OBAMA PRESIDENCY & THE 114TH CONGRESS:
March 12, 2015
March 12, 2015
Posted by bonniekgoodman on March 12, 2015
Source: WH, 2-2-15
Budget of the United States Government, Fiscal Year 2016 contains the Budget Message of the President, information on the President’s priorities, budget overviews organized by agency, and summary tables.
To download “Budget of the United States Government, Fiscal Year 2016″ as a single PDF click here (150 pages, 2.3 MB)
|Descriptions of The Budget Documents and General Notes||75 K|
|The Budget Message of the President||44 K|
|Building on a Record of Economic Growth and Progress||110 K|
|Investing in America’s Future||396 K|
|A Government of the Future||130 K|
|Cuts, Consolidations, and Savings||132 K|
|Summary Tables||1366 K|
Posted by bonniekgoodman on February 2, 2015
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Posted by bonniekgoodman on January 21, 2015
“I’m Joni Ernst. As a mother, a soldier, and a newly elected senator from the great State of Iowa, I am proud to speak with you tonight.
“A few moments ago, we heard the President lay out his vision for the year to come. Even if we may not always agree, it’s important to hear different points of view in this great country. We appreciate the President sharing his.
“Tonight though, rather than respond to a speech, I’d like to talk about your priorities. I’d like to have a conversation about the new Republican Congress you just elected, and how we plan to make Washington focus on your concerns again.
“We heard the message you sent in November — loud and clear. And now we’re getting to work to change the direction Washington has been taking our country.
“The new Republican Congress also understands how difficult these past six years have been. For many of us, the sting of the economy and the frustration with Washington’s dysfunction weren’t things we had to read about. We felt them every day.
“We felt them in Red Oak — the little town in southwestern Iowa where I grew up, and am still proud to call home today.
“As a young girl, I plowed the fields of our family farm. I worked construction with my dad. To save for college, I worked the morning biscuit line at Hardees.
“We were raised to live simply, not to waste. It was a lesson my mother taught me every rainy morning.
“You see, growing up, I had only one good pair of shoes. So on rainy school days, my mom would slip plastic bread bags over them to keep them dry.
“But I was never embarrassed. Because the school bus would be filled with rows and rows of young Iowans with bread bags slipped over their feet.
“Our parents may not have had much, but they worked hard for what they did have.
“These days though, many families feel like they’re working harder and harder, with less and less to show for it.
“Not just in Red Oak, but across the country.
“We see our neighbors agonize over stagnant wages and lost jobs. We see the hurt caused by canceled healthcare plans and higher monthly insurance bills. We see too many moms and dads put their own dreams on hold while growing more fearful about the kind of future they’ll be able to leave to their children.
“Americans have been hurting, but when we demanded solutions, too often Washington responded with the same stale mindset that led to failed policies like Obamacare. It’s a mindset that gave us political talking points, not serious solutions.
“That’s why the new Republican majority you elected started by reforming Congress to make it function again. And now, we’re working hard to pass the kind of serious job-creation ideas you deserve.
“One you’ve probably heard about is the Keystone jobs bill. President Obama has been delaying this bipartisan infrastructure project for years, even though many members of his party, unions, and a strong majority of Americans support it. The President’s own State Department has said Keystone’s construction could support thousands of jobs and pump billions into our economy, and do it with minimal environmental impact.
“We worked with Democrats to pass this bill through the House. We’re doing the same now in the Senate.
“President Obama will soon have a decision to make: will he sign the bill, or block good American jobs?
“There’s a lot we can achieve if we work together.
“Let’s tear down trade barriers in places like Europe and the Pacific. Let’s sell more of what we make and grow in America over there so we can boost manufacturing, wages, and jobs right here, at home.
“Let’s simplify America’s outdated and loophole-ridden tax code. Republicans think tax filing should be easier for you, not just the well-connected. So let’s iron out loopholes to lower rates — and create jobs, not pay for more government spending.
“The President has already expressed some support for these kinds of ideas. We’re calling on him now to cooperate to pass them.
“You’ll see a lot of serious work in this new Congress.
“Some of it will occur where I stand tonight, in the Armed Services Committee room. This is where I’ll join committee colleagues — Republicans and Democrats — to discuss ways to support our exceptional military and its mission. This is where we’ll debate strategies to confront terrorism and the threats posed by Al Qaeda, ISIL, and those radicalized by them.
“We know threats like these can’t just be wished away. We’ve been reminded of terrorism’s reach both at home and abroad; most recently in France and Nigeria, but also in places like Canada and Australia. Our hearts go out to all the innocent victims of terrorism and their loved ones. We can only imagine the depth of their grief.
“For two decades, I’ve proudly worn our nation’s uniform: today, as a Lt. Colonel in the Iowa Army National Guard. While deployed overseas with some of America’s finest men and women, I’ve seen just how dangerous these kinds of threats can be.
“The forces of violence and oppression don’t care about the innocent. We need a comprehensive plan to defeat them.
“We must also honor America’s veterans. These men and women have sacrificed so much in defense of our freedoms, and our way of life. They deserve nothing less than the benefits they were promised and a quality of care we can be all be proud of.
“These are important issues the new Congress plans to address.
“We’ll also keep fighting to repeal and replace a health care law that’s hurt so many hardworking families.
“We’ll work to correct executive overreach.
“We’ll propose ideas that aim to cut wasteful spending and balance the budget — with meaningful reforms, not higher taxes like the President has proposed.
“We’ll advance solutions to prevent the kind of cyberattacks we’ve seen recently.
“We’ll work to confront Iran’s nuclear ambitions.
“And we’ll defend life, because protecting our most vulnerable is an important measure of any society.
“Congress is back to work on your behalf, ready to make Washington focus on your concerns again.
“We know America faces big challenges. But history has shown there’s nothing our nation, and our people, can’t accomplish.
“Just look at my parents and grandparents.
“They had very little to call their own except the sweat on their brow and the dirt on their hands. But they worked, they sacrificed, and they dreamed big dreams for their children and grandchildren.
“And because they did, an ordinary Iowan like me has had some truly extraordinary opportunities — because they showed me that you don’t need to come from wealth or privilege to make a difference. You just need the freedom to dream big, and a whole lot of hard work.
“The new Republican Congress you elected is working to make Washington understand that too. And with a little cooperation from the President, we can get Washington working again.
“Thank you for allowing me to speak with you tonight.
“May God bless this great country of ours, the brave Americans serving in uniform on our behalf, and you, the hardworking men and women who make the United States of America the greatest nation the world has ever known.”
Posted by bonniekgoodman on January 20, 2015
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Posted by bonniekgoodman on December 29, 2014
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Posted by bonniekgoodman on December 11, 2014
Source: WH, 12-9-14
2:26 P.M. CST
THE PRESIDENT:Thank you, everybody.Thank you.(Applause.)Thank you so much.Everybody, please have a seat.Thank you very much.Everybody, please have a seat, have a seat.
Well, hello, Nashville.
THE PRESIDENT:Hola.Cómo estás?
AUDIENCE MEMBER:Bien, bien.
THE PRESIDENT:Bien.Thank you, Renata, for the wonderful introduction.I’ve brought some friends with me who I think you may know — your Congressmen, Jim Cooper — (applause) — as well as Congressman Steve Cohen from Memphis is here.(Applause.)And I want to thank — is your mayor still here?Where did he go?There he is right there, doing a great job.(Applause.)And his wonderful daughter — we’ve got to brag about her, she’s a junior at Barnard.I just embarrassed her.(Applause.)When you’re the father of daughters, your job is to embarrass them, and I’m trying to give an assist here.(Laughter.)
I want to thank Casa Azafran for hosting us, and for being home to so many organizations that do important work welcoming immigrants to the community.And that’s why I’ve come here today.I won’t make a long speech, because I want to have a dialogue, but I wanted to give some remarks at the top.
As Renata mentioned, some people might think Nashville was an odd place to talk immigration.It’s not what comes to mind when people think about gateways to America.But, as all of you know, Nashville’s got one of the fastest-growing immigrant populations in the country.“New Nashvillians” — they’re from Somalia, Nepal, Laos, Mexico, Bangladesh.And Nashville happens to be the home of the largest Kurdish community in the United States as well.
“They” are “us.”They work as teachers in our schools, doctors in our hospitals, police officers in our neighborhoods.They start small businesses at a faster rate than many native-born Americans.They create jobs making this city more prosperous, and a more innovative place.And of course, they make the food better.(Laughter.)I know that Tennessee barbeque is pretty popular, but Korean barbeque is pretty good too.(Laughter.)
And the point is, welcoming immigrants into your community benefits all of us.And I was talking to your Mayor, Karl Dean, on the way over here, and he understands this.He’s been a great partner when it comes to preparing immigrants to become citizens.
A couple of weeks ago, I create a Task Force on New Americans that’s going to help do this kind of work all across the country.But, as we all know, our immigration system has been broken for a long time.Families who come here the right way can get stuck in line for years.Business owners who treat their workers right sometimes are undercut by competition from folks who are not just hiring undocumented workers but then underpaying them or not paying them minimum wage, or not giving them the benefits that they have earned.Nobody likes the idea of somebody reaping the rewards of living in America without its responsibilities as well.And there are all kinds of folks who want to gladly embrace those responsibilities, but they have no way to come out of the shadows and get right with the law.
And a year and a half ago, a big majority of Democrats, Republicans, and independents in the Senate –- including both of your senators -– passed a bipartisan bill to fix our broken immigration system.The bill wasn’t perfect, but it was a common-sense compromise.It would have doubled the number of border patrol agents.It would have made the legal immigration system smarter and faster.It would have given millions of people a chance to earn their citizenship the right way.It was good for our economy — independent economists estimated that it would not only grow our economy faster but shrink our deficits faster.And if the House of Representatives had simply called for an up-or-down vote, it would have passed.It would be the law.We would be on the way to solve — solving this problem in a sensible way.But for a year and a half now, Republican leaders in the House blocked this simple up-or-down vote.
