The White House

Office of the Press Secretary

Remarks by the President at a Campaign Event

ABC Kitchen
New York, New York

6:04 P.M. EST

THE PRESIDENT:  (In progress.)  First of all, your outstanding congresswoman of this district, Carolyn Maloney, is here, and we want to give her a big round of applause.  (Applause.)  And my understanding is we also have the chairman of our convention effort in Charlotte, North Carolina, Jim Rogers.  Where’s Jim?  (Applause.)  Where is he?  Jim Rogers, right here.  (Applause.)  Thank you, Jim.  Here is working hard to make sure that is a good event and we’re going to make sure that North Carolina is blue again.  (Applause.)

So I’m not going to be long at the top.  I’m just going to make a few brief remarks, and then what I want to do is save as much time as possible for us to have a conversation and to take questions.

Four years ago, we were losing 800,000 jobs a month; last month, we gained 250,000 jobs.  (Applause.)  Three years ago, the banking system had frozen up completely; today, credit is flowing again.  Three years ago, the auto industry was on the verge of liquidation; today, GM not only is the number-one automaker in the world again, but also saw the highest profits in its entire history.  Over the last two years, we’ve created 3.7 million jobs in the private sector.  Manufacturing is the strongest it’s been since the 1990s. 

None of this argues that we’re out of the woods.  Many of you are in business and you know better than I do that there are a lot of folks out there who are still having a tough time.  There are a lot of small businesses that still have trouble getting credit.  The unemployment rate remains too high.  We still have enormous challenges to make sure that we are the most competitive, most productive economy in the world in the 21st century.  But the trend lines are good.  The economy is stronger, we are more productive, and we are poised to be able to take advantage of a moment where all the things that we're good at -- innovation, dynamism, entrepreneurship -- all those things are going to be at a greater premium than ever before. 

And the question then becomes, do we continue down the path that allows us to compete and create good jobs with good wages, and ensures that the essence of the American Dream -- which is everybody gets a fair shot, no matter where you come from, no matter what you look like; if you work hard and you've got a good idea, you're able to succeed; that everybody does their fair share so that, in addition to this incredible individualism and enterprise that we rightly are proud of, we also are looking out for one another; and everybody is playing by the same set of rules, that the notion of fair play exists in all sectors of our economy -- the question is, is that going to be the vision that guides us over the next 10, 20, 50 years?  Or are we going to pursue a vision that says it's okay for a few of us to do really well while the rest of America is struggling? 

And this election is going to give us a starker choice than we have had in my lifetime.  Now, if you agree with me that it's good for all of us to ensure everybody has a fair shot, everybody is doing their fair share and fair play reigns, then that has to translate into some concrete policy.  It means that we continue to make investments in education, and we follow the path that we've been following over the last three years, which is, yes, we put more money into education, but we also demand more reform. 

It means we continue to make investments in American-made energy.  But that doesn’t just include oil production and gas production -- as much as we're promoting that.  It also includes us preparing for the future by investing in clean energy.

It means we're investing in science and technology, recognizing that that’s how we got here -- was we invented more stuff, and operationalized it and commercialized it better than anybody else in the world.  And the federal government, historically, has had a role in that.  It means we rebuild our infrastructure so that we can compete and move goods and services around the world better than anybody else can. 

And it means that even as we are getting our fiscal house in order, that we're doing so in a way that doesn’t just put the burden on the senior citizen on Medicare, or the student who is trying to finance their way through college, but those of us that have been incredibly blessed by this society, that we're doing our part as well. 

Now, the proposals that I've put forward in terms of balancing our budget, making our government more efficient but making sure that it's still creating ladders of opportunity, making sure that we're still investing in those things that help us succeed economically, that made us an engine of economic growth and created this incredible middle class, that we have -- all those things that we’ve done are ideas that, traditionally, received Democratic and Republican support. 

It’s only in this environment that we’ve seen the other party suddenly say that that’s socialism, that that, somehow, is un-American.  That somehow the critical role that government has played as a partner with the marketplace to create opportunity for everybody, that somehow there’s something wrong with that.  I reject that vision, and I think the American people do, too. 

Now, they’ve gone three tough years and so this is going to be a close election.  Nobody is under any illusion that this isn’t going to be a tight race for us.  But as I travel around the country and I talk to folks, including people who don’t support me, when you break down the individual items that are being debated right now -- how do we balance this budget, what our tax policy should be, should we be investing in education, should we make sure that science and basic research continue to be paramount in our economy, do we have an obligation to make sure that our seniors can retire with dignity and respect -- we win that argument every time. 

And when it comes to foreign policy, I’m actually finding it very interesting.  The other side, traditionally, seems to feel that Democrats are somehow weak on defense, and they’ve had a little trouble making that argument this year.  (Applause.)  Because I think that what we’ve shown is there’s no contradiction between being tough and strong and protecting the American people, but also abiding by those values that make America great, and believing in diplomacy and believing in engagement and believing that it’s not a sign of weakness when we try to resolve issues peacefully, even as we’re prepared, when we need to for our own security, to act militarily.

So let me just close by saying this.  So many people in this room were active in 2008.  So many of you have had to defend me from your coworkers over the last three years.  (Laughter.)  And it’s true that over the last three years I’m a little grayer than I was.  Being an Obama supporter is not as trendy as it was.  (Laughter.)  Those old “Hope” posters that we had -- they’re a little dog-eared.  (Laughter.)  But I am more determined and more confident than I have ever been that if we keep at it, that America is poised to be stronger, more unified, more competitive, bolder, more generous than we ever have been before. 

And you will see me working harder and making those arguments as passionately as anything that I did in 2008.  And if you guys are with me, then I’m pretty confident not only are we going to win, but more importantly, America is going to be in good stead for years to come. 

Thank you very much, everybody.  Thank you.  (Applause.)  

END
6:15 P.M. EST

The White House

Office of the Press Secretary

Remarks by the President at a Campaign Event

Private Residence
New York, New York

5:00 P.M. EST

THE PRESIDENT:  Thank you.  Thank you, everybody.  (Applause.)  Thank you.  Thank you so much.  Thank you.  Thank you.  Wow, you are making me blush.  (Laughter.) 

It is just wonderful to be here.  And I want to thank Victor and Sarah for opening up their extraordinary home.  Although, I will say they have some pictures of me before I had gray hair -- (laughter) -- which is a little troubling.  They should have put the photo down.  (Laughter.)  But it’s a testimony to how long the two of them have been friends and supporters.  And those of you who know them know the passion and the extraordinary energy that they bring to issues of social justice and democratic politics.

I’m grateful for all you being here.  I’m going to keep my remarks at the top relatively brief, so that we can have more of an exchange of ideas, and I can answer questions and you guys can give me good advice.

But I’ll tell you -- obviously we’ve gone through three of the toughest years that America has gone through in our lifetimes.  And when I think back to those early months -- at a time when we were losing 800,000 jobs a month, and the banking sector had completely locked up, and the auto industry was on the verge of liquidation here in the United States, and, globally, no one was sure whether the center would hold -- the thing that gave me confidence was the incredible resilience and energy and hopefulness that I had seen during my travels as a presidential candidate.  And so as scary as those moments were, I had confidence that America could bounce back. 

Now, we’re not all the way back.  There is still a lot of hardship out there.  There are a lot of folks who still are looking for a job, or if they’re employed, are still just barely getting by.  There are millions of Americans who have seen their homes decline in value and they’re underwater, and they’re wondering whether they’re going to be able to retire as they had planned, or send their kid to college.

We still have an enormous amount of work to do.  But the good news is that here in the United States, the trend lines are good.  Last month, we saw 250,000 jobs created.  We’ve created 3.7 million jobs over the last two years.  We’ve seen the highest growth in manufacturing jobs since the 1990s.  Unemployment is still high, but it’s been moving in the right direction. 

And across the country what you’re seeing are businesses -- small and large -- saying to themselves, you know what, investing in America makes sense, because for all of our challenges, there's still no country that other folks would rather be because they understand that there is something about this place; that there's a set of values that are core to who we are, that are woven into our DNA, that allow you to make it if you try.

Now, the challenge is that for a lot of folks that essential American Dream that brought a lot of our forebears here to the United States has been slipping away.  And so even as we’ve tried to right the ship of the economy, even as we saved the auto industry, even as we stayed focused on putting people back to work, we were also looking at what are the fundamentals that ensure that everybody is going to get a fair shot, everybody is going to do their fair share, everybody is going to play by the same set of rules.

And that’s why, over the last three years, we've focused on making sure that you don’t go bankrupt if you get sick, and that 30 million people will have health insurance that didn’t have it before, and insurance companies can't deny you coverage at a time when you need it most.  (Applause.) 

It's the reason we've put such an emphasis on education -- not just through reform of the K-12 system, so every kid, no matter what their circumstances, can move ahead, but also, that once they graduate from high school, they can actually afford to go to college.  And we've made a bigger commitment at the federal level to education than any administration in recent history.  And our basic argument has been, not only are we going to put more money in, but we're also going to reform the system, and raise standards and infuse school districts with the kind of creativity and passion that’s required to make sure that kids can learn.

It's the reason why, on the environmental front, we've doubled fuel-efficiency standards on cars, so that we know that a decade from now your average vehicle will get 55 miles a gallon -- which is part of the reason why we're starting to see our dependence on foreign oil decline -- and having an energy policy that is not just drill, drill, drill, but is also investing in clean energy and advanced battery technologies and making sure that we're using energy more efficiently.  That’s going to be one of the foundations for making sure that we can succeed over the long term.

So, in addition to just saving the economy, what we've been trying to do is make sure that we provide a better foundation for long-term economic growth.  And we're poised to make that happen. 

Of course, over the last three years, I haven't just been able to worry about what happened here in this country, we've also had to do a little bit of worrying about what happened around the world.  The first promise I made as a presidential candidate was that I would end the war in Iraq.  Last night, I had the great honor of hosting a representative sample of the incredible young men and women -- and some not so young men and women -- in uniform who helped allow us to stabilize Iraq.  And that war is now over.  (Applause.) 

We're in the process of transitioning in Afghanistan, so that, increasingly, Afghans can take a lead for their own security and we can start bringing our troops home.  And we've been able to do all this while focusing attention on those who actually perpetrated 9/11.  And al Qaeda is weaker than it's ever been, and bin Laden is no more.  (Applause.)  Which goes to show that there's no contradiction between having a smart foreign policy, a foreign policy that is consistent with our values, but also being tough and looking out for America's national security.

Now, just as there's a lot more work to do here in the United States, there's a lot more work that we have to do internationally.  What's happening in the Middle East and North Africa right now is as profound, as transformative as what happened when the Berlin Wall fell, and the jury is still out in terms of the direction that it will go.  And my administration's commitment has been to say that we will continue to affirm our values, the things we believe in; that we will, where we can, defend people from brutality of their own governments; that we will stand up for human rights, we will stand up for free speech, we will stand up for women's rights.  (Applause.)  We will oppose torture.  We will oppose the kind of oppressiveness that, unfortunately, had been too common in too many countries in that region.

And one of our long-term goals in that region is to make sure that the sacrosanct commitment that we make to Israel’s security is not only a matter of providing them the military capabilities they need, not only providing the sort of qualitative military edge that they need in a very tough neighborhood, but also that we are a partner with them to try to bring about a peace in the region that can be lasting.  (Applause.)  And that is a challenge. 

What we’re seeing around that region is, is it used to be easier just to deal with one person who was an autocrat when it came to knowing who you could strike a deal with.  Part of what happens as a consequence of these regimes dissolving is that we’re going to have to take into account the politics and the attitudes of people in this region.  And that’s going to be challenging because there have been years of venom and anti-Semitism and anti-Israeli rhetoric that had been floating around for a long time.

At the same time, one of the things that I’m absolutely convinced of is that for Israel’s long-term security, it is going to be necessary for us -- even as we draw sharp lines in terms of Israel’s security -- to also continue to reach out to people of goodwill on the other side and try to shape -- (applause) -- and try to shape the kind of lasting, two-state solution that will allow Israel not only to preserve its security, but also to preserve its essence as a democratic, Jewish state.  (Applause.) 

And so as I look out over the next several years, America has probably had -- never had a clearer choice about where we go next, because the other side has a very different vision across the board about who we are and what’s important.  On the domestic front, their basic vision is if a very few people at the top are doing well and everybody else is struggling to get by, that’s okay.  On the foreign policy side, their view is, is that as long as we are flexing our muscles militarily, the need for engagement and diplomacy is a sign of weakness rather than strength. 

And so this election has huge consequences.  And what I’ve been saying to folks as I travel around the country -- a lot of supporters back in 2008 -- it was so much fun and so fresh to support this young guy who nobody could pronounce his name, and there were those posters there and -- there’s a little bit of revisionist history.  People remember that campaign as being flawless and so much fun.  I don’t remember it that way.  (Laughter.)  I remember us screwing up all the time. 

And so I acknowledge, yes, I’ve got a little more gray hair now.  And the last three years, despite, I think, the extraordinary work that my team has done, that we've got some dings and some nicks and some cuts from the battles we’ve had to fight.  But I am as determined as I ever was, and I believe as deeply as I ever have, about the core decency of the American people and the importance of a government that reflects those values. 

