Barack Obama's Weekly Address  

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  Date / Time: 2/8/2009 4:44 PM UTC

  Weekly Address January 31, 2009

  Remarks of President Barack Obama

  Weekly Address
  Saturday, January 31th, 2009

  This morning I'd like to talk about some good news and some bad news as we confront our economic crisis.
  
  The bad news is well known to Americans across our country as we continue to struggle through unprecedented economic turmoil. Yesterday we learned that our economy shrank by nearly 4 percent from October through December. That decline was the largest in over a quarter century, and it underscores the seriousness of the economic crisis that my administration found when we took office.
  
  Already the slowdown has cost us tens of thousands of jobs in January alone. And the picture is likely to get worse before it gets better.

  Make no mistake, these are not just numbers. Behind every statistic there's a story. Many Americans have seen their lives turned upside down. Families have been forced to make painful choices. Parents are struggling to pay the bills. Patients can't afford care. Students can't keep pace with tuition. And workers don't know whether their retirement will be dignified and secure.
  
  The good news is that we are moving forward with a sense of urgency equal to the challenge. This week the House passed the American Recovery and Reinvestment Plan, which will save or create more than 3 million jobs over the next few years. It puts a tax cut into the pockets of working families, and places a down payment on America's future by investing in energy independence and education, affordable health care, and American infrastructure.
  
  Now this recovery plan moves to the Senate. I will continue working with both parties so that the strongest possible bill gets to my desk. With the stakes so high we simply cannot afford the same old gridlock and partisan posturing in Washington. It's time to move in a new direction.
  
  Americans know that our economic recovery will take years -- not months. But they will have little patience if we allow politics to get in the way of action, and our economy continues to slide. That's why I am calling on the Senate to pass this plan, so that we can put people back to work and begin the long, hard work of lifting our economy out of this crisis. No one bill, no matter how comprehensive, can cure what ails our economy. So just as we jumpstart job creation, we must also ensure that markets are stable, credit is flowing, and families can stay in their homes.
  
  Last year Congress passed a plan to rescue the financial system. While the package helped avoid a financial collapse, many are frustrated by the results -- and rightfully so. Too often taxpayer dollars have been spent without transparency or accountability. Banks have been extended a hand, but homeowners, students, and small businesses that need loans have been left to fend on their own.
  
  And adding to this outrage, we learned this week that even as they petitioned for taxpayer assistance, Wall Street firms shamefully paid out nearly $20 billion in bonuses for 2008. While I'm committed to doing what it takes to maintain the flow of credit, the American people will not excuse or tolerate such arrogance and greed. The road to recovery demands that we all act responsibly, from Main Street to Washington to Wall Street.

  Soon my Treasury Secretary, Tim Geithner, will announce a new strategy for reviving our financial system that gets credit flowing to businesses and families. We'll help lower mortgage costs and extend loans to small businesses so they can create jobs. We'll ensure that CEOs are not draining funds that should be advancing our recovery. And we will insist on unprecedented transparency, rigorous oversight, and clear accountability -- so taxpayers know how their money is being spent and whether it is achieving results.

  Rarely in history has our country faced economic problems as devastating as this crisis.
  
  But the strength of the American people compels us to come together. The road ahead will be long, but I promise you that every day that I go to work in the Oval Office I carry with me your stories, and my administration is dedicated to alleviating your struggles and advancing your dreams. You are calling for action. Now is the time for those of us in Washington to live up to our responsibilities.

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• Date / Time: 1/24/2009 6:45 PM UTC

  Weekly Address January 24th, 2009

  Remarks of President Barack Obama

  Weekly Address
  Saturday, January 24th, 2009

  We begin this year and this Administration in the midst of an unprecedented crisis that calls for unprecedented action. Just this week, we saw more people file for unemployment than at any time in the last twenty-six years, and experts agree that if nothing is done, the unemployment rate could reach double digits. Our economy could fall $1 trillion short of its full capacity, which translates into more than $12,000 in lost income for a family of four. And we could lose a generation of potential, as more young Americans are forced to forgo college dreams or the chance to train for the jobs of the future.

  In short, if we do not act boldly and swiftly, a bad situation could become dramatically worse.

