in the Middle East.  That’s been true in Europe.  That’s been true in Asia.  That’s the nature of world affairs.  It’s not neat, and it’s not smooth.

But if you look at, for example, Ukraine, we have made progress in delivering on what we said we would do.  We can’t control how Mr. Putin thinks.  But what we can do is say to Mr. Putin, if you continue on the path of arming separatists with heavy armaments that the evidence suggests may have resulted in 300 innocent people on a jet dying, and that violates international law and undermines the integrity — territorial integrity and sovereignty of Ukraine, then you’re going to face consequences that will hurt your country.

And there was a lot of skepticism about our ability to coordinate with Europeans for a strong series of sanctions.  And each time we have done what we said we would do, including this week, when we put in place sanctions that have an impact on key sectors of the Russian economy — their energy, their defense, their financial systems.

It hasn’t resolved the problem yet.  I spoke to Mr. Putin this morning, and I indicated to him, just as we will do what we say we do in terms of sanctions, we’ll also do what we say we do in terms of wanting to resolve this issue diplomatically if he takes a different position.  If he respects and honors the right of Ukrainians to determine their own destiny, then it’s possible to make sure that Russian interests are addressed that are legitimate, and that Ukrainians are able to make their own decisions, and we can resolve this conflict and end some of the bloodshed.

But the point is, though, Bill, that if you look at the 20th century and the early part of this century, there are a lot of conflicts that America doesn’t resolve.  That’s always been true.  That doesn’t mean we stop trying.  And it’s not a measure of American influence on any given day or at any given moment that there are conflicts around the world that are difficult.  The conflict in Northern Ireland raged for a very, very long time until finally something broke, where the parties decided that it wasn’t worth killing each other.

The Palestinian-Israeli conflict has been going on even longer than you’ve been reporting.  (Laughter.)  And I don’t think at any point was there a suggestion somehow that America didn’t have influence just because we weren’t able to finalize an Israeli-Palestinian peace deal.

You will recall that situations like Kosovo and Bosnia raged on for quite some time, and there was a lot more death and bloodshed than there has been so far in the Ukrainian situation before it ultimately did get resolved.

And so I recognize with so many different issues popping up around the world, sometimes it may seem as if this is an aberration or it’s unusual.  But the truth of the matter is, is that there’s a big world out there, and that as indispensable as we are to try to lead it, there’s still going to be tragedies out there and there are going to be conflicts.  And our job is to just make sure that we continue to project what’s right, what’s just, and that we’re building coalitions of like-minded countries and partners in order to advance not only our core security interests but also the interests of the world as a whole.

Q    Do you think you could have done more?

THE PRESIDENT:  On which one?

Q    On any of them?  Ukraine?

THE PRESIDENT:  Well look, I think, Bill, that the nature of being President is that you’re always asking yourself what more can you do.  But with respect to, let’s say, the Israeli-Palestinian issue, this administration invested an enormous amount to try to bring the parties together around a framework for peace and a two-state solution.  John Kerry invested an enormous amount of time.  In the end, it’s up to the two parties to make a decision.  We can lead them to resolve some of the technical issues and to show them a path, but they’ve got to want it.

With respect to Ukraine, I think that we have done everything that we can to support the Ukrainian government and to deter Russia from moving further into Ukraine.  But short of going to war, there are going to be some constraints in terms of what we can do if President Putin and Russia are ignoring what should be their long-term interests.

Right now, what we’ve done is impose sufficient costs on Russia that, objectively speaking, they should — President Putin should want to resolve this diplomatically, get these sanctions lifted, get their economy growing again, and have good relations with Ukraine.  But sometimes people don’t always act rationally, and they don’t always act based on their medium- or long-term interests.  That can’t deter us, though.  We’ve just got to stay at it.

Wendell.

Q    Mr. President, Republicans point to some of your executive orders as reason, they say, that they can’t trust you to implement legislation that they pass.  Even if you don’t buy that argument, do you hold yourself totally blameless in the inability it appears to reach agreement with the Republican-led House?

THE PRESIDENT:  Wendell, let’s just take the recent example of immigration.  A bipartisan bill passed out of the Senate, co-sponsored by not just Democrats but some very conservative Republicans who recognize that the system currently is broken and if, in fact we put more resources on the border, provide a path in which those undocumented workers who’ve been living here for a long time and may have ties here are coming out of the shadows, paying their taxes, paying a fine, learning English — if we fix the legal immigration system so it’s more efficient, if we are attracting young people who may have studied here to stay here and create jobs here, that that all is going to be good for the economy, it’s going to reduce the deficit, it might have forestalled some of the problems that we’re seeing now in the Rio Grande Valley with these unaccompanied children.

And so we have a bipartisan bill, Wendell, bipartisan agreement supported by everybody from labor to the evangelical community to law enforcement.  So the argument isn’t between me and the House Republicans.  It’s between the House Republicans and Senate Republicans, and House Republicans and the business community, and House Republicans and the evangelical community.  I’m just one of the people they seem to disagree with on this issue.

So that’s on the comprehensive bill.  So now we have a short-term crisis with respect to the Rio Grande Valley.  They say we need more resources, we need tougher border security in this area where these unaccompanied children are showing up.  We agree.  So we put forward a supplemental to give us the additional resources and funding to do exactly what they say we should be doing, and they can’t pass the bill.  They can’t even pass their own version of the bill.  So that’s not a disagreement between me and the House Republicans; that’s a disagreement between the House Republicans and the House Republicans.

The point is that on a range of these issues, whether it’s tax reform, whether it’s reducing the deficit, whether it’s rebuilding our infrastructure, we have consistently put forward proposals that in previous years and previous administrations would not have been considered radical or left wing; they would have been considered pretty sensible, mainstream approaches to solving problems.

I include under that, by the way, the Affordable Care Act.  That’s a whole other conversation.

And in circumstances where even basic, common-sense, plain, vanilla legislation can’t pass because House Republicans consider it somehow a compromise of their principles, or giving Obama a victory, then we’ve got to take action.  Otherwise, we’re not going to be making progress on the things that the American people care about.

Q    On the border supplemental — can you act alone?

THE PRESIDENT:  Well, I’m going to have to act alone because we don’t have enough resources.  We’ve already been very clear — we’ve run out of money.  And we are going to have to reallocate resources in order to just make sure that some of the basic functions that have to take place down there — whether it’s making sure that these children are properly housed, or making sure we’ve got enough immigration judges to process their cases  — that those things get done.  We’re going to have to reallocate some resources.

But the broader point, Wendell, is that if, in fact, House Republicans are concerned about me acting independently of Congress — despite the fact that I’ve taken fewer executive actions than my Republican predecessor or my Democratic predecessor before that, or the Republican predecessor before that — then the easiest way to solve it is passing legislation. Get things done.

On the supplemental, we agreed on 80 percent of the issues. There were 20 percent of the issues that perhaps there were disagreements between Democrats and Republicans.  As I said to one Republican colleague who was down here that I was briefing about some national security issues, why wouldn’t we just go ahead and pass the 80 percent that we agree on and we’ll try to work to resolve the differences on the other 20 percent?  Why wouldn’t we do that?  And he didn’t really have a good answer for it.

So there’s no doubt that I can always do better on everything, including making additional calls to Speaker Boehner, and having more conversations with some of the House Republican leadership.  But in the end, the challenge I have right now is that they are not able to act even on what they say their priorities are, and they’re not able to work and compromise even with Senate Republicans on certain issues.  And they consider what have been traditionally Republican-supported initiatives, they consider those as somehow a betrayal of the cause.

Take the example of the Export-Import Bank.  This is an interesting thing that’s happened.  This is a program in which we help to provide financing to sell American goods and products around the world.  Every country does this.  It’s traditionally been championed by Republicans.  For some reason, right now the House Republicans have decided that we shouldn’t do this — which means that when American companies go overseas and they’re trying to close a sale on selling Boeing planes, for example, or a GE turbine, or some other American product, that has all kinds of subcontractors behind it and is creating all kinds of jobs, and all sorts of small businesses depend on that sale, and that American company is going up against a German company or a Chinese company, and the Chinese and the German company are providing financing and the American company isn’t, we may lose that sale.

When did that become something that Republicans opposed?  It would be like me having a car dealership for Ford, and the Toyota dealership offers somebody financing and I don’t.  We will lose business and we’ll lose jobs if we don’t pass it.

So there’s some big issues where I understand why we have differences.  On taxes, Republicans want to maintain some corporate loopholes I think need to be closed because I think that we should be giving tax breaks to families that are struggling with child care or trying to save for a college education.  On health care, obviously their view is, is that we should not be helping folks get health care, even though it’s through the private marketplace.  My view is, is that in a country as wealthy as ours, we can afford to make sure that everybody has access to affordable care.

Those are legitimate policy arguments.  But getting our ambassadors confirmed?  These are career diplomats, not political types.  Making sure that we pass legislation to strengthen our borders and put more folks down there?  Those shouldn’t be controversial.  And I think you’d be hard-pressed to find an example of where I wouldn’t welcome some reasonable efforts to actually get a bill passed out of Congress that I could sign.

