Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Wednesday, March 5, 2025

State of the Union 2024 - President Donald J. Trump

Donald Trump's address to Congress on March 4, 2025, was not officially labeled a State of the Union address, as it occurred early in his second term. However, it served a similar purpose, offering a comprehensive overview of his administration's priorities and vision for the future.

In his speech, Trump emphasized his "America First" agenda, which he described as a roadmap to usher in a new "golden age" for the United States. He highlighted key achievements from the first two months of his second term, including the appointment of Robert F. Kennedy Jr. as Secretary of Health and Human Services. Trump praised Kennedy's leadership and addressed concerns about rising autism rates, though his comments sparked debate among experts.

One of the central themes of the address was economic reform. Trump called on Congress to pass sweeping tax cuts, including eliminating taxes on tips, overtime, and Social Security benefits. He argued that these measures would stimulate economic growth and provide relief to working Americans. The president also outlined plans to reduce federal regulations and promote energy independence, framing these initiatives as essential for maintaining America's competitive edge.

Foreign policy was another focal point. Trump reiterated his commitment to ending the war in Ukraine, sharing a letter from Ukrainian President Volodymyr Zelenskyy that expressed a willingness to work toward peace under Trump's leadership. This announcement was met with mixed reactions, reflecting the complexities of international diplomacy.

The address also touched on domestic issues, such as healthcare, education, and infrastructure. Trump pledged to prioritize school choice and expand access to vocational training programs. He also announced plans for a major infrastructure bill aimed at modernizing the nation's roads, bridges, and public transit systems.

While the speech received enthusiastic applause from Republican lawmakers, it faced criticism from Democrats, who questioned the feasibility and inclusivity of Trump's proposals. Freshman Senator Elissa Slotkin delivered the Democratic response, offering an alternative vision for the nation's future.

Overall, Trump's address to Congress was a bold and ambitious outline of his administration's goals. It set the tone for his second term, emphasizing economic growth, national security, and a renewed focus on American values. Whether these plans will come to fruition remains to be seen, but the address undoubtedly sparked significant discussion and debate across the political spectrum.

Thursday, March 15, 2018

Time to Grow up! Toy'R'Us Closing

Since the fall, the famed toys store Toys 'R' Us has been on the news due to bankruptcy. After the holiday, executives at the big box store thought things would be better.  However, this did not happen. Last week, rumors were circling social media that the big toy store would close all its stores. That week is now upon us and according to the Wall Street Journal, an official said that employees were informed about the demise of Toys 'R' Us. This official said that employees were told that all stores in the United States of America will close and that there will be liquidation sales posted.  The official Twitter account has not tweeted any announcement nor has there been any official statement to the press.  The Twitter account posted a tweet last week stating that all stores are open for business.



So far, the news is that the big toy store will be closing for good. Many blame Amazon, Target and Walmart for the failure of Toys 'R' Us. Others blame the big salaries chief executives collect. In any event, we live in a time where brick and mortar stores have been suffering greatly. Online sales are more popular.  No one wants to go out to shop anymore, especially younger Americans.  Everything is at one's fingertips on a cell phone or tablet these days. Moreover, the experience of shopping in store is not always so pleasant. Stores are often crowded with long lines at the check out. Prices are also an issue. Toys 'R' Us often sold toys at very high prices.  However, they do match prices with other stores. Then there is the unprofessionalism from employees.  Take this experience from one of my followers on Twitter who complained to Toys 'R' Us about an rude and unprofessional employee:























With this kind of experience, who would want to shop here?  In any event, the store will be missed.  I have many memories as a child going there, as well as, going there with my nephew and niece and watching their faces light up.  Hopefully, this report is just hearsay and the store will thrive or be bought by another company who knows how to manage a business in this new era of business.  Over 30, 000 jobs are at stake.  If not, then it is time for all of us to finally grow up and become neurotic and miserable adults in this crazy society. 








UPDATE March 16, 2018:

It seems that it is true that Toys 'R' Us is going out of business. I found these tweets from their accounts which shows that they are preparing to close.














Source:

http://comicbook.com/2018/03/14/toys-r-us-closing-us-stores-bankrupt-america/

https://www.wsj.com/articles/toys-r-us-tells-workers-it-will-likely-close-all-u-s-stores-1521060803?mod=e2tw

https://www.reuters.com/article/us-toys-r-us-bankruptcy/toys-r-us-plans-to-close-all-u-s-stores-33000-jobs-at-risk-source-idUSKCN1GQ36S?feedType=RSS&feedName=topNews&utm_source=twitter&utm_medium=Social

http://www.ign.com/articles/2018/03/14/toys-r-us-bankruptcy-woes-continue-may-liquidate-us-operations


Thursday, January 22, 2015

King Abdullah Dead At 90



Saudi Arabia's King Abdullah bin Abdulaziz al Saud has just passed away at the age of 90.  According to state television, Prince Salman bin Abdulaziz will not take his place as king of Saudi Arabia.  Abdullah passed away from complications of pneumonia which he has been suffering from.  As Islamic traditions call for, he will have his funeral and burial services done within 24 hours.  Many heads of states will visit Saudi Arabia to pay their respects.  Vice President Joe Biden will be representing America and will be accompanied by others.

Abdullah was one of America's greatest allies in the Middle East and has made attempts to modernized his nation.  Considered a moderate, he broaden certain freedoms and used his nation's wealth amounted from oil to fun education and infrastructure projects. He did his best considering he was surrounded by ultra conservatives who often hindered his plans.   All eyes are on Saudi Arabia as it makes this transition of power to Abdullah's half-brother. The nations accounts for about 16% of the world's oil, according to statistics from the Energy Information Administration in the United States of America.    

May Abdullah bin Abdulaziz al Saud rest in Allah's peace.


O Allah, surely [name the person] is under Your protection, and in the rope of Your security, so save him from the trial of the grave and from the punishment of the Fire. You fulfill promises and grant rights, so forgive him and have mercy on him. Surely You are Most Forgiving, Most Merciful.
Reference: Ibn Majah, Abu Dawud 3/211. See also Al Albani, Sahih Ibn Majah 1/251.





