President Barack Obama Weekly Address November 27, 2010 (Video/Transcipt)

The White House

Office of the Press Secretary

For Immediate Release

November 25, 2010

Weekly Address: President Obama Delivers Thanksgiving Greeting

WASHINGTON – During this holiday season, President Obama used his weekly address to give thanks for the blessings of America, in particular that distinctly American impulse to give something of ourselves and do what is required to make tomorrow better than today.  With that sense of determination and sacrifice, America has built a powerful economy, stood against tyranny, fought for equality, and connected the globe with our own science and imagination.  And by working together as one people – as Americans -- we can overcome the challenges currently facing our nation.

Today, like millions of other families across America, Michelle, Malia, Sasha and I will sit down to share a Thanksgiving filled with family and friends – and a few helpings of food and football, too.  And just as folks have done in every Thanksgiving since the first, we’ll spend some time taking stock of what we’re thankful for: the God-given bounty of America, and the blessings of one another.
This is also a holiday that captures that distinctly American impulse to give something of ourselves.  Even as we speak, there are countless Americans serving at soup kitchens and food pantries; contributing to their communities; and standing guard around the world.
And in a larger sense, that’s emblematic of what Americans have always done.  We come together and do what’s required to make tomorrow better than today.  That’s who we are.
Consider our journey since that first Thanksgiving.  We are among the world’s youngest of peoples, but time and again, we have boldly and resiliently led the way forward.  Against tough odds, we are a people who endure – who explored and settled a vast and untamed continent; who built a powerful economy and stood against tyranny in all its forms; who marched and fought for equality, and connected a globe with our own science and imagination.
None of that progress was predestined.  None of it came easily.  Instead, the blessings for which we give thanks today are the product of choices made by our parents, and grandparents, and generations before – whose determination and sacrifice ensured a better future for us.
This holiday season, we must resolve once more to do the same.
This is not the hardest Thanksgiving America has ever faced.  But as long as many members of our American family are hurting, we’ve got to look out for one another.  As long as many of our sons and daughters and husbands and wives are at war, we’ve got to support their mission and honor their service.  And as long as many of our friends and neighbors are looking for work, we’ve got to do everything we can to accelerate this recovery and keep our economy moving forward.
And we will.  But we won’t do it as any one political party.  We’ve got to do it as one people.  And in the coming weeks and months, I hope that we can work together, Democrats and Republicans and Independents alike, to make progress on these and other issues.
That’s why, next week, I’ve invited the leadership of both parties to the White House for a real and honest discussion – because I believe that if we stop talking at one another, and start talking with one another, we can get a lot done.
For what we are called to do again today isn’t about Democrats or Republicans.  It’s not about left or right.  It’s about us.  It’s about what we know this country is capable of.  It’s about what we want America to be in this new century.
A vibrant nation that makes sure its children are the best-educated in the world.  A healthy, growing economy that runs on clean energy and creates the jobs of tomorrow.  A responsible government that reduces its deficits.  An America where every citizen is able to go as far as he or she desires.
We can do all this, because we’ve done it before.  We’re made of the same sturdy stuff as the travelers who sat down to the first Thanksgiving, and all who came after – who worked, and sacrificed, and invested, because they believed that their efforts would make the difference for us.
That’s who we are.  We shape our own destiny with conviction, compassion, and clear and common purpose.  We honor our past and press forward with the knowledge that tomorrow will be better than today.  We are Americans.  That’s the vision we won’t lose sight of.  That’s the legacy that falls to our generation.  That’s the challenge that together, we are going to meet.
To every American, I am thankful for the privilege of being your President.  To all our service members stationed around the world, I am honored to be your Commander-in-Chief.  And from the Obama family to yours, have a very Happy Thanksgiving.  Thank you.

