Political Musings February 16, 2015: Boehner willing to let DHS funding expire to force Democrats on immigration

POLITICAL MUSINGS

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OBAMA PRESIDENCY & THE 114TH CONGRESS:

Boehner willing to let DHS funding expire to force Democrats on immigration

By Bonnie K. Goodman

Although the Republican leadership promised not government shut downs, Speaker of the House of Representatives John Boehner, R-OH let it be known on his Sunday, Feb. 15, 2015 appearance on Fox News Sunday that he is willing to let…READ MORE

Political Musings February 2, 2015: Obama unveils $4 trillion budget with spending tax increases dead on arrival

POLITICAL MUSINGS

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OBAMA PRESIDENCY & THE 114TH CONGRESS:

Obama unveils $4 trillion budget with spending tax increases dead on arrival

By Bonnie K. Goodman

President Barack Obama unveiled and sent to Congress his new 2016 fiscal year budget on Monday, Feb. 2, 2015 that be more of political bargaining tool and policy vision and has no chance at all of passing the Republican…READ MORE

Full Text Obama Presidency February 2, 2015: President Barack Obama’s 2016 Budget – PDF

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 114TH CONGRESS:

President Barack Obama’s 2016 Budget

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)

Document

Size

File Format

Descriptions of The Budget Documents and General Notes 75 K PDF
The Budget Message of the President 44 K PDF
Building on a Record of Economic Growth and Progress 110 K PDF
Investing in America’s Future 396 K PDF
A Government of the Future 130 K PDF
Cuts, Consolidations, and Savings 132 K PDF
Summary Tables 1366 K PDF

 

Full Text Obama Presidency February 2, 2015: President Barack Obama’s Speech Unveiling the FY2016 Budget

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 114TH CONGRESS:

Remarks by the President on the FY2016 Budget

Source: WH, 2-2-15

Department of Homeland Security
Washington, D.C.

11:27 A.M. EST

THE PRESIDENT:  Thank you so much.  (Applause.)  Thank you, everybody.  Please, have a seat.  Well, good morning, everybody.   It is good to be here at the Department of Homeland Security.  And let me thank Jeh Johnson not only for the outstanding job that’s he’s doing as Secretary of DHS, but also for a short introduction.  I like short introductions.  (Laughter.)  Give him a big round of applause.  (Applause.)

This is a great way to start the week, because I get to do something I enjoy doing, which is saying thank you.  Nobody works harder to keep America safe than the people who are gathered here today.  And you don’t get a lot of attention for it — that’s the nature of the job.  But I know how vital you are, and I want to make that sure more Americans know how vital you are.  Because against just about every threat that we face — from terrorist networks to microscopic viruses to cyber-attacks to weather disasters — you guys are there.  You protect us from threats at home and abroad, by air and land and sea.  You safeguard our ports, you patrol our borders.  You inspect our chemical plants, screen travelers for Ebola, shield our computer networks, and help hunt down criminals around the world.  You have a busy agenda, a full plate.  And here at home, you are ready to respond to any emergency at a moment’s notice.

It is simply extraordinary how much the Department of Homeland Security does every single day to keep our nation, our people safe.  It’s a critical job, and you get it done without a lot of fanfare.  And I want to make sure that you have what you need to keep getting the job done.  Every American has an interest in making sure that the Department of Homeland Security has what it needs to achieve its mission — because we are reliant on that mission every single day.

Now, today, I’m sending Congress a budget that will make sure you’ve got what you need to achieve your mission.  It gives you the resources you need to carry out your mission in a way that is smart and strategic, and makes the most of every dollar.  It’s also a broader blueprint for America’s success in this new global economy.  Because after a breakthrough year for America — at a time when our economy is growing and our businesses are creating jobs at the fastest pace since the 1990s, and wages are starting to rise again — we’ve got some fundamental choices to make about the kind of country we want to be.

Will we accept an economy where only a few of us do spectacularly well?  Or are we going to build an economy where everyone who works hard has a chance to get ahead?

And that was the focus of my State of the Union Address a couple weeks ago — what I called middle-class economics.  The idea that this country does best when everybody gets a fair shot, and everybody is doing their fair share, and everybody plays by the same set of rules.

The budget that Congress now has in its hands is built on those values.  It helps working families’ paychecks go farther by treating things like paid sick leave and childcare as the economic priorities that they are.  It gives Americans of every age the chance to upgrade their skills so they can earn higher wages, and it includes my plan to make two years of community college free for responsible students.  It lets us keep building the world’s most attractive economy for high-wage jobs, with new investments in research, and infrastructure and manufacturing, as well as expanded access to faster Internet and new markets for goods made in America.

It’s also a budget that recognizes that our economy flourishes when America is safe and secure.  So it invests in our IT networks, to protect them from malicious actors.  It supports our troops and strengthens our border security.  And it gives us the resources to confront global challenges, from ISIL to Russian aggression.

Now, since I took office, we have cut our deficits by about two-thirds.  I’m going to repeat that, as I always do when I mention this fact, because the public oftentimes, if you ask them, thinks that the deficit has shot up.  Since I took office, we have cut our deficits by about two-thirds.  That’s the fastest period of sustained deficit reduction since after the demobilization at the end of World War II.  So we can afford to make these investments while remaining fiscally responsible.  And, in fact, we cannot afford — we would be making a critical error if we avoided making these investments.  We can’t afford not to.  When the economy is doing well, we’re making investments when we’re growing.  That’s part of what keeps deficits low — because the economy is doing well.  So we’ve just got to be smarter about how we pay for our priorities, and that’s what my budget does.

At the end of 2013, I signed a bipartisan budget agreement that helped us end some of the arbitrary cuts known in Washington-speak as “sequestration.”  And folks here at DHS know a little too much about sequestration — (laughter) — because many of you have to deal with those cuts, and it made it a lot harder for you to do your jobs.

The 2013 agreement to reverse some of those cuts helped to boost our economic growth.  Part of the reason why we grew faster last year was we were no longer being burdened by mindless across-the-board cuts, and we were being more strategic about how we handled our federal budget.  And now we need to take the next step.  So my budget will end sequestration and fully reverse the cuts to domestic priorities in 2016.  And it will match the investments that were made domestically, dollar for dollar, with increases in our defense funding.

And just last week, top military officials told Congress that if Congress does nothing to stop sequestration, there could be serious consequences for our national security, at a time when our military is stretched on a whole range of issues.  And that’s why I want to work with Congress to replace mindless austerity with smart investments that strengthen America.  And we can do so in a way that is fiscally responsible.

I’m not going to accept a budget that locks in sequestration going forward.  It would be bad for our security and bad for our growth.  I will not accept a budget that severs the vital link between our national security and our economic security.  I know there’s some on Capitol Hill who would say, well, we’d be willing to increase defense spending but we’re not going to increase investments in infrastructure, for example, or basic research.  Well, those two things go hand in hand.  If we don’t have a vital infrastructure, if we don’t have broadband lines across the country, if we don’t have a smart grid, all that makes us more vulnerable.  America can’t afford being shortsighted, and I’m not going to allow it.

The budget I’ve sent to Congress today is fully paid for, through a combination of smart spending cuts and tax reforms.  Let me give you an example.  Right now, our tax code is full of loopholes for special interests — like the trust fund loophole that allows the wealthiest Americans to avoid paying taxes on their unearned income.  I think we should fix that and use the savings to cut taxes for middle-class families.  That would be good for our economy.

Now, I know there are Republicans who disagree with my approach.  And I’ve said this before:  If they have other ideas for how we can keep America safe, grow our economy, while helping middle-class families feel some sense of economic security, I welcome their ideas.  But their numbers have to add up.  And what we can’t do is play politics with folks’ economic security, or with our national security.  You, better than anybody, know what the stakes are.  The work you do hangs in the balance.

In just a few weeks from now, funding for Homeland Security will run out.  That’s not because of anything this department did, it’s because the Republicans in Congress who funded everything in government through September, except for this department.  And they’re now threatening to let Homeland Security funding expire because of their disagreeing with my actions to make our immigration system smarter, fairer and safer.

Now let’s be clear, I think we can have a reasonable debate about immigration.  I’m confident that what we’re doing is the right thing and the lawful thing.  I understand they may have some disagreements with me on that, although I should note that a large majority — or a large percentage of Republicans agree that we need comprehensive immigration reform, and we’re prepared to act in the Senate and should have acted in the House.  But if they don’t agree with me, that’s fine, that’s how our democracy works.  You may have noticed they usually don’t agree with me.  But don’t jeopardize our national security over this disagreement.

As one Republican put it, if they let your funding run out, “it’s not the end of the world.”  That’s what they said.  Well, I guess literally that’s true; it may not be the end of the world.  But until they pass a funding bill, it is the end of a paycheck for tens of thousands of frontline workers who will continue to get — to have to work without getting paid.  Over 40,000 Border Patrol and Customs agents.  Over 50,000 airport screeners.  Over 13,000 immigration officers.  Over 40,000 men and women in the Coast Guard.  These Americans aren’t just working to keep us safe, they have to take care of their own families.  The notion that they would get caught up in a disagreement around policy that has nothing to do with them makes no sense.

And if Republicans let Homeland Security funding expire, it’s the end to any new initiatives in the event that a new threat emerges.  It’s the end of grants to states and cities that improve local law enforcement and keep our communities safe.  The men and women of America’s homeland security apparatus do important work to protect us, and Republicans and Democrats in Congress should not be playing politics with that.

We need to fund the department, pure and simple.  We’ve got to put politics aside, pass a budget that funds our national security priorities at home and abroad, and gives middle-class families the security they need to get ahead in the new economy.  This is one of our most basic and most important responsibilities as a government.  So I’m calling on Congress to get this done.

Every day, we count on people like you to keep America secure.  And you are counting on us as well to uphold our end of the bargain.  You’re counting on us to make sure that you’ve got the resources to do your jobs safely and efficiently, and that you’re able to look after your families while you are out there working really hard to keep us safe.

We ask a lot of you.  The least we can do is have your backs.  That’s what I’m going to keep on doing for as long as I have the honor of serving as your President.  I have your back.  And I’m going to keep on fighting to make sure that you get the resources you deserve.  I’m going to keep fighting to make sure that every American has the chance not just to share in America’s success but to contribute to America’s success.  That’s what this budget is about.

It reflects our values in making sure that we are making the investments we need to keep America safe, to keep America growing, and to make sure that everybody is participating no matter what they look like, where they come from, no matter how they started in life, they’ve got a chance to get ahead in this great country of ours.  That’s what I believe.  That’s what you believe.  (Applause.)  Let’s get it done.