Last question, Michelle Kosinski.

Q    You made the point that in certain difficult conflicts in the past, both sides had to reach a point where they were tired of the bloodshed.  Do you think that we are actually far from that point right now?  And is it realistic to try to broker a cease-fire right now when there are still tunnel operations allowed to continue?  Is that going to cause a change of approach from this point forward?

THE PRESIDENT:  Well, keep in mind that the cease-fire that had been agreed to would have given Israel the capability to continue to dismantle these tunnel networks, but the Israelis can dismantle these tunnel networks without going into major population centers in Gaza.  So I think the Israelis are entirely right that these tunnel networks need to be dismantled.  There is a way of doing that while still reducing the bloodshed.

You are right that in past conflicts, sometimes people have to feel deeply the costs.  Anybody who has been watching some of these images I’d like to think should recognize the costs.  You have children who are getting killed.  You have women, defenseless, who are getting killed.  You have Israelis whose lives are disrupted constantly and living in fear.  And those are costs that are avoidable if we’re able to get a cease-fire that preserves Israel’s ability to defend itself and gives it the capacity to have an assurance that they’re not going to be constantly threatened by rocket fire in the future, and, conversely, an agreement that recognizes the Palestinian need to be able to make a living and the average Palestinian’s capacity to live a decent life.

But it’s hard.  It’s going to be hard to get there.  I think that there’s a lot of anger and there’s a lot of despair, and that’s a volatile mix.  But we have to keep trying.

And it is — Bill asked earlier about American leadership.  Part of the reason why America remains indispensable, part of the essential ingredient in American leadership is that we’re willing to plunge in and try, where other countries don’t bother trying.  I mean, the fact of the matter is, is that in all these crises that have been mentioned, there may be some tangential risks to the United States.  In some cases, as in Iraq and ISIS, those are dangers that have to be addressed right now, and we have to take them very seriously.  But for the most part, these are not — the rockets aren’t being fired into the United States.  The reason we are concerned is because we recognize we’ve got some special responsibilities.

We have to have some humility about what we can and can’t accomplish.  We have to recognize that our resources are finite, and we’re coming out of a decade of war and our military has been stretched very hard, as has our budget.  Nevertheless, we try.  We go in there and we make an effort.

And when I see John Kerry going out there and trying to broker a cease-fire, we should all be supporting him.  There shouldn’t be a bunch of complaints and second-guessing about, well, it hasn’t happened yet, or nitpicking before he’s had a chance to complete his efforts.  Because, I tell you what, there isn’t any other country that’s going in there and making those efforts.

And more often than not, as a consequence of our involvement, we get better outcomes — not perfect outcomes, not immediate outcomes, but we get better outcomes.  And that’s going to be true with respect to the Middle East.  That’s going to be true with respect to Ukraine.  That’s going to be certainly true with respect to Iraq.

And I think it’s useful for me to end by just reminding folks that, in my first term, if I had a press conference like this, typically, everybody would want to ask about the economy and how come jobs weren’t being created, and how come the housing market is still bad, and why isn’t it working.  Well, you know what, what we did worked.  And the economy is better.  And when I say that we’ve just had six months of more than 200,000 jobs that hasn’t happened in 17 years that shows you the power of persistence.  It shows you that if you stay at it, eventually we make some progress.  All right?

Q    What about John Brennan?

Q    The Africa summit — Ebola?

THE PRESIDENT:  I thought that you guys were going to ask me how I was going to spend my birthday.  What happened to the happy birthday thing?

Q    Happy birthday.

Q    What about John Brennan?

Q    Africa summit?

THE PRESIDENT:  I will address two points.  I’ll address –

Q    And Flight 17?

THE PRESIDENT:  Hold on, guys.  Come on.  There’s just –

Q    And Africa.

THE PRESIDENT:  You’re not that pent up.  I’ve been giving you questions lately.

On Brennan and the CIA, the RDI report has been transmitted, the declassified version that will be released at the pleasure of the Senate committee.

I have full confidence in John Brennan.  I think he has acknowledged and directly apologized to Senator Feinstein that CIA personnel did not properly handle an investigation as to how certain documents that were not authorized to be released to the Senate staff got somehow into the hands of the Senate staff.  And it’s clear from the IG report that some very poor judgment was shown in terms of how that was handled.  Keep in mind, though, that John Brennan was the person who called for the IG report, and he’s already stood up a task force to make sure that lessons are learned and mistakes are resolved.

With respect to the larger point of the RDI report itself, even before I came into office I was very clear that in the immediate aftermath of 9/11 we did some things that were wrong.  We did a whole lot of things that were right, but we tortured some folks.  We did some things that were contrary to our values.

I understand why it happened.  I think it’s important when we look back to recall how afraid people were after the Twin Towers fell and the Pentagon had been hit and the plane in Pennsylvania had fallen, and people did not know whether more attacks were imminent, and there was enormous pressure on our law enforcement and our national security teams to try to deal with this.  And it’s important for us not to feel too sanctimonious in retrospect about the tough job that those folks had.  And a lot of those folks were working hard under enormous pressure and are real patriots.

But having said all that, we did some things that were wrong.  And that’s what that report reflects.  And that’s the reason why, after I took office, one of the first things I did was to ban some of the extraordinary interrogation techniques that are the subject of that report.

And my hope is, is that this report reminds us once again that the character of our country has to be measured in part not by what we do when things are easy, but what we do when things are hard.  And when we engaged in some of these enhanced interrogation techniques, techniques that I believe and I think any fair-minded person would believe were torture, we crossed a line.  And that needs to be — that needs to be understood and accepted.  And we have to, as a country, take responsibility for that so that, hopefully, we don’t do it again in the future.

Q    Mr. President –

THE PRESIDENT:  Now, I gave you a question.

Q    All right.

Q    The summit — the U.S.-Africa –

THE PRESIDENT:  We’ve got a U.S.-Africa Summit coming up next week.  It is going to be an unprecedented gathering of African leaders.  The importance of this for America needs to be understood.  Africa is one of the fastest-growing continents in the world.  You’ve got six of the 10 fastest-growing economies in Africa.  You have all sorts of other countries like China and Brazil and India deeply interested in working with Africa — not to extract natural resources alone, which traditionally has been the relationship between Africa and the rest of the world — but now because Africa is growing and you’ve got thriving markets and you’ve got entrepreneurs and extraordinary talent among the people there.

And Africa also happens to be one of the continents where America is most popular and people feel a real affinity for our way of life.  And we’ve made enormous progress over the last several years in not just providing traditional aid to Africa, helping countries that are suffering from malnutrition or helping countries that are suffering from AIDS, but rather partnering and thinking about how can we trade more and how can we do business together.  And that’s the kind of relationship that Africa is looking for.

And I’ve had conversations over the last several months with U.S. businesses — some of the biggest U.S. businesses in the world — and they say, Africa, that’s one of our top priorities; we want to do business with those folks, and we think that we can create U.S. jobs and send U.S. exports to Africa.  But we’ve got to be engaged, and so this gives us a chance to do that.  It also gives us a chance to talk to Africa about security issues — because, as we’ve seen, terrorist networks try to find places where governance is weak and security structures are weak.  And if we want to keep ourselves safe over the long term, then one of the things that we can do is make sure that we are partnering with some countries that really have pretty effective security forces and have been deploying themselves in peacekeeping and conflict resolution efforts in Africa.  And that, ultimately, can save us and our troops and our military a lot of money if we’ve got strong partners who are able to deal with conflicts in these regions.

So it’s going to be a terrific conference.  I won’t lie to you, traffic will be bad here in Washington.  (Laughter.)  I know that everybody has been warned about that, but we are really looking forward to this and I think it’s going to be a great success.

Now, the last thing I’m going to say about this, because I know that it’s been on people’s minds, is the issue of Ebola.  This is something that we take very seriously.  As soon as there’s an outbreak anywhere in the world of any disease that could have significant effects, the CDC is in communication with the World Health Organization and other multilateral agencies to try to make sure that we’ve got an appropriate response.

This has been a more aggressive Ebola outbreak than we’ve seen in the past.  But keep in mind that it is still affecting parts of three countries, and we’ve got some 50 countries represented at this summit.  We are doing two things with respect to the summit itself.  We’re taking the appropriate precautions.  Folks who are coming from these countries that have even a marginal risk or an infinitesimal risk of having been exposed in some fashion, we’re making sure we’re doing screening on that end — as they leave the country.  We’ll do additional screening when they’re here.  We feel confident that the procedures that we’ve put in place are appropriate.

More broadly, the CDC and our various health agencies are going to be working very intently with the World Health Organization and some of our partner countries to make sure that we can surge some resources down there and organization to these countries that are pretty poor and don’t have a strong public health infrastructure so that we can start containing the problem.

Keep in mind that Ebola is not something that is easily transmitted.  That’s why, generally, outbreaks dissipate.  But the key is identifying, quarantining, isolating those who contract it and making sure that practices are in place that avoid transmission.  And it can be done, but it’s got to be done in an organized, systematic way, and that means that we’re going to have to help these countries accomplish that.