And that’s what we’re going to be fighting for over the next year.  And I’m going to need your help.  So I hope you’re ready, and I hope you will be just as determined, just as fired up, just as ready to go as you were in 2008.  (Applause.) 

Thank you very much, everybody.  Thank you.

END
5:12 P.M. EST

The White House

Office of the Press Secretary

Remarks by the President on American Energy

Nashua Community College
Nashua, New Hampshire

1:28 P.M. EST

THE PRESIDENT:  Hello, Nashua!  (Applause.)  It is good to be back in New Hampshire!  (Applause.) 

Thank you, Mike, for that wonderful introduction and for your service to our country.  I want to thank the president of Nashua Community College, Lucille Jordan, for hosting us here today.  Give Lucille a big round of applause.  (Applause.)  We’ve got Professor Paul Wunderlich, who gave me a great tour.  Where’s Paul?  Where is he?  He’s got a beard -- you can see him.  (Laughter.)  There he is.  And I want to thank your Mayor, Donnalee Lozeau, for joining us here today.  (Applause.)  Where’s Donnalee?  Right over there -- there.  Right in there. 

AUDIENCE MEMBER:  We love you!

THE PRESIDENT:  I love you back.  It is good to be back in New Hampshire. 

AUDIENCE MEMBER:  (Inaudible) 911! 911!  Somebody’s down!

THE PRESIDENT:  Okay, we’ll be all right.  They probably were just standing too long.  Just give them a little space.  Where’s our EMS folks?  They’ll be okay.  Just give him a little space.  This happens sometimes.  You guys been here a while after the magging?

AUDIENCE:  Yes.

THE PRESIDENT:  Well, no, you have to eat ahead of time.  (Laughter.)  Keep your blood sugar high.  We got somebody over there?  Jordan, right in the middle.  There we go.  Here’s our guy.  Make a little room, everybody.  All right, let’s make sure everybody is okay.  You all right?  All good?  Okay.  I think you’re going to be all right.  Okay.  (Applause.)  So remember, eat before you come to a presidential event.  (Laughter.)

Now, I am from Chicago, so you know a little snow was not going to keep me away -- (applause) -- which is why I can relate to New Hampshireites, because this is just like a dusting.  (Laughter.)  What’s the big deal?  There’s no big deal.  When Air Force One landed there were like 50 people waiting to shake my hand -- they got icicles on their eyebrows.  (Laughter.)  I was like, hey, great weather.  (Laughter.)  So I want to thank all of you for making the trek out here. I really appreciate it.

I just had a chance to look at some of the cutting-edge work that’s being done here at the auto shop.  Earlier this week, I gave a speech to American autoworkers where I said that one reason this country has an auto industry today is because we’re not just building cars again -- (applause) -- we’re building cars that use less oil, cars that go further on a gallon of gas.  And in part, that’s because of what’s happening in places like this community college.  It’s because of so many of you. 

I don’t need to tell you why fuel efficiency is so important, especially right now.  Most of you filled up your gas tanks in the last week or two, am I right?

AUDIENCE:  Yes.

THE PRESIDENT:  It hasn’t been a happy experience.  You’ve see the prices go up almost every day and you’ve already felt the pinch, whether you own a car or maybe you own a small business that uses energy.  Some of you have no choice but to drive a long way to work.  And higher gas prices are like a tax straight out of your paycheck.  And in the winter, the rising price of oil is also making it more expensive to heat your homes.

Now, I know this is hard to believe, but some politicians are seeing higher gas prices as a political opportunity.  You’re shocked, I know.  (Laughter.)  But it’s true -- right in the middle of an election year.  Who would have thought?  (Laughter.) So recently, the lead in one news story said -- and I’m quoting here -- “Gasoline prices are on the rise and Republicans are licking their chops.”  Licking their chops.  Now, let me tell you, only in politics do people respond to bad news with such enthusiasm.  (Laughter.)  That doesn’t happen anywhere else. 

And so, as a consequence, you can anticipate we’re going to be hearing a lot about how people have these magic 3-point plans to make sure that you’re only paying $2-a-gallon gas.  Just like we heard about it in the last election, just like we’ve heard about it for the last 30 years.  And you know what the essence of their plan is going to be, which is:  Step one, drill.  Step two, drill.  Step three, keep drilling.  And by the way, we’ll drill in your backyard.  Wherever it is, we’re just going to put up more rigs. 

Now, if there’s one thing I know about New Hampshire, it’s that your political bull detector is pretty keen.  It’s pretty sharp.  (Applause.)  You know that we can’t just drill our way to lower gas prices.  There are no quick fixes or silver bullets.  If somebody tells you there are, they're not telling you the truth. 

If we’re going to take control of our energy future -- which we have to do -- if we’re going to avoid high gas prices every single year, with a lot of politicians talking every single year but nothing happening -- if we're going to avoid that, then we've got to have an all-of-the-above strategy that develops every single source of American energy.  Not just oil and gas, but also wind and solar and biofuels.  (Applause.)  We've got to keep developing the technology that allows us to use less oil in our cars and trucks, less oil in our buildings and our factories.  And that’s the strategy we’ve been pursuing for the last three years, and it's the only real solution to this challenge. 

Now, here's the good news.  We're making progress.  And you can see it in this chart.  There's a chart behind me right here  -- we're using visual aids today.  (Laughter.)  The bar on the left shows that six years ago, 60 percent of the oil we used was imported.  Since I took office, America’s dependence on foreign oil has gone down every single year.  Every single year.  (Applause.)  In fact, in 2010, it was under 50 percent for the first time in 13 years -- for the first time.  (Applause.) 

And we gave one of these handy charts to everybody who came today, so you can impress your family and friends with your knowledge.  (Laughter.)  It makes a great conversation piece at parties.  (Laughter.)

Now, one of the reasons our oil -- our dependence on foreign oil is down is because of policies put in place by our administration, but also our predecessor’s administration.  And whoever succeeds me is going to have to keep it up.  This is not going to be solved by one party; it's not going to be solved by one administration; it's not going to be solved by slogans; it's not going to be solved by phony rhetoric.  It's going to be solved by a sustained, all-of-the-above energy strategy. 

And no matter what you hear from some folks in an election year, the key part of this strategy over the last three years has been to increase safe, responsible oil production here at home while also pursuing clean energy for the future.  We don’t have to choose between one or the other, we've got to do both.  (Applause.)  

So when it comes to oil production, under my administration, America is producing more oil today than at any time in the last eight years.  That is a fact.  That’s a fact.  (Applause.)    Under my administration, we have a near-record number of oil rigs operating right now -- more working oil and gas rigs than the rest of the world combined.  Think about that.  That’s a fact.  (Applause.)  

We've opened up millions of new acres for oil and gas exploration where appropriate and where it is done safely, and we've approved more than 400 drilling permits since we put in place new safety standards to make sure that we don’t have the same kind of spill that we had down in the Gulf a couple of years ago.  (Applause.) 

And we've approved dozens of new pipelines to move oil around, including from Canada.  Just this week, we announced that we’ll do whatever we can to help speed the construction of a pipeline in Oklahoma that will relieve a bottleneck for oil that needs to get to the Gulf.  And that’s going to help create jobs and encourage production.

So we’re focused on American oil production.  We are doing all that we can in a safe, responsible way to make sure that American oil production and gas production is high.  But here’s the thing.  The amount of oil that we drill at home doesn’t set the price of gas on its own.  And the reason is, is because oil is bought and sold on the world energy market.  And just like last year, the biggest thing that’s causing the price of oil to rise right now is instability in the Middle East.  This time it's Iran.  But a lot of folks are nervous about what might happen there, and so they're anticipating there might be a big disruption in terms of flow.  And when uncertainty increases, speculation on Wall Street can drive up prices even more.  Those are the short-term factors at work here.

So when you start hearing a bunch of folks saying somehow that there's some simple solution, you can turn a nozzle and suddenly we're going to be getting a lot more oil, that’s not just how it works.  Over the long term, the biggest reason oil prices will rise is because of growing demand in countries like China and India and Brazil. 

Just think about this.  In five years, the number of cars on the road in China more than tripled.  Over the last five years, the number of cars tripled.  Nearly 10 million cars were added in China alone in 2010 -- 10 million cars just in one country in one year.  So that’s using up a lot of oil.  And those numbers are only going to get bigger over time.  As places like China and India get wealthier, they're going to want to buy cars like we do, and they're going to want to fill them up like we do, and that’s going to drive up demand.

So what does this mean for us?  What does this mean for America?  It means that anybody who tells you that we can just drill our way out of this problem does not know what they’re talking about or they're not telling you the truth.  (Applause.) One or the other. 

Here's another way to think about it.  The United States consumes more than 20 percent of the world’s oil, but we only have 2 percent of the world’s oil reserves -- 20 percent we use; we only produce 2 percent.  And no matter what we do, it's not going to get much above 3 percent.  So we're still going to have this huge shortfall.  That's why if we really want energy security and energy independence, we've got to start looking at how we use less oil, and use other energy sources that we can renew and that we can control, so we are not subject to the whims of what's happening in other countries.  (Applause.)

We have to keep developing new technology that helps us use less energy.  We've got to keep relying on American know-how and ingenuity that comes from places like this one, Nashua Community College.  That’s our future.  (Applause.)  And that’s exactly the path that we've been taking these last three years.  Because of the investments we’ve made, the use of clean, renewable energy in this country has nearly doubled -- and thousands of Americans have jobs because of it. 

We’re taking every possible action to develop a near 100-year supply of natural gas, which releases fewer carbons.  Now that’s something that experts believe will support more than 600,000 jobs by the end of the decade.  Our cooperation with the private sector has positioned this country to be the world’s leading manufacturer of high-tech batteries that will power the next generation of American cars.  (Applause.)

And after three decades of doing nothing, we put in place fuel economy standards that will make sure our cars average nearly 55 miles per gallon by the middle of the next decade.  That’s nearly double what we have today.  (Applause.)  And that, by the way, applies not just to cars -- it applies to light trucks, and now it’s going to apply to heavy trucks as well. 

So that means that every time you fill up, you can think to yourself, you know what, I won’t have to fill up again for two weeks instead of one week.  That’s worth applauding.  (Applause.) Because what that means is that will save the typical family more than $8,000 at the pump.  And it means that this country will reduce our oil consumption by more than 2 million barrels a day, which means we can continue to see a decline in how much imported oil we need.  (Applause.)  And that’s good for our national security, that’s good for our economy, and it’s good for our environment.  (Applause.)

So that’s the strategy we’ve got to pursue.  But we’ve got to do more, and we’ve got to do more even faster.  We’ve got to keep investing in developing every available type of American-made energy.  And this means that we’ve got to set some priorities.  We’ve got to make some choices. 

First, while there are no short-term silver bullets when it comes to gas prices, I’ve directed my administration to look for every single area where we can make an impact and help consumers -- from helping to relieve bottlenecks in the places like the one we’ve got in Oklahoma, to making sure speculators aren’t taking advantage of what’s going on in the oil markets.  And we’re just going to keep on announcing steps in the coming weeks; every time we find something that can provide a little bit of relief right now, we’re going to do it.  (Applause.)

But over the long term, an all-of-the-above strategy requires the right incentives.  And here’s one of the best examples.  Right now, $4 billion of your tax dollars -- $4 billion -- subsidizes the oil industry every year. 

AUDIENCE:  Booo --

THE PRESIDENT:  Four billion dollars.  Now, these companies are making record profits right now -- tens of billions of dollars a year.  Every time you go to the gas tank or fill up your gas tank, they’re making money.  Every time.  Now, does anyone really think that Congress should give them another $4 billion this year?

AUDIENCE:  No!

THE PRESIDENT:  Of course not.  It’s outrageous.  It’s inexcusable.  And I am asking Congress -- eliminate this oil industry giveaway right away.  I want them to vote on this in the next few weeks.  (Applause.)  Let’s put every single member of Congress on record:  You can stand with the oil companies, or you can stand up for the American people.  You can keep subsidizing a fossil fuel that’s been getting taxpayer dollars for a century, or you can place your bets on a clean-energy future. 

So I’m asking everybody here today, anybody who is watching at home, let your member of Congress know where you stand.  Will you do that?  (Applause.)  Because I know where I stand, New Hampshire.  I know where I stand on this.  We want to have successful oil companies that are able to get the oil that we have in our country, but we also understand that our future requires us to make investments in clean, renewable energies.  And that has to start now.  We can’t wait.  We can’t wait until gas has skyrocketed more and people are desperate.  We need to start making those investments now.

And most of you guys agree.  (Applause.)  That’s why you’re putting your time -- that’s why folks here at this community college are learning about building cars and repairing cars that use less oil -- cars that are powered with alternative fuels, like natural gas.  That’s why the city of Nashua is purchasing a new fleet of trash trucks that run on natural gas.  (Applause.)  They’re going to go cleaner; they’re going to last longer; they’re going to be cheaper to fill up.  (Applause.)  

I saw one of them.  It was a good-looking truck.  And it put a smile on the Mayor’s face, because she knows she’s saving money -- she’s saving taxpayer money.  Good job, Mayor.  (Applause.)

So that’s part of what that $4 billion is going to the oil companies right now, that’s where it could be going -- to help cities like this one convert their fleets to fuel-efficient cars and trucks, to help private sector companies -- big companies like UPS or Federal Express -- convert their fleets.  That can save us money.  In fact, since we announced the National Clean Fleets Partnership last year, the companies interested in transitioning their fleets have tripled.  And that's part of why this chart is going down. 