Thank you.  God bless you.  God bless the United States of America.  (Applause.)

END
11:43 A.M. EST

Political Musings January 21, 2015: Obama defiant in least viewed State of the Union Address in recent history

POLITICAL MUSINGS

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OBAMA PRESIDENCY & THE 114TH CONGRESS:

Obama defiant in least viewed State of the Union Address in recent history

By Bonnie K. Goodman

The state of the State of the Union Address is not good; President Obama delivered the address to the smallest audience of viewers in recent history. Only 31.7 million Americans viewed the address on television; the State of…READ MORE

Full Text Political Transcripts January 20, 2015: Iowa Senator Joni Ernst Delivers Official GOP Republican State of the Union Response

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 114TH CONGRESS:

GOP Responds to Obama’s State of the Union Address: Full Text

“Good evening.

“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.”

Read On ABC News Radio: http://abcnewsradioonline.com/politics-news/gop-responds-to-obamas-state-of-the-union-address-full-text-1.html#ixzz3PW3xtGoc

Full Text Obama Presidency January 20, 2015: President Barack Obama’s 2015 State of the Union Address — Transcript

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 114TH CONGRESS:

Remarks of President Barack Obama – As Prepared for Delivery State of the Union Address

Source: WH, 1-20-15

The White House is making the full text of the State of the Union widely available on its Medium page. The text, as prepared for delivery, is now online HERE, along with tools that allow people to follow along with the speech as they watch in real time, to view charts and infographics on key areas, to tweet their favorite lines, and to leave notes to provide feedback.

The full text of the State of the Union Address, as prepared for delivery, is posted now on Medium and can be viewed here: http://go.wh.gov/SOTUMedium

There is a ritual on State of the Union night in Washington. A little before the address, the White House sends out an embargoed copy of the President’s speech to the press (embargoed means that the press can see the speech, but they can’t report on it until a designated time). The reporters then start sending it around town to folks on Capitol Hill to get their reaction, then those people send it to all their friends, and eventually everyone in Washington can read along, but the public remains in the dark.

This year we change that.

For the first time, the White House is making the full text of the speech available to citizens around the country online. On Medium, you can follow along with the speech as you watch in real time, view charts and infographics on key areas, tweet favorite lines, and leave notes. By making the text available to the public in advance, the White House is continuing efforts to reach a wide online audience and give people a range of ways to consume the speech.


Mr. Speaker, Mr. Vice President, Members of Congress, my fellow Americans:

We are fifteen years into this new century.  Fifteen years that dawned with terror touching our shores; that unfolded with a new generation fighting two long and costly wars; that saw a vicious recession spread across our nation and the world.  It has been, and still is, a hard time for many.

But tonight, we turn the page.

Tonight, after a breakthrough year for America, our economy is growing and creating jobs at the fastest pace since 1999.  Our unemployment rate is now lower than it was before the financial crisis.  More of our kids are graduating than ever before; more of our people are insured than ever before; we are as free from the grip of foreign oil as we’ve been in almost 30 years.

Tonight, for the first time since 9/11, our combat mission in Afghanistan is over.  Six years ago, nearly 180,000 American troops served in Iraq and Afghanistan.  Today, fewer than 15,000 remain.  And we salute the courage and sacrifice of every man and woman in this 9/11 Generation who has served to keep us safe.  We are humbled and grateful for your service.

America, for all that we’ve endured; for all the grit and hard work required to come back; for all the tasks that lie ahead, know this:

The shadow of crisis has passed, and the State of the Union is strong.

At this moment – with a growing economy, shrinking deficits, bustling industry, and booming energy production – we have risen from recession freer to write our own future than any other nation on Earth.  It’s now up to us to choose who we want to be over the next fifteen years, and for decades to come.

Will we accept an economy where only a few of us do spectacularly well?  Or will we commit ourselves to an economy that generates rising incomes and chances for everyone who makes the effort?

Will we approach the world fearful and reactive, dragged into costly conflicts that strain our military and set back our standing?  Or will we lead wisely, using all elements of our power to defeat new threats and protect our planet?

Will we allow ourselves to be sorted into factions and turned against one another – or will we recapture the sense of common purpose that has always propelled America forward?

In two weeks, I will send this Congress a budget filled with ideas that are practical, not partisan.  And in the months ahead, I’ll crisscross the country making a case for those ideas.

So tonight, I want to focus less on a checklist of proposals, and focus more on the values at stake in the choices before us.

It begins with our economy.

Seven years ago, Rebekah and Ben Erler of Minneapolis were newlyweds.  She waited tables.  He worked construction.  Their first child, Jack, was on the way.

They were young and in love in America, and it doesn’t get much better than that.

“If only we had known,” Rebekah wrote to me last spring, “what was about to happen to the housing and construction market.”

As the crisis worsened, Ben’s business dried up, so he took what jobs he could find, even if they kept him on the road for long stretches of time.  Rebekah took out student loans, enrolled in community college, and retrained for a new career.  They sacrificed for each other.  And slowly, it paid off.  They bought their first home.  They had a second son, Henry.  Rebekah got a better job, and then a raise.  Ben is back in construction – and home for dinner every night.

“It is amazing,” Rebekah wrote, “what you can bounce back from when you have to…we are a strong, tight-knit family who has made it through some very, very hard times.”

We are a strong, tight-knit family who has made it through some very, very hard times.

America, Rebekah and Ben’s story is our story.  They represent the millions who have worked hard, and scrimped, and sacrificed, and retooled.  You are the reason I ran for this office.  You’re the people I was thinking of six years ago today, in the darkest months of the crisis, when I stood on the steps of this Capitol and promised we would rebuild our economy on a new foundation.  And it’s been your effort and resilience that has made it possible for our country to emerge stronger.

We believed we could reverse the tide of outsourcing, and draw new jobs to our shores.  And over the past five years, our businesses have created more than 11 million new jobs.

We believed we could reduce our dependence on foreign oil and protect our planet.  And today, America is number one in oil and gas.  America is number one in wind power.  Every three weeks, we bring online as much solar power as we did in all of 2008.  And thanks to lower gas prices and higher fuel standards, the typical family this year should save $750 at the pump.

We believed we could prepare our kids for a more competitive world.  And today, our younger students have earned the highest math and reading scores on record.  Our high school graduation rate has hit an all-time high.  And more Americans finish college than ever before.

We believed that sensible regulations could prevent another crisis, shield families from ruin, and encourage fair competition.  Today, we have new tools to stop taxpayer-funded bailouts, and a new consumer watchdog to protect us from predatory lending and abusive credit card practices.  And in the past year alone, about ten million uninsured Americans finally gained the security of health coverage.

At every step, we were told our goals were misguided or too ambitious; that we would crush jobs and explode deficits.  Instead, we’ve seen the fastest economic growth in over a decade, our deficits cut by two-thirds, a stock market that has doubled, and health care inflation at its lowest rate in fifty years.

So the verdict is clear.  Middle-class economics works.  Expanding opportunity works.  And these policies will continue to work, as long as politics don’t get in the way.  We can’t slow down businesses or put our economy at risk with government shutdowns or fiscal showdowns.  We can’t put the security of families at risk by taking away their health insurance, or unraveling the new rules on Wall Street, or refighting past battles on immigration when we’ve got a system to fix.  And if a bill comes to my desk that tries to do any of these things, it will earn my veto.

Today, thanks to a growing economy, the recovery is touching more and more lives.  Wages are finally starting to rise again.  We know that more small business owners plan to raise their employees’ pay than at any time since 2007.  But here’s the thing – those of us here tonight, we need to set our sights higher than just making sure government doesn’t halt the progress we’re making.  We need to do more than just do no harm.  Tonight, together, let’s do more to restore the link between hard work and growing opportunity for every American.

Because families like Rebekah’s still need our help.  She and Ben are working as hard as ever, but have to forego vacations and a new car so they can pay off student loans and save for retirement.  Basic childcare for Jack and Henry costs more than their mortgage, and almost as much as a year at the University of Minnesota.  Like millions of hardworking Americans, Rebekah isn’t asking for a handout, but she is asking that we look for more ways to help families get ahead.

In fact, at every moment of economic change throughout our history, this country has taken bold action to adapt to new circumstances, and to make sure everyone gets a fair shot.  We set up worker protections, Social Security, Medicare, and Medicaid to protect ourselves from the harshest adversity.  We gave our citizens schools and colleges, infrastructure and the internet – tools they needed to go as far as their effort will take them.

That’s what middle-class economics is – the idea that this country does best when everyone gets their fair shot, everyone does their fair share, and everyone plays by the same set of rules.  We don’t just want everyone to share in America’s success – we want everyone to contribute to our success.

So what does middle-class economics require in our time?

First – middle-class economics means helping working families feel more secure in a world of constant change.  That means helping folks afford childcare, college, health care, a home, retirement – and my budget will address each of these issues, lowering the taxes of working families and putting thousands of dollars back into their pockets each year.

Here’s one example.  During World War II, when men like my grandfather went off to war, having women like my grandmother in the workforce was a national security priority – so this country provided universal childcare.  In today’s economy, when having both parents in the workforce is an economic necessity for many families, we need affordable, high-quality childcare more than ever.  It’s not a nice-to-have – it’s a must-have.  It’s time we stop treating childcare as a side issue, or a women’s issue, and treat it like the national economic priority that it is for all of us.  And that’s why my plan will make quality childcare more available, and more affordable, for every middle-class and low-income family with young children in America – by creating more slots and a new tax cut of up to $3,000 per child, per year.

Here’s another example.  Today, we’re the only advanced country on Earth that doesn’t guarantee paid sick leave or paid maternity leave to our workers.  Forty-three million workers have no paid sick leave.  Forty-three million.  Think about that.  And that forces too many parents to make the gut-wrenching choice between a paycheck and a sick kid at home.  So I’ll be taking new action to help states adopt paid leave laws of their own.  And since paid sick leave won where it was on the ballot last November, let’s put it to a vote right here in Washington.  Send me a bill that gives every worker in America the opportunity to earn seven days of paid sick leave.  It’s the right thing to do.

Of course, nothing helps families make ends meet like higher wages.  That’s why this Congress still needs to pass a law that makes sure a woman is paid the same as a man for doing the same work.  Really.  It’s 2015.  It’s time.  We still need to make sure employees get the overtime they’ve earned.  And to everyone in this Congress who still refuses to raise the minimum wage, I say this:  If you truly believe you could work full-time and support a family on less than $15,000 a year, go try it.  If not, vote to give millions of the hardest-working people in America a raise.