All right?  Okay.

Q    Happy Birthday, Mr. President.

THE PRESIDENT:  There you go, April.  (Laughter.)  That’s what I was talking about — somebody finally wished me happy birthday — although it isn’t until Monday, you’re right.

Thank you so much.

END                3:34 P.M. EDT

Full Text Obama Presidency July 24, 2014: President Barack Obama’s Speech on the Economy at Los Angeles Trade-Technical College

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 113TH CONGRESS:

Remarks by the President on the Economy — Los Angeles, CA

Source: WH, 7-24-14

Los Angeles Trade-Technical College
Los Angeles, California

1:15 P.M. PDT

THE PRESIDENT:  Hello, L.A.!  (Applause.)  Good to see you! Hello, Los Angeles!  (Applause.)  Thank you.  Thank you so much. Thank you, everybody.  Now, if you’ve got a seat, sit down.  I know that a couple people have been getting overheated.  A tip for you — if you’ve got some water, then drink.  Standing in the sun is rough.  Bend your knees a little bit.  And I’m going to try to be fast.

AUDIENCE MEMBER:  God Almighty, Jesus Christ — (inaudible.)

THE PRESIDENT:  That’s okay.

AUDIENCE:  Obama!  Obama!  Obama!

THE PRESIDENT:  All right.  (Applause.)  Thank you.  Now, I have to admit that I’ve actually met that guy before.  (Laughter.)  That’s a couple of years ago and he had the same line.  He needs to update his material.

All right, everybody, settle down for a second.  First of all, I’d like everybody to say thank you to Katrice not only for the great introduction, but for the great work she’s doing helping to train people to get the kinds of jobs that we want and opportunity for people that don’t have it.  So, Katrice, thank you so much.  (Applause.)  We’re proud of you.

My understanding — we understand we also have — Congresswoman Karen Bass is here.  Where’s Karen?  (Applause.)  We love Karen.  There’s Karen Bass.  We’ve got — America’s Secretary of Labor, Tom Perez, is here.  Give Tom a big round of applause.  (Applause.)

And we want to thank L.A. Trade Technical College for your hospitality.  (Applause.)  This is a school that does good work helping the unemployed retrain for new careers.  And that’s one of the things I want to talk about today.

AUDIENCE MEMBER:  I love you!

THE PRESIDENT:  I love you back.  (Applause.)

I always love being in California.  I spent a couple good years here in college myself.

AUDIENCE MEMBER:  Occi Tigers!

THE PRESIDENT:  Occi — that’s right, Occi Tigers.  Earlier today, I sat down at Canter’s with Katrice and a few Californians who wrote to me.  I get letters from folks all across the country and I read them every night.  And folks tell me their stories — about their worries and their hopes and hardships and successes. Some say I’m doing a good job.  Some say I’m an idiot — which let’s me know that I’m getting a representative sample.  (Laughter.)

But in addition to Katrice, a young woman named Kati Koster was there, and she told me about her life.  She grew up in a working-class neighborhood in Wisconsin.  Her parents taught her to value education, that that was going to be the ticket to the middle class.  First in her family to go to college; moved on to get her master’s degree from Pepperdine, stayed out in California.  (Applause.)

And she wrote to tell me that she’s always played by the rules, valued education, worked hard but she felt “trapped” because no matter how hard she worked it seemed like she couldn’t get ahead.  And she said, “If earning an education doesn’t open doors for someone like me to rise above my socioeconomic class…what does that say about our country?”  “What does it say about our values,” she asked.  She said, “I try not to be cynical, but one shouldn’t have to be rich or from a wealthy family in order to pay their bills, save some money, have fun, enjoy life.” She said, “I didn’t write this letter to complain.  I wrote because I don’t know what else to do, and as the President of my country I hoped you would listen to my story.”

So, L.A., I’m here because I am listening to Kati’s story.  I’m listening to Americans all across the country, everybody who works their tail off, is doing the right thing, who believes in the American Dream, just wants a chance to build a decent life for themselves and their family.  You are why I ran for President in the first place.  And I am always going to be listening to you.  (Applause.)

Now, the crisis that hit near the end of that campaign back in 2008 cost millions of Americans their jobs, their homes, their sense of security.  But today, our businesses have added nearly 10 million new jobs over the past 52 months.  The unemployment rate is at its lowest point since September of 2008.  (Applause.) And this past year, we saw one of the fastest drops in nearly 30 years in the unemployment rate.  (Applause.)  The decisions we made not only to rescue the economy, rescue the auto industry, but to rebuild it on a new foundation — those decisions are paying off.

We’re more energy independent.  The world’s number-one oil and gas producer is not Russia, it’s not Saudi Arabia — it’s the United States of America.  (Applause.)  We’ve reduced our carbon pollution over the past eight years more than any country on Earth.  You saw an L.A. Times headline the other day that said “2014 off to the hottest start on record for California.”  That’s why we have to worry about climate change.

We’ve tripled the electricity we’re getting from wind power, generating enough last year to power every home in California.  We now generate 10 times the solar electricity, creating tens of thousands of jobs across the country.  California is so far ahead of the rest of the country in solar that earlier this year, solar power met 18 percent of your total power demand one day.  That’s the kind of progress, kind of leadership we need.  (Applause.)

But it’s not just the energy sector.  In education, our high school graduation rate is at a record high.  The Latino dropout rate has been cut in half since 2008.  (Applause.)  More young people are earning their college degrees than ever before.  Meanwhile, 401(k)s have restored their value.  Fewer homes are underwater.  Millions more families have the peace of mind of affordable health care when you need it because we did pass the Affordable Care Act.  (Applause.)

None of this was an accident.  We made some good decisions, but we also saw the resilience and the resolve of the American people.  And because of that, we’ve recovered faster, we’ve gone farther than almost any country on Earth since the economic crisis.  For the first time in more than a decade, business leaders around the world have declared that the number-one place to invest is not China; it’s the United States of America.  And our lead is growing.  (Applause.)

So — USA!

AUDIENCE:  USA!  USA!  USA!

THE PRESIDENT:  So there are reasons — we’ve got every reason to be optimistic about America.  We hold all the best cards.  We’ve got the best hand.  But the decisions we make now are going to determine whether or not working Americans like Kati continue to feel trapped, or whether they get ahead; whether the economic gains that we make just go to a few at the top, or they help to grow an economy and grow incomes and growing middle-opportunities for everybody.

And that’s what’s at stake right now — making sure our economy works for every working American.  That’s why I ran for President.  That’s what I’m focused on every day.  (Applause.)   This is the challenge of our time.  We can’t be distracted.  And if you’re in public office, and you don’t have an answer for somebody like Kati, if you’re not thinking about her and folks who are working hard but still struggling every day, why are you in public service?  (Applause.)

So today, I’m here to focus on one thing that we should be doing, which is training more Americans to fill the jobs we’re creating.  Right now, there are more job openings in America than any time since 2007.  That doesn’t always make headlines, it’s not sexy so the news doesn’t report it, but it’s a big deal.  And the job training programs can help folks who fell on hard times in the recession, help them find a solid path back to the middle class.

And I’m always impressed by people who have the courage to go back to school, especially later in life.  (Applause.)  Last month, in Minnesota, I met a woman named Rebekah, a wonderful young woman.  A few years ago, she was waiting tables.  She enrolled in a community college, retrained for a new career; today, she loves her job as an accountant.  Joe Biden’s wife, Jill Biden, teaches at a community college.  A lot of her students are in their 30s.  One of the women I met with this morning, Joan Waddell, wrote me to say she’s ready to get back in the game at age 60, after caring for a sick husband, but older workers like her need a little support.  And she wrote, “We are a great investment and we want to be part of the workforce.”  And if you’d met Joan you’d want to hire her because she is sharp.

So Americans are the best workers in the world — if we’re given a chance.  If we work together, we can help more of our fellow citizens learn the skills that growing fields require — in high-tech manufacturing, in clean energy, in information technology, and in health care.

Now, the good news is, earlier this week, I signed a bipartisan bill into law that would help communities update and invest in job training programs like these.  And I got to say I had so much fun actually signing a bipartisan bill from Congress — I said, why don’t you all do it more often?  (Laughter and applause.)  Why don’t you focus on getting some stuff done for the American people?  It feels good.  (Applause.)

So my administration has taken some steps on our own.  We’ve rallied employers to give the long-term unemployed a fair shot at a job.  We’re offering grants to community colleges that work with companies to expand apprenticeships.  We’re helping cities identify fields with job openings, and custom-tailor programs to help workers earn the skills employers are looking for right now, whether it’s welding metal or coding computers.  If your job has been stamped “obsolete” and shipped overseas, or displaced by new technology, your country should help train you to land an even better job in the future.  And that’s something we can do if we work together.  (Applause.)

So this is just some of what we should be doing to help strengthen the middle class and help Americans who are working to join the middle class.  And what I keep hearing from folks across the country is that if Congress had the same priorities most Americans did, if they felt the same urgency that you feel in your own lives, we’d be helping a lot more families right now.