President Barack Obama Weekly Address November 20, 2010 (Video/Transcipt)

Remarks of President Barack Obama
Weekly Address
The White House
November 20, 2010

Today, I’d like to speak with you about an issue that is fundamental to America’s national security: the need for the Senate to approve the New START Treaty this year.
This Treaty is rooted in a practice that dates back to Ronald Reagan. The idea is simple – as the two nations with over 90 percent of the world’s nuclear weapons, the United States and Russia have a responsibility to work together to reduce our arsenals. And to ensure that our national security is protected, the United States has an interest in tracking Russia’s nuclear arsenal through a verification effort that puts U.S. inspectors on the ground. As President Reagan said when he signed a nuclear arms treaty with the Soviet Union in 1987, “Trust, but verify.”
That is precisely what the New START Treaty does. After nearly a full year of negotiations, we completed an agreement earlier this year that cuts by a third the number of long-range nuclear weapons and delivery vehicles that the United States and Russia can deploy, while ensuring that America retains a strong nuclear deterrent, and can put inspectors back on the ground in Russia.
The Treaty also helped us reset our relations with Russia, which led to concrete benefits. For instance, Russia has been indispensable to our efforts to enforce strong sanctions on Iran, to secure loose nuclear material from terrorists, and to equip our troops in Afghanistan.
All of this will be put to risk if the Senate does not pass the New START Treaty.
Without ratification this year, the United States will have no inspectors on the ground, and no ability to verify Russian nuclear activities. So those who would block this treaty are breaking President Reagan’s rule – they want to trust, but not verify.
Without ratification, we put at risk the coalition that we have built to put pressure on Iran, and the transit route through Russia that we use to equip our troops in Afghanistan. And without ratification, we risk undoing decades of American leadership on nuclear security, and decades of bipartisanship on this issue. Our security and our position in the world are at stake.
Indeed, since the Reagan years, every President has pursued a negotiated, verified, arms reduction treaty. And every time that these treaties have been reviewed by the Senate, they have passed with over 85 votes. Bipartisan support for New START could not be stronger. It has been endorsed by Republicans from the Reagan Administration and both Bush Administrations – including Colin Powell, George Shultz, Jim Baker, and Henry Kissinger. And it was approved by the Senate Foreign Relations Committee by a strong bipartisan vote of 14-4.
Over the last several months, several questions have been asked about New START, and we have answered every single one. Some have asked whether it will limit our missile defense – it will not. Some, including Senator Jon Kyl, have asked that we modernize our nuclear infrastructure for the 21st century – we are doing so, and plan to invest at least $85 billion in that effort over the next ten years – a significant increase from the Bush Administration.
Finally, some make no argument against the Treaty – they just ask for more time. But remember this: it has already been 11 months since we’ve had inspectors in Russia, and every day that goes by without ratification is a day that we lose confidence in our understanding of Russia’s nuclear weapons. If the Senate doesn’t act this year – after six months, 18 hearings, and nearly a thousand questions answered – it would have to start over from scratch in January.
The choice is clear: a failure to ratify New START would be a dangerous gamble with America’s national security, setting back our understanding of Russia’s nuclear weapons, as well as our leadership in the world. That is not what the American people sent us to Washington to do.
There is enough gridlock, enough bickering. If there is one issue that should unite us – as Republicans and Democrats – it should be our national security.
Some things are bigger than politics. As Republican Dick Lugar said the other day, “Every Senator has an obligation in the national security interest to take a stand, to do his or her duty.”
Senator Lugar is right. And if the Senate passes this treaty, it will not be an achievement for Democrats or Republicans – it will be a win for America.
Thanks.

President Barack Obama Weekly Address November 13, 2010 (Video/Transcipt)

Remarks of President Barack Obama
Weekly Address
November 13, 2010

This weekend, I’m concluding a trip to Asia whose purpose was to open new markets for American products in this fast-growing part of the world. The economic battle for these markets is fierce, and we’re up against strong competitors. But as I’ve said many times, America doesn’t play for second place. The future we’re fighting for isn’t as the world’s largest importer, consuming products made elsewhere, but as the world’s largest manufacturer of ideas and goods sold around the world.