I still believe that the best way to solve this — is by working together to pass the kind of common-sense law that was passed in the Senate.But until then, there are actions that I have the legal authority to take that will help make our immigration system smarter and fairer.And I took those actions last month.
We’re providing more resources at the border to help law enforcement personnel stop illegal crossings and send home those who cross over.We’re going to focus our enforcement resources on people who actually pose a threat to our communities — felons rather than families, and criminals rather than children.We’re going to bring more undocumented immigrants out of the shadows so they can play by the rules — they have to pass a criminal background check, pay taxes, contribute more fully to our economy.
So this isn’t amnesty, or legalization, or even a path to citizenship.That can only be done by Congress.It doesn’t apply to anybody who’s come to this country recently, or who might come illegally in the future.What it does is create a system of accountability, a common-sense, middle-ground approach.And what we’re saying is, until Congress fixes this problem legislatively, if you have deep ties to this country and you are willing to get right by the law and do what you need to do, then you shouldn’t have to worry about being deported or being separated from your kids.
These are the kind of lawful actions taken by every President, Republican and Democrat, for the past 50 years.So when members of Congress question whether I have the authority to do this, I have one answer:Yes, and pass a bill.(Laughter.)If you want Congress to be involved in this process, I welcome it, but you’ve got to pass a bill that addresses the various components of immigration reform in a common-sense way.
And I want to work with both parties to get this done.The day I sign this bill into law, then the executive actions I take are no longer necessary and some of the changes that I’ve instituted administratively become permanent.
Unfortunately, so far, the only response that we’ve had out of the House was a vote taken last week to force talented young people and workers to leave our country.Rather than deport students or separate families or make it harder for law enforcement to do its job, we just need Congress to work with us to pass a common-sense law to fix the broken immigration system.
And meanwhile, Washington shouldn’t let disagreements on this issue prevent action on every other issue.That’s not how our democracy works.Americans are tired of gridlock.We’re seeing the economy move forward.We need to build on that.And certainly my administration is ready to work for it on a whole range of issues.
I do recognize that there are controversies around immigration — there always have been, by the way.Even those who know we need to reform the system may be concerned about not having Congress get it done.Then there are some folks who worry about immigration changing the fabric of our society, or taking jobs from native-born Americans.And I understand those concerns, but, as I said, they’re not new.As a country, we have had these concerns since the Irish and Italians and Poles were coming to Boston and New York, and we have the same concerns when Chinese and Japanese Americans were traveling out West.
But what our history and the facts show is that generation after generation, immigrants have been a net-plus to our economy, and a net-plus to our society.And that’s what cities like Nashville prove is still the case.And this city proves that we can address these concerns together and make sure that immigration works for everybody — that it strengthens our economy, that it strengthens our communities, that we can talk about some of the tensions and concerns in a constructive way rather than yelling at each other.
And so let me close with a story of somebody who’s working to bring people together.David Lubell, who many of you know and who’s here today — where’s David?There he is.(Applause.)So David used to run the Tennessee Immigrant and Refugee Rights Coalition.And he knew that some folks were skeptical about immigrants changing the face of Nashville.And he also knew, though, that these immigrants were good people.So he saw an opportunity for immigration to unite this city rather than divide it.And in 2005, he started “Welcoming Tennessee,” which connects long-term residents in the community with new immigrants.And you’d have dinners and church socials, and at Rotary clubs, and folks got to know each other and maybe feel some empathy, and see themselves in new arrivals.
And the conversations weren’t always easy, but it created a foundation of mutual understanding and respect.And today, David’s initiative is expanding across the country.I think we — you said, David, that we’ve got these kinds of efforts going on in 42 cities around the country.
This is what makes America exceptional.We welcome strivers.We welcome dreamers from all around the world.And it keeps us young, and it keeps us invigorated, and it keeps us striving and pushing the boundaries of what’s possible.And then we all bind ourselves together around similar ideals, a similar creed.And one generation in, suddenly those kids are already Americans like everybody else, and we have the same dreams and hopes for them, the same aspirations.
And if we keep harnessing that potential, there’s no limit to what this country can achieve.So Nashville is helping to lead the way in getting this conversation right.We hope that if it happens around the country, that eventually it will drift into the House of Representatives — (laughter) — and we’re going to get the kind of comprehensive legislation that we need to actually solve this problem.
So with that, let me start taking some questions.Thank you very much, everybody.I appreciate it.(Applause.)
So I’ve got a microphone here.This is a nice, intimate group.And so there’s no rules really.I’d just ask everybody who wants to speak to raise their hand.I’ll call on you one at a time.We’ve got some microphones in the audience.And why don’t you, when you’re asking your questions, stand, introduce yourself, tell us a little about yourself, and then ask your question.Try to keep your question relatively brief so — and I’ll try to keep my answers relatively brief.(Laughter.)I don’t always succeed, but I’ll do my best.I’m going to take off my jacket because it’s warm in here.Is Marvin back there?Okay, we’ve got some — here we go.Thanks.
All right.Who wants to go first?Yes, right here in the front.
Q Hi, Mr. President.Thank you so much for coming to Nashville, and the Latin community loves you and welcome you to Nashville.My question is — and I think it’s a concern in the community that — what is going to happen if the next administration decide not to follow what you — the executive action?And I think many of the communities — afraid are they going to be first in line to deportation because they give their information.And that would be my question.
THE PRESIDENT:Well, I think it’s a good question.So let me just — let me go over the mechanics of what’s going to happen.
First of all, part of what we’re saying is that we can’t deport 11 million people and it would be foolish to try, as well as I think wrong for us to try.Congress only allocates a certain amount of money to the immigration system, so we have to prioritize.And my priority is not to separate families who have already been living here but to try to make sure that our borders are secure, to make sure that people come through the right way; to focus on criminals, focus — those who pose a real risk to our society.
And so what’s happened is, is the Department of Homeland Security, which is in charge of the immigration services, what it said is, is that we’re going to set up priorities in terms of who is subject to deportation.And at the top are criminals, people who pose a threat, and at the bottom are ordinary people who are otherwise law abiding.And what we’re saying essentially is, in that low-priority list, you won’t be a priority for deportation.You’re not going to be deported.We’re not going to keep on separating families.And that new priority list applies to everybody, all 11 million people who are here — I mean, not 11 million, let’s say, whatever the number is.So even if somebody didn’t sign up, they’re still much less likely to be subject to deportation.That’s because we’ve changed our enforcement priorities in a formal way.
What we’re also saying, though, is that for those who have American children or children who are legal permanent residents, that you can actually register and submit yourself to a criminal background check, pay any back taxes and commit to paying future taxes, and if you do that, you’ll actually get a piece of paper that gives you an assurance that you can work and live here without fear of deportation.That doesn’t apply to everybody, but it does apply to roughly five million — about half of what is estimated to be the number of undocumented workers here.
Now, that is temporary.Just like DACA, the program that we put in place for young people who are brought here who otherwise are good citizens, are studying, working, joining our military — we did that several years ago, where we said, it doesn’t make sense for us to subject these young people to a deportation risk; they’re Americans in their heart even if they don’t have the right piece of paper.That’s temporary as well, although it’s been subject to renewal.
And so it’s true that a future administration might try to reverse some of our policies.But I’ll be honest with you, I think that the American people basically have a good heart and want to treat people fairly.And every survey shows that if, in fact, somebody has come out, subjected themselves to a background check, registered, paid their taxes, that the American people support allowing them to stay.So I think any future administration that tried to punish people for doing the right thing I think would not have the support of the American people.
The real question is, how do we make sure that enough people register so that it’s not just a few people in a few pockets around the country.And that’s going to require a lot of work by local agencies, by municipalities, by churches, by community organizations.We’ve got to give people confidence that they can go ahead and register; also make sure that they understand they don’t have to hire a lawyer or go to the notary in order to pay for this.Because what we saw during DACA when the young people were given this opportunity, a lot of people signed up but sometimes you would see advertisements, come and give us $1,000 or $2,000 and we’ll help you — you don’t have to do that.And so we’ve just got to build an effective network around the country.And the Department of Homeland Security will be working with local organizations to make sure that people get the right information.
But I think the main response to people that we have to assure them of is that the American people actually are fair-minded and want to reward rather than punish people who do the right thing.And if you register, I’m confident that that’s going to be something that allows you to then get on a path to being here in this country with your children and watching them grow up and making a life for yourself, as you already have.
Last point.It still is important for us, though, because this is temporary to make sure that we keep pushing for comprehensive immigration reform.Without an actual law, an actual statute passed by Congress, it’s true that theoretically a future administration could do something that I think would be very damaging.It’s not likely, politically, that they’d reverse everything that we’ve done, but it could be that some people then end up being in a disadvantageous position.And nobody is going to have a path to actual citizenship until we get a law passed.
Now, the Senate law would call for people to go to the back of the line, so it would take 10, 13 years before they have citizenship, but at least there’s that pathway.That’s why we still need a law.
And then there are some areas like, for example, the business sector, a lot of high-tech businesses are still looking for young graduates from computer science programs or physics programs around the country.And instead of being able to recruit them and put them to work, those kids are all going home and starting new businesses and creating jobs someplace else.And that doesn’t make any sense.So that’s another area where we couldn’t do anything administratively about that.We were able to streamline some of the legal immigration system, but we’ve still got more work to do.