I mean, think about what Congress hasn’t done, despite the fact that I’ve been pushing them to do it.  Congress won’t act to make sure a woman gets fair pay.  Why not?  I went ahead and made sure more women have the protections they need to fight for fair pay in the workplace — because I believe equal pay shouldn’t mean equal work — (applause.)  And when women succeed, America succeeds.  Why isn’t Congress doing something?

AUDIENCE MEMBER:  (Inaudible.)

THE PRESIDENT:  Well, I get you, I understand that.

Congress won’t act to help more young people like Kati manage their student loan debt.  I acted to give nearly five million Americans the chance to cap their payments at 10 percent of their income.  I don’t want future leaders saddled with debt they can’t pay before they’ve even started off in life.  Why don’t we see House Republicans working with Democrats who’ve already said, we’re behind making student loans more affordable? (Applause.)

Today marks exactly five years since the last time the minimum wage went up in this country.  That’s too long between raises for a lot of Americans.  I’ve done what I can by requiring federal contractors to pay their employees a fair wage of $10.10 an hour.  And since the first time I asked Congress to raise the minimum wage, 13 states and D.C. have gone ahead and raised theirs.  (Applause.)  And here is something interesting — states that have increased the minimum wages this year have seen higher job growth than those who didn’t raise the minimum wage.  (Applause.)  America deserves a raise.  It will be good for those workers and good for business.

So I’m not going to stop trying to work with Democrats and Republicans to make a difference in your lives.  But I’ve got to call things as they are.  What’s really going on is that Republicans in Congress are directly blocking policies that would help millions of Americans.  They are promoting policies that millions of Americans.  Just this year, on the other hand, they voted to give another massive tax cut to the wealthiest Americans.

AUDIENCE:  Booo –

THE PRESIDENT:  Just last week, they actually voted to gut the rules we put in place to make sure big banks and credit card companies couldn’t hurt consumers and cause another crisis.  They’re going in the wrong direction.  Our economy does not grow from the top down; it grows from the middle class out.  We do better when middle-class families and folks who are working hard to get into the middle class have a chance.  (Applause.)

So just in case some Republicans are listening, let me give you an example of a place where Democrats and Republicans should be able to work together to make a difference.  I want everybody to pay attention to this.  Right now, our businesses are creating jobs, more companies are choosing to bring jobs back to America. But there’s another trend that is a threat to us.  Even as corporate profits are higher than ever, there’s a small but growing group of big corporations that are fleeing the country to get out of paying taxes.

AUDIENCE:  Booo –

THE PRESIDENT:  Well, hold on a second.  I want you — I say fleeing the country, but they’re not actually do that.  They’re not actually going anywhere.  They’re keeping most of their business here.  They’re keeping usually their headquarters here in the U.S.  They don’t want to give up the best universities and the best military, and all the advantages of operating in the United States.  They just don’t want to pay for it.  So they’re technically renouncing their U.S. citizenship.  They’re declaring they’re based someplace else even though most of their operations are here.  Some people are calling these companies “corporate deserters.”

And it’s only a few big corporations so far.  The vast majority of American businesses play by the rules. But these companies are cherry-picking the rules.  And it damages the country’s finances.  It adds to the deficit.  It makes it harder to invest in things like job training that help keep America growing.  It sticks you with the tab to make up for what they’re stashing offshore through their evasive tax policies.

Now, the problem is this loophole they’re using in our tax laws is actually legal.  It’s so simple and so lucrative, one corporate attorney said it’s almost like “the Holy Grail” of tax avoidance schemes.  My attitude is I don’t care if it’s legal — it’s wrong.  (Applause.)  And my attitude is, is that nobody begrudges our companies from turning a profit — we want them to be profitable.  And in a global economy, there’s nothing wrong with companies expanding to foreign markets.  But you don’t get to pick the tax rate you pay.  Folks, if you’re a secretary or you’re a construction worker, you don’t say, you know what, I feel like paying a little less, so let me do that.  You don’t get a chance to do that.  These companies shouldn’t either.

And the practice they’re engaging is the same kind of behavior that keeps middle-class and working-class families working harder and harder just to keep up.

So the good news is there’s a way to change this.  We could end this through tax reform that lowers the corporate rate, closes wasteful loopholes, simplifies the tax code so people can’t game it.

And over the past two years, I’ve put forward plans that would have cut corporate taxes and made our tax system more competitive — but Congress hasn’t done anything — as usual.  Now, some members of Congress, in both parties, have been working together on responsible corporate tax reform so we don’t have to keep playing whack-a-mole, trying to chase folks around, we’d finally start dealing with these special interest tax loopholes. But that’s going to take some time.  And in the meantime, we need to stop companies from renouncing their citizenship just to get out of paying their fair share of taxes.  We can’t wait for that. You shouldn’t get to call yourself an American company only when you want a handout from American taxpayers.  (Applause.)

That’s why, in my budget earlier this year, I proposed closing this unpatriotic tax loophole for good.  Democrats in Congress have advanced a proposal that would do the same thing.  A couple of Republicans have said they want to address it, too. Let’s everybody get together, Democrats and Republicans, to deter companies from rushing to take advantage of this tax loophole. And let’s make sure that we’re rewarding companies that are investing and paying their fair share here in the United States.

And this is not a partisan issue.  Just 10 years ago, a Republican-led Congress cracked down on corporations moving to offshore tax havens like the Cayman Islands.  We should do it again.

I’m not interested in punishing these companies.  But I am interested in economic patriotism.  Instead of doubling down on top-down economics, I want an economic patriotism that says we rise or fall together, as one nation, and as one people.  (Applause.)

Economic patriotism says it’s a good thing when we close wasteful tax loopholes and invest in education, and invest in job training that helps the economy for everybody.  Instead of tax breaks for millionaires, let’s give tax breaks to families to help on child care or college.  (Applause.)  Let’s stop rewarding companies that ship jobs overseas; give tax breaks to companies that are bringing jobs back to the United States.  (Applause.)   Let’s put America back to work rebuilding roads and bridges and airports.  Let’s make sure the next generation of good manufacturing is happening right here in Los Angeles, and in Wisconsin, and in Pittsburgh, Pennsylvania.

Economic patriotism says it’s a good thing when our fellow citizens have access to preschool, and college, and, yes, health care that is affordable.  (Applause.)  It’s a good thing when women earn the same as men for doing the same work.  It’s a good thing when nobody who’s working full-time has to raise a family in poverty.  (Applause.)  That’s not un-American.  It’s how we built America — together.  That’s what economic patriotism is.

So let me just close by saying this.  The hardest thing in politics is to change a stubborn status quo.  It’s even harder when Washington seems focused on everything but the concerns of you.  There are plenty of folks out there who count on you being cynical and say you’re not going to vote, you’re not going to get involved.  And that just gives more power to the special interests who already benefit from the status quo.

Cynicism is fashionable these days.  But I got to tell you, cynicism didn’t put a man on the moon.  Cynicism did not create the opportunity for all our citizens to vote.  Cynicism has never won a war, or cured a disease, or started a business, or fed young minds.

I believe in optimism.  I believe in hope.

AUDIENCE:  Yes!

THE PRESIDENT:  I believe in America making progress.  And despite unyielding opposition, there are workers with jobs who didn’t have them before because of what we’ve done.  There are families who have health insurance because of what we’ve done. There are students who are going to college who weren’t going before because of what we’ve done.  There are troops who have finally come home after serving tour after tour overseas because of what we’ve done.  (Applause.)

Don’t let the cynics get you down.  Cynicism is a choice — and hope is a better choice.  And if we can work together, I promise you there’s no holding America back.

Thank you, Los Angeles.  I love you.  God bless you.  God bless America.  (Applause.)

END
1:37 P.M. PDT

Full Text Obama Presidency July 12, 2014: President Barack Obama’s Weekly Address: Expanding Opportunity – It’s Time for Congressional Republicans to Do Their Part

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 113TH CONGRESS:

Weekly Address: Expanding Opportunity – It’s Time for Congressional Republicans to Do Their Part

Source: WH, 7-12-14

WASHINGTON, DC — In this week’s address, the President recapped his visits with folks who have written him letters about their own American stories — their successes and struggles. While Congressional Republicans are blocking meaningful measures that would strengthen the middle class, the President continues looking for ways to grow the economy and expand opportunity for more hardworking Americans. The President again urged Congress to join him, as they were elected to do, in working on behalf of everyday Americans – including those the President spent time with this week – by investing in our infrastructure to support American jobs, and ensuring that the Highway Trust Fund does not expire.

The audio of the address and video of the address will be available online at www.whitehouse.gov at 6:00 a.m. ET, July 12, 2014.

Remarks of President Barack Obama
Weekly Address
The White House
July 12, 2014

Hi, everybody.  This week, I spent some time in Colorado and Texas, talking with people about what’s going on in their lives.

One of them was Elizabeth Cooper, who’ll be a college junior this fall.  She wrote to tell me something I hear often: how hard it is for middle-class families like hers to afford college.  And she shared something I know many of you feel when you wonder what’s going on in Washington.  She said she feels “not significant enough to be addressed, not poor enough for people to worry [about], and not rich enough to be cared about.”