Opening new markets will not only help America’s businesses create new jobs for American workers. It will also help us reduce our deficits – because the single greatest tool for getting our fiscal house in order is robust economic growth. That kind of growth will require ensuring that our students are getting the best education possible; that we’re on the cutting edge of research and development; and that we’re rebuilding our roads and railways, runways and ports – so our infrastructure is up to the challenges of the 21st century.

Given the deficits that have mounted up over the past decade, we can’t afford to make these investments unless we’re also willing to cut what we don’t need. That’s why I’ve submitted to Congress a plan for a three-year budget freeze, and I’m prepared to offer additional savings.  But as we work to reform our budget, Congress should also put some skin in the game. I agree with those Republican and Democratic members of Congress who’ve recently said that in these challenging days, we can’t afford what are called earmarks. These are items inserted into spending bills by members of Congress without adequate review.

Now, some of these earmarks support worthy projects in our local communities. But many others do not. We can’t afford Bridges to Nowhere like the one that was planned a few years back in Alaska. Earmarks like these represent a relatively small part of overall federal spending. But when it comes to signaling our commitment to fiscal responsibility, addressing them would have an important impact.

As a Senator, I helped eliminate anonymous earmarks and created new measures of transparency so Americans can better follow how their tax dollars are being spent. As President, time and again, I’ve called for new limitations on earmarks. We’ve reduced the cost of earmarks by over $3 billion. And we’ve put in place higher standards of transparency by putting as much information as possible on earmarks.gov. In fact, this week, we updated the site with more information about where last year’s earmarks were actually spent, and made it easier to look up Members of Congress and the earmarks they fought for.

Today, we have a chance to go further. We have a chance to not only shine a light on a bad Washington habit that wastes billions of taxpayer dollars, but take a step towards restoring public trust. We have a chance to advance the interests not of Republicans or Democrats, but of the American people; to put our country on the path of fiscal discipline and responsibility that will lead to a brighter economic future for all. And that’s a future I hope we can reach across party lines to build together.

Thanks everybody, and have a great weekend.

Divided We Fail

Op-Ed Columnist 
Divided We Fail
Found in The New York Times 
By PAUL KRUGMAN

Published: October 28, 2010

Barring a huge upset, Republicans will take control of at least one house of Congress next week. How worried should we be by that prospect?  Not very, say some pundits. After all, the last time Republicans controlled Congress while a Democrat lived in the White House was the period from the beginning of 1995 to the end of 2000. And people remember that era as a good time, a time of rapid job creation and responsible budgets. Can we hope for a similar experience now?

No, we can’t. This is going to be terrible. In fact, future historians will probably look back at the 2010 election as a catastrophe for America, one that condemned the nation to years of political chaos and economic weakness.
Start with the politics. 

In the late-1990s, Republicans and Democrats were able to work together on some issues. President Obama seems to believe that the same thing can happen again today. In a recent interview with National Journal, he sounded a conciliatory note, saying that Democrats need to have an “appropriate sense of humility,” and that he would “spend more time building consensus.” Good luck with that.
After all, that era of partial cooperation in the 1990s came only after Republicans had tried all-out confrontation, actually shutting down the federal government in an effort to force President Bill Clinton to give in to their demands for big cuts in Medicare.


Now, the government shutdown ended up hurting Republicans politically, and some observers seem to assume that memories of that experience will deter the G.O.P. from being too confrontational this time around. But the lesson current Republicans seem to have drawn from 1995 isn’t that they were too confrontational, it’s that they weren’t confrontational enough.
Another recent interview by National Journal, this one with Mitch McConnell, the Senate minority leader, has received a lot of attention thanks to a headline-grabbing quote: “The single most important thing we want to achieve is for President Obama to be a one-term president.” 