Source:

https://uk.news.yahoo.com/saudi-tv-cuts-koranic-verses-often-signifies-royal-231423948.html#nO4U2Qr

http://www.bbc.com/news/world-middle-east-30945324

http://edition.cnn.com/2015/01/22/middleeast/saudi-arabia-king-abdullah-dies/

Tuesday, January 20, 2015

Obama is back! State of the Union Address 2015

President Obama just gave his State of the Union address to the other two branches of government and the American people.  Tonight's speech was more optimistic than previous ones.

It seems like the Obama of 2008 is back. The president spoke of the nation coming out of a recession with the economy bouncing back and new jobs being created. "We have turned the page" Obama remarks.  Unemployment as it stands is at 5.6% and the GDP increased by 5% in 2014 during the third quarter and then 4.6 % in the fourth.  Moreover, gas prices have dropped significantly and have not been as low as they are now since 2009. He also spoke with pride at the fact that more Americans have health coverage.

Obama presented his case before Congress regarding paid family leave, equality in pay for women, free community colleges, investing in infrastructure, increase in minimal wage, repairing the tax system with its loopholes and insisted on Republicans to work with him where they agree with him. With both the House and Senate under the control of Republicans, it is going to be extremely difficult for Obama to get anything done in the last years of his presidency. Since his first election, Republicans have made it a mission to stifle the president forcing him to use his executive power to do things without Congress. This of course angered Republicans even more.  It is interesting to note that Obama also spoke on Global Warming and even mentioned the Holy Father Pope Francis.

Most of the ideas Obama has are good, in my opinion. Today's families are struggling to make ends meet. Paid family leave would help these struggling families as they deal with the everyday happenings of life. Men are paid more than women.  This is a known fact.  According to statistics that I have read, women make just 80 cents to the dollar of what a man makes.  In many cases, for the same job position!  This is unfair and shows that there is indeed a salary inequality that needs to be addressed. Moreover, the idea I like best is free education. I think it is great to have community colleges available to anyone free of charge granted they are serious about academia and work hard to earn an associate's degree. While not as prominent as a bachelor's degree or master's, an associate's degree can help many people find good jobs that will help them achieve the American dream. With these jobs, they can possibly even move forward and earn a four year college degree. As a graduate of the CUNY system, I was shocked to learn from one of my professors years ago that she studied at CUNY for free!  Meanwhile, I was using financial aid, scholarships, loans and my own money to pay for school!  Had I been born in her time, I probably would have two or three doctorates now!  This is why the idea of free community colleges makes sense to me.  Repairing our infrastructure is also important. New technologies must be applied to our roadways and structures in order to make them more efficient.  In regards to taxes, it is not news that the whole system is a mess and needs to be either thrown out or "taped up" where the loopholes are at.  There is a big problem when the poor are taxed for all they have and the wealthy are taxed little.  Then when you add the fact that many Americans are living off a $15,000 a year salary, the situation becomes even more "hairy." No one can live on that salary.  Wages that match or exceed market costs must be instituted if we are to keep Americans from dipping below the poverty line.  A recent report stated that over 50% of children in American are at or below the poverty level.  This is a tragedy!

President Obama mentioned Pope Francis in his speech in reference to Cuban.  According to the president, the Pope said that it takes "small steps" to have successful diplomacy.  Furthermore, the president also spoke on Global Warming. While the data on Global Warming is not concise, there is clearly a warming of the planet taking place.  Whether this is due to nature or man is not too clear as there have been episodes of Global Warming even before man developed his machinery and chemicals that have plagued our environment.  Nevertheless, Earth is our home and we must pay close attention to any effects that are out of the norm before they get out of control.





Here is the text of the speech:

Remarks by the President in State of the Union Address | January 20, 2015

U.S. Capitol
Washington, D.C.
9:10 P.M. EST

THE PRESIDENT:  Mr. Speaker, Mr. Vice President, Members of Congress, my fellow Americans:

We are 15 years into this new century.  Fifteen years that dawned with terror touching our shores; that unfolded with a new generation fighting two long and costly wars; that saw a vicious recession spread across our nation and the world.  It has been, and still is, a hard time for many.

But tonight, we turn the page.  Tonight, after a breakthrough year for America, our economy is growing and creating jobs at the fastest pace since 1999.  (Applause.)  Our unemployment rate is now lower than it was before the financial crisis.  More of our kids are graduating than ever before.  More of our people are insured than ever before.  (Applause.)  And we are as free from the grip of foreign oil as we’ve been in almost 30 years.  (Applause.)

Tonight, for the first time since 9/11, our combat mission in Afghanistan is over.  (Applause.)  Six years ago, nearly 180,000 American troops served in Iraq and Afghanistan.  Today, fewer than 15,000 remain.  And we salute the courage and sacrifice of every man and woman in this 9/11 Generation who has served to keep us safe.  (Applause.)  We are humbled and grateful for your service.

America, for all that we have endured; for all the grit and hard work required to come back; for all the tasks that lie ahead, know this:  The shadow of crisis has passed, and the State of the Union is strong.  (Applause.)

At this moment -- with a growing economy, shrinking deficits, bustling industry, booming energy production -- we have risen from recession freer to write our own future than any other nation on Earth.  It’s now up to us to choose who we want to be over the next 15 years and for decades to come.

Will we accept an economy where only a few of us do spectacularly well?  Or will we commit ourselves to an economy that generates rising incomes and chances for everyone who makes the effort?  (Applause.)

Will we approach the world fearful and reactive, dragged into costly conflicts that strain our military and set back our standing?  Or will we lead wisely, using all elements of our power to defeat new threats and protect our planet?

Will we allow ourselves to be sorted into factions and turned against one another?  Or will we recapture the sense of common purpose that has always propelled America forward?