These ideas won’t make everybody rich, or relieve every hardship.  That’s not the job of government.  To give working families a fair shot, we’ll still need more employers to see beyond next quarter’s earnings and recognize that investing in their workforce is in their company’s long-term interest.  We still need laws that strengthen rather than weaken unions, and give American workers a voice.  But things like child care and sick leave and equal pay; things like lower mortgage premiums and a higher minimum wage – these ideas will make a meaningful difference in the lives of millions of families.  That is a fact.  And that’s what all of us – Republicans and Democrats alike – were sent here to do.

Second, to make sure folks keep earning higher wages down the road, we have to do more to help Americans upgrade their skills.

America thrived in the 20th century because we made high school free, sent a generation of GIs to college, and trained the best workforce in the world.  But in a 21st century economy that rewards knowledge like never before, we need to do more.

By the end of this decade, two in three job openings will require some higher education.  Two in three.  And yet, we still live in a country where too many bright, striving Americans are priced out of the education they need.  It’s not fair to them, and it’s not smart for our future.

That’s why I am sending this Congress a bold new plan to lower the cost of community college – to zero.

Forty percent of our college students choose community college.  Some are young and starting out.  Some are older and looking for a better job.  Some are veterans and single parents trying to transition back into the job market.  Whoever you are, this plan is your chance to graduate ready for the new economy, without a load of debt.  Understand, you’ve got to earn it – you’ve got to keep your grades up and graduate on time.  Tennessee, a state with Republican leadership, and Chicago, a city with Democratic leadership, are showing that free community college is possible.  I want to spread that idea all across America, so that two years of college becomes as free and universal in America as high school is today.  And I want to work with this Congress, to make sure Americans already burdened with student loans can reduce their monthly payments, so that student debt doesn’t derail anyone’s dreams.

Thanks to Vice President Biden’s great work to update our job training system, we’re connecting community colleges with local employers to train workers to fill high-paying jobs like coding, and nursing, and robotics.  Tonight, I’m also asking more businesses to follow the lead of companies like CVS and UPS, and offer more educational benefits and paid apprenticeships – opportunities that give workers the chance to earn higher-paying jobs even if they don’t have a higher education.

And as a new generation of veterans comes home, we owe them every opportunity to live the American Dream they helped defend.  Already, we’ve made strides towards ensuring that every veteran has access to the highest quality care.  We’re slashing the backlog that had too many veterans waiting years to get the benefits they need, and we’re making it easier for vets to translate their training and experience into civilian jobs.  Joining Forces, the national campaign launched by Michelle and Jill Biden, has helped nearly 700,000 veterans and military spouses get new jobs.  So to every CEO in America, let me repeat:  If you want somebody who’s going to get the job done, hire a veteran.

Finally, as we better train our workers, we need the new economy to keep churning out high-wage jobs for our workers to fill.

Since 2010, America has put more people back to work than Europe, Japan, and all advanced economies combined.  Our manufacturers have added almost 800,000 new jobs.  Some of our bedrock sectors, like our auto industry, are booming.  But there are also millions of Americans who work in jobs that didn’t even exist ten or twenty years ago – jobs at companies like Google, and eBay, and Tesla.

So no one knows for certain which industries will generate the jobs of the future.  But we do know we want them here in America.  That’s why the third part of middle-class economics is about building the most competitive economy anywhere, the place where businesses want to locate and hire.

21st century businesses need 21st century infrastructure – modern ports, stronger bridges, faster trains and the fastest internet.  Democrats and Republicans used to agree on this.  So let’s set our sights higher than a single oil pipeline.  Let’s pass a bipartisan infrastructure plan that could create more than thirty times as many jobs per year, and make this country stronger for decades to come.

21st century businesses, including small businesses, need to sell more American products overseas.  Today, our businesses export more than ever, and exporters tend to pay their workers higher wages.  But as we speak, China wants to write the rules for the world’s fastest-growing region.  That would put our workers and businesses at a disadvantage.  Why would we let that happen?  We should write those rules.  We should level the playing field.  That’s why I’m asking both parties to give me trade promotion authority to protect American workers, with strong new trade deals from Asia to Europe that aren’t just free, but fair.

Look, I’m the first one to admit that past trade deals haven’t always lived up to the hype, and that’s why we’ve gone after countries that break the rules at our expense.  But ninety-five percent of the world’s customers live outside our borders, and we can’t close ourselves off from those opportunities.  More than half of manufacturing executives have said they’re actively looking at bringing jobs back from China.  Let’s give them one more reason to get it done.

21st century businesses will rely on American science, technology, research and development.  I want the country that eliminated polio and mapped the human genome to lead a new era of medicine – one that delivers the right treatment at the right time.  In some patients with cystic fibrosis, this approach has reversed a disease once thought unstoppable.  Tonight, I’m launching a new Precision Medicine Initiative to bring us closer to curing diseases like cancer and diabetes – and to give all of us access to the personalized information we need to keep ourselves and our families healthier.

I intend to protect a free and open internet, extend its reach to every classroom, and every community, and help folks build the fastest networks, so that the next generation of digital innovators and entrepreneurs have the platform to keep reshaping our world.

I want Americans to win the race for the kinds of discoveries that unleash new jobs – converting sunlight into liquid fuel; creating revolutionary prosthetics, so that a veteran who gave his arms for his country can play catch with his kid; pushing out into the Solar System not just to visit, but to stay.  Last month, we launched a new spacecraft as part of a re-energized space program that will send American astronauts to Mars.  In two months, to prepare us for those missions, Scott Kelly will begin a year-long stay in space.  Good luck, Captain – and make sure to Instagram it.

Now, the truth is, when it comes to issues like infrastructure and basic research, I know there’s bipartisan support in this chamber.  Members of both parties have told me so.  Where we too often run onto the rocks is how to pay for these investments.  As Americans, we don’t mind paying our fair share of taxes, as long as everybody else does, too.  But for far too long, lobbyists have rigged the tax code with loopholes that let some corporations pay nothing while others pay full freight.  They’ve riddled it with giveaways the superrich don’t need, denying a break to middle class families who do.

This year, we have an opportunity to change that.  Let’s close loopholes so we stop rewarding companies that keep profits abroad, and reward those that invest in America.  Let’s use those savings to rebuild our infrastructure and make it more attractive for companies to bring jobs home.  Let’s simplify the system and let a small business owner file based on her actual bank statement, instead of the number of accountants she can afford.  And let’s close the loopholes that lead to inequality by allowing the top one percent to avoid paying taxes on their accumulated wealth.  We can use that money to help more families pay for childcare and send their kids to college.  We need a tax code that truly helps working Americans trying to get a leg up in the new economy, and we can achieve that together.

Helping hardworking families make ends meet. Giving them the tools they need for good-paying jobs in this new economy.  Maintaining the conditions for growth and competitiveness.  This is where America needs to go.  I believe it’s where the American people want to go.  It will make our economy stronger a year from now, fifteen years from now, and deep into the century ahead.

Of course, if there’s one thing this new century has taught us, it’s that we cannot separate our work at home from challenges beyond our shores.

My first duty as Commander-in-Chief is to defend the United States of America.  In doing so, the question is not whether America leads in the world, but how.  When we make rash decisions, reacting to the headlines instead of using our heads; when the first response to a challenge is to send in our military – then we risk getting drawn into unnecessary conflicts, and neglect the broader strategy we need for a safer, more prosperous world.  That’s what our enemies want us to do.

I believe in a smarter kind of American leadership.  We lead best when we combine military power with strong diplomacy; when we leverage our power with coalition building; when we don’t let our fears blind us to the opportunities that this new century presents.  That’s exactly what we’re doing right now – and around the globe, it is making a difference.

First, we stand united with people around the world who’ve been targeted by terrorists – from a school in Pakistan to the streets of Paris.  We will continue to hunt down terrorists and dismantle their networks, and we reserve the right to act unilaterally, as we’ve done relentlessly since I took office to take out terrorists who pose a direct threat to us and our allies.

At the same time, we’ve learned some costly lessons over the last thirteen years.

Instead of Americans patrolling the valleys of Afghanistan, we’ve trained their security forces, who’ve now taken the lead, and we’ve honored our troops’ sacrifice by supporting that country’s first democratic transition.  Instead of sending large ground forces overseas, we’re partnering with nations from South Asia to North Africa to deny safe haven to terrorists who threaten America.  In Iraq and Syria, American leadership – including our military power – is stopping ISIL’s advance.  Instead of getting dragged into another ground war in the Middle East, we are leading a broad coalition, including Arab nations, to degrade and ultimately destroy this terrorist group.  We’re also supporting a moderate opposition in Syria that can help us in this effort, and assisting people everywhere who stand up to the bankrupt ideology of violent extremism.  This effort will take time.  It will require focus.  But we will succeed.  And tonight, I call on this Congress to show the world that we are united in this mission by passing a resolution to authorize the use of force against ISIL.

Second, we are demonstrating the power of American strength and diplomacy.  We’re upholding the principle that bigger nations can’t bully the small – by opposing Russian aggression, supporting Ukraine’s democracy, and reassuring our NATO allies.  Last year, as we were doing the hard work of imposing sanctions along with our allies, some suggested that Mr. Putin’s aggression was a masterful display of strategy and strength.  Well, today, it is America that stands strong and united with our allies, while Russia is isolated, with its economy in tatters.

That’s how America leads – not with bluster, but with persistent, steady resolve.

In Cuba, we are ending a policy that was long past its expiration date.  When what you’re doing doesn’t work for fifty years, it’s time to try something new.  Our shift in Cuba policy has the potential to end a legacy of mistrust in our hemisphere; removes a phony excuse for restrictions in Cuba; stands up for democratic values; and extends the hand of friendship to the Cuban people.  And this year, Congress should begin the work of ending the embargo.  As His Holiness, Pope Francis, has said, diplomacy is the work of “small steps.”  These small steps have added up to new hope for the future in Cuba.  And after years in prison, we’re overjoyed that Alan Gross is back where he belongs.  Welcome home, Alan.

Our diplomacy is at work with respect to Iran, where, for the first time in a decade, we’ve halted the progress of its nuclear program and reduced its stockpile of nuclear material.  Between now and this spring, we have a chance to negotiate a comprehensive agreement that prevents a nuclear-armed Iran; secures America and our allies – including Israel; while avoiding yet another Middle East conflict.  There are no guarantees that negotiations will succeed, and I keep all options on the table to prevent a nuclear Iran.  But new sanctions passed by this Congress, at this moment in time, will all but guarantee that diplomacy fails – alienating America from its allies; and ensuring that Iran starts up its nuclear program again.  It doesn’t make sense.  That is why I will veto any new sanctions bill that threatens to undo this progress.  The American people expect us to only go to war as a last resort, and I intend to stay true to that wisdom.

