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President Barack Obama Weekly Address January 10, 2015 (Video/Trascript )
President Barack Obama Weekly Address The White House January 10, 2015
Hi, everybody. About a year ago, I promised that 2014
would be a breakthrough year for America. And this week, we got more
evidence to back that up.
In December, our businesses created 240,000 new jobs. The
unemployment rate fell to 5.6%. That means that 2014 was the strongest
year for job growth since the 1990s. In 2014, unemployment fell faster
than it has in three decades.
Over a 58-month streak, our businesses have created 11.2
million new jobs. After a decade of decline, American manufacturing is
in its best stretch of job growth since the ‘90s. America is now the
world’s number one producer of oil and gas, helping to save drivers
about a buck-ten a gallon at the pump over this time last year. Thanks
to the Affordable Care Act, about 10 million Americans have gained
health insurance in the past year alone. We have cut our deficits by
about two-thirds. And after 13 long years, our war in Afghanistan has
come to a responsible end, and more of our brave troops have come home.
It has been six years since the crisis. Those years have
demanded hard work and sacrifice on everybody’s part. So as a country,
we have every right to be proud of what we’ve got to show for it.
America’s resurgence is real. And now that we’ve got some calmer
waters, if we all do our part, if we all pitch in, we can make sure that
tide starts lifting all boats again. We can make sure that the middle
class is the engine that powers America’s prosperity for decades to
That’ll be the focus of my State of the Union Address in a
couple weeks – building on the progress we’ve made. But I figured, why
wait – let’s get started right now.
On Wednesday, I visited a Ford plant outside of Detroit –
because the American auto industry and its home state are redefining the
word “comeback.” On Thursday, I traveled to Arizona, a state that was
hit among the hardest by the housing crisis, to announce a new plan that
will put hundreds of dollars in new homeowners’ pockets, and help more
new families buy their first home. And, I’m speaking with you today
from Pellissippi State Community College in Tennessee, a state making
big strides in education, to unveil my new plan to make two years of
community college free for every responsible student. I’m also here to
establish a new hub that will attract more good-paying, high-tech
manufacturing jobs to our shores.
Making homeownership easier. Bringing a higher education
within reach. Creating more good jobs that pay good wages. These are
just some of the ways we can help every American get ahead in the new
economy. And there’s more to come. Because America is coming back.
And I want to go full speed ahead.