In two weeks, I will send this Congress a budget filled with ideas that are practical, not partisan.  And in the months ahead, I’ll crisscross the country making a case for those ideas.  So tonight, I want to focus less on a checklist of proposals, and focus more on the values at stake in the choices before us.

It begins with our economy.  Seven years ago, Rebekah and Ben Erler of Minneapolis were newlyweds.  (Laughter.)  She waited tables.  He worked construction.  Their first child, Jack, was on the way.  They were young and in love in America.  And it doesn’t get much better than that.  “If only we had known,” Rebekah wrote to me last spring, “what was about to happen to the housing and construction market.”

As the crisis worsened, Ben’s business dried up, so he took what jobs he could find, even if they kept him on the road for long stretches of time.  Rebekah took out student loans and enrolled in community college, and retrained for a new career.  They sacrificed for each other.  And slowly, it paid off.  They bought their first home.  They had a second son, Henry.  Rebekah got a better job and then a raise.  Ben is back in construction -- and home for dinner every night.

“It is amazing,” Rebekah wrote, “what you can bounce back from when you have to…we are a strong, tight-knit family who has made it through some very, very hard times.”  We are a strong, tight-knit family who has made it through some very, very hard times.

America, Rebekah and Ben’s story is our story.  They represent the millions who have worked hard and scrimped, and sacrificed and retooled.  You are the reason that I ran for this office.  You are the people I was thinking of six years ago today, in the darkest months of the crisis, when I stood on the steps of this Capitol and promised we would rebuild our economy on a new foundation.  And it has been your resilience, your effort that has made it possible for our country to emerge stronger.

We believed we could reverse the tide of outsourcing and draw new jobs to our shores.  And over the past five years, our businesses have created more than 11 million new jobs.  (Applause.)

We believed we could reduce our dependence on foreign oil and protect our planet.  And today, America is number one in oil and gas.  America is number one in wind power.  Every three weeks, we bring online as much solar power as we did in all of 2008.  (Applause.)  And thanks to lower gas prices and higher fuel standards, the typical family this year should save about $750 at the pump.  (Applause.)

We believed we could prepare our kids for a more competitive world.  And today, our younger students have earned the highest math and reading scores on record.  Our high school graduation rate has hit an all-time high.  More Americans finish college than ever before.  (Applause.)

We believed that sensible regulations could prevent another crisis, shield families from ruin, and encourage fair competition.  Today, we have new tools to stop taxpayer-funded bailouts, and a new consumer watchdog to protect us from predatory lending and abusive credit card practices.  And in the past year alone, about 10 million uninsured Americans finally gained the security of health coverage.  (Applause.)

At every step, we were told our goals were misguided or too ambitious; that we would crush jobs and explode deficits.  Instead, we’ve seen the fastest economic growth in over a decade, our deficits cut by two-thirds, a stock market that has doubled, and health care inflation at its lowest rate in 50 years.  (Applause.)  This is good news, people.  (Laughter and applause.)

So the verdict is clear.  Middle-class economics works.  Expanding opportunity works.  And these policies will continue to work as long as politics don’t get in the way.  We can’t slow down businesses or put our economy at risk with government shutdowns or fiscal showdowns.  We can’t put the security of families at risk by taking away their health insurance, or unraveling the new rules on Wall Street, or refighting past battles on immigration when we’ve got to fix a broken system.  And if a bill comes to my desk that tries to do any of these things, I will veto it.  It will have earned my veto.  (Applause.)

Today, thanks to a growing economy, the recovery is touching more and more lives.  Wages are finally starting to rise again.  We know that more small business owners plan to raise their employees’ pay than at any time since 2007.  But here’s the thing:  Those of us here tonight, we need to set our sights higher than just making sure government doesn’t screw things up; that government doesn’t halt the progress we’re making.  We need to do more than just do no harm.  Tonight, together, let’s do more to restore the link between hard work and growing opportunity for every American.  (Applause.)

Because families like Rebekah’s still need our help.  She and Ben are working as hard as ever, but they’ve had to forego vacations and a new car so that they can pay off student loans and save for retirement.  Friday night pizza, that’s a big splurge.  Basic childcare for Jack and Henry costs more than their mortgage, and almost as much as a year at the University of Minnesota.  Like millions of hardworking Americans, Rebekah isn’t asking for a handout, but she is asking that we look for more ways to help families get ahead.

And in fact, at every moment of economic change throughout our history, this country has taken bold action to adapt to new circumstances and to make sure everyone gets a fair shot.  We set up worker protections, Social Security, Medicare, Medicaid to protect ourselves from the harshest adversity.  We gave our citizens schools and colleges, infrastructure and the Internet -- tools they needed to go as far as their effort and their dreams will take them.

That’s what middle-class economics is -- the idea that this country does best when everyone gets their fair shot, everyone does their fair share, everyone plays by the same set of rules.  (Applause.)  We don’t just want everyone to share in America’s success, we want everyone to contribute to our success.  (Applause.)

So what does middle-class economics require in our time?

First, middle-class economics means helping working families feel more secure in a world of constant change.  That means helping folks afford childcare, college, health care, a home, retirement.  And my budget will address each of these issues, lowering the taxes of working families and putting thousands of dollars back into their pockets each year.  (Applause.)

Here’s one example.  During World War II, when men like my grandfather went off to war, having women like my grandmother in the workforce was a national security priority -- so this country provided universal childcare.  In today’s economy, when having both parents in the workforce is an economic necessity for many families, we need affordable, high-quality childcare more than ever.  (Applause.)

It’s not a nice-to-have -- it’s a must-have.  So it’s time we stop treating childcare as a side issue, or as a women’s issue, and treat it like the national economic priority that it is for all of us.  (Applause.)  And that’s why my plan will make quality childcare more available and more affordable for every middle-class and low-income family with young children in America -- by creating more slots and a new tax cut of up to $3,000 per child, per year.  (Applause.)