Third, we’re looking beyond the issues that have consumed us in the past to shape the coming century.

No foreign nation, no hacker, should be able to shut down our networks, steal our trade secrets, or invade the privacy of American families, especially our kids.  We are making sure our government integrates intelligence to combat cyber threats, just as we have done to combat terrorism.  And tonight, I urge this Congress to finally pass the legislation we need to better meet the evolving threat of cyber-attacks, combat identity theft, and protect our children’s information.  If we don’t act, we’ll leave our nation and our economy vulnerable.  If we do, we can continue to protect the technologies that have unleashed untold opportunities for people around the globe.

In West Africa, our troops, our scientists, our doctors, our nurses and healthcare workers are rolling back Ebola – saving countless lives and stopping the spread of disease.  I couldn’t be prouder of them, and I thank this Congress for your bipartisan support of their efforts.  But the job is not yet done – and the world needs to use this lesson to build a more effective global effort to prevent the spread of future pandemics, invest in smart development, and eradicate extreme poverty.

In the Asia Pacific, we are modernizing alliances while making sure that other nations play by the rules – in how they trade, how they resolve maritime disputes, and how they participate in meeting common international challenges like nonproliferation and disaster relief.  And no challenge – no challenge – poses a greater threat to future generations than climate change.

2014 was the planet’s warmest year on record.  Now, one year doesn’t make a trend, but this does – 14 of the 15 warmest years on record have all fallen in the first 15 years of this century.

I’ve heard some folks try to dodge the evidence by saying they’re not scientists; that we don’t have enough information to act.  Well, I’m not a scientist, either.  But you know what – I know a lot of really good scientists at NASA, and NOAA, and at our major universities.  The best scientists in the world are all telling us that our activities are changing the climate, and if we do not act forcefully, we’ll continue to see rising oceans, longer, hotter heat waves, dangerous droughts and floods, and massive disruptions that can trigger greater migration, conflict, and hunger around the globe.  The Pentagon says that climate change poses immediate risks to our national security.  We should act like it.

That’s why, over the past six years, we’ve done more than ever before to combat climate change, from the way we produce energy, to the way we use it.  That’s why we’ve set aside more public lands and waters than any administration in history.  And that’s why I will not let this Congress endanger the health of our children by turning back the clock on our efforts.  I am determined to make sure American leadership drives international action.  In Beijing, we made an historic announcement – the United States will double the pace at which we cut carbon pollution, and China committed, for the first time, to limiting their emissions.  And because the world’s two largest economies came together, other nations are now stepping up, and offering hope that, this year, the world will finally reach an agreement to protect the one planet we’ve got.

There’s one last pillar to our leadership – and that’s the example of our values.

As Americans, we respect human dignity, even when we’re threatened, which is why I’ve prohibited torture, and worked to make sure our use of new technology like drones is properly constrained.  It’s why we speak out against the deplorable anti-Semitism that has resurfaced in certain parts of the world.  It’s why we continue to reject offensive stereotypes of Muslims – the vast majority of whom share our commitment to peace.  That’s why we defend free speech, and advocate for political prisoners, and condemn the persecution of women, or religious minorities, or people who are lesbian, gay, bisexual, or transgender.  We do these things not only because they’re right, but because they make us safer.

As Americans, we have a profound commitment to justice – so it makes no sense to spend three million dollars per prisoner to keep open a prison that the world condemns and terrorists use to recruit.  Since I’ve been President, we’ve worked responsibly to cut the population of GTMO in half.  Now it’s time to finish the job.  And I will not relent in my determination to shut it down.  It’s not who we are.

As Americans, we cherish our civil liberties – and we need to uphold that commitment if we want maximum cooperation from other countries and industry in our fight against terrorist networks.  So while some have moved on from the debates over our surveillance programs, I haven’t.  As promised, our intelligence agencies have worked hard, with the recommendations of privacy advocates, to increase transparency and build more safeguards against potential abuse.  And next month, we’ll issue a report on how we’re keeping our promise to keep our country safe while strengthening privacy.

Looking to the future instead of the past.  Making sure we match our power with diplomacy, and use force wisely.  Building coalitions to meet new challenges and opportunities.  Leading – always – with the example of our values.  That’s what makes us exceptional.  That’s what keeps us strong.  And that’s why we must keep striving to hold ourselves to the highest of standards – our own.

You know, just over a decade ago, I gave a speech in Boston where I said there wasn’t a liberal America, or a conservative America; a black America or a white America – but a United States of America.  I said this because I had seen it in my own life, in a nation that gave someone like me a chance; because I grew up in Hawaii, a melting pot of races and customs; because I made Illinois my home – a state of small towns, rich farmland, and one of the world’s great cities; a microcosm of the country where Democrats and Republicans and Independents, good people of every ethnicity and every faith, share certain bedrock values.

Over the past six years, the pundits have pointed out more than once that my presidency hasn’t delivered on this vision.  How ironic, they say, that our politics seems more divided than ever.  It’s held up as proof not just of my own flaws – of which there are many – but also as proof that the vision itself is misguided, and naïve, and that there are too many people in this town who actually benefit from partisanship and gridlock for us to ever do anything about it.

I know how tempting such cynicism may be.  But I still think the cynics are wrong.

I still believe that we are one people.  I still believe that together, we can do great things, even when the odds are long.  I believe this because over and over in my six years in office, I have seen America at its best.  I’ve seen the hopeful faces of young graduates from New York to California; and our newest officers at West Point, Annapolis, Colorado Springs, and New London.  I’ve mourned with grieving families in Tucson and Newtown; in Boston, West, Texas, and West Virginia.  I’ve watched Americans beat back adversity from the Gulf Coast to the Great Plains; from Midwest assembly lines to the Mid-Atlantic seaboard.  I’ve seen something like gay marriage go from a wedge issue used to drive us apart to a story of freedom across our country, a civil right now legal in states that seven in ten Americans call home.

So I know the good, and optimistic, and big-hearted generosity of the American people who, every day, live the idea that we are our brother’s keeper, and our sister’s keeper.  And I know they expect those of us who serve here to set a better example.

So the question for those of us here tonight is how we, all of us, can better reflect America’s hopes.  I’ve served in Congress with many of you.  I know many of you well.  There are a lot of good people here, on both sides of the aisle.  And many of you have told me that this isn’t what you signed up for – arguing past each other on cable shows, the constant fundraising, always looking over your shoulder at how the base will react to every decision.

Imagine if we broke out of these tired old patterns.  Imagine if we did something different.

Understand – a better politics isn’t one where Democrats abandon their agenda or Republicans simply embrace mine.

A better politics is one where we appeal to each other’s basic decency instead of our basest fears.

A better politics is one where we debate without demonizing each other; where we talk issues, and values, and principles, and facts, rather than “gotcha” moments, or trivial gaffes, or fake controversies that have nothing to do with people’s daily lives.

A better politics is one where we spend less time drowning in dark money for ads that pull us into the gutter, and spend more time lifting young people up, with a sense of purpose and possibility, and asking them to join in the great mission of building America.

If we’re going to have arguments, let’s have arguments – but let’s make them debates worthy of this body and worthy of this country.

We still may not agree on a woman’s right to choose, but surely we can agree it’s a good thing that teen pregnancies and abortions are nearing all-time lows, and that every woman should have access to the health care she needs.

Yes, passions still fly on immigration, but surely we can all see something of ourselves in the striving young student, and agree that no one benefits when a hardworking mom is taken from her child, and that it’s possible to shape a law that upholds our tradition as a nation of laws and a nation of immigrants.

We may go at it in campaign season, but surely we can agree that the right to vote is sacred; that it’s being denied to too many; and that, on this 50th anniversary of the great march from Selma to Montgomery and the passage of the Voting Rights Act, we can come together, Democrats and Republicans, to make voting easier for every single American.

We may have different takes on the events of Ferguson and New York.  But surely we can understand a father who fears his son can’t walk home without being harassed.  Surely we can understand the wife who won’t rest until the police officer she married walks through the front door at the end of his shift.  Surely we can agree it’s a good thing that for the first time in 40 years, the crime rate and the incarceration rate have come down together, and use that as a starting point for Democrats and Republicans, community leaders and law enforcement, to reform America’s criminal justice system so that it protects and serves us all.

That’s a better politics.  That’s how we start rebuilding trust.  That’s how we move this country forward.  That’s what the American people want.  That’s what they deserve.

I have no more campaigns to run.  My only agenda for the next two years is the same as the one I’ve had since the day I swore an oath on the steps of this Capitol – to do what I believe is best for America.  If you share the broad vision I outlined tonight, join me in the work at hand.  If you disagree with parts of it, I hope you’ll at least work with me where you do agree.  And I commit to every Republican here tonight that I will not only seek out your ideas, I will seek to work with you to make this country stronger.

Because I want this chamber, this city, to reflect the truth – that for all our blind spots and shortcomings, we are a people with the strength and generosity of spirit to bridge divides, to unite in common effort, and help our neighbors, whether down the street or on the other side of the world.

I want our actions to tell every child, in every neighborhood:  your life matters, and we are as committed to improving your life chances as we are for our own kids.

I want future generations to know that we are a people who see our differences as a great gift, that we are a people who value the dignity and worth of every citizen – man and woman, young and old, black and white, Latino and Asian, immigrant and Native American, gay and straight, Americans with mental illness or physical disability.

I want them to grow up in a country that shows the world what we still know to be true:  that we are still more than a collection of red states and blue states; that we are the United States of America.

I want them to grow up in a country where a young mom like Rebekah can sit down and write a letter to her President with a story to sum up these past six years:

“It is amazing what you can bounce back from when you have to…we are a strong, tight-knit family who has made it through some very, very hard times.”

My fellow Americans, we too are a strong, tight-knit family.  We, too, have made it through some hard times.  Fifteen years into this new century, we have picked ourselves up, dusted ourselves off, and begun again the work of remaking America.  We’ve laid a new foundation.  A brighter future is ours to write.  Let’s begin this new chapter – together – and let’s start the work right now.

Thank you, God bless you, and God bless this country we love.