I ran for President to fight for Americans just like Elizabeth – people who work hard, do everything right, and just want a chance to build a decent life for themselves and their families.

And after the worst economic crisis in generations, our businesses have now created nearly 10 million new jobs over the past 52 months.  The unemployment rate has fallen to its lowest point since 2008.  By almost every measure, our economy is better off than it was five years ago.

But while we’ve created more jobs at this point of the year than any year since 1999, too many families barely earn what they did in 1999.  It’s harder to pay for college, save, or retire, because people’s wages and incomes have not gone up.  Nearly all the gains of the recovery are going to the very top – and aren’t making a difference in your lives.

And I believe America does better when the middle class does better.  And I’ve laid out an opportunity agenda to create jobs, train workers, educate our kids, and make sure hard work actually pays off.

These are the things we should be doing to grow the middle class and help folks work their way into the middle class.  And it’s pretty uncontroversial stuff. I hope we can work together on it.  And I’m always willing to compromise if folks have other ideas or if it advances generally the interests of working Americans.

But so far this year, Republicans in Congress have blocked every serious idea to strengthen the middle class.  Lifting the minimum wage, fair pay, student loan reform – they’ve said no to all of it.  And that’s when I’ve acted this year to help working Americans on my own– when Congress won’t act.

I’ve taken actions to attract new jobs, lift workers’ wages, help students pay off their loans, and more.  And the Republican plan right now is not to do some of this work with me – instead, it’s to sue me.  That’s actually what they’re spending their time on.  It’s a political stunt that’s going to waste months of America’s time.  And by the way, they’re going to pay for it using your hard-earned tax dollars.

I have a better idea: do something, Congress.  Do anything to help working Americans.  Join the rest of the country. Join me, I’m looking forward to working with you.

You know, on Tuesday, I met with Carolyn Reed and her husband David, who own six Silver Mine Sub shops in Colorado.  Two days later, they announced they’re giving their hourly employees a raise to ten dollars and ten cents an hour.

They’re not waiting for Congress.  Carolyn said, “We are happy to be a part of what I hope will be a growing voluntary trend in increased wages.”

Carolyn and Americans like her all across the country are happy to do their part.  Congress now needs to step up and do its part.  And next week, I’ll travel to a couple of job sites to talk about how Democrats and Republicans can work together to grow the economy and protect nearly 700,000 jobs by passing a highway bill by the end of the summer.

I’m here because hardworking Americans like Elizabeth and Carolyn.  That’s something I’ll never forget – it’s something I’ll never stop fighting for.  Thanks, and have a great weekend.

Full Text Obama Presidency July 9, 2014: President Barack Obama’s Speech on the Economy in Denver, Colorado

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 113TH CONGRESS:

Remarks by the President on the Economy, Denver, CO

Source: WH, 7-9-14

Cheesman Park
Denver, Colorado

10:27 A.M. MDT

THE PRESIDENT:  Hello, everybody!  (Applause.)  Hello, Denver!

AUDIENCE:  Hello!

THE PRESIDENT:  Everybody have a seat.  So I think we should just stay here all afternoon and have a picnic.  (Applause.)  This is really nice around here.  Wow!  What a gorgeous day.

Can everybody please give Alex a big round of applause for that great introduction?  (Applause.)  It is so good to be back in Denver.  It is great to be back in Colorado.  As all of you know, I spent a lot of time here in my last campaign.  I have been itching to get back.

I got to have dinner last night with Alex and four other Coloradans — Elizabeth Cooper, Leslie Gresham, Carolyn Reed and her husband David — at the Wazee Supper Club.  (Applause.)  It was tasty.  That was some good pizza.  (Laughter.)  And then I walked down the block to shoot some pool with Governor Hickenlooper at his old bar, the Wynkoop Brewing Company.  You should not ask him who won.  (Laughter.)  No, no, really, don’t ask Governor Hickenlooper who won at pool.  (Laughter.)  And it’s a great time to be in this beautiful park with my friend, Ken Salazar — (applause) — who I love and I haven’t seen in a while.  There he is right there.  (Applause.)  As well as your Congressman, Ed Perlmutter.  Yay, Ed.  (Applause.)

So let me tell you why I’m here.  Every day, we get thousands of letters and emails at the White House.  I think it’s something like 40,000 a day of some sort of correspondence.  And every night, our Correspondence Office selects 10 letters for me to read.  And I’ve been doing that since I first came into office.  And it’s one of the most important things I do — it’s right there next to my national security briefing and whatever policy issues that we’re supposed to be working on — because it reminds me of why I ran for office.

And so I have a chance just to hear from people as they tell their stories.  They talk about the hardships that they’re going through; sometimes they talk about a success that they’ve had.  Kids write to me, asking questions about what I’m doing about climate change, or how old is Bo.  (Laughter.)  So people describe to me their fears and their hopes not just for themselves, but also for their children and their grandchildren and for the country.  And sometimes they thank me for taking a position on an issue.  And sometimes they say, how dare you take that position on an issue.  And sometimes people say they’re proud of the work that I’ve done, and sometimes people call me an idiot — or worse than an idiot — which is how I know that I’m getting a good sample.  (Laughter.)

So Alex wrote to tell me that the day after my State of the Union address, her boss gave her a raise to $10.10 an hour.   Alex actually, last night, confessed she actually didn’t watch my State of the Union address.  (Laughter.)  Which, hey, I understand.  (Laughter.)  When I was her age, I’m sure I missed a whole bunch of State of the Union addresses.  But her boss caught it, and he decided, let me make sure I’m paying my employees a fair wage.

Carolyn, from up in Wellington, wrote to say she and David used an SBA loan from the Recovery Act to open the third of their six Silver Mine Subs shops.  (Applause.)  Oh, you know Silver Mine?  All right.  Everybody is happy about that.  It was a wonderful story because both her and her husband were Teamsters.  See, she worked at UPS, and he worked for Bud.  And they just knew that they wanted to start something of their own.  And she described to us last night what it was like to take the risk to mortgage the house and make a business for herself, and then now to have a hundred employees and to be giving those folks an opportunity.  They’re hiring, by the way — (laughter) — in case people are interested.

Leslie, from Parker, wrote to say she’d been teaching preschool for 26 years and was an Early Childhood education — Educator of the Year, just a wonderful teacher.  But she described the difference she could see in children who had that early exposure to the kind of classroom education that she’s providing.

And Elizabeth, who’s going to be a junior this fall at the University of Northern Colorado, wrote to tell me how hard it is for middle-class families like hers to afford college.  And she shared something I know many of you feel when you wonder what the heck is going on in Washington.  She wrote she feels “not significant enough to be addressed, not poor enough for people to worry about, and not rich enough to be cared about.”  That’s what she wrote.

So part of the reason I wanted to have dinner with these folks is because they reminded me of why I ran for office and what I’m supposed to be doing every single day.  And the reason I’m here today is very simple:  I’m here because of Elizabeth, and Alex, and Carolyn, and Leslie.  And I’m here for every American who works their tail off and does everything right and who believes in the American Dream — (applause) — and asks for nothing but a chance at a decent life for themselves and their families.  That’s why I’m here.  (Applause.)  And to tell all of you that I hear you.

I mean, sometimes it’s as simple as that — that I am listening and paying attention, partly because when I listen to Alex or I listen to Carolyn or I listen to any of the folks that I met with, I see myself in them.  Because I remember my first minimum wage job — at Baskin Robbins, by the way — (laughter) — I had to wear a cap and an apron — and how like a little raise would have really helped.  I think about what it was like for me to finance college.  I think about childcare costs when Michelle and I were first starting out with Malia and Sasha.  Your stories are ours.  You’re why I ran.

And so what I want to make sure of is, is that as screwed up sometimes as Washington gets, that everybody here understands that there’s progress to be made, and that there’s somebody out there who’s fighting for them, even if it sometimes feels like the system is rigged against them.

The other thing I want to make sure people understand is, is that we are making progress, as bad as the news looks, if all you were doing was watching cable TV all day long.  Yes, the crisis that hit towards the end of my first campaign hit us all really badly; 2007, 2008, that was rough.  But today, our businesses have added nearly 10 million new jobs over the past 52 months.  (Applause.)  Construction and housing are rebounding.  Our auto industry is booming.  Manufacturing is adding jobs for the first time since the ‘90s.  The unemployment rate has fallen to its lowest point since September of 2008 — the fastest one-year drop in nearly 30 years.  (Applause.)

And, look, most of this is attributable to you, the American people — starting businesses, and paying down debt, and tightening belts, and doing all kinds of stuff just to make sure that you kept on and were able to look after your families.  But the decisions we made early on not only stopped the slide, but also built a new foundation for our economy, and they’re paying off now.

We’re more energy independent.  We’ve tripled the electricity we generate from the wind, ten times from the sun, creating jobs across the country — (applause) — while producing more oil at home than we buy abroad for the first time in nearly 20 years.  Our energy sector is booming.  (Applause.)  And, by the way, we’re doing that while reducing our carbon emissions more than any other country over the last five years.  So we’re making progress on climate change as well.  (Applause.)