Here’s another example.  Today, we are the only advanced country on Earth that doesn’t guarantee paid sick leave or paid maternity leave to our workers.  Forty-three million workers have no paid sick leave -- 43 million.  Think about that.  And that forces too many parents to make the gut-wrenching choice between a paycheck and a sick kid at home.  So I’ll be taking new action to help states adopt paid leave laws of their own.  And since paid sick leave won where it was on the ballot last November, let’s put it to a vote right here in Washington.  (Applause.)  Send me a bill that gives every worker in America the opportunity to earn seven days of paid sick leave.  It’s the right thing to do.  It’s the right thing to do.  (Applause.)

Of course, nothing helps families make ends meet like higher wages.  That’s why this Congress still needs to pass a law that makes sure a woman is paid the same as a man for doing the same work.  (Applause.)  It’s 2015.  (Laughter.)  It’s time.  We still need to make sure employees get the overtime they’ve earned.  (Applause.)  And to everyone in this Congress who still refuses to raise the minimum wage, I say this:  If you truly believe you could work full-time and support a family on less than $15,000 a year, try it.  If not, vote to give millions of the hardest-working people in America a raise.  (Applause.)

Now, these ideas won’t make everybody rich, won’t relieve every hardship.  That’s not the job of government.  To give working families a fair shot, we still need more employers to see beyond next quarter’s earnings and recognize that investing in their workforce is in their company’s long-term interest.  We still need laws that strengthen rather than weaken unions, and give American workers a voice.  (Applause.)

But you know, things like childcare and sick leave and equal pay; things like lower mortgage premiums and a higher minimum wage -- these ideas will make a meaningful difference in the lives of millions of families.  That’s a fact.  And that’s what all of us, Republicans and Democrats alike, were sent here to do.
Second, to make sure folks keep earning higher wages down the road, we have to do more to help Americans upgrade their skills.  (Applause.)  America thrived in the 20th century because we made high school free, sent a generation of GIs to college, trained the best workforce in the world.  We were ahead of the curve.  But other countries caught on.  And in a 21st century economy that rewards knowledge like never before, we need to up our game.  We need to do more.

By the end of this decade, two in three job openings will require some higher education -- two in three.  And yet, we still live in a country where too many bright, striving Americans are priced out of the education they need.  It’s not fair to them, and it’s sure not smart for our future.  That’s why I’m sending this Congress a bold new plan to lower the cost of community college -- to zero.  (Applause.) 

Keep in mind 40 percent of our college students choose community college.  Some are young and starting out.  Some are older and looking for a better job.  Some are veterans and single parents trying to transition back into the job market.  Whoever you are, this plan is your chance to graduate ready for the new economy without a load of debt.  Understand, you’ve got to earn it.  You’ve got to keep your grades up and graduate on time. 
Tennessee, a state with Republican leadership, and Chicago, a city with Democratic leadership, are showing that free community college is possible.  I want to spread that idea all across America, so that two years of college becomes as free and universal in America as high school is today.  (Applause.)  Let’s stay ahead of the curve.  (Applause.)  And I want to work with this Congress to make sure those already burdened with student loans can reduce their monthly payments so that student debt doesn’t derail anyone’s dreams.  (Applause.)

Thanks to Vice President Biden’s great work to update our job training system, we’re connecting community colleges with local employers to train workers to fill high-paying jobs like coding, and nursing, and robotics.  Tonight, I’m also asking more businesses to follow the lead of companies like CVS and UPS, and offer more educational benefits and paid apprenticeships -- opportunities that give workers the chance to earn higher-paying jobs even if they don’t have a higher education.

And as a new generation of veterans comes home, we owe them every opportunity to live the American Dream they helped defend.  Already, we’ve made strides towards ensuring that every veteran has access to the highest quality care.  We’re slashing the backlog that had too many veterans waiting years to get the benefits they need.  And we’re making it easier for vets to translate their training and experience into civilian jobs.  And Joining Forces, the national campaign launched by Michelle and Jill Biden -- (applause) -- thank you, Michelle; thank you, Jill -- has helped nearly 700,000 veterans and military spouses get a new job.  (Applause.)  So to every CEO in America, let me repeat:  If you want somebody who’s going to get the job done and done right, hire a veteran.  (Applause.)

Finally, as we better train our workers, we need the new economy to keep churning out high-wage jobs for our workers to fill.  Since 2010, America has put more people back to work than Europe, Japan, and all advanced economies combined.  (Applause.)

Our manufacturers have added almost 800,000 new jobs.  Some of our bedrock sectors, like our auto industry, are booming.  But there are also millions of Americans who work in jobs that didn’t even exist 10 or 20 years ago -- jobs at companies like Google, and eBay, and Tesla.

So no one knows for certain which industries will generate the jobs of the future.  But we do know we want them here in America.  We know that.  (Applause.)  And that’s why the third part of middle-class economics is all about building the most competitive economy anywhere, the place where businesses want to locate and hire.

Twenty-first century businesses need 21st century infrastructure -- modern ports, and stronger bridges, faster trains and the fastest Internet.  Democrats and Republicans used to agree on this.  So let’s set our sights higher than a single oil pipeline.  Let’s pass a bipartisan infrastructure plan that could create more than 30 times as many jobs per year, and make this country stronger for decades to come.  (Applause.)  Let’s do it.  Let’s get it done.  Let’s get it done.  (Applause.)

Twenty-first century businesses, including small businesses, need to sell more American products overseas.  Today, our businesses export more than ever, and exporters tend to pay their workers higher wages.  But as we speak, China wants to write the rules for the world’s fastest-growing region.  That would put our workers and our businesses at a disadvantage.  Why would we let that happen?  We should write those rules.  We should level the playing field.  That’s why I’m asking both parties to give me trade promotion authority to protect American workers, with strong new trade deals from Asia to Europe that aren’t just free, but are also fair.  It’s the right thing to do.  (Applause.)

Look, I’m the first one to admit that past trade deals haven’t always lived up to the hype, and that’s why we’ve gone after countries that break the rules at our expense.  But 95 percent of the world’s customers live outside our borders.  We can’t close ourselves off from those opportunities.  More than half of manufacturing executives have said they’re actively looking to bring jobs back from China.  So let’s give them one more reason to get it done.