Okay?Good.I’m going to go boy, girl, boy, girl to make sure that it’s fair.(Laughter.)So, right here.
Q Thank you.Good afternoon, President.Thank you so much for doing what you did.I was undocumented for 10 years from 1996.I took advantage of the amnesty.I want to thank you.I’m a community organizer with the Center for Community Change in Washington, D.C., working with the immigrants from the Human Rights Coalition.And I really thank the people from Nashville, Tennessee for hosting future Chicagoans – of course, I’m from Chicago, too.(Laughter.)
And my question to you is, thank you for the 5 million, but what about the others.There are millions of people who are going to be in the limbo, at risk of being deported.And the second question is, since talking about confidence -– people are skeptical about this, because they are afraid to apply for this.So what is your administration going to do to get the confidence — and people to feel safe to apply for this program that you just passed?Thank you.
THE PRESIDENT:Okay.Well, I sort of answered the question, but I’ll try to answer it one more time.The prioritization in terms of deportation — that applies to everybody, even if you don’t do anything.Now, this will take time to get ICE officers at the ground level to understand what these new priorities are and to apply them in a consistent way.And so there are still going to be stories around the country where some family is separated.
Over time, though, we’re really going to be pushing to retrain and refocus and reprioritize ICE officers to understand let’s focus on criminals, let’s focus on felons, let’s not focus on families.
In terms of setting up the system to sign people up to register so they can get an actual piece of paper that says they can work here, that’s probably going to take a couple of months. And so that gives us time then to communicate through our community organizations, through our churches, through our cities and towns to make sure that people have good information.
So the folks who, as you said, are in limbo, it’s true that they’re not going to qualify for the DACA-like registration process that I described.They’ll still be, if they’re law-abiding, otherwise, if they’re working, peaceful, then they’re much less likely to deportation now than they would have been in the past.And they don’t have to do anything for that.But the registration process, if you qualify, is powerful because you’re now able to go to work without being in the shadows, and you’re paying taxes, which is good for everybody, because we want people to be above board and to do things the right way.
And I think that those who register — my belief is, is that when we do get to passing a law, finally, I think those who have taken the time to register, pay taxes, gone through a criminal background check, they’ve got documentation and proof that they’ve done all that, they’re going to have an easier time then qualifying, I think, for a more permanent legal status because they will have already gone through the screening.And that’s one incentive for why people should want to sign up.
But building trust will take time.But that’s where you come in, so that’s your job.I’m going to work with you.I’ll work with Renata and I’ll work with other activists here to make sure it happens.But we’re going to have to do this together.
I will point out that you already had incredible courage among young people when we announced DACA.Now, we didn’t get 100 percent of young people who qualified signing up, but we got more than half of the people who were qualified signing up.And slowly then, each person who has the courage to sign up, that creates more confidence across the board.
All right, it’s a young woman’s turn now.Yes, go ahead.
Q Hi, Mr. President, and thank you so much for being here with us and giving us this opportunity to speak out our fears.I would like to ask you –- I’m with the Tennessee Immigrants and Refugee Rights Coalition.I’m part of the Migrant Women Committee.And I would like to ask you –- people like me that will probably benefit from this executive order, there is a lot of fear still for people that can have the path to a citizen but not immediately.But they apply for DAPA, the Deferred Action for Parents.Will they face a bar from being in this situation?
THE PRESIDENT:No, I think that those who are — look, I would encourage anybody who has another path for legalization to follow that path.But this does not short-circuit whatever other strategies you’re pursuing.If you are already trying to get legal permanent resident status or citizenship through some of the existing laws, then you should feel free to continue that.What this does do is it simply says that it gives you an opportunity to make sure that deportation is not going to happen during this period — which will extend for several years.
Can Big Marvin get me my cup of tea back there?Oh, here it is.All right.This isn’t Big Marvin, but he’s big.(Laughter.)
All right.Gentleman there in the back.
Q I’m a member of the Coalition for Education — Immigration.I’m an immigrant to Nashville.I grew up — Chicago, have lived here the last 12 years.
THE PRESIDENT:It’s warmer here.(Laughter.)
Q I do miss the White Sox.
Q My question is about — one of the many things I appreciate so much about your leadership is the civil way in which you approach the most difficult of problems, in spite of hearing the rancor you do from those who disagree.(Inaudible)
-– community like this, trying to talk with reason only to be greeted by deep emotion and anger and rhetoric that is demeaning. It’s almost as if we need a civility platform for our nation, an office of civility — maybe for our U.S. Congress.Excuse me, Jim.But I’m serious about how do we teach young people to act in a civil way if we don’t role-model the civility?And how important is that for us to move forward, that we can engage in the kinds of conversations in the tone that you present problems?
THE PRESIDENT:Well, look, first of all, I don’t know anybody more civil than Jim Cooper.(Applause.)He is an extraordinary gentleman, and always has been, ever since I’ve had a chance to know him since I came to Washington.
Look, immigration, as I said before, has always elicited passion.And it’s ironic because unless you are a member of a Native American tribe, you came here from someplace else, or your people did.And I know that sometimes folks talk about, well, we came here the right way rather than the wrong way.And it’s true that previous generations came through Ellis Island or they came through Angel Island or other ways of arriving here.
But I think sometimes we overstate the degree to which that was some really elaborate bureaucratic process.There’s a reason, for example, that these days a lot of people named Smith used to be named Smithsowsky or Smitharea or whatever it is.What happened is when they came in somebody just said, what’s your name, and they stamped them and if they couldn’t pronounce it — you always hear stories about they Anglicized it.A lot of times people’s papers were not necessarily being checked because folks might not have had papers.And who came in and who didn’t varied depending on how big of a workforce — or how much industry was looking for new labor, and what the political climate was at that particular time.
And so what happens is, is that once folks are here we kind of forget that we used to be there.And what I try to do when I talk about these issues is just try to put yourself in somebody else’s shoes and feel some empathy, and recognize that to some degree, if you’re American, somewhere back there, there was somebody who was a newcomer here too.And it wasn’t always neat and orderly the way the American population expanded across the West.And if we have that sense of empathy then maybe that creates civility.That’s why the kinds of efforts were seeing here in Nashville just conversations where people get to know newcomers is so important.
It’s interesting — I was telling Steve and Jim, I get about 40,000 correspondence every day, and some of them are just writing to say you’re doing a good job, keep going.Some of them are you are the worst President ever, you’re an idiot, a lot of them are just people asking for help.
But more than once, multiple times during the course of my presidency, I’ve gotten letters from people who say I don’t agree with you about anything, I am a Republican, I used to be really angry with you about your immigration posture and then I found out that my son Jim’s best friend, Jose, was undocumented and he wasn’t going to be able to apply to the local college because he was afraid about being deported, and this is a kid who has played in my back yard, helped me wash my car, and been on the ball team with my kid and I loved this kid and so I don’t think it’s right that this young person shouldn’t be treated the same way that I would want someone to treat my son.And I’ve gotten a lot of letters like that.And they say, even though I still don’t agree with you about anything — (laughter) — I do ask you — that you give Jose a chance.
And so that’s where civility comes from.It’s that interaction and personal experience as opposed to just being able to stereotype somebody one way or the other.Now, it’s important, by the way, though, that the civility runs both ways.And I do think — obviously I’ve been at the receiving end of people really angry at me about not just these executive actions, but have been ginned up by some of the conservative talk shows that think that I’m usurping my authority despite the fact that every previous President has exercised the same authority or they think I’m favoring immigrants over red-blooded Americans.And so that’s a lot of the criticism directed at me.
But what’s also true is sometimes advocates on behalf of immigrants have suggested that anybody who is concerned about the impact of immigration, or asks questions about comprehensive immigration reform, that they must be racist or they must be anti-immigrant or their ignorant.And, that’s not true either.
There are people who are good people who actually believe in immigration, but are concerned about rewarding somebody who broke American laws.There are good people who believe in immigration but are concerned, will new immigrants depress wages, particularly in the low-wage sectors of the economy.Those are legitimate questions, and we have to be just as civil in addressing those questions as we expect people to be when we are talking to them.Because I think the facts are on our side, I think the studies have shown that over time immigrants aren’t lowering wages but in fact improving the economy, and over time, boosting wages and jobs for everyone.
So I would rather just make the argument on the facts, but just because somebody thinks that instinctually doesn’t mean that they are bad people.So civility is good, but it doesn’t just run one way.And I think — the good book says, don’t throw stones in glass houses, or make sure we’re looking at the log in our eye before were pulling out the mote in other folks eyes.And I think that’s as true in politics as it is in life.
Okay.Let’s see if I’ve got any women who want to ask questions today.I’m going to make sure I’m fair.That young lady in the back right there.You.
Q Hi.I’m part of an organization that works with refugees and immigrants.And one question I have — was there a particular reason why the parents of the DACA — the DREAMers, the DACA recipients, were excluded in your new executive order?
THE PRESIDENT:Yes, there is.And it was — the actions I took were bound by the legal authority that the Office of Legal Counsel determined I had in this area.The office — I don’t want to get too technical here, but the Office of Legal Counsel is a special office in the Department of Justice that is mandated to give me independent judgment not subject to politics or pressure from me about what my legal authorities are.
And so we presented to them the various things that we’d like to do.They were very clear about my legal authority to prioritize and then provide this temporary protection for parents whose children were Americans, or — American citizens, or legal permanent residents.Because the argument they found compelling, and there was a lot of precedent for, was — essentially humanitarian argument — that if we’re prioritizing, why would we want to separate families.
The challenge we had in the minds of the Office of Legal Counsel was, if you’ve already exempted the young people through DACA, and then you bootstrap off of that the capacity to exempt their parents as well, you’re not rooted originally in somebody who is either a citizen or a legal permanent resident.So it was a legal constraint on our authority.It was not because we did not care about those parents.