Political Musings January 13, 2015: Obama meets with Congressional leaders promises to disagree but work together

POLITICAL MUSINGS

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

Obama meets with Congressional leaders promises to disagree but work together

By Bonnie K. Goodman

In President Barack Obama’s first meeting with the 114th Congress’ leadership, there was no bourbon, but there was sports talk. Obama met with the Congressional leadership of the new GOP majority in the House of Representatives and…READ MORE

Full Text Obama Presidency December 20, 2014: President Barack Obama’s Weekly Address America’s Resurgence Is Real

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 113TH CONGRESS:

Weekly Address: America’s Resurgence Is Real

Source: WH, 12-20-14

Remarks of President Barack Obama
Weekly Address
The White House
December 20, 2014

Hi, everybody.  As 2014 comes to an end, we can enter the New Year with new confidence that America is making significant strides where it counts.

The steps we took nearly six years ago to rescue our economy and rebuild it on a new foundation helped make 2014 the strongest year for job growth since the 1990s.  Over the past 57 months, our businesses have created nearly 11 million new jobs.  And in a hopeful sign for middle-class families, wages are on the rise again.

Our investments in American manufacturing have helped fuel its best stretch of job growth since the ‘90s.  America is now the number one producer of oil and gas, saving drivers about 70 cents a gallon at the pump over last Christmas.  The auto industry we rescued is on track for its strongest year since 2005.  Thanks to the Affordable Care Act, about 10 million Americans have gained health insurance in the past year alone.  And since I took office, we have cut our deficits by about two-thirds.

Meanwhile, around the world, America is leading.  We’re leading the coalition to degrade and ultimately destroy ISIL.  We’re leading the global fight to combat the Ebola outbreak in West Africa.  We’re leading global efforts to address climate change, including last month’s joint announcement with China.  We’re turning a new page in our relationship with the Cuban people.

And in less than two weeks, after more than 13 years, our combat mission in Afghanistan will be over, and our war there will come to a responsible end.  Today, more of our troops are home for the holidays than at any time in over a decade.  Still, many of our men and women in uniform will spend this Christmas in harm’s way.  And as Commander-in-Chief, I want our troops to know:  your country is united in our support and gratitude for you and your families.

The six years since the financial crisis have demanded hard work and sacrifice on everyone’s part.  But as a country, we have every right to be proud of what we’ve got to show for it.  More jobs.  More insured.  A growing economy.  Shrinking deficits.  Bustling industry.  Booming energy.

Pick any metric you want – America’s resurgence is real.  And we now have the chance to reverse the decades-long erosion of middle-class jobs and incomes.  We just have to invest in the things that we know will secure even faster growth in higher-paying jobs for more Americans.  We have to make sure our economy, our justice system, and our government work not only for a few, but for all of us.  And I look forward to working together with the new Congress next year on these priorities.

Sure, we’ll disagree on some things.  We’ll have to compromise on others.  I’ll act on my own when it’s necessary.  But I will never stop trying to make life better for people like you.

Because thanks to your efforts, a new foundation is laid.  A new future is ready to be written.  We have set the stage for a new American moment, and I’m going to spend every minute of my last two years making sure we seize it.

On behalf of the Obama family, I wish all of you a very Merry Christmas.

Thanks, and have a wonderful holiday season.

Political Musings December 20, 2014: Obama invokes Reagan in reflective and optimistic American resurgence declaration

POLITICAL MUSINGS

https://historymusings.files.wordpress.com/2013/06/pol_musings.jpg?w=600

OBAMA PRESIDENCY & THE 113TH CONGRESS:

Obama invokes Reagan in reflective and optimistic American resurgence declaration

By Bonnie K. Goodman

In the last press conference of the year on Friday afternoon, Dec. 19, 2014 at the East Room of the White House President Barack Obama kept the topics lighter and optimistic in the 50-minute presser; the theme was definitely…READ MORE

Full Text Obama Presidency December 19, 2014: President Barack Obama’s Remarks at his Year-End Press ConferenceFull Text Obama Presidency December 15, 2014: President Barack Obama’s Remarks at “Christmas in Washington” — Transcript

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 113TH CONGRESS:

Remarks by the President in Year-End Press Conference

Source: WH, 12-19-14

James S. Brady Press Briefing Room

1:53 P.M. EST

THE PRESIDENT:  Hello, everybody.  We’ve really got a full house today, huh?  Well, all I want for Christmas is to take your questions.  (Laughter.)  But first let me say a little bit about this year.

In last year’s final press conference, I said that 2014 would be a year of action and would be a breakthrough year for America.  And it has been.  Yes, there were crises that we had to tackle around the world, many that were unanticipated.  We have more work to do to make sure our economy, our justice system, and our government work not just for the few, but for the many.  But there is no doubt that we can enter into the New Year with renewed confidence that America is making significant strides where it counts.

The steps that we took early on to rescue our economy and rebuild it on a new foundation helped make 2014 the strongest year for job growth since the 1990s.  All told, over a 57-month streak, our businesses have created nearly 11 million new jobs.  Almost all the job growth that we’ve seen have been in full-time positions.  Much of the recent pickup in job growth has been in higher-paying industries.  And in a hopeful sign for middle-class families, wages are on the rise again.

Our investments in American manufacturing have helped fuel its best stretch of job growth also since the 1990s.  America is now the number-one producer of oil, the number-one producer of natural gas.  We’re saving drivers about 70 cents a gallon at the pump over last Christmas.  And effectively today, our rescue of the auto industry is officially over.  We’ve now repaid taxpayers every dime and more of what my administration committed, and the American auto industry is on track for its strongest year since 2005.  And we’ve created about half a million new jobs in the auto industry alone.

Thanks to the Affordable Care Act, about 10 million Americans have gained health insurance just this past year.  Enrollment is beginning to pick up again during the open enrollment period.  The uninsured rate is at a near record low.  Since the law passed, the price of health care has risen at its slowest rate in about 50 years.  And we’ve cut our deficits by about two-thirds since I took office, bringing them to below their 40-year average.

Meanwhile, around the world, America is leading.  We’re leading the coalition to degrade and ultimately destroy ISIL — a coalition that includes Arab partners.  We’re leading the international community to check Russian aggression in Ukraine. We are leading the global fight to combat Ebola in West Africa, and we are preventing an outbreak from taking place here at home. We’re leading efforts to address climate change, including last month’s joint announcement with China that’s already jumpstarting new progress in other countries.  We’re writing a new chapter in our leadership here in the Americas by turning a new page on our relationship with the Cuban people.

And in less than two weeks, after more than 13 years, our combat mission in Afghanistan will be over.  Today, more of our troops are home for the holidays than any time in over a decade. Still, many of our men and women in uniform will spend Christmas in harm’s way.  And they should know that the country is united in support of you and grateful not only to you but also to your families.

The six years since the crisis have demanded hard work and sacrifice on everybody’s part.  But as a country, we have every right to be proud of what we’ve accomplished — more jobs; more people insured; a growing economy; shrinking deficits; bustling industry; booming energy.  Pick any metric that you want — America’s resurgence is real.  We are better off.

I’ve always said that recovering from the crisis of 2008 was our first order of business, and on that business, America has outperformed all of our other competitors.  Over the past four years, we’ve put more people back to work than all other advanced economies combined.  We’ve now come to a point where we have the chance to reverse an even deeper problem, the decades-long erosion of middle-class jobs and incomes, and to make sure that the middle class is the engine that powers our prosperity for decades to come.

To do that, we’re going to have to make some smart choices; we’ve got to make the right choices.  We’re going to have to invest in the things that secure even faster growth in higher-paying jobs for more Americans.  And I’m being absolutely sincere when I say I want to work with this new Congress to get things done, to make those investments, to make sure the government is working better and smarter.  We’re going to disagree on some things, but there are going to be areas of agreement and we’ve got to be able to make that happen.  And that’s going to involve compromise every once in a while, and we saw during this lame duck period that perhaps that spirit of compromise may be coming to the fore.

In terms of my own job, I’m energized, I’m excited about the prospects for the next couple of years, and I’m certainly not going to be stopping for a minute in the effort to make life better for ordinary Americans.  Because, thanks to their efforts, we really do have a new foundation that’s been laid.  We are better positioned than we have been in a very long time.  A new future is ready to be written.  We’ve set the stage for this American moment.  And I’m going to spend every minute of my last two years making sure that we seize it.

My presidency is entering the fourth quarter; interesting stuff happens in the fourth quarter.  And I’m looking forward to it.  But going into the fourth quarter, you usually get a timeout.  I’m now looking forward to a quiet timeout — Christmas with my family.  So I want to wish everybody a Merry Christmas, a Happy Hanukkah, a Happy New Year.  I hope that all of you get some time to spend with your families as well, because one thing that we share is that we’re away too much from them.

And now, Josh has given me the “who’s been naughty and who’s been nice” list — (laughter) — and I’m going to use it to take some questions.  And we’re going to start with Carrie Budoff Brown of Politico.  There you go, Carrie.

Q    Thank you, Mr. President.  I’ll start on North Korea — that seems to be the biggest topic today.  What does a proportional response look like to the Sony hack?  And did Sony make the right decision in pulling the movie?  Or does that set a dangerous precedent when faced with this kind of situation?

THE PRESIDENT:  Well, let me address the second question first.  Sony is a corporation.  It suffered significant damage.  There were threats against its employees.  I am sympathetic to the concerns that they faced.  Having said all that, yes, I think they made a mistake.

In this interconnected, digital world, there are going to be opportunities for hackers to engage in cyber assaults both in the private sector and the public sector.  Now, our first order of business is making sure that we do everything to harden sites and prevent those kinds of attacks from taking place.  When I came into office, I stood up a cybersecurity interagency team to look at everything that we could at the government level to prevent these kinds of attacks.  We’ve been coordinating with the private sector, but a lot more needs to be done.  We’re not even close to where we need to be.

And one of the things in the New Year that I hope Congress is prepared to work with us on is strong cybersecurity laws that allow for information-sharing across private sector platforms, as well as the public sector, so that we are incorporating best practices and preventing these attacks from happening in the first place.

But even as we get better, the hackers are going to get better, too.  Some of them are going to be state actors; some of them are going to be non-state actors.  All of them are going to be sophisticated and many of them can do some damage.

We cannot have a society in which some dictator someplace can start imposing censorship here in the United States.  Because if somebody is able to intimidate folks out of releasing a satirical movie, imagine what they start doing when they see a documentary that they don’t like, or news reports that they don’t like.  Or even worse, imagine if producers and distributors and others start engaging in self-censorship because they don’t want to offend the sensibilities of somebody whose sensibilities probably need to be offended.