Twenty-first century businesses will rely on American science and technology, research and development.  I want the country that eliminated polio and mapped the human genome to lead a new era of medicine -- one that delivers the right treatment at the right time.  (Applause.)

In some patients with cystic fibrosis, this approach has reversed a disease once thought unstoppable.  So tonight, I’m launching a new Precision Medicine Initiative to bring us closer to curing diseases like cancer and diabetes, and to give all of us access to the personalized information we need to keep ourselves and our families healthier.  We can do this.  (Applause.)

I intend to protect a free and open Internet, extend its reach to every classroom, and every community -- (applause) -- and help folks build the fastest networks so that the next generation of digital innovators and entrepreneurs have the platform to keep reshaping our world.

I want Americans to win the race for the kinds of discoveries that unleash new jobs -- converting sunlight into liquid fuel; creating revolutionary prosthetics, so that a veteran who gave his arms for his country can play catch with his kids again.  (Applause.)  Pushing out into the solar system not just to visit, but to stay.  Last month, we launched a new spacecraft as part of a reenergized space program that will send American astronauts to Mars.  And in two months, to prepare us for those missions, Scott Kelly will begin a year-long stay in space.  So good luck, Captain.  Make sure to Instagram it.  We’re proud of you.  (Applause.)

Now, the truth is, when it comes to issues like infrastructure and basic research, I know there’s bipartisan support in this chamber.  Members of both parties have told me so.  Where we too often run onto the rocks is how to pay for these investments.  As Americans, we don’t mind paying our fair share of taxes as long as everybody else does, too.  But for far too long, lobbyists have rigged the tax code with loopholes that let some corporations pay nothing while others pay full freight.  They’ve riddled it with giveaways that the super-rich don’t need, while denying a break to middle-class families who do.

This year, we have an opportunity to change that.  Let’s close loopholes so we stop rewarding companies that keep profits abroad, and reward those that invest here in America.  (Applause.)  Let’s use those savings to rebuild our infrastructure and to make it more attractive for companies to bring jobs home.  Let’s simplify the system and let a small business owner file based on her actual bank statement, instead of the number of accountants she can afford.  (Applause.)  And let’s close the loopholes that lead to inequality by allowing the top one percent to avoid paying taxes on their accumulated wealth.  We can use that money to help more families pay for childcare and send their kids to college.  We need a tax code that truly helps working Americans trying to get a leg up in the new economy, and we can achieve that together.  (Applause.)  We can achieve it together.

Helping hardworking families make ends meet.  Giving them the tools they need for good-paying jobs in this new economy.  Maintaining the conditions of growth and competitiveness.  This is where America needs to go.  I believe it’s where the American people want to go.  It will make our economy stronger a year from now, 15 years from now, and deep into the century ahead.

Of course, if there’s one thing this new century has taught us, it’s that we cannot separate our work here at home from challenges beyond our shores.

My first duty as Commander-in-Chief is to defend the United States of America.  In doing so, the question is not whether America leads in the world, but how.  When we make rash decisions, reacting to the headlines instead of using our heads; when the first response to a challenge is to send in our military -- then we risk getting drawn into unnecessary conflicts, and neglect the broader strategy we need for a safer, more prosperous world.  That’s what our enemies want us to do.

I believe in a smarter kind of American leadership.  We lead best when we combine military power with strong diplomacy; when we leverage our power with coalition building; when we don’t let our fears blind us to the opportunities that this new century presents.  That’s exactly what we’re doing right now.  And around the globe, it is making a difference.

First, we stand united with people around the world who have been targeted by terrorists -- from a school in Pakistan to the streets of Paris.  (Applause.)  We will continue to hunt down terrorists and dismantle their networks, and we reserve the right to act unilaterally, as we have done relentlessly since I took office to take out terrorists who pose a direct threat to us and our allies.  (Applause.) 

At the same time, we’ve learned some costly lessons over the last 13 years.  Instead of Americans patrolling the valleys of Afghanistan, we’ve trained their security forces, who have now taken the lead, and we’ve honored our troops’ sacrifice by supporting that country’s first democratic transition.  Instead of sending large ground forces overseas, we’re partnering with nations from South Asia to North Africa to deny safe haven to terrorists who threaten America.

In Iraq and Syria, American leadership -- including our military power -- is stopping ISIL’s advance.  Instead of getting dragged into another ground war in the Middle East, we are leading a broad coalition, including Arab nations, to degrade and ultimately destroy this terrorist group.  (Applause.)  We’re also supporting a moderate opposition in Syria that can help us in this effort, and assisting people everywhere who stand up to the bankrupt ideology of violent extremism.

Now, this effort will take time.  It will require focus.  But we will succeed.  And tonight, I call on this Congress to show the world that we are united in this mission by passing a resolution to authorize the use of force against ISIL.  We need that authority.  (Applause.)

Second, we’re demonstrating the power of American strength and diplomacy.  We’re upholding the principle that bigger nations can’t bully the small -- by opposing Russian aggression, and supporting Ukraine’s democracy, and reassuring our NATO allies.  (Applause.)

Last year, as we were doing the hard work of imposing sanctions along with our allies, as we were reinforcing our presence with frontline states, Mr. Putin’s aggression it was suggested was a masterful display of strategy and strength.  That's what I heard from some folks.  Well, today, it is America that stands strong and united with our allies, while Russia is isolated with its economy in tatters.  That’s how America leads -- not with bluster, but with persistent, steady resolve.  (Applause.)

In Cuba, we are ending a policy that was long past its expiration date.  (Applause.)  When what you’re doing doesn’t work for 50 years, it’s time to try something new.  (Applause.)  And our shift in Cuba policy has the potential to end a legacy of mistrust in our hemisphere.  It removes a phony excuse for restrictions in Cuba.  It stands up for democratic values, and extends the hand of friendship to the Cuban people.  And this year, Congress should begin the work of ending the embargo.  (Applause.)