And I know that there are a lot of DREAM Act kids who are concerned that their parents may not still qualify.A sizable number do because they have a sibling who ended up being born in the United States.But not all do.This is one more reason why we still need to pass comprehensive immigration reform.Because what we did was to do everything that I could within my legal authority, but not go beyond the legal authority that we possessed.
This young man right here.I think the mic is coming from behind you.
Q Thank you, Mr. President.We are delighted to have you here in Nashville and in Casa Azafran.I’m a member of the mayor’s New American Advisory Council, and also direct a nonprofit that’s housed here called AMAC, the American Muslim Advisory Council.And my question to you is that — in 2004, when you gave that speech about — at the Democratic convention, kind of alluded to this idea that we are one nation, there’s no black and blue — blue or red America.But when it comes to this issue of immigration, as someone that works in this community, our mantra here in Nashville is, Nashville for all of us, and Tennessee for all of us.
So to come around that idea for America for all of us, that we don’t keep having this conversation — as the President, you have been in this position the past six years.What would you say to other — Americans who are feeling now on that side even considering the newly elected Congress that are adamant on stopping these steps?Because I got the privilege of being the — welcoming Tennessee director, and being in those conversations — and inherently, Tennesseans are the nicest people.Those people are in charge of the — that we used to have those conversations with.But what would you say to the rest of the nation — who thinks that now new Americans or immigrants are getting this special treatment?
THE PRESIDENT:Well, I, I addressed the nation when I announced this action, and I made a couple of simple points.
First of all, America is a nation of immigrants, but it’s also a nation of laws.And there does need to be accountability if you came here in a way that was not in accordance with the law.The question then becomes, how do you make that person accountable?I mean, one way of doing it is randomly or sporadically separating families, but you don’t have uniform enforcement, you’re pushing people into the shadows.They may not be paying taxes.They may be taken advantage of by unscrupulous employers.You are using all those resources instead of strengthening borders.And that’s not a smart outcome.
The second approach would be to pass laws that say, let’s improve the legal system.Because sometimes people actually would be qualified to come here if the system was just a little smoother, but they end up with a situation where they’ve got to wait years to be reunited with a family member who’s legally here and the heartache just becomes too great.So we’re — in some cases, we’re pushing people into the illegal system because we’re not making the legal system smart enough.
We can get people out of the shadows.We can acknowledge they are our neighbors, our friends, our coworkers.And then we still have to be serious about border security.And there have been times — I want to be very frank — there have been times where I’ve had arguments with immigrant rights activists who say, effectively, you know, there shouldn’t be any rules, these are good people, why should we have any kind of enforcement like this.And my response is, in the eyes of God, everybody is equal.In the eyes of God, some child in Mexico, Guatemala, Libya, Nepal is the equal of my child.
I don’t make any claims that my child is superior to somebody else’s child.But I’m the President of the United States, and nation states have borders.And, frankly, because America is so much wealthier than most countries around the world, if we had no system of enforcing our borders and our laws, then I promise you, everybody would try to come here, or if not everybody — maybe you wouldn’t have that many Swedes or Singaporians try to come here, but a whole lot of folks would try to come.And that we couldn’t accommodate.And it wouldn’t be fair, because there’s — you have to have some sort of line.It can’t just be — it can’t be whoever is able to get in here first, and then — it’s sort of first one to win the race.Because sometimes it’s just an accident that one person lives in a country that has a border with the United States, and another person in Somalia, it’s a lot harder to get here.
So the idea is, then, that what we try to do is to have a system that resets; that acknowledges — and this is where I think most Americans are.They recognize, you know what, people who are already here — many times they’ve been here 5 years, 10 years, 20 years, they’ve got deep roots here, they’ve shown themselves to be good people, their kids are for all practical purposes Americans — let’s just acknowledge they’re part of our community, they’re part of our society.
But then the tradeoff is, let’s try to make the legal system fairer, and in some cases, that means, for example, doing more work at the borders — although, by the way, the real work at the borders is not simply to just — more fencing and more people every five minutes at the borders, because we’ve already got a whole lot of folks at the borders.We can do some other additional stuff, but a lot of it is helping Mexico or helping Central American countries strengthen their economies so people don’t feel desperate and compelled to come here.
But I guess the bottom line is, what I say to folks on the other side of this debate is, work with me to reflect the wisdom of the American people.And I think the American people’s wisdom is, people who are already here, let’s give them a shot, let’s get them out of the shadows, but let’s also set up a legal system that is more reliable, more certain, more fair, doesn’t have people jumping the line, is more honest and reflecting the fact that families, it’s very hard for them to stay separated for 10, 15 years and so you shouldn’t set up a legal system that requires that.You’ve got to figure out a way to have it more reflective of human nature.
Now, does that mean everybody is going to listen to me on the other side?Not necessarily.They’re pretty sure I’m an illegal immigrant.(Laughter.)That was a joke.(Laughter.)But I mean, there are going to be some who just disagree with you.
The good news is, is that over time, these issues work themselves out.Anybody who is of Irish extraction — and that includes me, because I’ve been to a little town in Ireland called Moneygall, where my great-great-great-great-great-great-great-great grandfather came over here.It turns out he was a boot maker, and it turns out Biden’s guy, Biden’s great-great-great-great-great came from I think the adjoining county within like 20 years.So me and Biden are — really are cousins.(Laughter.)
But anybody of Irish extraction just has to — read your history and look at how people talked about Irish immigrants.I mean, it was just — everything that’s said today was said about them — they’re criminals, they’re shiftless, they are draining our resources, they’re irresponsible, they’re going to change our culture.
And so if you read those passages, then you have to understand that this is not a new phenomenon.But the good news is, it should also be a source of optimism, because over time, essentially, new people get absorbed.And it’s always messy.It’s always a messy piece of business.
But the one thing that I want to emphasize — because sometimes this doesn’t get emphasized enough, and it seems somewhat abstract — but any economist will tell you that economies with younger workforces grow faster than economies with older workforces.One of the biggest advantages America has over Europe, over Japan, over China is we have a younger population.And it’s almost a mathematical certainty that we will grow faster than they do, all things being equal — I mean, we’ve got to make good choices about investing in research and development and education and all that stuff — but all things being equal, we will grow significantly faster than those other countries because our population is younger.
The only reason our population is younger is because we have this tradition of immigrants.Otherwise — because native-born Americans, actually, our birth rates are as low as Europeans’ are.But we replenish ourselves, and that’s good.And, by the way, people who are about my age right now, and who are going to be looking to draw on Social Security, when you’re 70, the way Social Security works, it’s the current workforce that pays for the retired workforce.And so you have a stake in these folks working and paying taxes, these young people, to support your retirement.So this is — it’s good for the economy as well as for our society.
How much time do I have?I want to make sure I’m not — am I doing pretty good?I’ve got a priest here who’s got his hand up, but it’s a woman’s turn first so this is — I’m a little nervous about not calling on him right away but I’m trying to stick to the rules here.(Laughter.)So all right, young lady right in the front here.
Q Hello, Mr. President.I am a senior in high school.And my question to you would be, how can we as young people in our communities get involved to address issues such as immigration or the access to a post-secondary education?What are some things we can do?
THE PRESIDENT:Well, if you’re here, you must already be involved.(Laughter.)You know, getting young people involved in civic life and activism and voting is one of the most important things we can do as a society.Because there are exceptions and there are people who are young at heart and young at mind, but the truth is, you get older, you get stuck in your ways and you start looking backwards and really focused on what was instead of what could be.
And again, part of the reason America has done so well is because we constantly reimagine ourselves, and we have a youthful culture that says, well, let’s — in the words of Robert Kennedy, some people ask why, and we have a tendency to ask why not.And that’s good.
Now, young people are also busy with — I got a couple young people at home — they have other things that they’re interested.I won’t name all of them.Hopefully some if it is their books and doing their homework.(Laughter.)And one of the most concerning things I had about the midterm elections was young people — the voting rates among young people dropped off drastically.
Young people have tended to vote at very high level during my presidential campaigns, but in between, they lose interest.And part of what your peers have to do is to understand that politics and government and policy and all the decisions that are going to shape your lives are not just a matter of one election, but it has to be sustained over time.
And when you think about what’s at stake right now, immigration is obviously a major issue.Climate change — most of those of us who are 50 or over, by the time the problems of a warming climate really hit, we’ll be gone, but you’ll still be around and your kids will be here.And if it’s having a significant impact on weather patterns, and drought, and wildfires, and flooding, and food, and migration, it’s not going to be pretty.So you have to get involved now to do something about it.
When we look at higher education costs, historically, Congress and state legislatures are more attentive to the demands of seniors than they are the demands of young people for one simple reason:Seniors vote, young people don’t.If you want state legislatures to increase support for higher education that then can help reduce tuition, then young people have to vote at a higher percentage than just 12 percent of those who vote.
Look at what’s happening right now with respect to concerns about bias and law enforcement, and policing.I mean, I met with a group of young activists, including several from Ferguson, to talk to them, and I was very impressed with how they presented themselves, and they were very serious and thoughtful.And I told them, I said, listen, I want you to continue to be active, because that’s how change happens.You need to be respectful.You need to understand that you’re not going to get 100 percent of the change that is needed, because that’s never been how society works, but if you are steady and you sustain it and you push it and you don’t tired or disappointed when you get half a loaf instead of a whole loaf, over time, the country and the world is transformed.
And I’m confident that — I said in an interview recently — America is a more just place, and issues of racial discrimination are lessened today than they were 50 years ago or 20 years ago, but that didn’t just happen by accident, that happened because people — especially young people — helped to make it happen.And over time, change occurs and people adjust to a new reality, and they open their heart and mind to new possibilities.And young people are typically the triggers of that.