In education — our high school graduation rate is at a record high.  (Applause.)  The Latino dropout rate has dropped in half.  More young people are graduating from college than ever before.  (Applause.)  We’ve made our tax code fairer.  We cut our deficits by more than half.  We’ve given millions more Americans the security of health care that means you won’t go broke just because you get sick.  (Applause.)

So thanks to the hard work of you — and some actually pretty smart policies by us — (laughter) — we have come farther and recovered faster than almost any other advanced nation on Earth.  More companies are choosing to bring back jobs from overseas.  Thanks to our leadership in technology and innovation, for the first time in more than a decade, business leaders around the world have declared China is not number one when it comes to the place to invest, the United States is.  And our lead is growing.  (Applause.)

So despite what you may hear, there is no doubt we are making progress.  By almost every measure, we are better off than when I took office — by almost every measure.  (Applause.)  But here’s the thing — and this is why I’ve got to get out more and have lunch with — and pizza with my friends — because the fact is, we know we’ve still got a long way to go.

Here’s the challenge:  We’ve created more jobs at this point of the year than any year since 1999.  More jobs have been created in the first half of this year than we have since the ‘90s.  But many families barely earn what they did in the ‘90s.  Corporate profits are higher than ever.  CEOs make more than ever.  But most people are working harder than ever just to get by.  Wages, incomes have flat-lined.  They have not gone up.

So as a whole, the country is doing better, but too much improvement goes to the folks at the top and not enough of it is making a difference in the lives of ordinary Americans.  (Applause.)  And that’s what we should be spending all our time talking about, how do we reverse some of those trends.  That’s what I came to Denver to talk about, that issue — how do we make sure if you work hard, do the right thing you can get ahead.  Washington may chase whatever political story they think will get attention, but to me the only story that matters is your story.  And I am here to say that this country does not succeed when just a few at the top do well and everybody else is treading water.  America does better when the middle class does better, when folks who work hard can afford to buy what they make and provide for our families and leave something better for our kids.  (Applause.)

So this is what I’m spending time on.  This is what I’m fighting for.  This is my opportunity agenda.  I’m focused on how do we create good jobs that pay good wages — jobs in American manufacturing and construction, in American energy and innovation.

I’m fighting for an opportunity agenda that trains more workers with the skills to fill those jobs at community colleges and in apprenticeships and internships that give young people a solid start.

We’re fighting for an opportunity agenda that guarantees every child a world-class education, from high-quality pre-K, to a redesigned high school, to colleges and a rewarding career that’s affordable and you’re not loaded up with debt.  (Applause.)

We’re fighting to make sure your hard work pays off with higher wages that you can live on and savings you can retire on — workplace flexibility, so if your kids get sick or you’ve got an ailing parent you’re not looking at losing your job; overtime pay that you’ve earned; affordable health care that’s there when you get sick and you need it most.

We’re fighting for the idea that everybody gets opportunity — no matter what you look like, or where you come from, or who you love, or how you grew up, or what your last name is.  America is a place where you should be able to make it if you try.  (Applause.)

And the good news is we actually know how to do some of these things.  If we make just some modest changes — we don’t need revolutionary changes.  If we made some modest changes, made some sensible decisions we’d create more jobs, we’d lift more income, we’d strengthen the middle class.  We wouldn’t solve every problem overnight, but we’d be making more progress even than we’re already making.  That’s what we should be doing.  And of course, that’s what drives you nuts about Washington, because that’s not what it’s doing.  (Laughter.)

After everything we’ve been through together, you’d think that these challenges would absorb the attention of folks in Washington.  But these days, basic common-sense ideas cannot get through Congress.  Basic stuff — stuff that used to be uncontroversial.  It used to be that Republicans, Democrats, everybody said, you know what, America, it’s a good thing when we build roads and bridges and a smart grid to transmit energy — all those things are good for business, they’re good for workers, it helps — now they can’t seem to pass a bill, just to fund basic projects that we know are good for our economy.

We have evidence that early childhood education, every dollar we spend there, you get seven bucks back — (applause) — because kids to better in school, they don’t drop out, they’re less likely to get in trouble.  They’re less likely to go to jail.  They’re more likely to be taxpayers later on.  But you look at Congress — they can’t do it.

Think about it.  So far this year, Republicans in Congress have blocked or voted down every serious idea to strengthen the middle class.  They’ve said no to raising the minimum wage.  They said no to fair pay legislation so that women are getting paid the same as men for doing the same work.  They said no to unemployment insurance for Americans who are out there looking for a new job.  I know, because I get letters from them every day — folks who have worked all their lives, paid taxes all their lives.  And now, right when they’re having a tough time because of an unprecedented recession that we just went through, and they need a little help so they don’t lose their house or they don’t lose their car, suddenly Congress can’t do it.

Congress just said no to fixing our broken immigration system in a way that strengthens our borders and our businesses — despite the fact that everybody from law enforcement to corporations to evangelicals — there’s a coalition around immigration reform that’s unprecedented.  These guys still can’t get their act together.

Rather than invest in education that lets working families get ahead, they voted to give another massive tax cut to the wealthiest Americans.  Rather than invest in roads and bridges to create construction jobs and help our businesses succeed, they’ve chosen to preserve and protect tax loopholes for companies that shift their profits overseas that don’t do anybody any good.

Republicans in Congress right now have shown over and over they’ll do anything to rig the system for those at the top or to try to score political points on me, even if the obstruction keeps the system rigged against the middle class.  The best thing you can say for them this year is they haven’t yet shut down the government or threatened to go deadbeat on America’s obligations.  But it is still early, so — (applause.)

Now, I always have to say this:  I don’t think that they’re all terrible people.  I think they love their families.  They love the country.  They’ve got a different economic theory.  Maybe they don’t know what ordinary folks are going through.  But maybe it’s not that they don’t get it.  Maybe it’s just because the theory they have is, is that if the economy is doing good for folks at the very top, then it’s going to help everybody else — despite the fact that we have evidence over and over again that those theories have failed the middle class.

More tax breaks to those at the top.  Fewer investments in things like education.  Looser rules for big banks, or credit card companies, or polluters, or insurers — they believe all that stuff really makes the economy hum and prosperity trickles down.

Just because they believe it doesn’t mean the rest of us believe it — because we know from our history it doesn’t work.  Our economy grows best from the middle out, when everybody has a shot, everybody is doing well.   (Applause.)  And with a slight change of priorities, we could do it.  We could help a lot more Americans get ahead.  And folks at the top will do well too.  (Applause.)  Everybody will do better.  (Applause.)

And, by the way, Republicans used to understand this.  This is not like a crazy Democratic, socialist idea.  (Laughter.)  My favorite President is a Republican:  Abraham Lincoln, who helped build a Transcontinental Railroad and invested in the Homestead Act that helped people get land; and invested in our first major federal scientific research; understood that you make these common investments — land-lease colleges — or land-grant colleges, that all these things would end up giving people tools to improve themselves and thereby improve the country.  And we couldn’t all do it alone.  We had to do it with each other.

This wasn’t just a Democratic idea.  Eisenhower built the Interstate Highway System.  Teddy Roosevelt started our national parks.  These are basic ideas that made America work.  They’re not partisan.  So I’m going to keep on working with Republicans and Democrats to try to get things moving over there.

In the meantime, I’m not going to stand by while partisan gridlock or political games threaten the hard work of millions of Americans.  (Applause.)  So wherever and whenever I can go ahead and help families like yours, I’ve got the legal authority to do it, I’m going to do it.  (Applause.)  I’m not going to wait.  Not going to wait.  (Applause.)

That’s why I’ve taken a bunch of actions this year just to help working Americans while still reaching out to Congress.  What I’ve said to them is, if you’re not acting, I’m going to go ahead and do what I can.

So if Congress won’t act to make sure women have the ability to get equal pay for equal work, I made sure that women had the protections they need to fight for fair pay in the workplace.  (Applause.)  I think when women succeed, America succeeds.  We’re going to keep on investing in that.  (Applause.)
If Congress won’t act to create jobs in construction or manufacturing, we’re going to go ahead and speed up permits for big projects that are already funded, and launch new hubs to attract more high-tech manufacturing jobs — because I want to make sure the next revolution in manufacturing and technology is an American revolution, right here in the United States.  I don’t want it going to France or Germany or China.  I want it to happen here.  (Applause.)

If Congress won’t act to help more young people manage their student loan debt — and Republicans voted against a bill that would have allowed young people to refinance at lower rates — I went ahead and gave nearly 5 million Americans the opportunity to cap their student loan payments at 10 percent of their income.  (Applause.)  I don’t want them saddled with debt before they start out in life.  I want to make sure that they’re able to pursue a career in teaching or social work, or work in a non-for- profit, and they can still afford it.  (Applause.)

Republicans so far refuse to raise workers’ wages.  I did what I could — it turns out I’m a pretty big employer.  (Laughter.)  So I said any federal worker — anybody who works for federal contractors, they’re going to have to pay their employees a fair wage of at least $10.10 an hour.  (Applause.)   And I asked business owners and governors and mayors and state legislators to do what they could on their own.  (Applause.)

