State of the Union Addresses of Barack Obama, 2009-2016Obama, Barack
General
State of the Union Addresses of Barack Obama, 2009-2016
Obama, Barack
Presidents -- United States -- Messages; United States -- Politics and government -- Sources
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 50 years. This is good news, people. [Laughter]
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 to fix a broken system. And if a
bill comes to my desk that tries to do any of these things, I will veto
it. It will have earned 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
screw things up--[laughter]--that 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 they've had to forego vacations and a new
car so that they can pay off student loans and save for retirement.
Friday night pizza, that's a big splurge. 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 hard-working Americans,
Rebekah isn't asking for a handout, but she is asking that we look for
more ways to help families get ahead.
And 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, 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 efforts and their dreams 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,
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.
Public-domain text, read in full here on John Shaqi.
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