  That is why I have proposed an American Recovery and Reinvestment Plan to immediately jumpstart job creation as well as long-term economic growth. I am pleased to say that both parties in Congress are already hard at work on this plan, and I hope to sign it into law in less than a month.

  It’s a plan that will save or create three to four million jobs over the next few years, and one that recognizes both the paradox and the promise of this moment - the fact that there are millions of Americans trying to find work even as, all around the country, there’s so much work to be done. That’s why this is not just a short-term program to boost employment. It’s one that will invest in our most important priorities like energy and education; health care and a new infrastructure that are necessary to keep us strong and competitive in the 21st century.

  Today I’d like to talk specifically about the progress we expect to make in each of these areas.

  To accelerate the creation of a clean energy economy, we will double our capacity to generate alternative sources of energy like wind, solar, and biofuels over the next three years. We’ll begin to build a new electricity grid that lay down more than 3,000 miles of transmission lines to convey this new energy from coast to coast. We’ll save taxpayers $2 billion a year by making 75% of federal buildings more energy efficient, and save the average working family $350 on their energy bills by weatherizing 2.5 million homes.

  To lower health care cost, cut medical errors, and improve care, we’ll computerize the nation’s health record in five years, saving billions of dollars in health care costs and countless lives. And we’ll protect health insurance for more than 8 million Americans who are in danger of losing their coverage during this economic downturn.

  To ensure our children can compete and succeed in this new economy, we’ll renovate and modernize 10,000 schools, building state-of-the-art classrooms, libraries, and labs to improve learning for over five million students. We’ll invest more in Pell Grants to make college affordable for seven million more students, provide a $2,500 college tax credit to four million students, and triple the number of fellowships in science to help spur the next generation of innovation.

  Finally, we will rebuild and retrofit America to meet the demands of the 21st century. That means repairing and modernizing thousands of miles of America’s roadways and providing new mass transit options for millions of Americans. It means protecting America by securing 90 major ports and creating a better communications network for local law enforcement and public safety officials in the event of an emergency. And it means expanding broadband access to millions of Americans, so business can compete on a level-playing field, wherever they’re located.

  I know that some are skeptical about the size and scale of this recovery plan. I understand that skepticism, which is why this recovery plan must and will include unprecedented measures that will allow the American people to hold my Administration accountable for these results. We won’t just throw money at our problems - we’ll invest in what works. Instead of politicians doling out money behind a veil of secrecy, decisions about where we invest will be made public, and informed by independent experts whenever possible. We’ll launch an unprecedented effort to root out waste, inefficiency, and unnecessary spending in our government, and every American will be able to see how and where we spend taxpayer dollars by going to a new website called recovery.gov.

  
  No one policy or program will solve the challenges we face right now, nor will this crisis recede in a short period of time. But if we act now and act boldly; if we start rewarding hard work and responsibility once more; if we act as citizens and not partisans and begin again the work of remaking America, then I have faith that we will emerge from this trying time even stronger and more prosperous than we were before. Thanks for listening.
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• Date / Time: 1/19/2009 7:44 PM UTC

  Radio Address on Inauguration Week January 17, 2009

  Remarks of President-Elect Barack Obama
  Radio Address on Inauguration Week
  January 17, 2009
  

  Good morning. On Tuesday, the world will be watching as America celebrates a rite that goes to the heart of our greatness as a nation. For the forty-third time, we will execute the peaceful transfer of power from one President to the next.

  The first Inauguration took place 220 years ago. Our nation’s capital had yet to be built, so President George Washington took the oath of office in New York City. It was a spring day, just over a decade after the birth of our nation, as Washington assumed the new office that he would do so much to shape, and swore an oath to the Constitution that guides us to this very day.

  Since then, Inaugurations have taken place during times of war and peace; in Depression and prosperity. Our democracy has undergone many changes, and our people have taken many steps in pursuit of a more perfect union. What has always endured is this peaceful and orderly transition of power.

  For us, it is easy to take this central aspect of our democracy for granted. But we must remember that our nation was founded at a time of Kings and Queens, and even today billions of people around the world cannot imagine their leaders giving up power without strife or bloodshed.