And, by at way, since I first asked Congress to raise the minimum wage, 13 states have gone ahead and raised theirs — and those states have seen higher job growth than the states that haven’t raised their minimum wage.  (Applause.)  And more and more business owners are choosing to lift wages for workers like Alex.  America needs a raise.  And, by the way, when America needs a raise — I was telling Carolyn, our sub owner, last night, and she made the simple point, look, I want tax cuts and raises for my workers and for others who don’t have a lot because that means they’re going to buy more sandwiches.  I can already afford a sub sandwich.  If you give me a tax cut I’m not going to spend — I’m not going to buy more sub sandwiches; I can only eat so many.  (Laughter.)  But that’s true about the economy generally.  When you give tax breaks and you give raises, you raise the minimum wage, you give a bigger chance to folks who are climbing the ladder, working hard, don’t have a lot at the end of the month, that money gets churned back into the economy.  And the whole economy does better, including the businesses.

Now, I gather that some of the Republicans in Congress are mad at me for going ahead and doing things.  (Laughter.)  And I don’t know which things they find most offensive, whether it’s creating jobs, or easing student loan burdens, or raising wages, but it’s really bothering them.  They have a plan to sue me.  They have plans to sue me for taking executive actions that are within my authority — while they do nothing.

I have a better idea.  They should do something.  (Applause.)  I will work with them.  Rather than engage in political stunts that waste time and taxpayer money, join me.  Let’s do some things together.  Let’s build some roads.  Let’s give America a raise.  Let’s help families with childcare costs. There are all kinds of things we can do.  Don’t be mad at me for doing something.  How about teaming up with me.  Let’s all do something.  (Applause.)  Let’s all get America working.

We are better than this.  Gosh, doesn’t it get you just frustrated?  (Laughter.)  We could do so much more if Republicans in Congress focused less on protecting the folks who’ve got the lobbyists and all that soft money out there.  Stop worrying about the folks who already got — are doing just fine.  Focus more on stoking opportunity for all people.  Work with me.  That’s the American way.  That’s what makes this country great — a sense of common purpose and patriotism, an economic patriotism that says we fall and we rise as one nation, as one people.

So we can rally America around an economic patriotism that says, don’t give tax breaks to millionaires and billionaires, let’s give more tax breaks to help working families pay for childcare or college.  (Applause.)

Let’s rally around a patriotism that says, don’t give tax loopholes to corporations shifting jobs overseas, let’s put people back to work here rebuilding our roads, our bridges, our airports, making sure the next generation of manufacturing is made in America.  That’s patriotism.  (Applause.)  That’s patriotism.

Don’t stack the deck in favor of those who’ve already succeeded.  We’re stronger when we’re helping everybody succeed, cultivating every talent of every child — every 4-year-old in America, give them high-quality preschool so they’re safe and taught well while we go to work and redesign our high schools to better prepare our kids for the 21st century.  And tell every American, you know, if your job was stamped “obsolete,” if it was shipped overseas, we’re going to train you for an even better one.

We need an economic patriotism that says it’s a good thing that everybody gets health insurance.  That’s not a bad thing.  (Applause.)  That’s a good thing.  It’s a good thing when women are paid the same as men for doing the same work.  (Applause.)  That’s not un-American.  It’s a good thing when parents have some flexibility when their kids are sick.  It will make the employees more loyal; they’re more productive.  It’s a good thing when nobody who works full-time is living in poverty.  That’s not un-American.  (Applause.)  That’s not radical.  It’s right.  It’s what built this country.

I know that sometimes it must be frustrating watching what’s going on.  I guarantee I get frustrated.  There are some things that I have to mutter under my breath sometimes.  (Laughter.)  And the hardest thing to change in politics is a stubborn status quo.  And it’s harder when Washington seems distracted by everything except the things you care about.  And there’s a cottage industry in Washington that counts on you just being cynical about stuff, so that you don’t vote, you don’t get involved, you get discouraged, you say a plague on both your houses.  But you can’t give into that cynicism.  Do not let them win by you being cynical, because despite everything that’s happened, despite all the obstruction, America is making progress.  (Applause.)

We’re better off now than we were five years ago.  We’re going to be better off five years from now than we are right now.  Despite the unyielding opposition of a few, there are workers who have jobs who didn’t have them before.  There are families who have health insurance who didn’t have it before.  There are students who can afford to go to college who couldn’t afford to go before.  There are troops who are home with their families after serving tour after tour of war.  (Applause.)  Don’t get cynical.  (Applause.)  Don’t do it.

Cynicism is a popular choice these days.  It’s what passes off for wisdom.  (Laughter.)  But cynicism isn’t wise.  And remember that it is a choice.  Cynicism is a choice, and hope is a better choice.  And it’s a choice that I make every time I sit down with these incredible people that I had dinner with last night.  They make me hopeful.

It’s the hope that Alex has when she sits down and she picks up a pen and she writes to the President hoping that the system still works; hoping maybe the letter gets there; hoping that I’ll listen; hoping that even when Washington seems tone deaf, your voice might reach a President, your voice might reach a crowd in a park, your voice might move fellow citizens to change what needs changing.

Every day I receive these thousands of acts of hope from you.  I’m listening.  It’s why I ran for office.  It’s why I’m fighting for you.  I will keep treating your cares and concerns as my own.  I will keep trying to restore the American Dream for everybody who is willing to work for it.

Thank you, Denver.  God bless you.  God bless America.  (Applause.)

END
10:57 A.M. MDT

Full Text Obama Presidency June 30, 2014: President Barack Obama’s Remarks on Border Security and Immigration Reform

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 113TH CONGRESS:

Remarks by the President on Border Security and Immigration Reform

Source: WH, 6-30-14 

Rose Garden

3:04 P.M. EDT

THE PRESIDENT:  Good afternoon, everybody.  One year ago this month, senators of both parties –- with support from the business, labor, law enforcement, faith communities –- came together to pass a commonsense immigration bill.

Independent experts said that bill would strengthen our borders, grow our economy, shrink our deficits.  As we speak, there are enough Republicans and Democrats in the House to pass an immigration bill today.  I would sign it into law today, and Washington would solve a problem in a bipartisan way.

But for more than a year, Republicans in the House of Representatives have refused to allow an up-or-down vote on that Senate bill or any legislation to fix our broken immigration system.  And I held off on pressuring them for a long time to give Speaker Boehner the space he needed to get his fellow Republicans on board.

Meanwhile, here’s what a year of obstruction has meant.  It has meant fewer resources to strengthen our borders.  It’s meant more businesses free to game the system by hiring undocumented workers, which punishes businesses that play by the rules, and drives down wages for hardworking Americans.  It’s meant lost talent when the best and brightest from around the world come to study here but are forced to leave and then compete against our businesses and our workers.  It’s meant no chance for 11 million immigrants to come out of the shadows and earn their citizenship if they pay a penalty and pass a background check, pay their fair share of taxes, learn English, and go to the back of the line.  It’s meant the heartbreak of separated families.

That’s what this obstruction has meant over the past year.  That’s what the Senate bill would fix if the House allowed it to go to a vote.

Our country and our economy would be stronger today if House Republicans had allowed a simple yes-or-no vote on this bill or, for that matter, any bill.  They’d be following the will of the majority of the American people who support reform.  Instead, they’ve proven again and again that they’re unwilling to stand up to the tea party in order to do what’s best for the country.  And the worst part about it is a bunch of them know better.

We now have an actual humanitarian crisis on the border that only underscores the need to drop the politics and fix our immigration system once and for all.  In recent weeks, we’ve seen a surge of unaccompanied children arrive at the border, brought here and to other countries by smugglers and traffickers.

The journey is unbelievably dangerous for these kids.  The children who are fortunate enough to survive it will be taken care of while they go through the legal process, but in most cases that process will lead to them being sent back home.  I’ve sent a clear message to parents in these countries not to put their kids through this.  I recently sent Vice President Biden to meet with Central American leaders and find ways to address the root causes of this crisis.  Secretary Kerry will also be meeting with those leaders again tomorrow.  With our international partners, we’re taking new steps to go after the dangerous smugglers who are putting thousands of children’s lives at risk.

Today, I sent a letter to congressional leaders asking that they work with me to address the urgent humanitarian challenge on the border, and support the immigration and Border Patrol agents who already apprehend and deport hundreds of thousands of undocumented immigrants every year.  And understand, by the way, for the most part, this is not a situation where these children are slipping through.  They’re being apprehended.  But the problem is, is that our system is so broken, so unclear that folks don’t know what the rules are.

Now, understand –- there are a number of Republicans who have been willing to work with us to pass real, commonsense immigration reform, and I want to thank them for their efforts.  There are a number of Republican leaders in the Senate who did excellent work and deserve our thanks.  And less visibly, there have been folks in the House who have been trying to work to get this done.  And quietly, because it doesn’t always help me to praise them, I’ve expressed to them how much I appreciate the efforts that they’ve made.