If you read the full interview, what Mr. McConnell was saying was that, in 1995, Republicans erred by focusing too much on their policy agenda and not enough on destroying the president: “We suffered from some degree of hubris and acted as if the president was irrelevant and we would roll over him. By the summer of 1995, he was already on the way to being re-elected, and we were hanging on for our lives.” So this time around, he implied, they’ll stay focused on bringing down Mr. Obama.
True, Mr. McConnell did say that he might be willing to work with Mr. Obama in certain circumstances — namely, if he’s willing to do a “Clintonian back flip,” taking positions that would find more support among Republicans than in his own party. Of course, this would actually hurt Mr. Obama’s chances of re-election — but that’s the point. 

We might add that should any Republicans in Congress find themselves considering the possibility of acting in a statesmanlike, bipartisan manner, they’ll surely reconsider after looking over their shoulder at the Tea Party-types, who will jump on them if they show any signs of being reasonable. The role of the Tea Party is one reason smart observers expect another government shutdown, probably as early as next spring.
Beyond the politics, the crucial difference between the 1990s and now is the state of the economy.
When Republicans took control of Congress in 1994, the U.S. economy had strong fundamentals. Household debt was much lower than it is today. Business investment was surging, in large part thanks to the new opportunities created by information technology — opportunities that were much broader than the follies of the dot-com bubble. 

In this favorable environment, economic management was mainly a matter of putting the brakes on the boom, so as to keep the economy from overheating and head off potential inflation. And this was a job the Federal Reserve could do on its own by raising interest rates, without any help from Congress.
Today’s situation is completely different. The economy, weighed down by the debt that households ran up during the Bush-era bubble, is in dire straits; deflation, not inflation, is the clear and present danger. And it’s not at all clear that the Fed has the tools to head off this danger. Right now we very much need active policies on the part of the federal government to get us out of our economic trap. 

But we won’t get those policies if Republicans control the House. In fact, if they get their way, we’ll get the worst of both worlds: They’ll refuse to do anything to boost the economy now, claiming to be worried about the deficit, while simultaneously increasing long-run deficits with irresponsible tax cuts — cuts they have already announced won’t have to be offset with spending cuts. 

So if the elections go as expected next week, here’s my advice: Be afraid. Be very afraid.

President Barack Obama Weekly Address November 6, 2010 (Video/Transcipt)

Remarks of President Barack Obama
Weekly Address
The White House
November 6, 2010

This week, Americans across the country cast their votes and made their voices heard.  And your message was clear.

You’re rightly frustrated with the pace of our economic recovery.  So am I.

You’re fed up with partisan politics and want results.  I do too.

So I congratulate all of this week’s winners – Republicans, Democrats, and Independents.  But now, the campaign season is over.  And it’s time to focus on our shared responsibilities to work together and deliver those results: speeding up our economic recovery, creating jobs, and strengthening the middle class so that the American Dream feels like it’s back within reach.

That’s why I’ve asked to sit down soon with leaders of both parties so that we can have an extended discussion about what we can do together to move this country forward.

And over the next few weeks, we’re going to have a chance to work together in the brief upcoming session of Congress.

Here’s why this lame duck session is so important.  Early in the last decade, President Bush and Congress enacted a series of tax cuts that were designed to expire at the end of this year.

What that means is, if Congress doesn’t act by New Year’s Eve, middle-class families will see their taxes go up starting on New Year’s Day.

But the last thing we should do is raise taxes on middle-class families.  For the past decade, they saw their costs rise, their incomes fall, and too many jobs go overseas.  They’re the ones bearing the brunt of the recession.  They’re the ones having trouble making ends meet. They are the ones who need relief right now.

So something’s got to be done.  And I believe there’s room for us to compromise and get it done together.

Let’s start where we agree.  All of us want certainty for middle-class Americans.  None of us want them to wake up on January 1st with a higher tax bill.  That’s why I believe we should permanently extend the Bush tax cuts for all families making less than $250,000 a year.  That’s 98 percent of the American people.