As His Holiness, Pope Francis, has said, diplomacy is the work of “small steps.”  These small steps have added up to new hope for the future in Cuba.  And after years in prison, we are overjoyed that Alan Gross is back where he belongs.  Welcome home, Alan.  We're glad you're here.  (Applause.)

Our diplomacy is at work with respect to Iran, where, for the first time in a decade, we’ve halted the progress of its nuclear program and reduced its stockpile of nuclear material.  Between now and this spring, we have a chance to negotiate a comprehensive agreement that prevents a nuclear-armed Iran, secures America and our allies -- including Israel, while avoiding yet another Middle East conflict.  There are no guarantees that negotiations will succeed, and I keep all options on the table to prevent a nuclear Iran.

But new sanctions passed by this Congress, at this moment in time, will all but guarantee that diplomacy fails -- alienating America from its allies; making it harder to maintain sanctions; and ensuring that Iran starts up its nuclear program again.  It doesn’t make sense.  And that's why I will veto any new sanctions bill that threatens to undo this progress.  (Applause.)  The American people expect us only to go to war as a last resort, and I intend to stay true to that wisdom.

Third, we’re looking beyond the issues that have consumed us in the past to shape the coming century.  No foreign nation, no hacker, should be able to shut down our networks, steal our trade secrets, or invade the privacy of American families, especially our kids.  (Applause.)  So we're making sure our government integrates intelligence to combat cyber threats, just as we have done to combat terrorism.

And tonight, I urge this Congress to finally pass the legislation we need to better meet the evolving threat of cyber attacks, combat identity theft, and protect our children’s information.  That should be a bipartisan effort.  (Applause.)

If we don’t act, we’ll leave our nation and our economy vulnerable.  If we do, we can continue to protect the technologies that have unleashed untold opportunities for people around the globe.

In West Africa, our troops, our scientists, our doctors, our nurses, our health care workers are rolling back Ebola -- saving countless lives and stopping the spread of disease.  (Applause.)  I could not be prouder of them, and I thank this Congress for your bipartisan support of their efforts.  But the job is not yet done, and the world needs to use this lesson to build a more effective global effort to prevent the spread of future pandemics, invest in smart development, and eradicate extreme poverty.

In the Asia Pacific, we are modernizing alliances while making sure that other nations play by the rules -- in how they trade, how they resolve maritime disputes, how they participate in meeting common international challenges like nonproliferation and disaster relief.  And no challenge -- no challenge -- poses a greater threat to future generations than climate change.  (Applause.) 

2014 was the planet’s warmest year on record.  Now, one year doesn’t make a trend, but this does:  14 of the 15 warmest years on record have all fallen in the first 15 years of this century.
I’ve heard some folks try to dodge the evidence by saying they’re not scientists; that we don’t have enough information to act.  Well, I’m not a scientist, either.  But you know what, I know a lot of really good scientists at NASA, and at NOAA, and at our major universities.  And the best scientists in the world are all telling us that our activities are changing the climate, and if we don’t act forcefully, we’ll continue to see rising oceans, longer, hotter heat waves, dangerous droughts and floods, and massive disruptions that can trigger greater migration and conflict and hunger around the globe.  The Pentagon says that climate change poses immediate risks to our national security.  We should act like it.  (Applause.)

And that’s why, over the past six years, we’ve done more than ever to combat climate change, from the way we produce energy to the way we use it.  That’s why we’ve set aside more public lands and waters than any administration in history.  And that’s why I will not let this Congress endanger the health of our children by turning back the clock on our efforts.  I am determined to make sure that American leadership drives international action.  (Applause.)

In Beijing, we made a historic announcement:  The United States will double the pace at which we cut carbon pollution.  And China committed, for the first time, to limiting their emissions.  And because the world’s two largest economies came together, other nations are now stepping up, and offering hope that this year the world will finally reach an agreement to protect the one planet we’ve got.

And there’s one last pillar of our leadership, and that’s the example of our values.

As Americans, we respect human dignity, even when we’re threatened, which is why I have prohibited torture, and worked to make sure our use of new technology like drones is properly constrained.  (Applause.)  It’s why we speak out against the deplorable anti-Semitism that has resurfaced in certain parts of the world.  (Applause.)  It’s why we continue to reject offensive stereotypes of Muslims, the vast majority of whom share our commitment to peace.  That’s why we defend free speech, and advocate for political prisoners, and condemn the persecution of women, or religious minorities, or people who are lesbian, gay, bisexual or transgender.  We do these things not only because they are the right thing to do, but because ultimately they will make us safer.  (Applause.)

As Americans, we have a profound commitment to justice.  So it makes no sense to spend $3 million per prisoner to keep open a prison that the world condemns and terrorists use to recruit.  (Applause.)  Since I’ve been President, we’ve worked responsibly to cut the population of Gitmo in half.  Now it is time to finish the job.  And I will not relent in my determination to shut it down.  It is not who we are.  It’s time to close Gitmo.  (Applause.)
As Americans, we cherish our civil liberties, and we need to uphold that commitment if we want maximum cooperation from other countries and industry in our fight against terrorist networks.  So while some have moved on from the debates over our surveillance programs, I have not.  As promised, our intelligence agencies have worked hard, with the recommendations of privacy advocates, to increase transparency and build more safeguards against potential abuse.  And next month, we’ll issue a report on how we’re keeping our promise to keep our country safe while strengthening privacy.

Looking to the future instead of the past.  Making sure we match our power with diplomacy, and use force wisely.  Building coalitions to meet new challenges and opportunities.  Leading -- always -- with the example of our values.  That’s what makes us exceptional.  That’s what keeps us strong.  That’s why we have to keep striving to hold ourselves to the highest of standards -- our own.