I believe Speaker Boehner when he says he wants to pass an immigration bill.  I think he genuinely wants to get something done.  But last week, he informed me that Republicans will continue to block a vote on immigration reform at least for the remainder of this year.  Some in the House Republican Caucus are using the situation with unaccompanied children as their newest excuse to do nothing.  Now, I want everybody to think about that.  Their argument seems to be that because the system is broken, we shouldn’t make an effort to fix it.  It makes no sense.  It’s not on the level.  It’s just politics, plain and simple.

Now, there are others in the Republican Caucus in the House who are arguing that they can’t act because they’re mad at me about using my executive authority too broadly.  This also makes no sense.  I don’t prefer taking administrative action.  I’d rather see permanent fixes to the issue we face.  Certainly that’s true on immigration.  I’ve made that clear multiple times.  I would love nothing more than bipartisan legislation to pass the House, the Senate, land on my desk so I can sign it.  That’s true about immigration, that’s true about the minimum wage, it’s true about equal pay.  There are a whole bunch of things where I would greatly prefer Congress actually do something.  I take executive action only when we have a serious problem, a serious issue, and Congress chooses to do nothing.  And in this situation, the failure of House Republicans to pass a darn bill is bad for our security, it’s bad for our economy, and it’s bad for our future.

So while I will continue to push House Republicans to drop the excuses and act –- and I hope their constituents will too -– America cannot wait forever for them to act.  And that’s why, today, I’m beginning a new effort to fix as much of our immigration system as I can on my own, without Congress.  As a first step, I’m directing the Secretary of Homeland Security and the Attorney General to move available and appropriate resources from our interior to the border.  Protecting public safety and deporting dangerous criminals has been and will remain the top priority, but we are going to refocus our efforts where we can to make sure we do what it takes to keep our border secure.

I have also directed Secretary Johnson and Attorney General Holder to identify additional actions my administration can take on our own, within my existing legal authorities, to do what Congress refuses to do and fix as much of our immigration system as we can.  If Congress will not do their job, at least we can do ours.  I expect their recommendations before the end of summer and I intend to adopt those recommendations without further delay.

Of course, even with aggressive steps on my part, administrative action alone will not adequately address the problem.  The reforms that will do the most to strengthen our businesses, our workers, and our entire economy will still require an act of Congress.  And I repeat:  These are reforms that already enjoy the wide support of the American people.  It’s very rare where you get labor, business, evangelicals, law enforcement all agreeing on what needs to be done.  And at some point, that should be enough.  Normally, that is enough.  The point of public service is to solve public problems.  And those of us who have the privilege to serve have a responsibility to do everything in our power to keep Americans safe and to keep the doors of opportunity open.

And if we do, then one year from now, not only would our economy and our security be stronger, but maybe the best and the brightest from around the world who come study here would stay and create jobs here.  Maybe companies that play by the rules will no longer be undercut by companies that don’t.  Maybe more families who’ve been living here for years, whose children are often U.S. citizens, who are our neighbors and our friends, whose children are our kids’ friends and go to school with them, and play on ball teams with them, maybe those families would get to stay together.  But much of this only happens if Americans continue to push Congress to get this done.

So I’ve told Speaker Boehner that even as I take those steps that I can within my existing legal authorities to make the immigration system work better, I’m going to continue to reach out to House Republicans in the hope that they deliver a more permanent solution with a comprehensive bill.  Maybe it will be after the midterms, when they’re less worried about politics.  Maybe it will be next year.  Whenever it is, they will find me a willing partner.  I have been consistent in saying that I am prepared to work with them even on a bill that I don’t consider perfect.  And the Senate bill was a good example of the capacity to compromise and get this done.  The only thing I can’t do is stand by and do nothing while waiting for them to get their act together.

And I want to repeat what I said earlier.  If House Republicans are really concerned about me taking too many executive actions, the best solution to that is passing bills.  Pass a bill; solve a problem.  Don’t just say no on something that everybody agrees needs to be done.  Because if we pass a bill, that will supplant whatever I’ve done administratively.  We’ll have a structure there that works, and it will be permanent.  And people can make plans and businesses can make plans based on the law.  And there will be clarity both here inside this country and outside it.

Let me just close by saying Friday is the Fourth of July.  It’s the day we celebrate our independence and all the things that make this country so great.  And each year, Michelle and I host a few hundred servicemembers and wounded warriors and their families right here on the lawn for a barbecue and fireworks on the Mall.

And some of the servicemembers coming this year are unique because they signed up to serve, to sacrifice, potentially to give their lives for the security of this country even though they weren’t yet Americans.  That’s how much they love this country.  They were prepared to fight and die for an America they did not yet fully belong to.  I think they’ve earned their stripes in more ways than one.  And that’s why on Friday morning we’re going to naturalize them in a ceremony right here at the White House.  This Independence Day will be their first day as American citizens.

One of the things we celebrate on Friday –- one of the things that make this country great –- is that we are a nation of immigrants.  Our people come from every corner of the globe.  That’s what makes us special.  That’s what makes us unique.  And throughout our history, we’ve come here in wave after wave from everywhere understanding that there was something about this place where the whole was greater than the sum of its parts; that all the different cultures and ideas and energy would come together and create something new.

We won this country’s freedom together.  We built this country together.  We defended this country together.  It makes us special.  It makes us strong.  It makes us Americans.  That’s worth celebrating.  And that’s what I want not just House Republicans but all of us as Americans to remember.

Thanks very much.

END
3:21 P.M. EDT

Full Text Obama Presidency June 28, 2014: President Barack Obama’s Weekly Address: Focusing on the Economic Priorities for the Middle Class Nationwide

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 113TH CONGRESS:

Weekly Address: Focusing on the Economic Priorities for the Middle Class Nationwide

Source: WH, 6-28-14 

WASHINGTON, DC — In this week’s address, the President discussed his recent trip to Minneapolis where he met a working mother named Rebekah, who wrote the President to share the challenges her family and many middle class Americans are facing where they work hard and sacrifice yet still can’t seem to get ahead. But instead of focusing on growing the middle class and expanding opportunity for all, Republicans in Congress continue to block commonsense economic proposals such as raising the minimum wage, extending unemployment insurance and making college more affordable.  The President will keep fighting his economic priorities in the weeks and months ahead, because he knows the best way to expand opportunity for all hardworking Americans and continue to strengthen the economy is to grow it from the middle-out.

Remarks of President Barack Obama
Weekly Address
The White House
June 28, 2014

Hi, everybody.  This week, I spent a couple days in Minneapolis, talking with people about their lives – their concerns, their successes, and their hopes for the future.

I went because of a letter I received from a working mother named Rebekah, who shared with me the hardships her young family has faced since the financial crisis.  She and her husband Ben were just newlyweds expecting their first child, Jack, when the housing crash dried up his contracting business.  He took what jobs he could, and Rebekah took out student loans and retrained for a new career.  They sacrificed – for their kids, and for each other.  And five years later, they’ve paid off debt, bought their first home, and had their second son, Henry.

In her letter to me, she wrote, “We are a strong, tight-knit family who has made it through some very, very hard times.”  And in many ways, that’s America’s story these past five years.  We are a strong, tight-knit family that’s made it through some very tough times.

Today, over the past 51 months, our businesses have created 9.4 million new jobs.  By measure after measure, our economy is doing better than it was five years ago.

But as Rebekah also wrote in her letter, there are still too many middle-class families like hers who do everything right – who work hard and who sacrifice – but can’t seem to get ahead.  It feels like the odds are stacked against them.  And with just a small change in our priorities, we could fix that.

The problem is, Republicans in Congress keep blocking or voting down almost every serious idea to strengthen the middle class.  This year alone, they’ve said no to raising the minimum wage, no to fair pay, no to student loan reform, no to extending unemployment insurance.  And rather than invest in education that helps working families get ahead, they actually voted to give another massive tax cut to the wealthiest Americans.

This obstruction keeps the system rigged for those at the top, and rigged against the middle class.  And as long as they insist on doing it, I’ll keep taking actions on my own – like the actions I’ve taken already to attract new jobs, lift workers’ wages, and help students pay off their loans.  I’ll do my job.  And if it makes Republicans in Congress mad that I’m trying to help people out, they can join me, and we’ll do it together.

The point is, we could do so much more as a country – as a strong, tight-knit family – if Republicans in Congress were less interested in stacking the deck for those at the top, and more interested in growing the economy for everybody.

So rather than more tax breaks for millionaires, let’s give more tax breaks to help working families pay for child care or college.  Rather than protect tax loopholes that let big corporations set up tax shelters overseas, let’s put people to work rebuilding roads and bridges right here in America.  Rather than stack the decks in favor of those who’ve already succeeded, let’s realize that we are stronger as a nation when we offer a fair shot to every American.

I’m going to spend some time talking about these very choices in the week ahead.  That’s because we know from our history that our economy doesn’t grow from the top-down, it grows from the middle-out.  We do better when the middle class does better.  That’s the American way.  That’s what I believe in.  And that’s what I’ll keep fighting for.

Have a great Fourth of July, everybody – and good luck to Team USA down in Brazil.

Thanks.

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