We also agree on the need to start cutting spending and bringing down our deficit.  That’s going to require everyone to make some tough choices.  In fact, if Congress were to implement my proposal to freeze non-security discretionary spending for three years, it would bring this spending down to its lowest level as share of the economy in 50 years.

But at a time when we are going to ask folks across the board to make such difficult sacrifices, I don’t see how we can afford to borrow an additional $700 billion from other countries to make all the Bush tax cuts permanent, even for the wealthiest 2 percent of Americans.  We’d be digging ourselves into an even deeper fiscal hole and passing the burden on to our children.

I recognize that both parties are going to have to work together and compromise to get something done here.  But I want to make my priorities clear from the start.  One: middle class families need permanent tax relief. And two: I believe we can’t afford to borrow and spend another $700 billion on permanent tax cuts for millionaires and billionaires.

There are new public servants in Washington, but we still face the same challenges.  And you made it clear that it’s time for results. This a great opportunity to show everyone that we got the message and that we’re willing, in this post-election season, to come together and do what’s best for the country we all love.

Thanks.

President Barack Obama Weekly Address October 30, 2010 (Video/Transcipt)

Remarks of President Barack Obama
As Prepared for Delivery
The White House
October 30, 2010

 

Tuesday is Election Day, and here in Washington, the talk is all about who will win and who will lose – about parties and politics.
But around kitchen tables, I’m pretty sure you’re talking about other things: about your family finances, or maybe the state of the economy in your hometown; about your kids, and what their futures will bring.  And your hope is that once this election is over, the folks you choose to represent you will put the politics aside for a while, and work together to solve problems.
That’s my hope, too.
Whatever the outcome on Tuesday, we need to come together to help put people who are still looking for jobs back to work.  And there are some practical steps we can take right away to promote growth and encourage businesses to hire and expand.  These are steps we all should be able to agree on – not Democratic or Republican ideas, but proposals that have traditionally been supported by both parties.
We ought to provide continued tax relief for middle class families who have borne the brunt of the recession.  We ought to allow businesses to defer taxes on the equipment they buy next year.  And we ought to make the research and experimentation tax credit bigger and permanent – to spur innovation and foster new products and technologies.
Beyond these near-term steps, we should work together to tackle the broader challenges facing our country – so that we remain competitive and prosperous in a global economy.  That means ensuring that our young people have the skills and education to fill the jobs of a new age.  That means building new infrastructure – from high-speed trains to high-speed internet – so that our economy has room to grow.  And that means fostering a climate of innovation and entrepreneurship that will allow American businesses and American workers to lead in growth industries like clean energy.
On these issues – issues that will determine our success or failure in this new century – I believe it’s the fundamental responsibility of all who hold elective office to seek out common ground.  It may not always be easy to find agreement; at times we’ll have legitimate philosophical differences.  And it may not always be the best politics.  But it is the right thing to do for our country.
That’s why I found the recent comments by the top two Republican in Congress so troubling.  The Republican leader of the House actually said that “this is not the time for compromise.”  And the Republican leader of the Senate said his main goal after this election is simply to win the next one.
I know that we’re in the final days of a campaign.  So it’s not surprising that we’re seeing this heated rhetoric.  That’s politics.  But when the ballots are cast and the voting is done, we need to put this kind of partisanship aside – win, lose, or draw.
In the end, it comes down to a simple choice.  We can spend the next two years arguing with one another, trapped in stale debates, mired in gridlock, unable to make progress in solving the serious problems facing our country.  We can stand still while our competitors – like China and others around the world – try to pass us by, making the critical decisions that will allow them to gain an edge in new industries.
Or we can do what the American people are demanding that we do.  We can move forward.  We can promote new jobs and businesses by harnessing the talents and ingenuity of our people.  We can take the necessary steps to help the next generation – instead of just worrying about the next election. We can live up to an allegiance far stronger than our membership in any political party.  And that’s the allegiance we hold to our country.
Thank you.