  Through the ages, many have struggled for the right to live in a land where power does not belong to one person or party, and many brave Americans have fought and died to help advance that right.  Through the long twilight struggle of the Cold War, our transitions from one President to the next provided a stark contrast to the suffocating grip of Soviet Communism. And today, the resilience of our democracy stands in opposition to the extremists who would tear it down.

  Here at home, transitions also remind us that what we hold in common as Americans far outweighs our political differences. Throughout the current transition, President Bush and his Administration have extended the hand of cooperation, and provided invaluable assistance to my team as we prepare to hit the ground running on January 20th.

  There is much work to be done. But now, all Americans hold within our hands the promise of a new beginning.

  That is why the events of the next several days are not simply about the inauguration of an American President – they will be a celebration of the American people. We will carry the voices of ordinary Americans to Washington. We will invite people across the country to work on behalf of a common purpose through a national day of service on Monday. And we will have the most open and accessible Inauguration in history – for those who travel to the capital, and for those who choose one of the many ways to participate in the Inauguration from their own communities and their own homes.

  Together, we know that this is a time of great challenge for the American people. Difficult days are upon us, and even more difficult days lie ahead. Our nation is at war.

  Our economy is in great turmoil. And there is so much work that must be done to restore peace and advance prosperity. But as we approach this time-honored American tradition, we are reminded that our challenges can be met if we summon the spirit that has sustained our democracy since George Washington took the first oath of office.

  Addressing the nation that day, Washington explained his decision to serve, saying, “I was called by my country, whose voice I can never hear but with veneration and love.” This Tuesday, we can reaffirm our own veneration and love for our country and our democracy. We can once again provide an example to the world, and move forward with a renewed sense of purpose and progress at home.

  Thanks.

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• Date / Time: 12/20/2008 5:03 PM UTC

  Transcript 12/20/08

  Over the past few weeks, Vice President-Elect Biden and I have announced some of the leaders who will advise us as we seek to meet America’s twenty-first century challenges, from strengthening our security, to rebuilding our economy, to preserving our planet for our children and grandchildren. Today, I am pleased to announce members of my science and technology team whose work will be critical to these efforts.

  Whether it’s the science to slow global warming; the technology to protect our troops and confront bioterror and weapons of mass destruction; the research to find life-saving cures; or the innovations to remake our industries and create twenty-first century jobs—today, more than ever before, science holds the key to our survival as a planet and our security and prosperity as a nation. It is time we once again put science at the top of our agenda and worked to restore America’s place as the world leader in science and technology.

  Right now, in labs, classrooms and companies across America, our leading minds are hard at work chasing the next big idea, on the cusp of breakthroughs that could revolutionize our lives. But history tells us that they cannot do it alone. From landing on the moon, to sequencing the human genome, to inventing the Internet, America has been the first to cross that new frontier because we had leaders who paved the way: leaders like President Kennedy, who inspired us to push the boundaries of the known world and achieve the impossible; leaders who not only invested in our scientists, but who respected the integrity of the scientific process.

  Because the truth is that promoting science isn’t just about providing resources—it’s about protecting free and open inquiry. It’s about ensuring that facts and evidence are never twisted or obscured by politics or ideology. It’s about listening to what our scientists have to say, even when it’s inconvenient—especially when it’s inconvenient. Because the highest purpose of science is the search for knowledge, truth and a greater understanding of the world around us. That will be my goal as President of the United States—and I could not have a better team to guide me in this work.

  Dr. John Holdren has agreed to serve as Assistant to the President for Science and Technology and Director of the White House Office of Science and Technology Policy. John is a professor and Director of the Program on Science, Technology, and Public Policy at Harvard’s Kennedy School of Government, as well as President and Director of the Woods Hole Research Center. A physicist renowned for his work on climate and energy, he’s received numerous honors and awards for his contributions and has been one of the most passionate and persistent voices of our time about the growing threat of climate change. I look forward to his wise counsel in the years ahead.

  John will also serve as a Co-Chair of the President’s Council of Advisors on Science and Technology—or PCAST—as will Dr. Harold Varmus and Dr. Eric Lander. Together, they will work to remake PCAST into a vigorous external advisory council that will shape my thinking on the scientific aspects of my policy priorities.

