Full Text January 7, 2012: President Barack Obama’s Weekly Address Discusses Continuing Economic Growth in the New Year

POLITICAL SPEECHES & DOCUMENTS

OBAMA PRESIDENCY & THE 112TH CONGRESS:

President Barack Obama tapes the Weekly Address President Barack Obama tapes the weekly address in the East Room of the White House, White House Photo, Chuck Kennedy, 1/6/12

Weekly Address: Continuing to Grow the Economy in the New Year

Source: WH, 1-7-12
President Obama shares his New Year’s resolution: doing whatever it takes to move the economy forward and ensure that middle class families regain the security they’ve lost in the last decade.

Transcript | Download mp4 | Download mp3

POLITICAL QUOTES & SPEECHES

WEEKLY ADDRESS: Continuing to Grow the Economy in the New Year

WASHINGTON, DC—In this week’s address, President Obama shared his New Year’s resolution with the American people: to do whatever it takes to move the economy forward and make sure that middle class families regain the security they’ve lost in the last decade.  This is why the President appointed Richard Cordray this week to lead the Consumer Financial Protection Bureau to protect American consumers. And while we learned that the United States economy continues to add private sector jobs – with over 1.9 million created in 2011 – more needs to be done to move the economy forward. The President will also announce in this week’s address that he will host an “Insourcing American Jobs” forum at the White House on Wednesday to hear from business leaders who are bringing jobs back home and see how we can get others to follow their lead.

Remarks of President Barack Obama
Weekly Address
The White House
Saturday, January 7, 2012

Hello, everybody.

This week, I traveled to Cleveland, Ohio, to talk with folks about the biggest challenge we face as a country – rebuilding our economy so that, once again, hard work pays off, responsibility is rewarded, and anyone, regardless of who they are or where they come from, can make it if they try.  That’s the economy America deserves.  That’s the economy I’m fighting every day to build.

Now, to get there, the most important thing we need to do is get more Americans back to work.  And over the past three years, we’ve made steady progress.  We just learned that our economy added 212,000 private sector jobs in December.  After losing more than 8 million jobs in the recession, we’ve added more than 3 million private sector jobs over the past 22 months.  And we’re starting 2012 with manufacturing on the rise and the American auto industry on the mend.

We’re heading in the rightdirection.  And we’re not going to let up.  On Wednesday the White House will host a forum called “Insourcing American Jobs.”  We’ll hear from business leaders who are bringing jobs back home and see how we can help other businesses follow their lead.

Because this is a make or break moment for the middle class and all those working to get there.  We’ve got to keep at it. We’ve got to keep creating jobs.  And we’ve got to keep rebuilding our economy so that everyone gets a fair shot, everyone does their fair share – and everyone plays by the same rules.  We can’t go back to the days when the financial system was stacking the deck against ordinary Americans.  To me, that’s not an option. Not after all we’ve been through.

That’s why I appointed Richard Cordray as our nation’s new consumer watchdog this week.  Richard’s job is simple: to look out for you.  Every day, his sole mission is to protect consumers from potential abuses by the financial industry and to make sure that you’ve got all the transparent information you need to make the important financial decisions in your lives.

I nominated Richard for this job last summer.  And yet, Republicans in the Senate kept blocking his confirmation – not because they objected to him, but because they wanted to weaken his agency.  That made no sense. Every day we waited was a day you and consumers all across the country were at greater financial risk.

So this year, I’m going to keep doing whatever it takes to move this economy forward and to make sure that middle class families regain the security they’ve lost over the past decade.  That’s my New Year’s resolution to all of you.  Thank you, and have a great weekend.

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White House Recap December 31, 2011 – January 6, 2012: The Obama Presidency’s Weekly Recap — President Obama Appoints Richard Cordray Head of Consumer Financial Protection Bureau

WHITE HOUSE RECAP

WHITE HOUSE RECAP: DECEMBER 31, 2011-JANUARY 6, 2012

The President appointed Richard Cordray to lead the Consumer Financial Protection Bureau, spoke on a comprehensive review of our defense strategy, and the White House staff shared its New Year’s resolutions.

West Wing Week

 

Weekly Wrap Up: Protecting Consumers

Source: WH, 1-6-12

Consumer Watchdog: After appointing Richard Cordray to lead the Consumer Financial Protection Bureau earlier this week, the President traveled to Shaker Heights, Ohio to talk about his decision— and the fight to help secure a better future for the middle class. The CFPB is in place to ensure  the integrity of the financial system and protect all American consumers from fraud and unfair play. The President said: “See, most people in the financial services industry do the right thing, but they’re at a disadvantage if nobody is enforcing the rules. We can’t let that happen. Now is not the time to play politics while people’s livelihoods are at stake. Now is the time to do everything we can to protect consumers, prevent financial crises like the one that we’ve been through from ever happening again. That starts with letting Richard do his job.”