And I’m proud to say that the federal government is leading by example.  One thing the federal government has a lot of is cars.  I don't know if you guys are aware of this, but we have a lot of cars.  (Laughter.)  And I’ve directed every department, every agency -- every single one -- to make sure that by 2015, 100 percent of the vehicles that the federal government buys are fuel-efficient cars and trucks.  (Applause.)  Let's save us money. 

So this is our future.  This is the ultimate solution to our energy challenge.  It's not going to be a smooth, easy ride.  Some of the clean-energy technologies that are discovered, they won’t pan out.  Some companies will fail.  There's going to be experiments and research that take time.  But as long as I’m President, I will not walk away from the promise of clean energy, because our future depends on it.  (Applause.)  I'm not going to cede the wind or the solar or the battery industry to China or Germany because some politicians in Washington refused to make the same commitment here in the United States of America.  (Applause.)  

With or without this Congress, I'm going to continue to do whatever I can to develop every source of American energy -- to make sure that three years from now our dependence on foreign oil is even lower, to make sure that our future is not controlled by events on the other side of the world. 

We may not have a silver bullet to bring down gas prices tomorrow, or reduce our dependence on foreign oil overnight.  But what we do have in this country are limitless sources of energy, and a boundless supply of ingenuity and imagination and talent that we can put to work to develop the energy of the future.  (Applause.)  We’ve got you. We’ve got you.  (Applause.)

The easiest thing in the world is to make phony election-year promises about lowering gas prices.  But what’s harder is to make a serious, sustained commitment to tackle a problem that we’ve been talking about for 30 years and has not been tackled, has not been solved.  It’s not going to be solved in one year or one term -- maybe not completely even in one decade.  But that’s the kind of commitment that we need right now.  That’s what this moment requires. 

And so when I see all the young people who are here today -- or the young at heart -- (laughter) -- we need you guys to keep at it.  This is your future at stake.  We need you to work hard. We need you to dream big.  We need you to summon the same spirit of unbridled optimism, that bold willingness to tackle tough problems that led previous generations to meet the challenges of their time -- to power a nation from coast to coast, to touch the moon, to connect an entire world with our own science and imagination.  That’s what America is capable of doing. 

And it’s that history that teaches us that all of our challenges -- all of them -- are within our power, within our grasp to solve.  (Applause.)  This one is no different.  This one is no different.  It will require our brightest scientists, our most creative companies, but it’s also going to require all of us -- Democrats, Republicans, everybody in between -– to do our part.  That’s what this moment requires. 

And I know we can do it.  And when we do, we’ll remind the world once again just why it is that the United States of America is the greatest nation on Earth. 

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

END
1:55 P.M. EST

The White House

Office of the Press Secretary

Remarks by the President, the Vice President, Secretary Panetta, and General Dempsey at Dinner in Honor of the Armed Forces who Served in Operation Iraqi Freedom and Operation New Dawn and their Families

Damon Waters-BeyEast Room
February 29, 2012

8:07 P.M. EST

GENERAL DEMPSEY:  You can go ahead and keep -- you do whatever you got to do.  I'll do whatever I got to do.  (Laughter.)  That’s what the chain of command is all about.

This morning, my wife, Deanie, we woke up and she said, "You know today is a special day."  And I said, "Of course it is.  We’ve been invited to the White House to celebrate the end of mission in Iraq."  And she said, "No, no."  I mean, she said, "That’s pretty cool, actually."  But she said, "It’s also Leap Year.  It’s the 29th of February.  It only comes around once every four years."  And then she said -- and so, in thinking about that, she said, "Do not sing.  Don’t even think about singing at this event tonight."  (Laughter.)  "Because if you do, we are likely not to be invited back again for like the next four years."  (Laughter.)  And she said --

AUDIENCE MEMBER:  Sing!

GENERAL DEMPSEY:  No.  (Laughter.)  And she said, "Besides, the President has a better voice."  (Laughter and applause.) 

Now, sir, I’m your senior military advisor.  I don’t agree with that assessment, personally.  (Laughter.)  But we’ll see.

I’m particularly honored tonight to be joined by the Joint Chiefs, who are scattered through the audience -- with General George Casey, with General Rick Sanchez, and General Lloyd Austin, who, honestly, have done some incredible heavy lifting for our nation over the past decade.  You all stand tall in an exceptionally long list of dedicated leaders who put their heart and soul into seeing our difficult mission in Iraq through to completion.

For more than two decades -- that’s the thing to remember here -- for more than two decades, Iraq was a dominant part of our lives.  In a sense, it was a family affair.  And what I mean by that is some of us sent our own sons and daughters into this conflict over the past 20 years.  All of us left our families behind.  And tour after tour, they served and supported every bit as much as we did.

The road we traveled together was very tough.  Every day required us to balance conflict and compassion, context and consequence.  Everywhere and at every level, we learned the power of relationships -- relationships rooted in trust and respect within ourselves, but also with our Iraqi brothers and sisters. 

And we saw just how profoundly impressive America’s fighting force, the Armed Forces of the United States -- soldiers, sailors, airmen, Marines, and Coast Guardsmen -- and family members like all of you here tonight, and those that I’ve known through the years, proudly represent.  Because you, and those who didn’t come home with us, and those who returned forever changed, really made possible what we were able to accomplish in Iraq.

It was your courage, your resilience, and your sheer resolve to take care of each other, to defend our nation, and to provide the Iraqi people with a choice for their own future.  Even in -- and maybe even, I’d say, especially in -- the toughest of times, your character and those you represent here tonight shine through.  And it mattered.

Mr. President, Mrs. Obama, thank you for recognizing the service and sacrifice of the military family in this very special way.  I really appreciate -- we really appreciate -- the support that you and the Vice President, and Dr. Biden and your wife, and those that they have bound together in the Joining Forces initiative, and the nation provide us, as men and women in uniform and the families that we represent.  And I know that we all share a commitment to keep faith with them, and especially the thousands who have returned with wounds both seen and unseen. 
There’s no one more strongly committed to their well-being than the person that I now have the opportunity and the privilege to introduce.  Ladies and gentlemen, our Secretary of Defense, the Honorable Leon Panetta.  (Applause.)

SECRETARY PANETTA:  Thank you very much, General Dempsey.  And he does have one hell of a voice.  (Laughter.)

Thank you for your duty, for your dedication, for your service to this great nation that we all represent here this evening. 

Tonight, we are truly in the company of heroes.  The honor that we present to all of you is because we care about those who have fought and sacrificed in Iraq. 

Mr. President, Mrs. Obama, we thank you deeply for honoring those heroes and welcoming them here into your home.

To all who fought in Iraq, we thank you for your service.  You’ve earned our nation’s everlasting gratitude.  We are indebted to you for your willingness to fight, your willingness to fight for your country.  We are indebted to your families and to your loved ones for the sacrifices that they made so that their loved ones could help defend this nation. 

Again and again and again, you left the comfort of family and friends, you left the comfort of this great country, and confronted brutal realities.  Places like Baghdad, Ramadi, Fallujah, Sadr City, Najaf and elsewhere throughout Iraq.  Your unflagging commitment and uncommon dedication helped the Iraqis realize a dream of building an independent and sovereign nation that could secure and defend itself. 

It is not going to be easy, but the fact is you gave them the opportunity to be a democracy -- because of you.  You are part of a generation of Americans -- the new, greatest generation of Americans -- responding to the call of duty by your nation.  Deployment after deployment, you’ve been willing to serve this nation.  You’ve been willing to put your lives on the line and you’ve been willing to die in order to protect this country. 

You have done everything this country asked you to do.  You return to a grateful nation.  And you can stand proud of all you’ve accomplished.  We owe all of you the honor that your service is deserving.  And we owe to you the assurance that we will never forget the sacrifices of those who are not with us this evening -- those who gave their lives to this country.  We pledge to their memory and we pledge to all of you that we will never forget and we will never retreat from what you’ve accomplished.

Last December in Baghdad, we cased the colors of the United States Forces Iraq.  And I had the chance to be at that ceremony. And at the time I noted, this is not the end; this is truly the beginning.

For America tonight, this is not the end.  It is the beginning of a long-lasting tribute to you and to all who served in Iraq.  This country was built upon the service and sacrifice of men and women like you.  Our very democracy depends on people like you, who are willing to step forward and defend this country, to salute and, yes, to fight to give each of us a chance to pursue the American Dream, giving our children a better life. 
And just as you have recognized and fulfilled your responsibility to this nation, we must do the same for you.  It is now our responsibility, the responsibility of communities at every corner of this country, to embrace your return, to welcome you back, and to ensure that you and your families have the support you deserve. 

As Secretary of Defense, I can’t tell you how proud I am of you, and how proud I am of every American who serves this country in uniform. 

And now it is my honor to introduce someone who believes deeply in that American Dream -- we are both products of that, as the children of those who came from other countries.  And he is dedicated to defending and preserving that dream.  I'm grateful to Vice President Biden and to Dr. Jill Biden for their continued strong support for our men and women in uniform.  They have a son, Beau, who deployed to Iraq, so they know what this war is all about and the sacrifices that are required of military families. 

Over the past three years, Vice President Biden has traveled to the region extensively and has played a tremendous role in steering Iraq policy.  He probably deserves a combat badge for the political battles that he’s been involved in.  And Jill has led the effort, along with Mrs. Obama, to support our military families. 

On behalf of all of us at the Department of Defense, we thank the President, we thank Mrs. Obama, we thank the Vice President and Dr. Jill Biden, for their leadership, for their support and for their dedication to a strong America.  Strong in mind, strong in body and strong in spirit. 

Ladies and gentlemen, the Vice President of the United States.  (Applause.)

THE VICE PRESIDENT:  I came because I was expecting a duet tonight.  (Laughter.)  I thought maybe we were going to hear you and my Irish friend actually sing, Mr. President.  I’m betting on you.  (Laughter.)

Hey, look, let me begin by saying that -- a special thanks to Generals Casey, Sanchez, Odierno and Austin.  The good news for Casey and Sanchez, they only had to see me three or four times.  Poor General O had to see me close to a dozen times, and General Austin put up with me at the end.  I want to say to all of the brass in here and the Joint Chiefs -- we owe you a debt of gratitude because you have trained the finest generation of warriors -- and this is not hyperbole -- the finest generation of warriors in the history of this country -- and I would argue, in a literal sense, the finest generation of warriors in all of history. 

I get frustrated as the President does when I hear talk about Generation X and how Generation X is -- they're not ready for all the travails that previous generations have been through. Most of you in this room are made up of what I call the 9/11 Generation.  You are the most incredible generation this country has produced.  Since 9/11, over 2.8 million of your generation, men and women, have joined the military, knowing, and in many cases, hoping, that you'd be sent into harm's way. 

More than a million of you strapped on desert boots and walked across those god-awful sands of Iraq, with temperatures up to 135-140 degrees, averaging about 117 degrees in the summer.  Over a million of you.  A million of you. 

This journey began nine years ago, when armored vehicles rumbled across the border of Kuwait and into one of the most challenging missions that the American military has ever undertaken.  And all of you sitting at our tables tonight, you know better than anyone, it was something -- sometimes an impossible mission.  Sometimes it was impossible to determine who the enemy was -- who the enemy was. 

That was just a few short years ago.  A few short years ago, there were literally hundreds of bodies a day being piled up in the Baghdad morgue.  The highways became mine fields.  Irish Alley was the place that was one of the most dangerous places in the world.  Every convoy was a test of faith.  And you saddled up, every single day, after seeing some of your buddies blown up, after cleaning out the vehicles, and you saddled up the next day.

A bullet slipped in an envelope and slid under a family's door became an unmistakable warning that they had to leave the house and the neighborhood or they would die.  And while you may have been steeped in military doctrine -- and you have been -- you were also made to master the vagaries of local Iraqi politics -- issues ranging from electricity to unemployment, from currency exchange to tax collection. 

You're incredible.  You adapted.  You succeeded.  And you defeated.  You defeated a tyrant.  You beat back violent extremists.  And the most remarkable thing you did, because of the breadth of your capability, you enabled a country that had not been governed in any reasonable way for over four decades -- you actually helped them set up institutions and train a military and a civilian corps that gives them a real fighting chance.

Today, because of you, rather than a giant vacuum in a strategically vital region, there's a prospect of stability and prosperity.  And that wasn’t luck, it wasn’t an accident; it was your sacrifice and hard work that made it possible.  And it will never be forgotten.

Harry Truman -- President Truman once described the end of a war as "a solemn but glorious honor -- excuse me -- "a solemn but glorious hour."  I believe -- and it's presumptuous of me to interpret what he meant, but I believe that he meant that honoring those who fought also requires remembering those who were lost:  4,475.  And the exact number is important -- 4,475 fallen angels.  More than 30,000 wounded -- some of you in this room.  Others bear, as Leon said, the invisible scars of their experience. 

The President obviously will speak for himself, but I can tell you we're both awed -- awed -- by your sacrifice.  But not just those of you who deployed, but your brothers, your sisters, your husbands, your wives, your moms, your dads. 