So that’s not who we are.  That’s not what America is about.
Again, I’m sympathetic that Sony as a private company was worried about liabilities, and this and that and the other.  I wish they had spoken to me first.  I would have told them, do not get into a pattern in which you’re intimidated by these kinds of criminal attacks.  Imagine if, instead of it being a cyber-threat, somebody had broken into their offices and destroyed a bunch of computers and stolen disks.  Is that what it takes for suddenly you to pull the plug on something?

So we’ll engage with not just the film industry, but the news industry and the private sector around these issues.  We already have.  We will continue to do so.  But I think all of us have to anticipate occasionally there are going to be breaches like this.  They’re going to be costly.  They’re going to be serious.  We take them with the utmost seriousness.  But we can’t start changing our patterns of behavior any more than we stop going to a football game because there might be the possibility of a terrorist attack; any more than Boston didn’t run its marathon this year because of the possibility that somebody might try to cause harm.  So let’s not get into that way of doing business.

Q    Can you just say what the response would be to this attack?  Wwould you consider taking some sort of symbolic step like watching the movie yourself or doing some sort of screening here that —

THE PRESIDENT:  I’ve got a long list of movies I’m going to be watching.  (Laughter.)

Q    Will this be one of them?

THE PRESIDENT:  I never release my full movie list.

But let’s talk of the specifics of what we now know.  The FBI announced today and we can confirm that North Korea engaged in this attack.  I think it says something interesting about North Korea that they decided to have the state mount an all-out assault on a movie studio because of a satirical movie starring Seth Rogen and James Flacco [Franco].  (Laughter.)  I love Seth and I love James, but the notion that that was a threat to them I think gives you some sense of the kind of regime we’re talking about here.

They caused a lot of damage, and we will respond.  We will respond proportionally, and we’ll respond in a place and time and manner that we choose.  It’s not something that I will announce here today at a press conference.

More broadly, though, this points to the need for us to work with the international community to start setting up some very clear rules of the road in terms of how the Internet and cyber operates.  Right now, it’s sort of the Wild West.  And part of the problem is, is you’ve got weak states that can engage in these kinds of attacks, you’ve got non-state actors that can do enormous damage.  That’s part of what makes this issue of cybersecurity so urgent.

Again, this is part of the reason why it’s going to be so important for Congress to work with us and get a actual bill passed that allows for the kind of information-sharing we need.  Because if we don’t put in place the kind of architecture that can prevent these attacks from taking place, this is not just going to be affecting movies, this is going to be affecting our entire economy in ways that are extraordinarily significant.

And, by the way, I hear you’re moving to Europe.  Where you going to be?

Q    Brussels.

THE PRESIDENT:  Brussels.

Q    Yes.  Helping Politico start a new publication.

THE PRESIDENT:  Well, congratulations.

Q    I’ve been covering you since the beginning.

THE PRESIDENT:  Well, I think —

Q    It’s been a long road for the both of us.

THE PRESIDENT:  I think there’s no doubt that what Belgium needs is a version of Politico.  (Laughter.)

Q    I’ll take that as an endorsement.

THE PRESIDENT:  The waffles are delicious there, by the way.
Cheryl Bolen.  You’ve been naughty.  (Laughter.)  Cheryl, go ahead.

Q    Thank you, Mr. President.  Looking ahead to your work with Congress next year, you’ve mentioned as an area of possible compromise tax reform.  And so I am wondering, do you see a Republican Congress as presenting a better opportunity for actually getting tax reform next year?  Will you be putting out a new proposal?  Are you willing to consider both individual and corporate side of the tax ledger there?  And also, are you still concerned about corporate inversions?

THE PRESIDENT:  I think an all-Democratic Congress would have provided an even better opportunity for tax reform.  But I think, talking to Speaker Boehner and Leader McConnell that they are serious about wanting to get some things done.  The tax area is one area where we can get things done.  And I think in the coming weeks leading up to the State of Union, there will be some conversations at the staff levels about what principles each side are looking at.

I can tell you broadly what I’d like to see.  I’d like to see more simplicity in the system.  I’d like to see more fairness in the system.  With respect to the corporate tax reform issue, we know that there are companies that are paying the full freight — 35 percent — higher than just about any other company on Earth, if you’re paying 35 percent, and then there are other companies that are paying zero because they’ve got better accountants or lawyers.  That’s not fair.

There are companies that are parking money outside the country because of tax avoidance.  We think that it’s important that everybody pays something if, in fact, they are effectively headquartered in the United States.  In terms of corporate inversion, those are situations where companies really are headquartered here but, on paper, switch their headquarters to see if they can avoid paying their fair share of taxes.  I think that needs to be fixed.

So, fairness, everybody paying their fair share, everybody taking responsibility I think is going to be very important.

Some of those principles I’ve heard Republicans say they share.  How we do that — the devil is in the details.  And I’ll be interested in seeing what they want to move forward.  I’m going to make sure that we put forward some pretty specific proposals building on what we’ve already put forward.

One other element of this that I think is important is — and I’ve been on this hobby horse now for six years.  (Audience member sneezes.)  Bless you.  We’ve got a lot of infrastructure we’ve got to rebuild in this country if we’re going to be competitive — roads, bridges, ports, airports, electrical grids, water systems, sewage systems.  We are way behind.

And early on we indicated that there is a way of us potentially doing corporate tax reform, lowering rates, eliminating loopholes so everybody is paying their fair share, and during that transition also providing a mechanism where we can get some infrastructure built.  I’d like to see us work on that issue as well.  Historically, obviously, infrastructure has not been a Democratic or a Republican issue, and I’d like to see if we can return to that tradition.

Julie Pace.

Q    Thank you, Mr. President.  I wanted to ask about Cuba. What would you say to dissidents or democracy advocates inside Cuba who fear that the policy changes you announced this week could give the Castro regime economic benefits without having to address human rights or their political system?  When your administration was lifting sanctions on Myanmar you sought commitments of reform.  Why not do the same with Cuba?

And if I could just follow up on North Korea.  Do you have any indication that North Korea was acting in conjunction with another country, perhaps China?

THE PRESIDENT:  We’ve got no indication that North Korea was acting in conjunction with another country.

With respect to Cuba, we are glad that the Cuban government have released slightly over 50 dissidents; that they are going to be allowing the International Committee of the Red Cross and the United Nations human rights agencies to operate more freely inside of Cuba and monitor what is taking place.

I share the concerns of dissidents there and human rights activists that this is still a regime that represses its people. And as I said when I made the announcement, I don’t anticipate overnight changes, but what I know deep in my bones is that if you’ve done the same thing for 50 years and nothing has changed, you should try something different if you want a different outcome.

And this gives us an opportunity for a different outcome, because suddenly Cuba is open to the world in ways that it has not been before.  It’s open to Americans traveling there in ways that it hasn’t been before.  It’s open to church groups visiting their fellow believers inside of Cuba in ways they haven’t been before.  It offers the prospect of telecommunications and the Internet being more widely available in Cuba in ways that it hasn’t been before.

And over time, that chips away at this hermetically sealed society, and I believe offers the best prospect then of leading to greater freedom, greater self-determination on the part of the Cuban people.

I think it will happen in fits and starts.  But through engagement, we have a better chance of bringing about change then we would have otherwise.

Q    Do you have a goal for where you see Cuba being at the end of your presidency?

THE PRESIDENT:  I think it would be unrealistic for me to map out exactly where Cuba will be.  But change is going to come to Cuba.  It has to.  They’ve got an economy that doesn’t work.  They’ve been reliant for years first on subsidies from the Soviet Union, then on subsidies from Venezuela.  Those can’t be sustained.  And the more the Cuban people see what’s possible, the more interested they are going to be in change.

But how societies change is country-specific, it’s culturally specific.  It could happen fast; it could happen slower than I’d like; but it’s going to happen.  And I think this change in policy is going to advance that.

Lesley Clark.

Q    Thank you, Mr. President.  I had a number of questions on Cuba as well.  Appreciate that.  I wanted to —

THE PRESIDENT:  Do I have to write all these down?  How many are there?  (Laughter.)  “A number” sounded intimidating.

Q    As quick as I can.  As quick as I can.  I wanted to see if you got an assurances from the Cuban government that it would not revert to the same sort of — sabotage the deal, as it has in the past when past Presidents had made similar overtures to the government.

THE PRESIDENT:  Meaning?  Be specific.  What do you mean?

Q    When the Clinton administration made some overtures, they shot down planes.  They sort of had this pattern of doing provocative — provocative events.

THE PRESIDENT:  Okay, so just general provocative activity.

Q    Provocative activities any time the U.S. has sort of reached out a hand to them.  I wanted to see what is your knowledge of whether Fidel Castro — did he have any role in the talks?  When you talked to President Raul Castro, did Fidel Castro’s name come up?  Or did you ask about him?  How he’s doing?  People haven’t seen him in a while.  Given the deep opposition from some Republicans in Congress to lifting the embargo, to an embassy, to any of the changes that you’re doing, are you going to personally get involved in terms of talking to them about efforts that they want to do to block money on a new embassy?

THE PRESIDENT:  All right, Lesley, I think I’m going to cut you off here.  (Laughter.)  This is taking up a lot of time.

Q    Okay, all right.

THE PRESIDENT:  All right.  So, with respect to sabotage, I mean, my understanding of the history, for example, of the plane being shot down, it’s not clear that that was the Cuban government purposely trying to undermine overtures by the Clinton administration.  It was a tragic circumstance that ended up collapsing talks that had begun to take place.  I haven’t seen a historical record that suggests that they shot the plane down specifically in order to undermine overtures by the Clinton government.

I think it is not precedented for the President of the United States and the President of Cuba to make an announcement at the same time that they are moving towards normalizing relations.  So there hasn’t been anything like this in the past. That doesn’t meant that over the next two years we can anticipate them taking certain actions that we may end up finding deeply troubling either inside of Cuba or with respect to their foreign policy.  And that could put significant strains on the relationship.  But that’s true of a lot of countries out there where we have an embassy.  And the whole point of normalizing relations is that it gives us a greater opportunity to have influence with that government than not.

So I would be surprised if the Cuban government purposely tries to undermine what is now effectively its own policy.  I wouldn’t be surprised if they take at any given time actions that we think are a problem.  And we will be in a position to respond to whatever actions they take the same way we do with a whole range of countries around the world when they do things we think are wrong.  But the point is, is that we will be in a better position I think to actually have some influence, and there may be carrots as well as sticks that we can then apply.

The only way that Fidel’s name came up — I think I may have mentioned this in the Davie Muir article — interview that I did — was I delivered a fairly lengthy statement at the front end about how we’re looking forward to a new future in the relationship between our two countries, but that we are going to continue to press on issues of democracy and human rights, which we think are important.

