Obama on the Record: State of the Economy

Obama on the Record: State of the Economy


This can’t be one of those times. The challenges are too great. The stakes are too high. I know how difficult it is for members of Congress in both parties to grapple with some of the big decisions we face right now. I’d love if these problems were coming at us one at a time instead of five or six at a time. It’s more than most Congresses and most Presidents have to deal with in a lifetime.

But we have been called to govern in extraordinary times. And that requires an extraordinary sense of responsibility — to ourselves, to the men and women who sent us here, to the many generations whose lives will be affected for good or for ill because of what we do here.

There is no doubt that times are still tough. By no means are we out of the woods just yet. But from where we stand, for the very first time, we’re beginning to see glimmers of hope. And beyond that, way off in the distance, we can see a vision of an America’s future that is far different than our troubled economic past. It’s an America teeming with new industry and commerce, humming with new energy and discoveries that light the world once more — a place where anyone from anywhere with a good idea or the will to work can live the dream they’ve heard so much about.

That is the house upon the rock — proud, sturdy, unwavering in the face of the greatest storms. And we will not finish it in one year. We will not finish it in many. But if we use this moment to lay that new foundation, if we come together and begin the hard work of rebuilding, if we persist and persevere against the disappointments and setbacks that will surely lie ahead, then I have no doubt that this house will stand and the dream of our founders will live on in our time.

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

(Source: White House)


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