John Milton, the English poet, once said, “They also serve who only stand and wait.”  They also serve who only stand and wait.  We owe you, your family members, almost as much as we owe you.  Every morning I’d walk in and Jill would be getting her cup of coffee, standing over the sink, mouthing a prayer.  You wives and husbands of the deployed person, your brothers and sisters -- there wasn’t an hour a day that didn’t go by that they didn’t flash across your mind -- wondering, is my husband, is my wife, is my son, is my daughter -- are they okay?  It’s an incredible thing to ask of so many people.

And now, in the finest American tradition, having carried out your mission, you've come home.  As I said when I was with General Austin and with Talabani and Barzani and a couple of you, Colonel, were there -- it’s good to see you here, Colonel, instead of in Baghdad. 

But like every American before you, every warrior before you, you left Iraq, taking nothing with you but your experience, your achievements, and the pride associated with knowing that you did an incredible job.  That’s an American tradition, too -- taking nothing but your pride back home.

So on behalf of a grateful nation -- there’s never going to be a way we can truly repay you, there’s no way to fully repay you -- but let me simply say thank you.  Thank you and your families for the heroic work you’ve done.  You’ve made a difference, and I think you’ve helped chart a different course for history in the 21st century.

But, ladies and gentlemen, a man that I’ve sat with every day for the past three years or so, I’ve watched him make the decisions he had to make about war and conflict.  I’ve watched him, how he’s done it.  And I know -- presumptuous of me to say  -- I know -- I know every one of those decisions that had to be made hang heavy in his mind and his heart.

There's no one I’ve encountered -- and I’ve been here for eight Presidents -- who cares more about you, and all of you who continue to serve, than this man.

Ladies and gentlemen, I am proud -- I am proud to introduce to you your Commander-in-Chief and my friend, Barack Obama.  (Applause.)

PRESIDENT OBAMA:  Thank you.  (Applause.)  Thank you very much.  Thank you so much, everyone.  Please, please.  Please, everyone, have a seat. 

Thank you, Joe Biden, for not only outstanding remarks, but the extraordinary leadership you showed in helping to guide our policies. 

To Secretary Panetta; General Dempsey to all the commanders who are here and did so much under such extraordinary circumstances to arrive at an outcome in which the Iraqi people have an opportunity to chart their own destiny -- thank you for the great work that you’ve done.

I do have to say, despite Deanie’s advice, I thought Dempsey was going to burst into song.  (Laughter.)  You have not lived until you hear him belt out an Irish ballad.  His voice is better than mine.  I think you’re never a prophet in your own land, Marty, so your wives are there to cut you down a peg.  (Laughter.) 

Distinguished guests, ladies and gentlemen:  This house has stood for more than two centuries, through war and peace, through hardship and through prosperity.  These rooms have hosted presidents and prime ministers, and kings and queens.  But in the history of this house, there's never been a night quite like this.  Because this evening, we welcome, not the statesmen who decide great questions of war and peace, but citizens -- men and women from every corner of our country, from every rank of our military, every branch of our service -- who answer the call, who go to war, who defend the peace. 

And in a culture that celebrates fame and fortune, yours are not necessarily household names.  They're something more -- the patriots who serve in our name.  And after nearly nine years of war in Iraq, tonight is an opportunity for us to express our gratitude and to say once more:  Welcome home.   

This is not the first time that we’ve paid tribute to those who served courageously in Iraq.  This will not be the last.  And history reminds us of our obligations as a nation at moments like this.  This year will mark the 50th anniversary of the Vietnam War, a time when our veterans didn’t always receive the respect and the thanks that they so richly deserved -- and that’s a mistake that we must never repeat. 

The good news is, already, we’ve seen Americans come together -- in small towns and big cities all across the country -- to honor your service in Iraq.  And tonight, on behalf of Michelle and myself, on behalf of over 300 Americans -- 300 million Americans, we want to express those simple words that we can never say enough, and that’s thank you.

In your heart, each of you carries your own story -- the pride of a job well done; the pain of losing a friend, a comrade. Ernie Pyle, who celebrated our GIs in World War II, said that your world can never be known to the rest of us.  Tonight, what we can do is convey what you’ve meant to the rest of us.  Because through the dust and the din and the fog of war, the glory of your service always shone through.  In your noble example, we see the virtues and the values that sustain America, that keep this country great. 

You taught us about duty.  Blessed to live in the land of the free, you could have opted for an easier path.  But you know that freedom is not free.  And so you volunteered and you stepped forward, and you raised your hand and you took an oath -- to protect and defend; to serve a cause greater than yourself, knowing, in a time of war, you could be sent into harm’s way.

You taught us about resolve.  Invasion turned to insurgency and then sectarian strife.  But you persevered, tour after tour, year after year.  Indeed, we’re mindful that even as we gather here, Iraq veterans continue to risk their lives in Afghanistan, and our prayers are with them all tonight. 

In one of our nation’s longest wars, you wrote one of the most extraordinary chapters in American military history.  Now the Iraqi people have a chance to forge their own destiny, and every one of you who served there can take pride in knowing you gave the Iraqis this opportunity; that you succeeded in your mission.   

You taught us about devotion -- to country and to comrades, but most of all, to family.  Because I know that some of the hardest days of war were the moments you missed back home -- the birthdays, the anniversaries, when your little girl or boy took their first wobbly steps.  And behind every one of you, was a parent, a spouse, or son or a daughter, trying to stay strong, and praying for the day that you’d come home safe.  And that’s why Michelle and Dr. Biden have made it their mission to make sure America takes care of your families, because they inspire us as much as you do.  They deserve that honor as much as you do.

That’s why I’d ask all the spouses and the partners and families to stand up and accept our gratitude for your remarkable service -- especially because you look so good tonight.  (Applause.) 

You taught us about sacrifice -- a love of country so deep, so profound, you were willing to give your lives for it.  And tonight, we pay solemn tribute to all who did.  We remember the first, on that first day of war:  Major Jay Thomas Aubin; Captain Ryan Anthony Beaupre; Corporal Brian Matthew Kennedy; Staff Sergeant Kendall Damon Waters-Bey.  And we remember the last -- Specialist David Emanuel Hickman, November 14, 2011. 

Separated by nearly nine years, they are bound for all time, among the nearly 4,500 American patriots who gave all that they had to give.  To their families, including the Gold Star families here tonight, know that we will never forget their sacrifice and that your loved ones live on in the soul of our nation -- now and forever. 

You taught us about strength -- the kind that comes from within; the kind that we see in our wounded warriors.  For you, coming home was the start of another battle -- the battle to recover, to stand, to walk, to serve again.  And in your resilience we see the essence of America, because we do not give up.  No matter the hardship, we push on.  And just as the wounds of war can last a lifetime, so does America’s commitment to you and all who serve -- to give you the care you earned and the opportunities you need as you begin the next proud chapter in your lives.

And finally, all of you taught us a lesson about the character of our country.  As you look across this room tonight, you look at our military -- we draw strength from every part of our American family -- every color, every creed, every background, every belief.  And every day, you succeed together -- as one American team. 

As your Commander-in-Chief, I could not be more proud of you.  As an American, as a husband and father of two daughters, I could not be more grateful for your example of the kind of country we can be, of what we can achieve when we stick together.

So I’ll leave you with a picture that captures this spirit.  It’s from that day in December, when the last convoy rolled out -- five American soldiers standing beside their vehicle, marked with the words, "Last vehicle out of Iraq."  They’re young, men and women, shoulder to shoulder, proud, heads held high, finally going home.  And they were asked what it was like to be, literally, the last troops out of Iraq.  And one of them gave a simple reply:  "We completed the mission."  We completed the mission.  We did our jobs.

So I propose a toast.  To the country we love.  To the men and women who defend her.  And to that faith -- that fundamental American faith -- that says no mission is too hard, no challenge is too great; through tests and through trials, we don’t simply endure, we emerge stronger than before, knowing that America’s greatest days are still to come -- and they are great because of you. 

Cheers.  

God bless you and your families.  And may God continue to bless those in uniform and the United States of America. 

Thank you very much, everybody.  May dinner be served.  (Applause.)

END 
8:40 P.M. EST

The White House

Office of the Press Secretary

Remarks by the President to UAW Conference

Washington Marriott Wardman Park
Washington, D.C.

11:30 A.M. EST

THE PRESIDENT:  How's it going, UAW?  (Applause.)  It is good to be with some autoworkers today!  (Applause.)  All right. Everybody have a seat, get comfortable.  Go ahead and get comfortable.  I'm going to talk for a little bit.  (Applause.) 

First of all, I want to say thank you to one of the finest leaders that we have in labor -- Bob King.  Give it up for Bob.  (Applause.)  I want to thank the International Executive Board and all of you for having me here today.  It is a great honor.  I brought along somebody who is proving to be one of the finest Secretaries of Transportation in our history -- Ray LaHood is in the house.  Give Ray a big round of applause.  (Applause.)  

It is always an honor to spend time with folks who represent the working men and women of America.  (Applause.)  It’s unions like yours that fought for jobs and opportunity for generations of American workers.  It’s unions like yours that helped build the arsenal of democracy that defeated fascism and won World War II.  It's unions like yours that forged the American middle class -- that great engine of prosperity, the greatest that the world has ever known.

So you guys helped to write the American story.  And today, you’re busy writing a proud new chapter.  You are reminding us that no matter how tough times get, Americans are tougher.  (Applause.)  No matter how many punches we take, we don’t give up.  We get up.  We fight back.  We move forward.  We come out the other side stronger than before.  That's what you've shown us.  (Applause.)  You're showing us what’s possible in America.  So I’m here to tell you one thing today:  You make me proud.  (Applause.)  You make me proud.

Take a minute and think about what you and the workers and the families that you represent have fought through.  A few years ago, nearly one in five autoworkers were handed a pink slip -- one in five.  Four hundred thousand jobs across this industry vanished the year before I took office.  And then as the financial crisis hit with its full force, America faced a hard and once unimaginable reality, that two of the Big 3 automakers  -- GM and Chrysler -- were on the brink of liquidation.

The heartbeat of American manufacturing was flat-lining and we had to make a choice.  With the economy in complete free fall there were no private investors or companies out there willing to take a chance on the auto industry.  Nobody was lining up to give you guys loans.  Anyone in the financial sector can tell you that.

So we could have kept giving billions of dollars of taxpayer dollars to automakers without demanding the real changes or accountability in return that were needed -- that was one option. But that wouldn’t have solved anything in the long term.  Sooner or later we would have run out of money.  We could have just kicked the problem down the road.  The other option was to do absolutely nothing and let these companies fail.  And you will recall there were some politicians who said we should do that.

AUDIENCE:  Booo --

THE PRESIDENT:  Some even said we should "let Detroit go bankrupt."

AUDIENCE:  Booo --

THE PRESIDENT:  You remember that?  (Applause.)  You know.  (Laughter.)  Think about what that choice would have meant for this country, if we had turned our backs on you, if America had thrown in the towel, if GM and Chrysler had gone under.  The suppliers, the distributors that get their business from these companies, they would have died off.  Then even Ford could have gone down as well.  Production shut down.  Factories shuttered.  Once-proud companies chopped up and sold off for scraps.  And all of you, the men and women who built these companies with your own hands, would have been hung out to dry.

More than one million Americans across the country would have lost their jobs in the middle of the worst economic crisis since the Great Depression.  In communities across the Midwest, it would have been another Great Depression.  And then think about all the people who depend on you.  Not just your families, but the schoolteachers, the small business owners, the server in the diner who knows your order, the bartender who’s waiting for you to get off.  (Laughter.)  That’s right.  (Applause.)  Their livelihoods were at stake as well. 

And you know what was else at stake?  How many of you who’ve worked the assembly line had a father or a grandfather or a mother who worked on that same line?  (Applause.)  How many of you have sons and daughters who said, you know, Mom, Dad, I'd like to work at the plant, too?  (Applause.) 

These jobs are worth more than just a paycheck.  They’re a source of pride.  They’re a ticket to a middle-class life that make it possible for you to own a home and raise kids and maybe send them -- yes -- to college.  (Applause.)  Give you a chance to retire with some dignity and some respect.  These companies are worth more than just the cars they build.  They’re a symbol of American innovation and know-how.  They're the source of our manufacturing might.  If that’s not worth fighting for, what's worth fighting for?  (Applause.)

So, no, we were not going to take a knee and do nothing.  We were not going to give up on your jobs and your families and your communities.  So in exchange for help, we demanded responsibility.  We said to the auto industry, you're going to have to truly change, not just pretend like you're changing.  And thanks to outstanding leadership like Bob King, we were able to get labor and management to settle their differences.  (Applause.) 

We got the industry to retool and restructure, and everybody involved made sacrifices.  Everybody had some skin in the game.  And it wasn’t popular.  And it wasn’t what I ran for President to do.  That wasn’t originally what I thought I was going to be doing as President.  (Laughter.)  But you know what, I did run to make the tough calls and do the right things -- no matter what the politics were.  (Applause.)

And I want you to know, you know why I knew this rescue would succeed? 

AUDIENCE MEMBER:  How did you do it?  (Laughter.) 

THE PRESIDENT:  You want to know?  It wasn’t because of anything the government did.  It wasn’t just because of anything management did.  It was because I believed in you.  I placed my bet on the American worker.  (Applause.)  And I’ll make that bet any day of the week.  (Applause.) 