So I think when your leaders like — young leaders like you are talking to your friends, you’ve got to just remind them that you have responsibilities and obligations.And make sure that you serve pizza at the meetings — (laughter) — because free food always helps when getting young people involved in social causes.(Laughter.)
All right, Father.Thank you for your patience there, sir.You’ve got a microphone behind you.
Q Father Joseph Freen (ph), native Nashvillian.I think I speak on behalf of a good number of people, Mr. President, of both parties — some you know may not agree with some of your policies.But I think I can speak for so many who are so proud of you for giving such a great example of a husband, of a father, and doing your very best as a President.
So we are very proud of you, grateful you’ve come to Nashville.We wish for you — I’m sure on behalf of all of us — a joyful and a blessed Christmas to you.
THE PRESIDENT:Well, I appreciate that very much.That’s very nice.Thank you.(Applause.)
I appreciate that, Father.It’s worth considering the Good Book when you’re thinking about immigration.This Christmas season there’s a whole story about a young, soon-to-be-mother and her husband of modest means looking for a place to house themselves for the night, and there’s no room at the inn.
And as I said the day that I announced these executive actions, we were once strangers too.And part of what my faith teaches me is to look upon the stranger as part of myself.And during this Christmas season, that’s a good place to start.
So thank you for your generous comment.But if we’re serious about the Christmas season, now is a good time to reflect on those who are strangers in our midst, and remember what it was like to be a stranger.
Last question.That was a pretty good place to end, though.(Laughter.)I got to admit.I kind of want to — but I’m going to call on one more person.Gentlemen, you can all put your hands down.I’m going to call on this young lady right here.
Q Hi, Mr. President.I’m an immigration attorney.And I wonder, what are the things that you deem necessary for comprehensive immigration reform if Congress does act soon?
THE PRESIDENT:Well, the Senate bill is a pretty good place to start.I do think there’s more work we can do at the borders.As I said before, it’s not just a matter of pouring money down there.
I’ll give you one very simple example.You’ll recall that some of the politics of this shifted during the summer when these unaccompanied children were here.And there was two weeks of wall-to-wall coverage.And we were being invaded by 8-, and 12- and 13-year-olds.I mean it was just terrifying, apparently.But it reflected a serious problem.You had smugglers, coyotes, who were essentially taking money from family members here, shuttling these kids up — it wasn’t that they weren’t apprehended.It wasn’t like they snuck through the border.What happened was they basically presented themselves at the border.They’d come in.And because there are so few immigration judges down there, because we hadn’t done a very good job cooperating with Central America and Mexico to deal — go after these smugglers, you’d then have a situation which the kids would oftentimes simply be released to the family member, and then that was the end of the things.
And so one of the things that we’ve done is — well, several things we did.Number one, I met with the Central American leaders down there and said, listen, you can’t — you’ve got to do something to message to families down here:Do not send your children on a dangerous path like this because we don’t know how many of them might have gotten killed, gotten abducted, trafficked in some terrible way.We have no way of keeping track of that.You can’t have them take this dangerous journey.
And to their credit, those Central American countries worked with us.We said to Mexico, you’ve got to do something more about the southern border.They did that.We now have the number of unaccompanied children below the rate that it was two years ago.So this was a momentary spike.
But also what we need to do is make sure that we have enough immigration lawyers down there that you can process kids and immigration judges to process kids in a timely fashion, but with due process so that if they have legitimate refugee claims, those can be presented, and if not, then they can be returned home.
So that’s not a strict border issue.It’s not a fence issue.It’s “have you set up a sensible process” issue.So I think that’s one pillar.
Second pillar is improving the legal immigration system.I already mentioned this but I’ll just repeat a couple of examples.Somebody who potentially qualifies to be a resident here, forcing them to leave the country and then waiting for years before they come back when they’ve got family members here, that’s just not how the human heart works.It’s very hard to expect somebody to do that.
Let’s have a more sensible, streamlined system.Let’s reduce some of the backlogs that already exist for people who actually qualify, but it’s just they’re waiting in line so long that they get frustrated.Let’s do something for especially talented and skilled people who are graduating.We educate them.We should be stapling a green card to graduates of top schools in fields that we know we need.And by the way, we can charge fees that we then use to make sure that American kids are getting the kinds of scholarships and training they need for those same jobs in the future.
We need to do more work.We need to deal with the agricultural sector.I’m generally skeptical when you hear employers say, well, we just can’t find any Americans to do the job.A lot of times what they really mean is, it’s a lot cheaper if we potentially hire somebody who has just come here before they know better in terms of what they’re worth.
But in the agriculture sector, there’s truth.We enjoy a lot of cheap fruits and vegetables and food stuffs because of the back-breaking work of farm workers.And we should find a system that is fair, make sure that they are not subject to exploitation, and helps us run the economy.We should make sure that we’re cracking down on employers who are purposely hiring undocumented workers so that they can get around minimum wage laws or overtime laws, so forth.
And finally, as I’ve discussed this whole afternoon, we should get people out of the shadows.And the Senate bill I thought had a sensible approach, which said, if you’ve been here a certain amount of time, you’ve got a clean record, you’re willing to submit yourself to a background check, you’re willing to pay back-taxes, you’re willing to pay a fine, learn English, go to the back of the line, but if you do all that, you can stay here for now and we’re going to put you on a pathway where eventually you can earn your citizenship, although it will be many years into the future because we still have to clear out those folks who did it the right way.
This concept — what I just described, that package — has bipartisan support.It’s not that it doesn’t have bipartisan support.The challenge is, is that there’s a certain segment — primarily within the Republican Party, although in fairness, in the Democratic Party there are some people who are resistant as well, who just keep on believing this notion of, that’s amnesty, that’s amnesty.
And what amnesty implies I think in the minds of the American people is that you’re getting something for nothing; that you’re getting over.And when you describe for people that, in fact, you do have to get a background check, you do have to register, you do have to pay fines, you do have to pay back-taxes, then people feel differently.But that’s never advertised by opponents.And that’s one reason why, by the way, that I’ve said to immigrant rights groups, you have to describe the responsibility side of this and not just the rights side of this.Because I think sometimes — I appreciate the immigrant rights groups.They speak from the heart, and they know the people involved.And they love them, and they want to just do right by them.And I get that.
But this is where you need to look at the other side of the equation and what people feel like is, you know what, if you’re just coming here for nothing, and I don’t know that you’re paying your taxes and you broke the law, and now suddenly I’m paying for your kid’s school and your kid’s hospitalization, and if feels unfair — at a time when people are already feeling burdened by their own challenges, trying to afford their own kid’s college education, or feeling like they’re worried about their own retirement.
So the langue we use I think is important.You have to speak to the fact that — if somebody broke the law, even if they’re good people, they’ve got to be held accountable.And there are going to be responsibilities involved in it.Because if it’s just rights and no responsibilities, then people feel resentful.
That make sense?All right, guys, I enjoyed spending time with you.Thank you.(Applause.)
3:37 P.M. CST
Posted by bonniekgoodman on December 9, 2014
Posted by bonniekgoodman on December 6, 2014
Posted by bonniekgoodman on November 7, 2014
Posted by bonniekgoodman on November 7, 2014
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Posted by bonniekgoodman on October 28, 2014
Posted by bonniekgoodman on October 27, 2014
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Posted by bonniekgoodman on October 5, 2014
Source: WH, 10-2-14
1:11 P.M. CDT
THE PRESIDENT: Hello, Evanston! (Applause.) Hello, Northwestern! (Applause.) Thank you so much. Everybody, have a seat. Have a seat. It is so good to be here. Go ‘Cats! (Applause.) I want to thank your president, Morty Schapiro, and the dean of the Kellogg Business School, Sally Blount, for having me. I brought along some guests. Your Governor, Pat Quinn, is here. (Applause.) Your Senator, Dick Durbin, is here. (Applause.) Your Congresswoman, Jan Schakowsky, is here. (Applause.) We’ve got some who represent the Chicagoland area in Congress and do a great job every day — Danny Davis, Robin Kelly, Mike Quigley, Brad Schneider. (Applause.) We’ve got your mayor, Elizabeth Tisdahl. (Applause.) Where’s Elizabeth? There she is. One of my great friends and former chief of staff — the mild-mannered Mayor of Chicago, Rahm Emanuel, is here. (Laughter and applause.)
It is great to be back home. (Applause.) It’s great to be back at Northwestern. Back when I was a senator, I had the honor of delivering the commencement address for the class of 2006. And as it turns out, I’ve got a bunch of staff who graduated from here, and so they’re constantly lobbying me about stuff. And so earlier this year, I popped in via video to help kick off the dance marathon. I figured this time I’d come in person — not only because it’s nice to be so close to home, but it’s also just nice to see old friends, people who helped to form how I think about public service; people who helped me along the way. Toni Preckwinkle was my alderwoman and was a great supporter. (Applause.) Lisa Madigan, your attorney general, was my seatmate. State Senator Terry Link was my golf buddy. So you’ve got people here who I’ve just known for years and really not only helped me be where I am today, but helped develop how I think about public service.
And I’m also happy to be here because this is a university that is brimming with the possibilities of a new economy — your research and technology; the ideas and the innovation; the training of doctors and educators, and scientists and entrepreneurs. But you can’t help but visit a campus like this and feel the promise of the future.
And that’s why I’m here — because it’s going to be young people like you, and universities like this, that will shape the American economy and set the conditions for middle-class growth well into the 21st century.
