Watch President Obama's Address To Congress
President Obama is addressing Congress this evening in what is expected to be a somber pep-talk on getting the economy right. We’ve embedded the Hulu feed, watch it and add your comments, thoughts, and reactions to this post.
“While our economy may be weakened and our confidence shaken; though we are living through difficult and uncertain times, tonight I want every American to know this: We will rebuild, we will recover, and the United States of America will emerge stronger than before…”
“The weight of this crisis will not determine the destiny of this nation…”
“The answers to our problems don’t lie beyond our reach. They exist in our laboratories and universities; in our fields and our factories; in the imaginations of our entrepreneurs and the pride of the hardest-working people on Earth.”
“Those qualities that have made America the greatest force of progress and prosperity in human history we still possess in ample measure. What is required now is for this country to pull together, confront boldly the challenges we face, and take responsibility for our future once more.”
“We have lived through an era where too often, short-term gains were prized over long-term prosperity; where we failed to look beyond the next payment, the next quarter, or the next election…”
“A surplus became an excuse to transfer wealth to the wealthy instead of an opportunity to invest in our future. Regulations were gutted for the sake of a quick profit at the expense of a healthy market. People bought homes they knew they couldn’t afford from banks and lenders who pushed those bad loans anyway. And all the while, critical debates and difficult decisions were put off for some other time on some other day.”
“Well, that day of reckoning has arrived, and the time to take charge of our future is here.”
“Now is the time to act boldly and wisely, to not only revive this economy, but to build a new foundation for lasting prosperity…”
“Now is the time to jump-start job creation, re-start lending, and invest in areas like energy, health care, and education that will grow our economy, even as we make hard choices to bring our deficit down.”
The times demand sacrifices on “some worthy priorities” by Republicans and Democrats alike, Mr. Obama said. “But that does not mean we can afford to ignore our long-term challenges. I reject the view that says our problems will simply take care of themselves, that says government has no role in laying the foundation for our common prosperity.”
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