And now, three years later -- three years later, that bet is paying off -- not just paying off for you, it’s paying off for America.  Three years later, the American auto industry is back. (Applause.)  GM is back on top as the number-one automaker in the world  -- (applause) -- highest profits in its 100-year history. Chrysler is growing faster in America than any other car company. (Applause.)  Ford is investing billions in American plants, American factories -- plans to bring thousands of jobs back to America.  (Applause.) 

All told, the entire industry has added more than 200,000 new jobs over the past two and a half years -- 200,000 new jobs. And here’s the best part -- you’re not just building cars again; you’re building better cars.  (Applause.) 

After three decades of inaction, we’re gradually putting in place the toughest fuel economy standards in history for our cars and pickups.  That means the cars you build will average nearly 55 miles per gallon by the middle of the next decade -- almost double what they get today.  (Applause.)  That means folks, every time they fill up, they're going to be saving money.  They'll have to fill up every two weeks instead of every week.  That saves the typical family more than $8,000 at the pump over time. That means we’ll cut our oil consumption by more than 2 million barrels a day.  That means we have to import less oil while we're selling more cars all around the world.  (Applause.) 

Thanks to the bipartisan trade agreement I signed into law  -- with you in mind, working with you -- there will soon be new cars in the streets of South Korea imported from Detroit and from Toledo and from Chicago.  (Applause.) 

And today -- I talked about this at the State of the Union, we are doing it today -- I am creating a Trade Enforcement Unit that will bring the full resources of the federal government to bear on investigations, and we're going to counter any unfair trading practices around the world, including by countries like China.  (Applause.)  America has the best workers in the world.  When the playing field is level, nobody will beat us.  And we're going to make sure that playing field is level.  (Applause.)

Because America always wins when the playing field is level. And because everyone came together and worked together, the most high-tech, fuel-efficient, good-looking cars in the world are once again designed and engineered and forged and built -- not in Europe, not in Asia -- right here in the United States of America.  (Applause.)

I’ve seen it myself.  I’ve seen it myself.  I've seen it at Chrysler’s Jefferson North Plant in Detroit, where a new shift of more than 1,000 workers came on two years ago, another 1,000 slated to come on next year.  I’ve seen it in my hometown at Ford’s Chicago Assembly -- (applause) -- where workers are building a new Explorer and selling it to dozens of countries around the world. 

AUDIENCE MEMBER:  I'm buying one, too.

THE PRESIDENT:  There you go.  (Laughter.) 

I’ve seen it at GM’s Lordstown plant in Ohio -- (applause)  -- where workers got their jobs back to build the Chevy Cobalt, and at GM’s Hamtramck plant in Detroit -- (applause) -- where I got to get inside a brand-new Chevy Volt fresh off the line -- even though Secret Service wouldn’t let me drive it.  (Laughter.) But I liked sitting in it.  (Laughter.)  It was nice.  I'll bet it drives real good.  (Laughter.)  And five years from now when I’m not President anymore, I’ll buy one and drive it myself.  (Applause.)  Yes, that's right.

AUDIENCE:  Four more years!  Four more years!  Four more years!

THE PRESIDENT:  I know our bet was a good one because I had seen it pay off firsthand.  But here’s the thing.  You don't have to take my word for it.  Ask the Chrysler workers near Kokomo -- (applause) -- who were brought on to make sure the newest high-tech transmissions and fuel-efficient engines are made in America.  Or ask the GM workers in Spring Hill, Tennessee, whose jobs were saved from being sent abroad.  (Applause.)  Ask the Ford workers in Kansas City coming on to make the F-150 -- America’s best-selling truck, a more fuel-efficient truck.  (Applause.)  And you ask all the suppliers who are expanding and hiring, and the communities that rely on them, if America’s investment in you was a good bet.  They’ll tell you the right answer.  

And who knows, maybe the naysayers would finally come around and say that standing by America's workers was the right thing to do.  (Applause.)  Because, I've got to admit, it's been funny to watch some of these folks completely try to rewrite history now that you're back on your feet.  (Applause.)  The same folks who said, if we went forward with our plan to rescue Detroit, "you can kiss the American automotive industry goodbye."  Now they're saying, we were right all along.  (Laughter.) 

Or you've got folks saying, well, the real problem is -- what we really disagreed with was the workers, they all made out like bandits -- that saving the auto industry was just about paying back the unions.  Really?  (Laughter.)  I mean, even by the standards of this town, that’s a load of you know what.  (Laughter.) 

About 700,000 retirees had to make sacrifices on their health care benefits that they had earned.  A lot of you saw hours reduced, or pay or wages scaled back.  You gave up some of your rights as workers.  Promises were made to you over the years that you gave up for the sake and survival of this industry -- its workers, their families.  You want to talk about sacrifice?  You made sacrifices.  (Applause.)  This wasn't an easy thing to do. 

Let me tell you, I keep on hearing these same folks talk about values all the time.  You want to talk about values?  Hard work -- that’s a value.  (Applause.)  Looking out for one another -- that’s a value.  The idea that we're all in it together, and I'm my brother's keeper and sister's keeper -- that’s a value.  (Applause.) 

They're out there talking about you like you're some special interest that needs to be beaten down.  Since when are hardworking men and women who are putting in a hard day's work every day -- since when are they special interests?  Since when is the idea that we look out for one another a bad thing? 

I remember my old friend, Ted Kennedy -- he used to say, what is it about working men and women they find so offensive?  (Laughter.)  This notion that we should have let the auto industry die, that we should pursue anti-worker policies in the hopes that unions like yours will buckle and unravel -– that’s part of that same old "you are on your own" philosophy that says we should just leave everybody to fend for themselves; let the most powerful do whatever they please.  They think the best way to boost the economy is to roll back the reforms we put into place to prevent another crisis, to let Wall Street write the rules again. 

They think the best way to help families afford health care is to roll back the reforms we passed that’s already lowering costs for millions of Americans.  (Applause.)  They want to go back to the days when insurance companies could deny your coverage or jack up your rates whenever and however they pleased. They think we should keep cutting taxes for those at the very top, for people like me, even though we don’t need it, just so they can keep paying lower tax rates than their secretaries. 

Well, let me tell you something.  Not to put too fine a point on it -- they’re wrong.  (Laughter.)  They are wrong.  (Applause.)  That’s the philosophy that got us into this mess.  We can’t afford to go back to it.  Not now. 

We’ve got a lot of work to do.  We’ve got a long way to go before everybody who wants a good job can get a good job.  We’ve got a long way to go before middle-class Americans fully regain that sense of security that’s been slipping away since long before this recession hit.  But you know what, we’ve got something to show -- all of you show what’s possible when we pull together.

Over the last two years, our businesses have added about 3.7 million new jobs.  Manufacturing is coming back for the first time since the 1990s.  Companies are bringing jobs back from overseas.  (Applause.)  The economy is getting stronger.  The recovery is speeding up.  Now is the time to keep our foot on the gas, not put on the brakes.  And I’m not going to settle
for a country where just a few do really well and everybody else is struggling to get by.  (Applause.) 

We’re fighting for an economy where everybody gets a fair shot, where everybody does their fair share, where everybody plays by the same set of rules.  We’re not going to go back to an economy that’s all about outsourcing and bad debt and phony profits.  We’re fighting for an economy that’s built to last, that’s built on things like education and energy and manufacturing.  Making things, not just buying things -- making things that the rest of the world wants to buy.  And restoring the values that made this country great:  hard work and fair play, the chance to make it if you really try, the responsibility to reach back and help somebody else make it, too -- not just you.  That’s who we are.  That’s what we believe in.   (Applause.)

I was telling you I visited Chrysler’s Jefferson North Plant in Detroit about a year and a half ago.  Now, the day I visited, some of the employees had won the lottery.  Not kidding.  They had won the lottery.  Now, you might think that after that they’d all be kicking back and retiring.  (Laughter.)  And no one would fault them for that.  Building cars is tough work.  But that’s not what they did.  The guy who bought --

AUDIENCE MEMBER:  What did they do?

THE PRESIDENT:  Funny you ask.  (Laughter.)  The guy who bought the winning ticket, he was a proud UAW member who worked on the line.  So he used some of his winnings to buy his wife the car that he builds because he’s really proud of his work.  (Applause.)  Then he bought brand new American flags for his hometown because he’s proud of his country.  (Applause.)  And he and the other winners are still clocking in at that plant today, because they’re proud of the part they and their coworkers play in America’s comeback.

See, that’s what America is about.  America is not just looking out for yourself.  It’s not just about greed.  It’s not just about trying to climb to the very top and keep everybody else down.  When our assembly lines grind to a halt, we work together and we get them going again.  When somebody else falters, we try to give them a hand up, because we know we’re all in it together.

I got my start standing with working folks who’d lost their jobs, folks who had lost their hope because the steel plants had closed down.  I didn’t like the idea that they didn’t have anybody fighting for them.  The same reason I got into this business is the same reason I’m here today.  I’m driven by that same belief that everybody -- everybody -- should deserve a chance.  (Applause.) 

So I promise you this:  As long as you’ve got an ounce of fight left in you, I’ll have a ton of fight left in me.  (Applause.)  We’re going to keep on fighting to make our economy stronger; to put our friends and neighbors back to work faster; to give our children even more opportunity; to make sure that the United States of America remains the greatest nation on Earth.   (Applause.)

Thank you, UAW.  I love you.  God bless you.  God bless the work you do.  God bless the United States of America.  (Applause.)

END 
11:55 A.M. EST

The White House

Office of the Press Secretary

Remarks by the President at National Governors Association Meeting

State Dining Room

11:30 A.M. EST

THE PRESIDENT:  Thank you, everybody.  (Applause.)  Thank you so much.  Please, everybody have a seat.  Have a seat.   

Thank you, Joe, for the outstanding work you’re doing on behalf of the American people every day.  I want to thank all the members of my Cabinet and administration who are here today.  I want to thank Dave Heineman and Jack Markell for the outstanding leadership that they’ve shown as they’ve chaired and co-chaired the NGA. 

I’m glad to see that everybody has recovered from the wild time we had last night.  (Laughter.)  It was wonderful to have all of you here. 

And I always look forward to this event because governors are at the front line of America’s recovery. You see up close what’s working, what’s not working, and where we can take it.  And the thing that connects all of us -- and no matter what part of the country we’re from and certainly no matter what party we belong to -- is that we know what it means to govern, what it means to make tough choices during tough times, and hopefully to forge some common ground.  We’ve all felt the weight of big decisions and the impact that those decisions have on the people that we represent. 

I first addressed this group three years ago and it was the moment, as Joe mentioned, when the economy was in a freefall.  Some of you were just coming into office at that time as well.  Hundreds of thousands of Americans were losing their jobs or their homes every month.  Businesses were closing their doors at a heartbreaking pace.  Our entire auto industry was on the verge of collapse and, all told, the prospects of us going into a full-blown depression were very real.

Today there's no doubt that enormous challenges remain.  But the fact of the matter is that over the last two years American businesses have created 3.7 million new jobs.  Manufacturers are hiring for the first time since the 1990s.  The auto industry is back.  Our recovery is gaining speed and the economy is getting strong.  And we’ve got to do everything we can to make sure that we sustain this progress. 

That means we’ve got to strengthen American manufacturing so that more and more good jobs and products are made here in America.  It means that we’ve got to develop new sources of American energy so that we’re less dependent on foreign oil and yearly spikes in gas prices.  And it means that we’ve got to make sure that every American is equipped with the skills, with the education that they need to compete for the jobs of tomorrow as well as the jobs of today.  And that’s what I want to talk to these governors a little bit about. 

No issue will have a bigger impact on the future performance of our economy than education.  In the long run it’s going to depend -- determine whether businesses stay here.  It will determine whether businesses are created here, whether businesses are hiring here.  And it will determine whether there's going to be an abundance of good middle-class jobs in America. 

Today, the unemployment rate for Americans with at least a college degree is about half the national average.  Their incomes are about twice as high as those who only have a high school diploma.  So this is what we should be focused on as a nation.  This is what we should be talking about and debating.  The countries who out-educate us today will out-compete us tomorrow.  That’s a simple fact.  And if we want America to continue to be number one and stay number one, we’ve got some work to do. 

Now, in the last three years, the good news is we’ve made some important progress, working together.  We’ve broken through the traditional stalemate between left and right by launching a national competition to improve our schools.  And I think Arne has done an outstanding job of saying we've got to get past the old dogmas -- whether it's the dogmas on the liberal side or the conservative side -- and figure out what works.  We've invested, but we've invested in reform.  And for less than one percent of what our nation spends on education each year, almost all of you have agreed to raise standards for teaching and learning.  And that's the first time that’s happened in a generation. 

We’ve also worked with all of you –- Democrats and Republicans –- to try to fix No Child Left Behind.  We said that if you’re willing to set higher, more honest standards then we will give you more flexibility to meet those standards.  Earlier this month I announced the first 11 states to get a waiver from No Child Left Behind, and I hope that we are going to be adding more states soon.

I believe education is an issue that is best addressed at the state level.  And governors are in the best position to have the biggest impact.  I realize that everybody is dealing with limited resources.  Trust me, I know something about trying to deal with tight budgets.  We’ve all faced some stark choices over the past several years.  But that is no excuse to lose sight of what matters most.  And the fact is that too many states are making cuts to education that I believe are simply too big. 