My opening remarks probably took about 15 minutes, which on the phone is a pretty long time.  And at the end of that, he said, Mr. President, you’re still a young man.  Perhaps you have the — at the end of my remarks I apologized for taking such a long time, but I wanted to make sure that before we engaged in the conversation he was very clear about where I stood.  He said, oh, don’t worry about it, Mr. President, you’re still a young man and you have still the chance to break Fidel’s record — he once spoke seven hours straight.  (Laughter.)

And then, President Castro proceeded to deliver his own preliminary remarks that last at least twice as long as mine.  (Laughter.)  And then I was able to say, obviously it runs in the family.  But that was the only discussion of Fidel Castro that we had.

I sort of forgot all the other questions.  (Laughter.)

Q    I have a few more if you’re — how personally involved are you going to get in —

THE PRESIDENT:  With respect to Congress?  We cannot unilaterally bring down the embargo.  That’s codified in the Libertad Act.  And what I do think is going to happen, though, is there’s going to be a process where Congress digests it.  There are bipartisan supporters of our new approach, there are bipartisan detractors of this new approach.  People will see how the actions we take unfold.  And I think there’s going to be a healthy debate inside of Congress.

And I will certainly weigh in.  I think that ultimately we need to go ahead and pull down the embargo, which I think has been self-defeating in advancing the aims that we’re interested in.  But I don’t anticipate that that happens right away.  I think people are going to want to see how does this move forward before there’s any serious debate about whether or not we would make major shifts in the embargo.

Roberta Rampton.

Q    I want to follow on that by asking, under what conditions would you meet with President Castro in Havana?  Would you have certain preconditions that you would want to see met before doing that?  And on the hack, I know that you said that you’re not going to announce your response, but can you say whether you’re considering additional economic or financial sanctions on North Korea?  Can you rule out the use of military force or some kind of cyber hit of your own?

THE PRESIDENT:  I think I’m going to leave it where I left it, which is we just confirmed that it was North Korea; we have been working up a range of options.  They will be presented to me.  I will make a decision on those based on what I believe is proportional and appropriate to the nature of this crime.

With respect to Cuba, we’re not at a stage here where me visiting Cuba or President Castro coming to the United States is in the cards.  I don’t know how this relationship will develop over the next several years.  I’m a fairly young man so I imagine that at some point in my life I will have the opportunity to visit Cuba and enjoy interacting with the Cuban people.  But there’s nothing specific where we’re trying to target some sort of visit on my part.

Colleen McCain Nelson.

Q    Thank you, Mr. President.

THE PRESIDENT:  There you are.

Q    You spoke earlier about 2014 being a breakthrough year, and you ended the year with executive actions on Cuba and immigration and climate change.  But you didn’t make much progress this year on your legislative agenda.  And some Republican lawmakers have said they’re less inclined to work with you if you pursue executive actions so aggressively.  Are you going to continue to pursue executive actions if that creates more roadblocks for your legislative agenda?  Or have you concluded that it’s not possible to break the fever in Washington and the partisan gridlock here?

THE PRESIDENT:  I think there are real opportunities to get things done in Congress.  As I said before, I take Speaker Boehner and Mitch McConnell at their words that they want to get things done.  I think the American people would like to see us get some things done.  The question is going to be are we able to separate out those areas where we disagree and those areas where we agree.  I think there are going to be some tough fights on areas where we disagree.

If Republicans seek to take health care away from people who just got it, they will meet stiff resistance from me.  If they try to water down consumer protections that we put in place in the aftermath of the financial crisis, I will say no.  And I’m confident that I’ll be able to uphold vetoes of those types of provisions.  But on increasing American exports, on simplifying our tax system, on rebuilding our infrastructure, my hope is that we can get some things done.

I’ve never been persuaded by this argument that if it weren’t for the executive actions they would have been more productive.  There’s no evidence of that.  So I intend to continue to do what I’ve been doing, which is where I see a big problem and the opportunity to help the American people, and it is within my lawful authority to provide that help, I’m going to do it.  And I will then, side-by-side, reach out to members of Congress, reach out to Republicans, and say, let’s work together; I’d rather do it with you.

Immigration is the classic example.  I was really happy when the Senate passed a bipartisan, comprehensive immigration bill.  And I did everything I could for a year and a half to provide Republicans the space to act, and showed not only great patience, but flexibility, saying to them, look, if there are specific changes you’d like to see, we’re willing to compromise, we’re willing to be patient, we’re willing to work with you.  Ultimately it wasn’t forthcoming.

And so the question is going to be I think if executive actions on areas like minimum wage, or equal pay, or having a more sensible immigration system are important to Republicans, if they care about those issues, and the executive actions are bothering them, there is a very simple solution, and that is:  Pass bills.  And work with me to make sure I’m willing to sign those bills.

Because both sides are going to have to compromise.  On most issues, in order for their initiatives to become law, I’m going to have sign off.  And that means they have to take into account the issues that I care about, just as I’m going to have to take into account the issues that they care about.

All right.  I think this is going to be our last question.  Juliet Eilperin.  There you go.

Q    Thanks so much.  So one of the first bills that Mitch McConnell said he will send to you is one that would authorize the construction of the Keystone XL pipeline.  When you talked about this in the past, you’ve minimized the benefits and you highlighted some of the risks associated with that project.  I’m wondering if you could tell us both what you would do when faced with that bill, given the Republican majority that we’ll have in both chambers.  And also, what do you see as the benefits?  And given the precipitous drop we’ve seen in oil prices recently, does that change the calculus in terms of how it will contribute to climate change, and whether you think it makes sense to go ahead with that project?

THE PRESIDENT:  Well, I don’t think I’ve minimized the benefits, I think I’ve described the benefits.  At issue in Keystone is not American oil.  It is Canadian oil that is drawn out of tar sands in Canada.  That oil currently is being shipped out through rail or trucks, and it would save Canadian oil companies and the Canadian oil industry an enormous amount of money if they could simply pipe it all the way through the United States down to the Gulf.  Once that oil gets to the Gulf, it is then entering into the world market, and it would be sold all around the world.

So there’s no — I won’t say “no” — there is very little impact, nominal impact, on U.S. gas prices — what the average American consumer cares about — by having this pipeline come through.  And sometimes the way this gets sold is, let’s get this oil and it’s going to come here.  And the implication is, is that’s going to lower gas prices here in the United States.  It’s not.  There’s a global oil market.  It’s very good for Canadian oil companies and it’s good for the Canadian oil industry, but it’s not going to be a huge benefit to U.S. consumers.  It’s not even going to be a nominal benefit to U.S. consumers.

Now, the construction of the pipeline itself will create probably a couple thousand jobs.  Those are temporary jobs until the construction actually happens.  There’s probably some additional jobs that can be created in the refining process down in the Gulf.  Those aren’t completely insignificant — it’s just like any other project.  But when you consider what we could be doing if we were rebuilding our roads and bridges around the country — something that Congress could authorize — we could probably create hundreds of thousands of jobs, or a million jobs. So if that’s the argument, there are a lot more direct ways to create well-paying Americans construction jobs.

And then, with respect to the cost, all I’ve said is that I want to make sure that if, in fact, this project goes forward, that it’s not adding to the problem of climate change, which I think is very serious and does impose serious costs on the American people — some of them long term, but significant costs nonetheless.  If we’ve got more flooding, more wildfires, more drought, there are direct economic impacts on that.

And as we’re now rebuilding after Sandy, for example, we’re having to consider how do we increase preparedness in how we structure infrastructure and housing, and so forth, along the Jersey Shore.  That’s an example of the kind of costs that are imposed, and you can put a dollar figure on it.

So, in terms of process, you’ve got a Nebraska judge that’s still determining whether or not the new path for this pipeline is appropriate.  Once that is resolved, then the State Department will have all the information it needs to make its decision.

But I’ve just tried to give this perspective, because I think that there’s been this tendency to really hype this thing as some magic formula to what ails the U.S. economy, and it’s hard to see on paper where exactly they’re getting that information from.

In terms of oil prices and how it impacts the decision, I think that it won’t have a significant impact except perhaps in the minds of folks — when gas prices are lower, maybe they’re less susceptible to the argument that this is the answer to lowering gas prices.  But it was never going to be the answer to lowering gas prices, because the oil that would be piped through the Keystone pipeline would go into the world market.  And that’s what determines oil prices, ultimately.

Q    And in terms of Congress forcing your hand on this, is this something where you clearly say you’re not going to let Congress force your hand on whether to approve or disapprove of this?

THE PRESIDENT:  I’ll see what they do.  We’ll take that up in the New Year.

Q    Any New Year’s resolutions?

THE PRESIDENT:  I’ll ask — April, go ahead.

Q    Thank you, Mr. President.  Last question, I guess.  (Laughter.)  Six years ago this month, I asked you what was the state of black America in the Oval Office, and you said it was the “the best of times and the worst of times.”  You said it was the best of times in the sense that there was — has never been more opportunity for African Americans to receive a good education, and the worst of times for unemployment and the lack of opportunity.  We’re ending 2014.  What is the state of black America as we talk about those issues as well as racial issues in this country?

THE PRESIDENT:  Like the rest of America, black America in the aggregate is better off now than it was when I came into office.  The jobs that have been created, the people who’ve gotten health insurance, the housing equity that’s been recovered, the 401 pensions that have been recovered — a lot of those folks are African American.  They’re better off than they were.

The gap between income and wealth of white and black America persists.  And we’ve got more work to do on that front.  I’ve been consistent in saying that this is a legacy of a troubled racial past of Jim Crow and slavery.  That’s not an excuse for black folks.  And I think the overwhelming majority of black people understand it’s not an excuse.  They’re working hard. They’re out there hustling and trying to get an education, trying to send their kids to college.  But they’re starting behind, oftentimes, in the race.

And what’s true for all Americans is we should be willing to provide people a hand up — not a handout, but help folks get that good early childhood education, help them graduate from high school, help them afford college.  If they do, they’re going to be able to succeed, and that’s going to be good for all of us.

And we’ve seen some progress.  The education reforms that we’ve initiated are showing measurable results.  We have the highest high school graduation that we’ve seen in a very long time.  We are seeing record numbers of young people attending college.  In many states that have initiated reforms, you’re seeing progress in math scores and reading scores for African American and Latino students as well as the broader population.  But we’ve still got more work to go.

Now, obviously, how we’re thinking about race relations right now has been colored by Ferguson, the Garner case in New York, a growing awareness in the broader population of what I think many communities of color have understood for some time, and that is that there are specific instances at least where law enforcement doesn’t feel as if it’s being applied in a colorblind fashion.