Jobs for Youth: ‘We Can’t Wait’ to help young Americans find jobs. The President announced Summer Jobs+, a new initiative that will create internship and job opportunities for America’s young people. It calls for businesses, non-profits and government to work together to provide pathways to employment for low-income and disconnected youth in the summer of 2012.  Employers are still signing on to commit jobs to the Summer Jobs+ Bank, a one-stop search tool for youth to access postings from participating employers that is targeted to launch in 60 days.

Military Strategy: The President spoke at the Pentagon Thursday to outline a new global military strategy— moving away from the expansive wars in Iraq and Afghanistan and toward a different posture that emphasizes a new focus for the future. He also reminded us of our duty here at home – to ensure that our troops returning from war receive the care and benefits they deserve. He Said: “We’re also going to keep faith with those who serve, by making sure our troops have the equipment and capabilities they need to succeed, and by prioritizing efforts that focus on wounded warriors, mental health and the well-being of our military families. And as our newest veterans rejoin civilian life, we’ll keep working to give our veterans the care, the benefits and job opportunities that they deserve and that they have earned.”

Year in Photos: From his trip to Ireland to Sasha Obama’s basketball game, the White House photographers have captured it all.  Don’t miss some of the most memorable moments from 2011. Check out the slideshow.

Full Text December 31, 2011: President Barack Obama’s Weekly Address on Working Together to Create Jobs & Grow the Economy in the New Year

POLITICAL SPEECHES & DOCUMENTS

OBAMA PRESIDENCY & THE 112TH CONGRESS:

President Barack Obama tapes the Weekly Address President Barack Obama tapes the weekly address in Kailua, Hawaii, White House Photo, Pete Souza, 12/29/11

President Obama tells the American people that, by joining together, we can move past the tough debates and help to create jobs and grow the economy in the new year.

Weekly Address: Working Together in the New Year

Source: WH, 12-31-11
President Obama tells the American people that, by joining together, we can move past the tough debates and help to create jobs and grow the economy in the new year.

Transcript | Download mp4 | Download mp3

POLITICAL QUOTES & SPEECHES

WEEKLY ADDRESS: Working Together in the New Year to Move America Forward

In his weekly address, President Obama told the American people that although there will be tough debates to come in the new year, by joining together, we can continue to help grow the economy and create jobs across the country.  President Obama will keep working to ensure that everyone has a fair shot and does their fair share, and as we enter into 2012, all Americans should remind Washington of what is at stake for the middle class.  By adding their voices to the debate, Americans have already proven that they can make a difference, and in the new year, we can continue to work together to put the country first and help every American find the opportunities they deserve.

The audio of the address and video of the address will be available online at www.whitehouse.gov at 6:00 a.m. ET, Saturday, December 31, 2011.

Remarks of President Barack Obama
Weekly Address
Honolulu, HI
Saturday, December 31, 2011

Hello, everybody.  As 2011 comes to an end and we look ahead to 2012, I want to wish everyone a happy and healthy New Year.

The last year has been a time of great challenge and great progress for our country.  We ended one war and began to wind down another.  We dealt a crippling blow to al-Qaeda and made America more secure.  We stood by our friends and allies around the world through natural disasters and revolutions.  And we began to see signs of economic recovery here at home, even as too many Americans are still struggling to get ahead.

There’s no doubt that 2012 will bring even more change.  And as we head into the New Year, I’m hopeful that we have what it takes to face that change and come out even stronger – to grow our economy, create more jobs, and strengthen the middle class.

I’m hopeful because of what we saw right before Christmas, when Members of Congress came together to prevent a tax hike for 160 million Americans – saving a typical family about $40 in every paycheck.  They also made sure Americans looking for work won’t see their unemployment insurance cut off.  And I expect Congress to finish the job by extending these provisions through the end of 2012.

It was good to see Members of Congress do the right thing for millions of working Americans.  But it was only possible because you added your voices to the debate.  Through email and Twitter and over the phone, you let your representatives know what was at stake.  Your lives.  Your families.  Your well-being.  You had the courage to believe that your voices could make a difference.  And at the end of the day, they made all the difference.

More than anything else, you are the ones who make me hopeful about 2012.  Because we’ve got some difficult debates and some tough fights to come.  As I’ve said before, we are at a make-or-break moment for the middle class.  And in many ways, the actions we take in the months ahead will help determine what kind of country we want to be, and what kind of world we want our children and grandchildren to grow up in.

As President, I promise to do everything I can to make America a place where hard work and responsibility are rewarded – one where everyone has a fair shot and everyone does their fair share.  That’s the America I believe in.  That’s the America we’ve always known.  And I’m confident that if we work together, and if you keep reminding folks in Washington what’s at stake, then we will move this country forward and guarantee every American the opportunities they deserve.

Thanks for watching, and from Michelle, Malia, Sasha, Bo and myself, Happy New Year.

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