Nothing more clearly signals what you value as a state than the decisions you make about where to invest.  Budgets are about choices.  So today I’m calling on all of you:  Invest more in education.  Invest more in our children and in our future.  That does not mean you’ve got to invest in things that aren’t working.  That doesn’t mean that it doesn’t make sense to break some china and move aggressively on reform.  But the fact of the matter is we don’t have to choose between resources and reform; we need resources and reform.

Now, there are two areas in education that demand our immediate focus.  First, we’ve just got to get more teachers into our classrooms.  Over the past four years, school districts across America have lost over 250,000 educators -- 250,000 teachers, educators have been lost.  Think about that.  A quarter-million educators, responsible for millions of our students, all laid off when America has never needed them more. 

Other countries are doubling down on education and their investment in teachers -- and we should, too.  And each of us is here only because at some point in our lives a teacher changed our life trajectory.  The impact is often much bigger than even we realize.  One study found that a good teacher can increase the lifetime income of a classroom by over $250,000.  One teacher, one classroom.  And a great teacher offers potentially an escape for a child who is dreaming beyond his circumstances.  The point is, teachers matter, and all of us have to recognize that, and we’ve got to put our money behind that.

Now, we want to help you everyplace that we can.  At the federal level, we’ve already provided billions of dollars in funding to help keep hundreds of thousands of teachers in the classroom.  And a cornerstone of the jobs plan that I put forward in September -- a chunk of which has gotten done, but a chunk of which remains undone -- was to provide even more funding, so that you could prevent further layoffs and rehire teachers that had lost their jobs.  And I’d like to thank those of you in this room who voiced support for that effort. 

Congress still is in a position to do the right thing.  They can keep more teachers in the classroom, but you’ve got to keep the pressure up on them to get this done.

The second area where we have to bring greater focus is higher education.  The jobs of the future are increasingly going to those with more than a high school degree.  And I have to make a point here.  When I speak about higher education we’re not just talking about a four-year degree.  We’re talking about somebody going to a community college and getting trained for that manufacturing job that now is requiring somebody walking through the door, handling a million-dollar piece of equipment.  And they can’t go in there unless they’ve got some basic training beyond what they received in high school.

We all want Americans getting those jobs of the future.  So we’re going to have to make sure that they’re getting the education that they need.  It starts, by the way, with just what kinds of expectation and ground rules we’re setting for kids in high school.  Right now, 21 states require students to stay in high school until they graduate or turn 18 -- 21 states.  That means 29 don’t.   I believe that’s the right thing to do, for us to make sure to send a message to our young people -- you graduate from high school, at a minimum.  And I urge others to follow suit of those 21 states.

Now, for students that are ready for college, we've got to make sure that college is affordable.  Today, graduates who take out loans leave college owing an average of $25,000.  That’s a staggering amount for young people.  Americans now owe more in student loan debt than they do in credit card debt.  There's so many Americans out there with so much to offer who are saddled with debt before they even start out in life.  And the very idea of owing that much money puts college out of reach for far too many families. 

So this is a major problem that must be fixed.  I addressed it at the State of the Union.  We have a role to play here.  My grandfather got a chance to go to college because Americans and Congress decided that every returning veteran from World War II should be able to afford it.  My mother was able to raise two kids by herself while still going to college and getting an advanced degree because she was able to get grants and work-study while she was in school.  Michelle and I are only here today because of scholarships and student loans that gave us a good shot at a great education.  And it wasn't easy to pay off these loans, but it sure wasn't as hard as it is for a lot of kids today.

So my administration has tried to do our part by making sure that the student loan program puts students before banks, by increasing aid like the Pell grants for millions of students and their families, and by allowing students to cap their monthly loan payments at 10 percent of their income, which means that their repayment schedule is manageable. 

Congress still needs to do its part by, first of all, keeping student interest rates low.  Right now, they are scheduled to double at the end of July if Congress does not act.  And that would be a real tragedy for an awful lot of families around the country.  They also need to extend the tuition tax credit for the middle class, protect Pell grants, and expand work-study programs.

But it's not enough to just focus on student aid.  We can't just keep on, at the federal level, subsidizing skyrocketing tuition.  If tuition is going up faster than inflation -- faster, actually, than healthcare costs -- then no matter how much we subsidize it, sooner or later we are going to run out of money.  So everybody else is going to have to do their part as well.  This is not just a matter of the federal government coming up with more and more money. 

That means colleges and universities are going to have to help to make their tuition more affordable.  And I’ve put them on notice -- if they are not taking some concrete steps to prevent tuition from going up, then federal funding from taxpayers is going to go down.  We’ve got to incentivize better practices in terms of keeping costs under control.  And all of you have a role to play by making higher education a higher priority in your budgets. 

Over two-thirds of students attend public colleges and universities where, traditionally, tuition has been affordable because of state investments.  And that’s something that every state takes pride in.  That’s the crown jewel, in fact, of our economic system -- is, by far, we’ve got the best network of colleges, universities and community colleges in the world. 

But more than 40 states have cut funding for higher education over the past year.  And this is just the peak of what has been a long-term trend in reduced state support for higher education.  And state budget cuts have been among the largest factor in tuition hikes at public colleges over the past decade. 

So my administration can do more, Congress can do more, colleges have to do more.  But unless all of you also do more, this problem will not get solved.  It can be done, though. 

Jack O’Malley -- where’s Jack -- Martin.  Where’s Martin?  Sorry.  I was --

GOVERNOR O'MALLEY:  I thought my son was right here.  (Laughter.) 

THE PRESIDENT:  Right, right, right.

Martin in Maryland is doing some outstanding work on this front.  He worked with the legislature to keep tuition down by controlling costs and cutting spending on college campuses, and you’re seeing a real impact -- from the flagship University of Maryland all the way down.  And a lot of you are starting to experiment with this as well. 

We can’t allow higher education to be a luxury in this country.  It’s an economic imperative that every family in America has to be able to afford.  And frankly, I don’t think any of this should be a partisan issue.  All of us should be about giving every American who wants a chance to succeed that chance.  (Applause.)

So let me wrap up by saying a few weeks ago I held, right here in this room and in the adjoining room, one of my favorite events and that is the White House Science Fair.  We invited students from a lot of your states and they showcased projects that covered the full range of scientific discovery. 

We had a group of kids from Texas, young Latino women, who came from the poorest section of Texas and yet were winning rocket competitions.  And they were so good because they could only afford one rocket, so they couldn’t test them and they had to get it just right.  (Laughter.)  And their parents ran bake sales just so they could travel to these events. 

You had a young woman who was from Long Island, had been studying mussels and wanted to be an oceanographer, and won the Intel Science Award while she was homeless.  Her family had lost their home and she was living out of a car and out of her family’s -- on her family’s couch, and yet still was able to stay focused and achieve what was just remarkable. 

There was a kid -- the kid who actually got the most attention was a young man named Joey Hudy of Arizona.  That’s because Joey let me fire off a extreme marshmallow canon.  (Laughter.)  We did it right here in this room.  We shot it from here.  We pumped it up -- it almost hit that light.  (Laughter.)  I thought it was a lot of fun.  (Laughter.)  And while the canon was impressive, Joey left a bigger impression because he had already printed out his own business cards -- he was 14-years-old.  And he was handing them out to everybody, including me.  (Laughter.)  He’s on our short list for a Cabinet post.  (Laughter.)   

Under his name on each card was a simple motto:  “Don’t be bored, do something.”  Don’t be bored, do something.  Don’t be bored, make something. 

All across this country there are kids like Joey who are dreaming big, and are doing things and making things.  And we want them to reach those heights.  They're willing to work hard.  They are willing to dig deep to achieve.  And we’ve got a responsibility to give them a fair shot.  If we do, then I’m absolutely convinced that our future is going to be as bright as all of us want. 

So this is going to be something that I want to collaborate with all of you on.  If you’ve got ideas about how we can make our education system work better, I want to hear them today, and Arne Duncan is going to want to hear them for the rest of the time that he’s Education Secretary and the rest of the time I’m President.

Thank you very much, everybody.  (Applause.)

END                                                      
11:47 A.M. EST

The White House

Office of the First Lady

Remarks by the First Lady and Dr. Biden Discussing Military Spouse Employment at National Governors Association Annual Meeting

State Dining Room

10:49 A.M. EST

DR. BIDEN:  Thank you.  (Applause.)  Thank you, David, and thank you all for coming.  It was great to see you all here last night -- what a wonderful evening.  And we're so delighted to have you here again at the White House this morning.

The last time we were together, Michelle and I talked to you about our idea for the Joining Forces initiative:  to honor, recognize and support military families.  And in this last year, we've made tremendous progress.  Since we launched Joining Forces in April, we've been so delighted by the response from Americans all over this country.  Businesses have hired tens of thousands of veterans and military spouses.  Medical schools have committed to educate their students about post-traumatic stress and traumatic brain injuries.  Schools, community organizations and Americans of every age and background have sent care packages, donated childcare, and created community celebrations for the military families in their neighborhoods.

These Americans are stepping up because they appreciate how much our military spouses and families do for our country every day.  What we have seen since launching Joining Forces has been truly gratifying, because it has shown our military families that all of us appreciate their sacrifices on their behalf.

But there is more to do.  We would like to talk to you today about one of the top concerns we hear from military spouses wherever we go:  professional licensing.  I know that many of you hear from folks in your state as well. 

A few days ago, Michelle and I went to the Pentagon to help unveil a new report from the Departments of Defense and Treasury about professional licensing for military spouses.  The report found that military spouses move 10 times more than their civilian counterparts, and that 35 percent of spouses in the workforce are in jobs that require a professional license.  Because military transfers often require spouses to move from state to state, the issue of license portability is a real challenge for military spouses.  As Michelle will discuss, there are ways we can work together to ease this burden, and we look forward to doing just that.

So thank you all for what you're doing in your home states, and please join me in welcoming my dear friend and partner in Joining Forces, First Lady Michelle Obama.  (Applause.)

MRS. OBAMA:  Good morning, everyone, and welcome back.  I hope everybody got a little sleep.  (Laughter.)  Just a little bit.  But we had a terrific time last night.  And the mood was good, and hopefully you all enjoyed yourselves as well.  It's always wonderful to host you for this weekend.

I want to thank Jill, not just for her introduction but for just being a terrific partner and, more importantly, a friend over the past few years, and on this issue in particular.  As a Blue Star mom, Jill knows these issues as well as anyone.  And she has been just a terrific champion, and on ensuring that we're moving things forward.

Now, as Jill has said, this new licensing portability initiative is one of the most important and meaningful issues that we've addressed through Joining Forces.  It is the number-one frustration that Jill and I hear about every time we visit with military spouses -- and that’s really saying something.  Because the truth is, is that these women and men are facing plenty of very serious challenges in their lives.  They are raising their kids and running their household, oftentimes alone, while they have a spouse deployed.  These are the folks who are cooking those meals, they're leading the PTA, they're answering all those questions from their children about when mom or dad will be coming home.  And many of them are doing all of this while trying to hold down full-time jobs.

But the truth is that no matter what is on their plates -- and this is what always impresses us -- no matter what their country asks of them, these men and women, they never complain.  They never complain.  And I know that many of our spouses understand that when they interact with military families.  These people never ask for much.  They just keep pushing forward.

So when they do bring something to our attention, when they do come to Jill and I and they ask for our help, when they do let us know that something is a real problem for them, then we know it's serious.  We know it's time for us to take a look and figure out whether there's something that we can do.  And when you hear about how -- some of these licensing stories, what's going on, then you start to understand why they’re beginning to get frustrated.

So take the story of Kelly Crowley.  Kelly is a nurse, she’s an army wife and she’s an expectant mother.  She has been married to her husband for four years and in those four years -- and this is very typical -- Kelly has lived in three different states, which means that every year or so she’s had to gather up her college transcripts, sign and notarize a pile of documents, and pay application costs, and then wait for all of that to clear.

And she estimates that the constant moves have cost her about six months of paychecks.  Six months of paychecks from a woman who wants to work, a woman serving our country.  Six months of paychecks.  And the whole process can be so cumbersome that she’s not even sure that she’s going to go through it again for her family’s next assignment.  She’s ready to walk away from her career because the burdens are so great.

And of course this doesn’t just happen to nurses -- it is happening to teachers, it’s happening to childcare providers, accountants, real estate brokers, dental hygienists, social workers -- I mean, go on and on.  Think of the careers that require some level of licensing and these men and women are being affected.  And in total, more than 100,000 military spouses are affected by this maze of credentialing and requirements -- 100,000 men and women.  And far too often they’re forced to take entry-level classes, or pay hundreds of dollars in fees, or wait weeks or months for their paperwork to be processed all before they can even get a job; can’t even work until all this is done.

And the vast majority of these spouses are clearly qualified -- this isn’t an issue of these men and women being qualified and ready to work.  They’ve got the right skills, they’ve worked in their fields for years, many of them, but so often that doesn’t matter.  It doesn’t count.  Their skills still go unused and, more importantly, their families go without the crucial source of income that so many of them need.  Many of these families survive because they have two incomes.  And unfortunately many career ambitions are just derailed.  So, again, you can see why many of these spouses are frustrated.