And obviously, recent months have seen their fair share of turmoil around the globe. But one thing should be crystal clear: American leadership is the one constant in an uncertain world. It’s America — our troops, our diplomats — that lead the fight to degrade and ultimately destroy the terrorist group known as ISIL.
It’s America — our doctors, our scientists, our know-how — that leads the fight to contain and combat the Ebola epidemic in West Africa.
It’s America — our colleges, our graduate schools, our unrivaled private sector — that attracts so many people to our shores to study and start businesses and tackle some of the most challenging problems in the world.
When alarms go off somewhere in the world, whether it’s a disaster that is natural or man-made; when there’s an idea or an invention that can make a difference, this is where things start. This is who the world calls — America. They don’t call Moscow. They don’t call Beijing. They call us. And we welcome that responsibility of leadership, because that’s who we are. That’s what we expect of ourselves.
But what supports our leadership role in the world is ultimately the strength of our economy here at home. And today, I want to step back from the rush of global events to take a clear-eyed look at our economy, its successes and its shortcomings, and determine what we still need to build for your generation — what you can help us build.
As Americans, we can and should be proud of the progress that our country has made over these past six years. And here are the facts — because sometimes the noise clutters and I think confuses the nature of the reality out there. Here are the facts: When I took office, businesses were laying off 800,000 Americans a month. Today, our businesses are hiring 200,000 Americans a month. (Applause.) The unemployment rate has come down from a high of 10 percent in 2009, to 6.1 percent today. (Applause.) Over the past four and a half years, our businesses have created 10 million new jobs; this is the longest uninterrupted stretch of private sector job creation in our history. Think about that. And you don’t have to applaud at — because I’m going to be giving you a lot of good statistics. (Laughter.) Right now, there are more job openings than at any time since 2001. All told, the United States has put more people back to work than Europe, Japan, and every other advanced economy combined. I want you to think about that. We have put more people back to work, here in America, than Europe, Japan, and every other advanced economy combined.
This progress has been hard, but it has been steady and it has been real. And it’s the direct result of the American people’s drive and their determination and their resilience, and it’s also the result of sound decisions made by my administration.
So it is indisputable that our economy is stronger today than when I took office. By every economic measure, we are better off now than we were when I took office. At the same time, it’s also indisputable that millions of Americans don’t yet feel enough of the benefits of a growing economy where it matters most — and that’s in their own lives.
And these truths aren’t incompatible. Our broader economy in the aggregate has come a long way, but the gains of recovery are not yet broadly shared — or at least not broadly shared enough. We can see that homes in our communities are selling for more money, and that the stock market has doubled, and maybe the neighbors have new health care or a car fresh off an American assembly line. And these are all good things. But the stress that families feel — that’s real, too. It’s still harder than it should be to pay the bills and to put away some money. Even when you’re working your tail off, it’s harder than it should be to get ahead.
And this isn’t just a hangover from the Great Recession. I’ve always said that recovering from the crisis of 2008 was our first order of business, but I also said that our economy wouldn’t be truly healthy until we reverse the much longer and profound erosion of middle-class jobs and incomes.
So here’s our challenge. We’re creating more jobs at a steady pace. We’ve got a recovering housing market, a revitalized manufacturing sector — two things that are critical to middle-class success. We’ve also begun to see some modest wage growth in recent months. All of that has gotten the economy rolling again, despite the fact that the economies of many other countries around the world are softening. But as Americans, we measure our success by something more than our GDP, or a jobs report. We measure it by whether our jobs provide meaningful work that give people a sense of purpose, and whether it allows folks to take care of their families. And too many families still work too many hours with too little to show for it. Job growth could be so much faster and wages could be going up faster if we made some better decisions going forward with the help of Congress. So our task now is to harness the momentum that is real, that does exist, and make sure that we accelerate that momentum, that the economy grows and jobs grow and wages grow. That’s our challenge.
When the typical family isn’t bringing home any more than it did in 1997, then that means it’s harder for middle-class Americans to climb the ladder of success. It means that it’s harder for poor Americans to grab hold of the ladder into the middle class. That’s not what America is supposed to be about. It offends the very essence of who we are. Because if being an American means anything, it means we believe that even if we’re born with nothing — regardless of our circumstances, a last name, whether we were wealthy, whether our parents were advantaged — no matter what our circumstances, with hard work we can change our lives, and then our kids can too.
And that’s about more than just fairness. It’s more than just the idea of what America is about. When middle-class families can’t afford to buy the goods or services our businesses sell, it actually makes it harder for our economy to grow. Our economy cannot truly succeed if we’re stuck in a winner-take-all system where a shrinking few do very well while a growing many are struggling to get by. Historically, our economic greatness rests on a simple principle: When the middle class thrives, and when people can work hard to get into the middle class, then America thrives. And when it doesn’t, America doesn’t.
This is going to be a central challenge of our times. We have to make our economy work for every working American. And every policy I pursue as President is aimed at answering that challenge.
Over the last decade, we learned the hard way that it wasn’t sustainable to have an economy where too much of the growth was based on inflated home prices and bubbles that burst and a casino mentality on Wall Street; where the recklessness of a few could threaten all of us; where incomes at the top skyrocketed, while working families saw theirs decline. That was not a formula for sustained growth. We need an economy that’s built on a rock, and that — a rock that is durable and competitive, and that’s a steady source of good, middle-class jobs. When that’s happening, everybody does well.
So that’s why on day one, when I took office, with Rahm and Dick Durbin and others who were working with us, I said we would rebuild our economy on a new foundation for growth and prosperity. And with dedicated, persistent effort, we’ve actually been laying the cornerstones of this foundation every single day since.
So I mentioned earlier that there is not an economic measure by which we’re not better off than when we took official. But let me break down what we’ve also been doing structurally to make sure that we have a strong foundation for growth going forward.
The first cornerstone is new investments in the energy and technologies that make America a magnet for good, middle-class jobs.
So right off the bat, as soon as I came into office, we upped our investments in American energy to reduce our dependence on foreign oil and strengthen our own energy security. And today, the number-one oil and gas producer in the world is no longer Russia or Saudi Arabia. It’s America. (Applause.)
For the first time in nearly two decades, we now produce more oil than we buy from other countries. We’re advancing so fast in this area that two years ago I set a goal to cut our oil imports by half by — in half by 2020, and we’ve actually — we will meet that goal this year, six years ahead of schedule. (Applause.)
So that’s in the traditional fossil fuel area. But at the same time, we’ve helped put tens of thousands of people to work manufacturing wind turbines, and installing solar panels on homes and businesses. We have tripled the electricity that we harness from the wind. We have increased tenfold what we generate from the sun. We have brought enough clean energy online to power every home and business in Illinois and Wisconsin, 24/7. And that’s the kind of progress that we can be proud of and in part accounts for the progress we have also made in reducing carbon emissions that cause climate change. And I know that here at Northwestern, your researchers are working to convert sunlight into liquid fuel — which sounds impossible, or at least really hard. (Laughter.) But the good news is, if you need to get the hard or the impossible done, America and American universities are a pretty good place to start.
Meanwhile, our 100-year supply of natural gas is a big factor in drawing jobs back to our shores. Many are in manufacturing — which produce the quintessential middle-class job. During the last decade, it was widely accepted that American manufacturing was in irreversible decline. And just six years ago, its crown jewel, the American auto industry, could not survive on its own. With the help of folks like Jan and Dick and Mike Quigley and others, we helped our automakers restructure and retool. Today, they’re building and selling new cars at the fastest rate in eight years. We invested in new plants, new technologies, new high-tech hubs like the Digital Manufacturing and Design Institute that Northwestern has partnered with in Chicago.
Today, American manufacturing has added more than 700,000 new jobs. It’s growing almost twice as fast as the rest of the economy. And more than half of all manufacturing executives have said they are actively looking at bringing jobs back from China. To many in the middle class, the last decade was defined by outsourcing good jobs overseas. If we keep up these investments, we can define this decade by what’s known as “insourcing” — with new factories now opening their doors here in America at the fastest pace in decades. And in the process, we’ve also worked to grow American exports and open new markets, knock down barriers to trade, because businesses that export tend to have better-paying jobs. So today, our businesses sell more goods and services made in America to the rest of the world than ever before. Ever.
And that’s progress we can be proud of. Now, we also know that many of these manufacturing jobs have changed. You’re not just punching in and pounding rivets anymore; you’re coding computers and you’re guiding robots. You’re mastering 3D printing. And these jobs require some higher education or technical training. And that’s why the second cornerstone of the new foundation we’ve been building is making sure our children are prepared and our workers are prepared to fill the jobs of the future.
America thrived in the 20th century because we made high school free. We sent a generation to college. We cultivated the most educated workforce in the world. But it didn’t take long for other countries to look at our policies and caught on to the secret of our success. So they set out to educate their kids too, so they could out-compete our kids. We have to lead the world in education once again. (Applause.)
That’s why we launched a Race to the Top in our schools, trained thousands of math and science teachers, supported states that raised standards for learning. Today, teachers in 48 states and D.C. are teaching our kids the knowledge and skills they need to compete and win in the global economy. Working with parents and educators, we’ve turned around some of the country’s lowest-performing schools. We’re on our way to connecting 99 percent of students to high-speed Internet, and making sure every child, at every seat, has the best technology for learning.
Look, let’s face it: Some of these changes are hard. Sometimes they cause controversy. And we have a long way to go. But public education in America is actually improving. Last year, our elementary and middle school students had the highest math and reading scores on record. The dropout rates for Latinos and African Americans are down. (Applause.) The high school graduation rate — the high school graduation rate is up. It’s now above 80 percent for the first time in history. We’ve invested in more than 700 community colleges — which are so often gateways to the middle class — and we’re connecting them with employers to train high school graduates for good jobs in fast-growing fields like high-tech manufacturing and energy and IT and cybersecurity.