The task force that I formed is supposed to report back to me in 90 days — not with a bunch of abstract musings about race relations, but some really concrete, practical things that police departments and law enforcement agencies can begin implementing right now to rebuild trust between communities of color and the police department.

And my intention is to, as soon as I get those recommendations, to start implementing them.  Some of them we’ll be able to do through executive action.  Some of them will require congressional action.  Some of them will require action on the part of states and local jurisdictions.

But I actually think it’s been a healthy conversation that we’ve had.  These are not new phenomenon.  The fact that they’re now surfacing, in part because people are able to film what have just been, in the past, stories passed on around a kitchen table, allows people to make their own assessments and evaluations.  And you’re not going to solve a problem if it’s not being talked about.

In the meantime, we’ve been moving forward on criminal justice reform issues more broadly.  One of the things I didn’t talk about in my opening statement is the fact that last year was the first time in 40 years where we had the federal prison population go down and the crime rate go down at the same time, which indicates the degree to which it’s possible for us to think smarter about who we’re incarcerating, how long we’re incarcerating, how are we dealing with nonviolent offenders, how are we dealing with drug offenses, diversion programs, drug courts.  We can do a better job of — and save money in the process by initiating some of these reforms.  And I’ve been really pleased to see that we’ve had Republicans and Democrats in Congress who are interested in these issues as well.

The one thing I will say — and this is going to be the last thing I say — is that one of the great things about this job is you get to know the American people.  I mean, you meet folks from every walk of life and every region of the country, and every race and every faith.  And what I don’t think is always captured in our political debates is the vast majority of people are just trying to do the right thing, and people are basically good and have good intentions.  Sometimes our institutions and our systems don’t work as well as they should.  Sometimes you’ve got a police department that has gotten into bad habits over a period of time and hasn’t maybe surfaced some hidden biases that we all carry around.  But if you offer practical solutions, I think people want to fix these problems.  It’s not — this isn’t a situation where people feel good seeing somebody choked and dying.  I think that troubles everybody.  So there’s an opportunity of all of us to come together and to take a practical approach to these problems.

And I guess that’s my general theme for the end of the year — which is we’ve gone through difficult times.  It is your job, press corps, to report on all the mistakes that are made and all the bad things that happen and the crises that look like they’re popping.  And I understand that.  But through persistent effort and faith in the American people, things get better.  The economy has gotten better.  Our ability to generate clean energy has gotten better.  We know more about how to educate our kids.  We solved problems.  Ebola is a real crisis; you get a mistake in the first case because it’s not something that’s been seen before — we fix it.  You have some unaccompanied children who spike at a border, and it may not get fixed in the time frame of the news cycle, but it gets fixed.

And part of what I hope as we reflect on the New Year this should generate is some confidence.  America knows how to solve problems.  And when we work together, we can’t be stopped.

And now I’m going to go on vacation.  Mele Kalikimaka, everybody.  (Laughter.)  Mahalo.  Thank you, everybody.

END
2:45 P.M. EST

Political Musings December 13, 2014: Senate passes $1.1 trillion spending bill after Ted Cruz forced Saturday session

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

Senate passes $1.1 trillion spending bill after Ted Cruz forced Saturday session

By Bonnie K. Goodman

After being pushed into a rare Saturday session on Dec. 13, 2014, the Senate passed with a vote of 56 to 40 the large 1.1 trillion-dollar CRomnibus spending bill for the rest of the 2015 fiscal year, late…READ MORE

Political Musings December 11, 2014: Government shutdown averted: House passes spending bill after Democrats, Pelosi protest

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

Shutdown averted: House passes spending bill after Democrats, Pelosi protest

By Bonnie K. Goodman

A government shutdown was just averted as the House of Representatives voted Thursday evening, Dec. 11, 2014 with just a few hours left to the midnight deadline to pass a 1.1 trillion dollar spending bill called CRomnibus with…READ MORE

 

 

Political Musings December 11, 2014: Boehner’s spokesman Michael Steel curses calls journalists’ questions horsesh*t

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

Boehner’s spokesman Michael Steel curses calls journalists’ questions horsesh*t

By Bonnie K. Goodman

Speaker of the House of Representatives John Boehner is probably considering replacing his spokesman after he had a meltdown in front of the press during a briefing. On Wednesday, Dec. 10, 2014 after the speaker spoke to the press about…READ MORE

Political Musings December 7, 2014: Heller says lame duck Congress will not vote on unemployment benefits extension

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

Heller says lame duck Congress will not vote on unemployment benefits extension

By Bonnie K. Goodman

As the lame duck, 113th Congress enters its last few days trying to complete all its unfinished business, one bill it will not be trying to pass is the long-term unemployment benefits extension. It is not as if the…READ MORE

Political Musings November 7, 2014: Boehner warns Obama he would be “burned” for immigration reform executive action

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

Boehner warns Obama he would be “burned” for immigration reform executive action

By Bonnie K. Goodman

Speaker of the House John Boehner, R-OH on Thursday, Nov. 6, 2014 had his turn to speak out on the Republican Party regaining control and adding more seats to the Republican majority in the House. The real focus however…READ MORE

Political Musings October 31, 2014: Obama celebrates Halloween with devilish cake, White House trick-or-treat party

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

President Barack Obama along with First Lady Michelle Obama on Friday, Oct. 31, 2014 hosted trick-or-treaters at the White House, the treats however, were not as health conscious as the First Lady usually advocates. President Obama was so…READ MORE

Political Musings October 28, 2014: Obama, Labor Department boosting unemployment extension by raising benefits

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

Obama, Labor Department boosting unemployment extension by raising benefits

By Bonnie K. Goodman

The United States Department of Labor (DOL) has decided to take matters in their hand, and they are intending to raise unemployment benefits for states with higher unemployment. The Labor Department’s Employment and Training Administration (NPRM) announced by…READ MORE

 

 

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

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

OP-EDS & ARTICLES

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

By Bonnie K. Goodman

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

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

POLITICAL TRANSCRIPTS


OBAMA PRESIDENCY & THE 113TH CONGRESS:

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

Source: WH, 10-11-14

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

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

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

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

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

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

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

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

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

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

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

Thanks, and have a great weekend.

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

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

OP-EDS & ARTICLES

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

By Bonnie K. Goodman

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

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

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

OP-EDS & ARTICLES

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

By Bonnie K. Goodman

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

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

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

OP-EDS & ARTICLES

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

By Bonnie K. Goodman

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

Full Text Obama Presidency October 4, 2014: President Barack Obama’s Weekly Address: We Do Better When the Middle Class Does Better — Transcript

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 113TH CONGRESS:

Weekly Address: We Do Better When the Middle Class Does Better

Source: WH, 10-4-14 

WASHINGTON, DC — In this week’s address, the President highlighted that six years after the Great Recession, thanks to the hard work of the American people and the President’s policies, our economy has come back further and faster than any other nation on Earth. With 10.3 million private sector jobs added over 55 straight months, America’s businesses have extended the longest streak of private-sector job gains on record. But even with this progress, too many Americans have yet to feel the benefits. The President reiterated the vision he set out earlier this week for steps that can lay a new foundation for stronger growth, rising wages, and expanded economic opportunity for middle class families. 

Remarks of President Barack Obama
Weekly Address
Princeton, Indiana
October 4, 2014

Hi, everybody.  I’m at Millennium Steel in Princeton, Indiana, to have a town hall with workers on National Manufacturing Day.  Because in many ways, manufacturing is the quintessential middle-class job.  And after a decade of losing jobs, American manufacturing is once again adding them – more than 700,000 over the past four and a half years.

In fact, it’s been a bright spot as we keep fighting to recover from the great recession.  Last month, our businesses added 236,000 new jobs.  The unemployment rate fell to under six percent for the first time in more than six years.  Over the past 55 months, our businesses have added 10.3 million new jobs.  That’s the longest uninterrupted stretch of private sector job creation in our history.  And we’re on pace to make 2014 the strongest year of job growth since the 1990s.

This progress has been hard, but it has been steady, and it is real.  It is a direct result of the American people’s drive and determination, and decisions made by my administration.

During the last decade, people thought the decline in American manufacturing was inevitable.  But we chose to invest in American auto industry and American workers. And today, an auto industry that was flatlining six years ago is building and selling new cars at the fastest pace in eight years.  American manufacturing is growing almost twice as fast as the rest of the economy, with new factories opening their doors at the fastest pace in decades.  That’s progress we can be proud of.

What’s also true is that too many families still work too many hours with too little to show for it.  And the much longer and profound erosion of middle-class jobs and incomes isn’t something we’re going to reverse overnight.  But there are ideas we should be putting into place that would grow jobs and wages faster right now.  And one of the best would be to raise the minimum wage.

We’ve actually begun to see some modest wage growth in recent months.  But most folks still haven’t seen a raise in over a decade.  It’s time to stop punishing some of the hardest-working Americans.  It’s time to raise the minimum wage.  It would put more money in workers’ pockets.  It would help 28 million Americans.  Recent surveys show that a majority of small business owners support a gradual increase to ten dollars and ten cents an hour.  The folks who keep blocking a minimum wage increase are running out of excuses.  Let’s give America a raise.

Let’s do this – because it would make our economy stronger, and make sure that growth is shared.  Rather than just reading about our recovery in a headline, more people will feel it in their own lives.  And that’s when America does best.  We do better when the middle class does better, and when more Americans have their way to climb into the middle class.

And that’s what drives me every single day.  Thanks, and have a great weekend.

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

POLITICAL TRANSCRIPTS

OBAMA PRESIDENCY & THE 113TH CONGRESS:

Remarks by the President at a Town Hall on Manufacturing

Source: WH, 10-3-14 

Millennium Steel
Princeton, Indiana

2:17 P.M. CDT

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

All right? (Applause.)

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

This young man right here.

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

THE PRESIDENT: Excellent.

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

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

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

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

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

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

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

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

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

All right. Young lady right here.

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

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

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

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

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

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

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

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

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

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

All right? Yes.

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

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

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

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

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

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

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

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

All right. Young lady right here in the jacket.

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

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

Q Thank you.

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

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

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

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

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

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

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

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

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

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

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

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

THE PRESIDENT: That is correct.

Q So happy anniversary to you and Michelle.

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

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

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

THE PRESIDENT: Yay, Indiana State!

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

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

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

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

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

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

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

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

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

Great question.

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

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

THE PRESIDENT: Thank you.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

END
P.M. CDT

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