Now I want to emphasize that these state standards are extremely important.  They ensure that our professionals meet a level of excellence that gives us all peace of mind when we step into a hospital or we sign our kids up for school.  So I want to be clear that we are not asking any state to change a single professional standard.  And we’re certainly not asking anyone to set a lower bar for our military spouses -- they’re the first ones who don’t want exceptions to the rule for them.  But what we are asking is for a level playing field.  We just want to make sure that these spouses have a fair shot to pursue their careers and support their families.

And of course that’s where all of you come in.  Each of you has a unique opportunity to make a real difference for these families that have given all of us so much.  Some of you have already done this -- some of you have already stepped up, including Governor Gregoire in Washington, Governor Scott in Florida, Governor Nixon in Missouri, Governor Parnell in Alaska.  In total, 12 governors have signed legislation to fix these licensing issues for military spouses, and of course we want to thank you all for leading the way.

And here’s what’s important:  Each of those 12 states found its own solution, whatever worked for them.  Some states are doing things like granting temporary licenses so that military spouses can get to work right away.  Others have given state licensing boards or agencies increased flexibility to grant licenses to military spouses who clearly demonstrate their competence.  And still others have found ways to grant licenses upon application and then verify the documentation as the spouse earns a paycheck.

And many more states are working on legislation as we speak -- California, Louisiana, Illinois and Wyoming have introduced bills in the last two weeks.  Governor Brownback just signed Kansas’ bill on Valentine’s Day, a lovely gift.  But roughly half of the country still hasn’t taken this issue on.  And that's why Jill and I are here today.

As part of Joining Forces, we have set what we hope is an ambitious but achievable goal in that, by 2014, we would love to see all 50 states having passed their own legislation to address this issues -- by 2014.  The goal is a key priority for this administration.  Secretary Panetta is behind it.  General Dempsey and all of the Joint Chiefs are behind it.  The President, of course, the Vice President -- they don't have a choice.  (Laughter.)  But they do support it.  (Laughter.)

But the people who have the biggest impact are right here in this room.  Truly, you all have the power in this instance.  No one can make a difference on this issue like all of you -- no one.  And I’m not just talking about those of you with "Governor" behind your name.  You’re really important and all, but we also have wonderful first spouses. 

I mean, just look at what First Lady Jane Beshear has done in Kentucky.  Now, Jane has formed a statewide team of military spouses who are tackling issues like education and employment in that state.  She’s worked with state higher education leaders to streamline admissions processes for military spouses.  She has testified in front of the state house.  And she has done all of this in just a year.

In fact, Jane told me that after the last governors’ spouses, she was so moved by what we had talked about that she went back to her state and she figured out exactly what she could do to push this issue ahead.

So every single person in this room has a role to play in supporting our military families.  And I am here, as well as Jill, to ask for your help -- as simple as that.  If your state has not addressed license portability for military spouses yet, today I want to ask you to make this issue a priority.  Work with the leaders in your states to get a bill introduced.  Use your bully pulpit to get it passed.  Share military spouses' stories with your local media and your state legislators. 

If you have already passed a law in your state, we encourage you to reach out to one or two of your fellow governors or spouses who are just getting started.  Share your experience.  Encourage them along the way.  Help us finish this job.  And we will be helping as much as we can.  We have a plan in place to be supportive.  Like Jill said, the report from the Department of Defense and Treasury is full of wonderful tips and best practices to help all of you find solutions that work for your state.  And that’s really the point.  There is no one-size-fits-all solution here.  And this report is really designed to offer some ideas to get things started.

Your staffs have received a copy of this report already, and all of your spouses will get one today as well.  And on top of that, the Defense Department's team of state liaisons are here to help you craft legislation, if needed, and usher it through your state houses.  In fact, we've got Ed Kringer -- Ed, where you are sitting, Ed?  Ed is here from the Department of Defense, and Ed will be available after this session to answer any questions to help get you started in the process.

And Jill and I are going to keep working, keep the light on this issue.  We're also going to be working with groups like the American Bar Association and the National Military Family Association to support your efforts at the grassroots level.  They all stand ready to try to find ways to be helpful on this issue.  So you're not in this alone.  Joining Forces has been a wonderful instrument just to raise the bar, to shine a light on these issues.  And we will continue to use this platform to be supportive and proactive.

And that’s really the thing about supporting military families that Jill and I have discovered through our work:  It is something that everyone can get behind.  It really is.  Everyone feels this, and if they don’t, they just don’t know the stories.  And once they hear the stories, they're right there.  That is what we have seen since the day we first started Joining Forces.  No matter who you are or where you come from, we are all so proud of our men and women in uniform and their families.  We all are, and we all want to do everything we can to honor and to support these men and women, and these wonderful children who are sacrificing right alongside of their parents.

And taking on this licensing issue is a perfect way to do just that.  It’s really the perfect opportunity because if we fix this, we don't just support our military spouses as they advance in their careers, which is important, but we’ll also be supporting their families who really depend on these incomes.  We will be supporting the entire military, which can more easily retain married troops if their spouses can pursue their career.  This is a retention issue.

We’ll be infusing our schools and our hospitals and our businesses with much needed, talented and experienced workers who are ready to be out there doing the job.  We will be strengthening our economy by lowering our unemployment rate and increasing our productivity by getting these hundreds of thousands of men and women into the workforce.

And you all can do all of this -- here’s the punch line -- with little or no cost.  Little or no cost.  It’s one of those things that, again, doesn't -- as other state governors will share, it doesn't have to kill the budget, and it can be done in a bipartisan way, even more importantly.  All it takes is a leader who can lead the charge for these families who serve our country so bravely.

These men and women have risked so much for all of us.  They do it for each and every one of us, and they ask so little in return, so very little.  So when they call on us, we have got a solemn obligation to answer that call.

In two years, what I hope we are able to say -- we can look these men and women in the eye and say, we heard you and we acted.  We heard you.  The one -- the few things you’ve asked for, we heard you, and we all stepped up as a nation to make it happen.  And that's really what Joining Forces is all about.

So we look forward to continuing these efforts to working with all of you in the months ahead to serve our military families as well as they serve us.  So we will be there.  We’re going to be checking in.  We’re going to nag a little bit and poke, make a few calls.  You have not heard the last of us.  (Laughter.) 

But we are excited by what this will mean to so many of these men and women.  That is the one thing we hear.  Many of them just say thank you -- thank you for recognizing that we exist and that these issues are important to us. 

So we look forward to seeing this goal achieved by 2014, and we’ll be talking to your spouses more about this shortly at lunch.

So thank you all, and take care.  (Applause.)

END
11:09 A.M. EST

The White House

Office of the Press Secretary

Remarks by the President and Governor Dave Heineman of Nebraska in an Exchange of Toasts at the 2012 Governors' Dinner

State Dining Room

7:18 P.M. EST
 
 THE PRESIDENT:  Good evening, everybody.  Welcome to the White House.  (Laughter.)  Did I hear an “aloha” back there?  Yes.  (Laughter.)  All right, Neil.  (Laughter.)
 
Let me begin by acknowledging your outstanding chair, Dave Heineman, who’s doing an outstanding job in the great state of Nebraska, as well as your vice chair, Jack Markell, of the great state of Delaware, for their hard work.
 
I have heard that you’ve had some very productive meetings this weekend.  I’m looking forward to having you back tomorrow.  We’ll be able to discuss a wide range of policy.
 
But tonight it’s about having some fun.  We’ve got the help of the great Dianne Reeves, who is going to be here, and we’ll be hearing from later on.  (Applause.)  So I’m going to be brief, because although some may disagree, she has a better voice than I do.  (Laughter.)
 
I’ve always said that governors have one of the best but also one of the toughest jobs around.  On the one hand, you guys are in charge, which means that folks know where you live and they know how to find you if something doesn’t work.  (Laughter.)  They expect you to deliver when times are tough.  But you’re also in a position to make real and lasting change every single day.  You’re where rubber hits the road.  And as a consequence, you can see your streets safer, your schools doing better by our children, our businesses growing faster, and our communities growing stronger because of the work that you do each and every day.
 
In recent months, I’ve had the privilege of seeing first-hand some of the outstanding work that you’re doing in your respective states.  I’ve seen the kinds of businesses that are growing in states like Iowa and Washington.  I’ve seen states like Florida who are really doing great work increasing tourism and developing renewable energies.   I often get a chance to go to Virginia and Maryland and states in the vicinity, where community colleges are doing a wonderful job retraining our people for the jobs of the future.
 
So every time I get a sense of what’s happening in your states, I’m reminded that progress is possible.  And I want you to know that you’ve got a partner here in the White House.  We’re not going to agree on every single issue, every single day.  But the thing about governors is that by nature, and if not by nature then by virtue of the position, you end up having to be pragmatic, because you have to figure out what works.  And that’s why I’m confident that we’re going to be able to find more and more common ground going forward.  (Applause.)
 
So I want everybody to have a great time tonight.  By the way, you all look fabulous.  (Laughter.)  You clean up very well.  This house has actually seen its share of good times.  The story goes that after the inauguration, Andrew Jackson opened the White House to the public and was nearly crushed by the crowd.  As things started getting out of hand, the staff decided to pass barrels of ice cream and whiskey out the window  -- (laughter) -- to get people out on the lawn, so they wouldn’t cause damage and break the chandeliers and the furniture.
 
So I just want you to know, in case things get rowdy, we also have a barrel standing by.  (Laughter.)
 
But now I’d like to propose a toast –- to all the governors for your outstanding work, but especially to all the spouses who put up with us.  Cheers.  Thank you so much.
   
Cheers, everybody.  All right.  I hope you guys have a wonderful time.  Let’s serve it up.  (Laughter and applause.)
 
MR. HEINEMAN:  Mr. President, thank you very much.  Now, I want you to know this is not a rowdy group.  They’re on their best behavior tonight.  (Laughter.)
 
On behalf of the nation’s governors and our guests here tonight, we are delighted to be with you.  We appreciate the opportunity to join you and the First Lady.
 
We look forward to seeing you again tomorrow to discuss the important issues we face as a nation.  However, as you said, tonight is an opportunity to enjoy each other’s company and to celebrate how fortunate we are to live in the United States of America.  (Applause.)
 
America is the land of opportunity, and each of us are grateful for the opportunity to lead our states.  And I can say personally, as a young man growing up in Wahoo, Nebraska, I never dreamed that I’d be here in the White House tonight.
 
We believe in public service, and Mr. President, we want to thank you and the First Lady for your service to our country.  (Applause.)  For you and for us, it is an honor and privilege to serve the citizens of this great country.
 
And now I’d like to propose a toast.  Ladies and gentlemen, on behalf of the nation’s governors, I propose a toast to the President of the United States and the First Lady.
 
END
7:23 P.M. EST
 

The White House

Office of the Press Secretary

Remarks by President Obama and Prime Minister Thorning-Schmidt of Denmark after a Bilateral Meeting

The Oval Office

3:41 P.M. EST

PRESIDENT OBAMA:  Well, I want to welcome Prime Minister Thorning-Schmidt to the White House and to the Oval Office.  This is the first time that we've had a chance to meet, but obviously we've been very impressed with the first five months of her prime ministership.  I shared with her how much Michelle and I appreciated the extraordinary hospitality that was shown to Michelle and I when I visited Copenhagen in the past.  And I also wanted to just say how much we appreciate the great alliance and partnership that we have with the Danish people on a whole range of international issues.

Obviously, most recently, the operations in Libya could not have been as effective had it not been for the precision and the excellence of the Danish armed forces and their pilots.  But that's fairly typical of the way that Danes have punched above their weight in international affairs.

In Afghanistan, I thanked the Prime Minister for the extraordinary contributions of Danish troops in the Helmand area.  They operate without caveat, have taken significant casualties, for which obviously all of us extend our condolences to the families that have been affected.  But because of the outstanding work that's been done by Danish soldiers in Afghanistan, we're seeing great progress in the areas where they operate. 

We had a chance to talk about the economy.  As we were exchanging notes, it turns out that, like folks here in the United States, everybody in Denmark wants to talk about the economy all the time, and jobs and growth.  And we agreed that there has been some progress in resolving the sovereign debt issues, that there has been some progress with respect to the agreements between the EU and the IMF and Greece, the new government in Italy, new governments in Spain and Portugal are all making significant progress, but that there's a lot more work to do.  And we will be consulting closely with Denmark. 

And we exchanged ideas on how we can ensure not only economic stability in Europe but also growth in Europe, because if Europe is growing then that benefits the U.S. economy as well.  And we emphasized other additional ways that we can encourage trade and reduce economic frictions between the two sides of the transatlantic relationship.

In preparation for our meeting in Chicago, at NATO, in my hometown, we talked about the transition that was already agreed to in Lisbon, when it comes to putting Afghans in the lead in security over the next several years.  And we are going to be consulting with not only Denmark but our other allies in making sure that that is a smooth transition and one that is sustained, where we continue to help the Afghan government to support its own sovereignty and effectively control its borders.

We also discussed the extraordinary counterterrorism cooperation that's taking place between our two countries.  And I thanked the Prime Minister for the excellent work that her intelligence team has done.  We are in constant communication on a whole host of issues.  The Danes are very much one of the leaders when it comes to counterterrorism, and are obviously familiar with the significant threats that are posed by terrorism.  So we appreciate that very much.