Here in Chicago, Rahm just announced that the city will pay community college tuition for more striving high school graduates. We’ve helped more students afford college with grants and tax credits and loans. And today, more young people are graduating than ever before. We’ve sent more veterans to college on the Post-9/11 GI Bill — including several veterans here at Northwestern — and a few of them are in this hall today, and we thank them for their service. (Applause.)
So we’ve made progress on manufacturing and creating good jobs. We’ve made progress on education. Of course, even if you have the right education, for decades, one of the things that made it harder for families to make ends meet and businesses to grow was the high cost of health care. And so the third cornerstone had to be health care reform.
In the decade before the Affordable Care Act, aka, Obamacare — (laughter and applause) — in the decade before the Affordable Care Act, double-digit premium increases were common. CEOs called them one of the biggest challenges to their competitiveness. And if your employer didn’t drop your coverage to avoid these costs, they might pass them on to you and take them out of your wages.
Today, we have seen a dramatic slowdown in the rising cost of health care. When we passed the Affordable Care Act, the critics were saying, what are you doing about cost. Well, let me tell you what we’ve done about cost. If your family gets your health care through your employer, premiums are rising at a rate tied for the lowest on record. And what this means for the economy is staggering. If we hadn’t taken this on, and premiums had kept growing at the rate they did in the last decade, the average premium for family coverage today would be $1,800 higher than they are. Now, most people don’t notice it, but that’s $1,800 you don’t have to pay out of your pocket or see vanish from your paycheck. That’s like a $1,800 tax cut. That’s not for folks who signed up for Obamacare. That’s the consequences of some of the reforms that we’ve made.
And because the insurance marketplaces we created encourage insurers to compete for your business, in many of cities they’ve announced that next year’s premiums — well, something important is happening here — next year’s premiums are actually falling in some of these markets. One expert said this is “defying the law of physics.” But we’re getting it done. And it is progress we can be proud of.
So we’re slowing the cost of health care, and we’re covering more people at the same time. In just the last year, we reduced the share of uninsured Americans by 26 percent. That means one in four uninsured Americans — about 10 million people — have gained the financial security of health insurance in less than one year. And for young entrepreneurs, like many of you here today, the fact that you can compare and buy affordable plans in the marketplace frees you up to strike out on your own, chase that new idea — something I hope will unleash new services and products and enterprises all across the country. So the job lock that used to exist because you needed health insurance, you’re free from that now. You can go out and do something on your own and get affordable health care.
And meanwhile, partly because health care prices have been growing at the slowest rate in nearly 50 years, the growth in what health care costs the government is down, also. I want everybody to listen carefully here, because when we were debating the Affordable Care Act there was a lot of complaining about how we couldn’t afford this. The independent, nonpartisan Congressional Budget Office recently reported that in 2020, Medicare and Medicaid will cost us $188 billion less than projected just four years ago. And here’s what that means in layman’s terms: Health care has long been the single biggest driver of America’s future deficits. It’s been the single biggest driver of our debt. Health care is now the single biggest factor driving down those deficits.
And this is a game-changer for the fourth cornerstone of this new foundation — getting our fiscal house in order for the long run, so we can afford to make investments that grow the middle class.
Between a growing economy, some prudent spending cuts, health care reform, and asking the wealthiest Americans to pay a little bit more on their taxes, over the past five years we’ve cut our deficits by more than half. When I took office, the deficit was nearly 10 percent of our economy. Today, it’s approaching 3 percent. (Applause.) In other words, we can shore up America’s long-term finances without falling back into the mindless austerity or manufactured crises or trying to find excuses to slash benefits to seniors that dominated Washington budget debates for so long.
And finally, we’ve put in place financial reform to protect consumers and prevent a crisis on Wall Street from hammering Main Street ever again. We have new tools to prevent “too big to fail,” to stop taxpayer-funded bailouts. We made it illegal for big banks to gamble with your money. We established the first-ever consumer watchdog to protect consumers from irresponsible lending or credit card practices. We secured billions of dollars in relief for consumers who get taken advantage of. And working with states attorneys general like Lisa Madigan, we’ve seen industry practices changing.
Now, an argument you’ll hear oftentimes from critics is that the way to grow the economy is to just get rid of regulations; free folks up from the oppressive hand of the government. And you know, it turns out, truth be told, there are still some kind of dopey regulations on the books. (Laughter.) There are regulations that are outdated or are no longer serving a useful purpose. And we have scrubbed the laws out there and identified hundreds that are outdated, that don’t help our economy, that don’t make sense, and we’re saving businesses billions of dollars by gradually eliminating those unnecessary regulations. But you have to contrast that with rules that discourage a casino-style mentality on Wall Street, or rules that protect the basic safety of workers on the job, or rules that safeguard the air our children breathe and keep mercury or arsenic out of our water supply. These don’t just have economic benefits, these are rules that save lives and protect families. And I’ll always stand up for those — and they’re good for our economy.
So here’s the bottom line: For all the work that remains, for all the citizens that we still need to reach, what I want people to know is that there are some really good things happening in America. Unemployment down. Jobs up. Manufacturing growing. Deficits cut by more than half. High school graduation is up. College enrollment up. Energy production up. Clean energy production up. Financial system more stable. Health care costs rising at a slower rate. Across the board, the trend lines have moved in the right direction.
That’s because this new foundation is now in place. New investments in energy and technologies that create new jobs and new industries. New investments in education that will make our workforce more skilled and competitive. New reforms to health care that cut costs for families and businesses. New reforms to our federal budget that will promote smart investments and a stronger economy for future generations. New rules for our financial system to protect consumers and prevent the kinds of crises that we endured from happening again.
You add it all up, and it’s no surprise that for the first time in more than a decade, business leaders from around the world — these are business surveys. Kellogg, you’re familiar with these. (Laughter.) Business leaders from around the world have said the world’s most attractive place to invest is not India or China, it’s the United States of America. And that’s because the financial sector is healthier; because manufacturing is healthier; because the housing market is healthier; because health care inflation is at a 50-year low; because our energy boom is at new highs. Because of all these things, our economy isn’t just primed for steadier, more sustained growth; America is better poised to lead and succeed in the 21st century than any other nation on Earth. We’ve got the best cards.
And I will not allow anyone to dismantle this foundation. Because for the first time, we can see real, tangible evidence of what the contours of the new economy will look like. It’s an economy teeming with new industry and commerce, and humming with new energy and new technologies, and bustling with highly skilled, higher-wage workers.
It’s an America where a student graduating from college has the chance to advance through a vibrant job market, and where an entrepreneur can start a new business and succeed, and where an older worker can retool for that new job. And to fully realize this vision requires steady, relentless investment in these areas. We cannot let up and we cannot be complacent. We have to be hungry as a nation. We have to compete. When we do — if we take the necessary steps to build on the foundation that through some really hard work we have laid over the last several years — I promise you, over the next 10 years we’ll build an economy where wage growth is stronger than it was in the past three decades. It is achievable.
So let me just talk a little more specifically about what we should be doing right now.
First of all, we’ve got to realize that the trends that have battered the middle class for so long aren’t ones that we’re going to reverse overnight. The facts that I just laid out don’t mean that there aren’t a lot of folks out there who are underpaid, they’re underemployed, they’re working long hours, they’re having trouble making ends meet. I hear from them every day, I meet with them. And it’s heartbreaking — because they’re struggling hard. And there are no silver bullets for job creation or faster wage growth. Anybody who tells you otherwise is not telling the truth. But there are policies that would grow jobs and wages faster than we’re doing right now.
If we rebuild roads and bridges — because we’ve got $2 trillion of deferred maintenance on our infrastructure — we won’t just put construction workers and engineers on the job; we will revitalize entire communities, and connect people to jobs, and make it easier for businesses to ship goods around the world. And we can pay for it with tax reform that actually cuts rates on businesses, but closes wasteful loopholes, making it even more attractive for companies to invest and create jobs here in the United States. Let’s do this and make our economy stronger.
If we make it easier for first-time homebuyers to get a loan, we won’t just create even more construction jobs and speed up recovery in the housing market; we’ll speed up your efforts to grow a nest egg and start a new company, and send your own kids to college and graduate school someday. So let’s help more young families buy that first home, make our economy stronger.
If we keep investing in clean energy technology, we won’t just put people to work on the assembly lines, pounding into place the zero-carbon components of a clean energy age; we’ll reduce our carbon emissions and prevent the worst costs of climate change down the road. Let’s do this — invest in new American energy and make our economy stronger.
If we make high-quality preschool available to every child, not only will we give our kids a safe place to learn and grow while their parents go to work; we’ll give them the start that they need to succeed in school, and earn higher wages, and form more stable families of their own. In fact, today, I’m setting a new goal: By the end of this decade, let’s enroll 6 million children in high-quality preschool. That is an achievable goal that we know will make our workforce stronger. (Applause.)
If we redesign our high schools, we’ll graduate more kids with the real-world skills that lead directly to a good job in the new economy. If we invest more in job training and apprenticeships, we’ll help more workers fill more good jobs that are coming back to this country. If we make it easier for students to pay off their college loans, we’ll help a whole lot of young people breathe easier and feel freer to take the jobs they really want. (Applause.) So look, let’s do this — let’s keep reforming our education system to make sure young people at every level have a shot at success, just like folks at Northwestern do.
If we fix our broken immigration system, we won’t just prevent some of the challenges like the ones that we saw at the border this summer; we’ll encourage the best and brightest from around the world to study here and stay here, and create jobs here. Independent economists say that a big bipartisan reform bill that the House has now blocked for over a year would grow our economy, shrink our deficits, secure our borders. Let’s pass that bill. Let’s make America stronger. (Applause.)