You know, just over a decade ago, I gave a speech in Boston where I said there wasn’t a liberal America or a conservative America; a black America or a white America -- but a United States of America.  I said this because I had seen it in my own life, in a nation that gave someone like me a chance; because I grew up in Hawaii, a melting pot of races and customs; because I made Illinois my home -- a state of small towns, rich farmland, one of the world’s great cities; a microcosm of the country where Democrats and Republicans and Independents, good people of every ethnicity and every faith, share certain bedrock values.

Over the past six years, the pundits have pointed out more than once that my presidency hasn’t delivered on this vision.  How ironic, they say, that our politics seems more divided than ever.  It’s held up as proof not just of my own flaws -- of which there are many -- but also as proof that the vision itself is misguided, naïve, that there are too many people in this town who actually benefit from partisanship and gridlock for us to ever do anything about it.

I know how tempting such cynicism may be.  But I still think the cynics are wrong.  I still believe that we are one people.  I still believe that together, we can do great things, even when the odds are long.  (Applause.)

I believe this because over and over in my six years in office, I have seen America at its best.  I’ve seen the hopeful faces of young graduates from New York to California, and our newest officers at West Point, Annapolis, Colorado Springs, New London.  I’ve mourned with grieving families in Tucson and Newtown, in Boston, in West Texas, and West Virginia.  I’ve watched Americans beat back adversity from the Gulf Coast to the Great Plains, from Midwest assembly lines to the Mid-Atlantic seaboard.  I’ve seen something like gay marriage go from a wedge issue used to drive us apart to a story of freedom across our country, a civil right now legal in states that seven in 10 Americans call home.  (Applause.)

So I know the good, and optimistic, and big-hearted generosity of the American people who every day live the idea that we are our brother’s keeper and our sister’s keeper.  And I know they expect those of us who serve here to set a better example.

So the question for those of us here tonight is how we, all of us, can better reflect America’s hopes.  I’ve served in Congress with many of you.  I know many of you well.  There are a lot of good people here, on both sides of the aisle.  And many of you have told me that this isn’t what you signed up for -- arguing past each other on cable shows, the constant fundraising, always looking over your shoulder at how the base will react to every decision.

Imagine if we broke out of these tired old patterns.  Imagine if we did something different.  Understand, a better politics isn’t one where Democrats abandon their agenda or Republicans simply embrace mine.  A better politics is one where we appeal to each other’s basic decency instead of our basest fears.  A better politics is one where we debate without demonizing each other; where we talk issues and values, and principles and facts, rather than “gotcha” moments, or trivial gaffes, or fake controversies that have nothing to do with people’s daily lives.  (Applause.) 

A politics -- a better politics is one where we spend less time drowning in dark money for ads that pull us into the gutter, and spend more time lifting young people up with a sense of purpose and possibility, asking them to join in the great mission of building America.

If we’re going to have arguments, let’s have arguments, but let’s make them debates worthy of this body and worthy of this country.  We still may not agree on a woman’s right to choose, but surely we can agree it’s a good thing that teen pregnancies and abortions are nearing all-time lows, and that every woman should have access to the health care that she needs.  (Applause.)

Yes, passions still fly on immigration, but surely we can all see something of ourselves in the striving young student, and agree that no one benefits when a hardworking mom is snatched from her child, and that it’s possible to shape a law that upholds our tradition as a nation of laws and a nation of immigrants.  I’ve talked to Republicans and Democrats about that.  That’s something that we can share.

We may go at it in campaign season, but surely we can agree that the right to vote is sacred; that it’s being denied to too many -- (applause) -- and that on this 50th anniversary of the great march from Selma to Montgomery and the passage of the Voting Rights Act, we can come together, Democrats and Republicans, to make voting easier for every single American.  (Applause.)

We may have different takes on the events of Ferguson and New York.  But surely we can understand a father who fears his son can’t walk home without being harassed.  And surely we can understand the wife who won’t rest until the police officer she married walks through the front door at the end of his shift.  (Applause.)  And surely we can agree that it’s a good thing that for the first time in 40 years, the crime rate and the incarceration rate have come down together, and use that as a starting point for Democrats and Republicans, community leaders and law enforcement, to reform America’s criminal justice system so that it protects and serves all of us.  (Applause.)

That’s a better politics.  That’s how we start rebuilding trust.  That’s how we move this country forward.  That’s what the American people want.  And that’s what they deserve.

I have no more campaigns to run.  (Applause.)  My only agenda -- (laughter) -- I know because I won both of them.  (Applause.)  My only agenda for the next two years is the same as the one I’ve had since the day I swore an oath on the steps of this Capitol -- to do what I believe is best for America.  If you share the broad vision I outlined tonight, I ask you to join me in the work at hand.  If you disagree with parts of it, I hope you’ll at least work with me where you do agree.  And I commit to every Republican here tonight that I will not only seek out your ideas, I will seek to work with you to make this country stronger.  (Applause.)

Because I want this chamber, I want this city to reflect the truth -- that for all our blind spots and shortcomings, we are a people with the strength and generosity of spirit to bridge divides, to unite in common effort, to help our neighbors, whether down the street or on the other side of the world.

I want our actions to tell every child in every neighborhood, your life matters, and we are committed to improving your life chances as committed as we are to working on behalf of our own kids.  (Applause.)  I want future generations to know that we are a people who see our differences as a great gift, that we’re a people who value the dignity and worth of every citizen -- man and woman, young and old, black and white, Latino, Asian, immigrant, Native American, gay, straight, Americans with mental illness or physical disability.  Everybody matters.  I want them to grow up in a country that shows the world what we still know to be true:  that we are still more than a collection of red states and blue states; that we are the United States of America.  (Applause.)

I want them to grow up in a country where a young mom can sit down and write a letter to her President with a story that sums up these past six years:  “It’s amazing what you can bounce back from when you have to…we are a strong, tight-knit family who’s made it through some very, very hard times.”

My fellow Americans, we, too, are a strong, tight-knit family.  We, too, have made it through some hard times.  Fifteen years into this new century, we have picked ourselves up, dusted ourselves off, and begun again the work of remaking America.  We have laid a new foundation.  A brighter future is ours to write.  Let’s begin this new chapter together -- and let’s start the work right now.  (Applause.)