  Dr. Varmus is no stranger to this work. He is not just a path-breaking scientist, having won a Nobel Prize for his research on the causes of cancer—he also served as Director of the National Institutes of Health during the Clinton Administration. I am grateful he has answered the call to serve once again.

  Dr. Eric Lander is the Founding Director of the Broad Institute at MIT and Harvard and was one of the driving forces behind mapping the human genome—one of the greatest scientific achievements in history. I know he will be a powerful voice in my Administration as we seek to find the causes and cures of our most devastating diseases.

  Finally, Dr. Jane Lubchenco has accepted my nomination as the Administrator of NOAA, the National Oceanic and Atmospheric Administration, which is devoted to conserving our marine and coastal resources and monitoring our weather. An internationally known environmental scientist and ecologist and former President of the American Association for the Advancement of Science, Jane has advised the President and Congress on scientific matters, and I am confident she will provide passionate and dedicated leadership at NOAA.

  Working with these leaders, we will seek to draw on the power of science to both meet our challenges across the globe and revitalize our economy here at home. And I’ll be speaking more after the New Year about how my Administration will engage leaders in the technology community and harness technology and innovation to create jobs, enhance America’s competitiveness and advance our national priorities.

  I am confident that if we recommit ourselves to discovery; if we support science education to create the next generation of scientists and engineers right here in America; if we have the vision to believe and invest in things unseen, then we can lead the world into a new future of peace and prosperity.

  Thank you.

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• Date / Time: 11/18/2008 6:19 PM UTC

  President-elect Barack Obama's Weekly Address

  
  

  Nov. 15, 2008 -- Today, the leaders of the G-20 countries -- a group that includes the world's largest economies -- are gathering in Washington to seek solutions to the ongoing turmoil in our financial markets. I'm glad President Bush has initiated this process -- because our global economic crisis requires a coordinated global response.

       And yet, as we act in concert with other nations, we must also act immediately here at home to address America's own economic crisis. This week, amid continued volatility in our markets, we learned that unemployment insurance claims rose to their highest levels since September 11, 2001. We've lost jobs for ten straight months -- nearly 1.2 million jobs this year, many of them in our struggling auto industry. And millions of our fellow citizens lie awake each night wondering how they're going to pay their bills, stay in their homes, and save for retirement.

       Make no mistake: this is the greatest economic challenge of our time. And while the road ahead will be long, and the work will be hard, I know that we can steer ourselves out of this crisis -- because here in America we always rise to the moment, no matter how hard. And I am more hopeful than ever before that America will rise once again.

       But we must act right now. Next week, Congress will meet to address the spreading impact of the economic crisis. I urge them to pass at least a down-payment on a rescue plan that will create jobs, relieve the squeeze on families, and help get the economy growing again. In particular, we cannot afford to delay providing help for the more than one million Americans who will have exhausted their unemployment insurance by the end of this year. If Congress does not pass an immediate plan that gives the economy the boost it needs, I will make it my first order of business as President.

       Even as we dig ourselves out of this recession, we must also recognize that out of this economic crisis comes an opportunity to create new jobs, strengthen our middle class, and keep our economy competitive in the 21st century.

       That starts with the kinds of long-term investments that we've neglected for too long. That means putting two million Americans to work rebuilding our crumbling roads, bridges, and schools. It means investing $150 billion to build an American green energy economy that will create five million new jobs, while freeing our nation from the tyranny of foreign oil, and saving our planet for our children. It means making health care affordable for anyone who has it, accessible for anyone who wants it, and reducing costs for small businesses. And it also means giving every child the world-class education they need to compete with any worker, anywhere in the world.

       Doing all this will require not just new policies, but a new spirit of service and sacrifice, where each of us resolves to pitch in and work harder and look after not only ourselves, but each other. If this financial crisis has taught us anything, it's that we cannot have a thriving Wall Street while Main Street suffers -- in this country, we rise or fall as one nation; as one people. And that is how we will meet the challenges of our time -- together.

       Thank you.

  
  

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