If we want to make and sell the best products, we have to invest in the best ideas, like you do here at Northwestern. Your nanotechnology institute doesn’t just conduct groundbreaking research; that research has spun off 20 startups and more than 1,800 products — that means jobs. (Applause.)
Here’s another example. Over a decade ago, America led the international effort to sequence the human genome. One study found that every dollar we invested returned $140 to our economy. Now, I don’t have an MBA, but that’s sounds like a good return on investment. (Laughter and applause.)
Today, though, the world’s largest genomics center is in China. That doesn’t mean America is slipping. It does mean America isn’t investing. We can’t let other countries discover the products and businesses that will shape the next century and the century after that. So we’ve got to invest more in the kinds of basic research that led to Google and GPS, and makes our economy stronger.
If we raise the minimum wage, we won’t just put — (applause) — we won’t just put more money in workers’ pockets; they’ll spend that money at local businesses, who in turn will hire more people.
In the two years since I first asked Congress to raise the national minimum wage, 13 states and D.C. went and raised theirs. And more business owners are joining them on their own. It’s on the ballot in five states this November, including Illinois. (Applause.) And here’s the thing — recent surveys show that a majority of small business owners support a gradual increase to $10.10 an hour. A survey just last week showed that nearly two-thirds of employers thought the minimum wage should go up in their state — and more than half of them think it should be at least $10. So what’s stopping us? Let’s agree that nobody who works full-time in America should ever have to raise a family in poverty. Let’s give America a raise. It will make the economy stronger. (Applause.)
If we make sure a woman is paid equal to a man for her efforts — (applause) — that is not just giving women a boost. Gentlemen, you want your wife making that money that she has earned. (Laughter.) It gives the entire family a boost and it gives the entire economy a boost. Women now outpace men in college degrees and graduate degrees, but they often start their careers with lower pay. And that gap grows over time, and that affects their families. It’s stupid. (Laughter and applause.) Let’s inspire and support more women, especially in fields like science and technology and engineering and math. (Applause.) Let’s catch up to 2014, pass a fair pay law, make our economy stronger.
And while we’re at it, let’s get rid of the barriers that keep more moms who want to work from entering the workforce. Let’s do what Dean Blount did here at Kellogg. She’s been working with us at the White House, helping business and political leaders who recognize that flexibility in the workplace and paid maternity leave are actually good for business. And let’s offer those deals to dads, too. (Applause.) Because we want to make sure that they can participate in child-rearing. And let’s make sure work pays for parents who are raising young kids. It’s a good investment.
California adopted paid leave, which boosted work and earnings for moms with young kids. Let’s follow their lead. Let’s make our economy stronger.
Now, none of these policies I just mentioned on their own will entirely get us to where we want to be. But if we do these things systematically, the cumulative impact will be huge. Unemployment will drop a little faster, which means workers will gain a little more leverage when it comes to wages and salaries, which means consumer confidence will go up, which means families will be able to spend a little more and save a little more, which means our economy grows stronger, and growth will be shared. More people will feel this recovery, rather than just reading about it in the newspapers. That’s the truth.
And I’m going to keep making the argument for these policies, because they are right for America. They are supported by the facts. And I’m always willing to work with anyone, Democrat or Republican, to get things done. And every once in a while, we actually see a bill land on my desk from Congress. (Laughter.) And we do a bill signing and I look at the members, and I say — I tell them, look how much fun this is. Let’s do this again. Let’s do it again. (Laughter and applause.)
But if gridlock prevails, if cooperation and compromise are no longer valued, but vilified, then I’ll keep doing everything I can on my own if it will make a difference for working Americans. (Applause.)
I will keep teaming up with governors and mayors and CEOs and philanthropists who want to help. Here’s an example. There are 28 million Americans who would benefit from a minimum wage increase — 28 million. Over the past two years, because we’ve teamed up with cities and states and businesses, and went around Congress, 7 million of them have gotten a raise. So until Congress chooses to step up and help all of them, I’ll keep fighting to get an extra million here and an extra million there with a raise. We’ll keep fighting for this.
And let me just say one other thing about the economy — because oftentimes you hear this from the critics: The notion is that the agenda I’ve just outlined is somehow contrary to pro-business, capitalist, free-market values. And since we’re here at a business school, I thought it might be useful to point out that Bloomberg, for example, I think came out with an article today saying that corporate balance sheets are the strongest just about that they’ve ever been. Corporate debt is down. Profits are up. Businesses are doing good.
So this idea that somehow any of these policies — like the minimum wage or fair pay or clean energy — are somehow bad for business is simply belied by the facts. It’s not true. And if you talk to business leaders, even the ones who really don’t like to admit it because they don’t like me that much — (laughter) — they’ll admit that actually their balance sheets look really strong, and that this economy is doing better than our competitors around the world. So don’t buy this notion that somehow this is an anti-business agenda. This is a pro-business agenda. This is a pro-economic growth agenda.
Now, I am not on the ballot this fall. Michelle is pretty happy about that. (Laughter.) But make no mistake: These policies are on the ballot — every single one of them. This isn’t some official campaign speech, or political speech, and I’m not going to tell you who to vote for — although I suppose it is kind of implied. (Laughter and applause.) But what I have done is laid out my ideas to create more jobs and to grow more wages. And I’ve also tried to correct the record — because, as I said, there’s a lot of noise out there. Every item I ticked off, those are the facts. It’s not conjecture. It’s not opinion. It’s not partisan rhetoric. I laid out facts.
So I laid out what I know has happened over the six years of my presidency so far, and I’ve laid out an agenda for what I think should happen to make us grow even better, grow even faster. A true opposition party should now have the courage to lay out their agenda, hopefully also grounded in facts.
There’s a reason fewer Republicans are preaching doom on deficits — it’s because the deficits have come down at almost a record pace, and they’re now manageable. There’s a reason fewer Republicans you hear them running about Obamacare — because while good, affordable health care might seem like a fanged threat to the freedom of the American people on Fox News — (laughter) — it’s turns out it’s working pretty well in the real world. (Applause.)
Now, when push came to shove this year, and Republicans in Congress actually had to take a stand on policies that would help the middle class and working Americans — like raising the minimum wage, or enacting fair pay, or refinancing student loans, or extending insurance for the unemployed — the answer was “no.” But one thing they did vote “yes” on was another massive tax cut for the wealthiest Americans. In fact, just last month, at least one top Republican in Congress said that tax cuts for those at the top are — and I’m quoting here — “even more pressing now” than they were 30 years ago. More pressing. When nearly all the gains of the recovery have gone to the top 1 percent, when income inequality is at as high a rate as we’ve seen in decades, I find that a little hard to swallow that they really desperately need a tax cut right now, it’s urgent. ]
Why? (Laughter.) What are the facts? What is the empirical data that would justify that position? Kellogg Business School, you guys are all smart. You do all this analysis. You run the numbers. Has anybody here seen a credible argument that that is what our economy needs right now? Seriously. (Laughter.)
But this is the — if you watch the debate, including on some of the business newscasts — (laughter) — and folks are just pontificating about how important this is. Based on what? What’s the data? What’s the proof? If there were any credible argument that says when those at the top do well and eventually everybody else will do well, it would have borne itself out by now. We’d see data that that was true. It’s not.
American economic greatness has never trickled down from the top. It grows from a rising, thriving middle class and opportunity for working people. That’s what makes us different. (Applause.)
So I just want to be clear here — because you guys are going to be business leaders of the future, and you’re going to be making decisions based on logic and reason and facts and data. And right now you’ve got two starkly different visions for this country. And I believe, with every bone in my body, that there’s one clear choice here because it’s supported by facts.
And this is our moment to define what the next decade and beyond will look like. This is our chance to set the conditions for middle-class growth in the 21st century. The decisions we make this year, and over the next few years, will determine whether or not we set the stage for America’s greatness in this century just like we did in the last one — whether or not we restore the link between hard work and higher wages; whether or not we continue to invest in a skilled, educated citizenry; whether or not we rebuild an economy where everyone who works hard can get ahead.
And some of that depends on you. There is a reason why I came to a business school instead of a school of government. I actually believe that capitalism is the greatest force for prosperity and opportunity the world has ever known. And I believe in private enterprise — not government, but innovators and risk-takers and makers and doers — driving job creation.
But I also believe in a higher principle, which is we’re all in this together. (Applause.) That’s the spirit that made the American economy work. That’s what made the American economy not just the world’s greatest wealth creator, but the world’s greatest opportunity generator. And because you’re America’s future business leaders and civic leaders, that makes you the stewards of America’s greatest singlet asset — and that’s our people.
So as you engage in the pursuit of profits, I challenge you to do so with a sense of purpose. As you chase your own success, I challenge you to cultivate more ways to help more Americans chase their success.
It is the American people who’ve made the progress of the last six years possible. It is the American people who will make our future progress possible. It is the American people that make American business successful. And they should share in that success. It’s not just for you. It’s for us. Because it’s the American people that made the investments over the course of generations to allow you and me to be here and experience this success. That’s the story of America. America is a story of progress — sometimes halting, sometimes incomplete, sometimes harshly challenged. But the story of America is a story of progress.
And it has now been six long years since our economy nearly collapsed. Despite that shock, through the pain that so many fellow Americans felt; for all the gritty, grueling work required to come back, all the work that’s left to be done — a new foundation is laid. A new future is yet to be written. And I am as confident as ever that that future will be led by the United States of America.
Thank you, everybody. God bless you. God bless America.
2:06 P.M. CDT
Posted by bonniekgoodman on October 2, 2014
Source: NBC News, 9-7-14
Posted by bonniekgoodman on September 7, 2014