And we had a chance to talk about a wide range of international issues, including the situation in Syria.  And I have to say that all of us who've been seeing the terrible pictures coming out of Syria and Homs recently recognize it is absolutely imperative for the international community to rally, and send a clear message to President Assad that it is time for a transition, it is time for that regime to move on, and it is time to stop the killing of Syrian citizens by their own government.

And I'm encouraged by the international unity that we are developing -- the meetings that took place in Tunisia that Secretary Clinton attended.  And we are going to continue to keep the pressure up, and are looking for every tool available to prevent the slaughter of innocents in Syria.  And this is an area where I think the Prime Minister and I deeply agree -- it's important that we not be bystanders during these extraordinary events. 

At the same time, there are other threats in the region, including the situation in Iran.  And I thanked the Prime Minister and the Danish government for their leadership role in applying the toughest sanctions we've ever seen coming out of the EU.  Difficult sanctions to apply, but we both agree that we're making progress and they are working in sending a message to Iran that it needs to take a different path if it wants to rejoin the international community, and that there is a expectation on the part of the world that they abide by their international obligations when it comes to their nuclear program.

So the final thing we talked about was the fact that we both have two daughters; they're roughly the same ages.  (Laughter.)  We traded notes.  The Prime Minister's daughters are slightly older than Malia and Sasha.  She assures me that they continue to behave themselves, even well into their teenage years.  So I'm encouraged by the report. 

PRIME MINISTER THORNING-SCHMIDT:  Good.  (Laughter.)

PRESIDENT OBAMA:  And I thank you very much.  I hope that you have a wonderful stay while you're here, and we look forward to working with you again in the near future.

PRIME MINISTER THORNING-SCHMIDT:  Thank you, Mr. President.  And thank you so much for your kind words.  And the Danish people have a very strong sense of closeness to the United States, and we always have had that sense.  We have close economic, political ties with each other.  But not only that, we exchange tourism, students, ideas, and culture.  But perhaps most important of all, we have -- we share common values.  And I think in a turbulent time, this is very, very important.

So basically, the friendship and the alliance between our two countries is in very good shape right now.  And I thank you for that.

As you said, we discussed the current situation.  Denmark holds the presidency of the EU right now, and we talk about the debt situation most of the time, in Europe.  I conveyed the message to the President that I am convinced that we will see ourselves through this crisis.  We have now put some very important measures in place.  We have fiscal conservation, we have reforms, and we have focus on growth and jobs right now.

In doing that, in this endeavor, I think a closer transatlantic relationship will be important.  We are dependent on each other and we should have closer trade with each other, and I think that would be part of creating sustainable growth in our own countries. 

As you were saying, Mr. President, we also have close ties in terms of security.  It is clear -- it has been for a long time -- that Danish soldiers are serving alongside American soldiers in Afghanistan, and I used the opportunity today to thank you and the American people for the great effort you have put in Afghanistan.  It is greatly appreciated worldwide.  And I know that the Danish people really appreciate the global leadership that you and your people have taken also within that context.

I look forward, of course, to coming back to the States, to your hometown, Chicago, to participate in the NATO summit.  And what we will be discussing there is Afghanistan, of course.  One of the major issues there is transition to the next phase in Afghanistan, and where -- what we want to see is the Afghans taking responsibility for their own security.  And we are, in Europe, with all the Danish leadership, trying to gather donors in this -- in securing that the Afghans are capable of taking over their own security.

We have some great samples of our alliance.  We have worked together, again, in Libya, where we made sure that Libya came out on a path of democracy.  And I think, again, the Americans showed leadership in that context.

Another area that we discussed, as you’ve said, was Syria, which is quite the opposite situation.  It is horrendous what we see in Syria right now.  But I think it is also very, very true that we have worked together in that area.  We must continue that endeavor, and just today we have seen that, of the leadership of the League of Arab States, there has been a step forward in trying to put pressure on Syria, which is very, very important.  The same goes for Iran. 

Another area in security where we work together is in terms of piracy, and I used the opportunity of thanking sincerely the President for the courageous operation that led to the freeing of two aid workers that worked for the Danish Refugee Council.  They are now safe because of the Americans.  Thank you for that.

So basically our security -- our cooperation in terms of security are very great indeed. 

I will finish here just by saying that I think our meeting here today has confirmed the friendship and the alliance between our two countries.  There’s a lot we can do that -- you're always welcome to come to Denmark -- and I think it is very, very important that we have these kind of meetings to renew the friendship, and this is what you’ve done today. 

Thank you.

PRESIDENT OBAMA:  Thank you very much, everybody. 

END
3:51 P.M. EST

The White House

Office of the Press Secretary

Remarks by the President at a Campaign Event

Private Residence

9:00 P.M. EST

THE PRESIDENT:  Thank you, everybody.  Everybody, please have a seat.  Have a seat.  First of all, I just want to thank Vince and the whole family for setting up this unbelievable event.  This is a nice gym.  (Laughter.)  So Vince said that he left the other side open in case I wanted to get in a dunk contest with him.  But I told him I didn’t bring my sneakers, so not tonight.  (Laughter.) 

But Vince has been so generous, along with his mom and the whole family, for the last couple of years.  And it's a huge treat for me because I'm such a fan of his ever since he was playing for the Tar Heels.  I know Reggie Love is not here so I can praise the Tar Heels.  (Laughter.)  But always conducting himself with such dignity and class, and now doing such great work with the Mavericks.  I know that Mark Cuban is pretty happy about having Vince around.  (Applause.)

I see a lot of other friends in the room.  Alonzo and Tracy have been there for me every time I've come to Florida.  I could not be more grateful for that.  Magic and Cookie, wherever I go in California they're there for us.  Chris is helping out on our Fitness Council and allowed me to cross over on him when we played during my birthday.  (Laughter.)  He insists that he could have stolen the ball at any time.  (Laughter.)  But I'm going to still claim it. 

In addition, I want to make sure that I acknowledge, first of all, the Mayor of Orlando, Buddy Dyer is here.  (Applause.) An outstanding senator for Florida, but also just a great senator for the country -- Bill Nelson is here.  (Applause.)  And I always have to remind people Bill was an astronaut before he was a senator.  So being a senator is cool.  Being an astronaut is cooler.  (Laughter.)  And his lovely wife, Grace -- it's wonderful to see you.

And the chair of the Democratic National Committee, Debbie Wasserman Schultz is here.  (Applause.)  So we love Debbie.

I also understand that Commissioner Stern is here.  And I just want to say that -- (applause) -- thank you so much for settling the lockout.  (Laughter.)  Because I don't know what I would be doing with myself if I didn’t at least have some basketball games around.  And obviously we're looking forward to the All-Star game.  The game down in Miami is tight, by the way. I just -- I was checking on the score as I was flying up.

We've gone through three of the toughest years this country has gone through in my lifetime.  And there are a lot of people who are still hurting all across the country -- a lot of people here in Florida, a lot of people everywhere.  There are still folks whose homes are underwater because the housing market collapsed.  There are people who are still struggling because they can't find a job.  There are folks who are just barely able to make ends meet.  And obviously those of us who are here, we've been incredibly blessed.  But one of the great things about America and one of the great things about those who are in professional sports is we've all got cousins, uncles, family members who are still struggling and are a reminder that we have a lot more work to do.

The good news is that the country has begun to move in the right direction.  So when I took office we were losing 750,000 jobs a month; last month we gained 250,000.  (Applause.)  We stabilized the financial system.  We've now created 3.7 million jobs over the last two years.  Businesses are starting to invest again.  Consumer confidence is up.  People are buying tickets to the games.  And there's a general sense that we may have weathered the worst of the storm.

That's the good news.  The challenge, though, is when I ran in 2008, it wasn’t just to tread water, it wasn’t just to avert a Great Depression and then get back to where we were in 2007 and 2008, because people were already struggling then.  There were too many communities where if a child was born in poverty, they didn’t have any ladders to get out; where middle-class families were struggling to get by, even though now you had both mom and dad working and they still didn’t have enough in their paychecks to be able to make ends meet.

A few people were doing very well.  And what used to be the core of America's middle class felt like it was falling behind.  And so, as a consequence, even as we've made sure to do everything we can to dig ourselves out of this incredible hole that I inherited, even as we have strengthened the economy and focused like a laser on how do we put people back to work, we've also tried to say, how do we rebuild America in a way where everybody has got a fair shot, everybody is doing their fair share, everybody is playing by the same set of rules, everybody who is willing to take responsibility and work hard, they can get ahead?  And that's been our challenge.

And so, in addition to the stuff that we've done to make sure that folks are getting back to work, we've also said nobody should go bankrupt because they get sick in this country, and we were able to pass a health care bill that is already providing 2.5 million young people insurance who didn’t have it before, and by the time it's fully implemented, will give 30 million people health insurance -- the kind of security that we take for granted where if our child gets sick or a family member falls ill, that they know that they're going to be able to get well without having to lose their home.

That's why we focused on education, and we've said that not only do we want to improve K through 12 so that every child is getting the basics -- math and science and English -- but we want everybody to be able to go to college.  And we took $60 billion that was going to -- that was being channeled to the banks as subsidies through the student loan program and we said let’s take that money and give it directly to students so that we could expand Pell grants and we could make sure that every -- young people who want to go to college can afford to do so.  Because right now, actually, student loan debt is higher than credit card debt in this country.  And it’s a huge burden on the next generation and we have to start relieving it.
 
We said, we’ve got to have an energy policy that makes sense and that includes developing oil and gas resources in this country, but it also means focusing on clean energy.  And here in Florida, we’ve seen enormous progress on things like solar and wind and biodiesel.  But we’ve got to do more -- making sure that our cars are more energy efficient, making sure that we’re not prey to every year right around this time oil spiking because something is going on in the Middle East, and our whole economy is suddenly vulnerable.
 
And we focused on making sure that our tax system is fair.  What I’ve said consistently is, look, I don’t like paying taxes any more than anybody else does and I’m the President.  Now, here’s the thing about being President, you pay every dime.  You don’t take advantage of any loopholes -- (laughter) -- because everybody sees your income tax returns.  So I’m probably in the top bracket in every category.
 
But what I’ve said is Michelle and I have been so blessed, we can afford to do a little bit more to make sure that the next generation is able to come back up, is able to achieve their dreams the same way Michelle and I did.  Because we think about our stories.  I was raised by a single mom.  Michelle was raised by a blue-collar worker and a secretary.  My mother-in-law, even though she lives with us now, she's kept her home back in Chicago.  It’s now her house, but when they were growing up it was actually my mother-in-law’s sister’s house and Michelle’s family lived on the top floor, the second floor of this bungalow. It couldn’t have been more than 600 square feet where four people grew up.
 
And yet, she was able to go to a quality public school, go to Princeton, go to Harvard Law School, because somebody made an investment in her.  Somebody said, you know what, we want to make sure everybody has opportunity.  And that’s the same way I was able to get ahead, is because somebody made an investment in me. 

And so what I’ve said is, as President, we welcome success. We want somebody like a Vince Carter to be able to build a house like this.  But we want to make sure that that next generation is able to do just as well, because they’re young people just as -- they might not have the same vertical as Vince -- (laughter) -- but they’ve got the same talents in something else -- maybe in science, maybe in the arts, maybe in engineering, maybe they could be a doctor or a lawyer.  And I don’t want to pull up the ladder behind me.  And I don’t think anybody here does either.
 
And that’s what’s at stake in this election.  What’s at stake in this election is whether we as a country are going to continue to look out for one another and be able to say that it doesn’t matter what you look like, where you come from, what your name is, that if you’re willing to work hard you can get ahead. 

And that is an experience that is true for everybody in this room at some level.  Somewhere in your past you had an immigrant mother or grandmother or great-grandmother or great-grandfather who came to this country with not much and was able to create a life for themselves.  And in the debate that’s going to be unfolding over the next several months, you seem to see a philosophy on the other side that says basically, you know what, it’s fine if a few of us do well and everybody else is struggling. 

And that’s not how America got built.  That’s not what makes America strong.  The reason we were the envy of the world is because we had this massive middle class, and you could get rich here in America, but there was also the possibility of everybody getting ahead.

I love looking at Magic’s story, for example.  His dad, when you talk about basketball, you learned your work ethic from your dad, right, working every day driving a truck, right?  Well, you know what, that was a life of dignity and respect.  You weren’t a celebrity.  You might not make millions of dollars, but you could raise a family and have a home and pass on to your son those same values.

And that’s what we’re fighting for here.  That’s the struggle.  It has to do with our values and who we are as Americans.  So the good news is as I travel around the country, most Americans agree with me.
 
One of the things about being President is when things are going tough everybody looks to you and says, why haven’t you fixed it yet?  And that’s okay.  That’s what you sign up for.  As Michelle always reminds me, you volunteered for this.  (Laughter.) 

But no matter where I go around the country, whether it’s in a big city or a rural community -- north, south, east, west -- I meet the most incredible people and they still have confidence and optimism in America’s possibilities.   They get frustrated with Washington, but they still believe in what we can accomplish as a country when we work together.

And that’s what we’re going to continue to strive for over the next several months.  And that’s what we’re going to continue to strive for over the next five years with your help. 

So thank you very much, everybody, for being here.  I appreciate it.  (Applause.)
 
END
9:15 P.M. EST