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. (True, although the prices have dropped, which could hurt our independence in that field)
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. (Paying people out of the increased taxes that they're taking from those people. Clever, subtle)
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. (Is that a sign of increased intelligence or decreased expectations? I'm sure that plenty of people are smart, but I don't think that that was a specific enough statement)
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. (Where does he get that info? Is it because his policies that these came about?
How long will this last? Is this short-termed gratification, or long-term planning?)
How long will this last? Is this short-termed gratification, or long-term planning?)
So
the verdict is clear. Middle-class economics works. (True). Expanding
opportunity works. (Not necessarily from the government). 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. (If the government weren't tied up in these aspects of the nation, then inefficiencies in the government wouldn't effect them.). 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. (Wall Street Journal actually affirms that middle-class economics is a very vague term, with not a lot of meaning) 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. (How is he going to do that? Make magical money and cause inflation?)
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. (see Hitler's policies before WWII in Austria)
That's all I can take for now.
If you don't like my comments, feel free to read the original State of the Union Address, and make your own judgments (which I hope you'll do anyway). My main goal with this post is to help you ask questions about statements (including mine!!), and not just take them for face value.


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