Thank you.  God bless you.  God bless this country we love.  Thank you.  (Applause.)

END
10:11 P.M. EST



Source:




Monday, December 2, 2013

"King Money"

After the release of 'Evangelii Gaudium,' political pundits and others are calling the Pope a socialist and claiming he is against capitalism.  Others are claiming that since he is South American, he is somehow tainted with liberation theology.  I really do not understand where they get these ideas from.  As usual, reactionaries find any minor detail to escalate in order to bring in an audience.

Thank God not everyone is as stupid as those misinterpreting the Pope's exhortation think they are.  Those of us who can read and comprehend simultaneously can see clearly that Pope Francis addressed the problems the love and worship of money causes.

When "king money" is the one we worship and rely upon in order to be consider worthy of existing, then we have a problem.  I remember as a kid in elementary school and onward to college, teachers and professors would tell us that in order to be "someone" we had to be the best, we have to be the most educated in order to have the best job and make the most money; own a big house, cars and so on.  In other words, having money is the point of living the human life.  Without money, we are nobodies, according to this philosophy.  

This is what Pope Francis is countering.  The idea that money is what defines us and gives us status is immoral and causes inequality among societies throughout the globe.  

Rush is obviously not good at reading comprehension. He filters things through his narrow view on life. The Pope is for what is just as Christ taught, not what is "American." Any economic system that puts wealth above people does not work and is unjust. This is the Pope's message.

I love my nation and I also have respect for other nations as well.  However, our economic systems are not perfect - including capitalism.  Until soup kitchens, shelters, unemployment offices are closed and we see no homeless people on the streets or trains, then we can say we have a great economic system.  To date, every nation has people struggling to stay alive due to the level of poverty they are experiencing, this includes communist and socialist nations.  There is no reason for this.  Most of the world's wealth and resources are being curved too much to one side and is leaving the rest trying to grasp it.  

Does Rush and the Pope's critics not understand that being greedy is never a right thing to be?  Do the aforementioned not understand that money is supposed to serve man and not the other way around?  The Pope is not endorsing Marxism or Socialism.  He is endorsing the human person and reminding the world that people have intrinsic value because they are made in the image and likeness of God. 
   





Source:


Monday, June 10, 2013

New PS4, XBOX One, OS 7


Today, Apple, Microsoft and Sony revealed their new products to the general public.  Microsoft revealed its new gaming console, the "XBox One." It is priced at around $500 and contains upgrades that the current Xbox 360 does not have, including a better kinect camera.  Sony also revealed its new console, the "PS4" which also has upgrades and will cost around $400.  So far, the PS4 is getting more attention due to its presentation of more games and the access to them, as well as the price.  Apple revealed its new OS7 system, as well as a new radio streaming service for itunes.

It seems like these products will give the economy a big boost in the upcoming months.  As usual, the consoles are limited and will be hard to find in time for the holidays.

Tuesday, February 12, 2013

State of the Union 2013

Reelected President Barack Obama gave his State of the Union address.  In the address, he laid out the typical framework that he has been mentioning for years now.

He wants to fix the economy, create jobs, help the middle class, increase wages, bring troops home and bring about more gun control.

He also wants good pre-k programs made available to the poor so that children can have a head start that will prepare them for future studies.  Obama gave a to-do list, but forgot to mention the costs and how those things are going to be paid for.

In the crowd present were the families of victims of gun violence, a nurse from a hospital in NY who rescued newborns during hurricane Sandy, Desiline Victor a 102 year old voter from Florida, troops, and others.  He used their presence to push his rhetoric and his definition of what a "citizen" is or should be.

Republican Marco Rubio then came on to give the Republican response.  He did a great job countering Mr. Obama's points; however, he seemed very nervous and his mouth was extremely dry.

What's funny is that I tweeted this on twitter:

 


Within a second, Rubio leaned to his left and was given a small bottle of water! :-) I then tweeted:






It was a funny moment. Rubio even got a kick out of it, he tweeted this as the GOP response:


It was a funny moment; however, we have to get back to the seriousness of America's problems.  Most people believe that America is not improving.  Obama seems to be giving false hope to Americans by stating "we're going to do this, we're going to do that," however, we have to be realistic.  America is nearly broke.  Not enough revenue is coming in and the government is growing far too much that is is oppressing its citizens.

Religious freedom is under attack, the 2nd amendment is under attack, and citizens are being treated as second class while more attention is being given to those who entered our nation illegally.  Jobs are declining, expenses are rising, people are working to get by and are not saving.  Education is plummeting with German high school students having the knowledge of American community college students, according to Obama.

Until Obama and Congress realizes how big the problem is and really sit down to find solutions, I don't think anything that President Obama mentioned in the State of the Union address will be possible.  



Source:

http://news.yahoo.com/blogs/ticket/obama-uses-sotu-message-urge-congress-stop-looming-030527020--politics.html




Text:

Mr. Speaker, Mr. Vice President, Members of Congress, fellow citizens:
Fifty-one years ago, John F. Kennedy declared to this Chamber that “the Constitution makes us not rivals for power but partners for progress…It is my task,” he said, “to report the State of the Union – to improve it is the task of us all.”
Tonight, thanks to the grit and determination of the American people, there is much progress to report. After a decade of grinding war, our brave men and women in uniform are coming home. After years of grueling recession, our businesses have created over six million new jobs. We buy more American cars than we have in five years, and less foreign oil than we have in twenty. Our housing market is healing, our stock market is rebounding, and consumers, patients, and homeowners enjoy stronger protections than ever before.
Together, we have cleared away the rubble of crisis, and can say with renewed confidence that the state of our union is stronger.
But we gather here knowing that there are millions of Americans whose hard work and dedication have not yet been rewarded. Our economy is adding jobs – but too many people still can’t find full-time employment. Corporate profits have rocketed to all-time highs – but for more than a decade, wages and incomes have barely budged.
It is our generation’s task, then, to reignite the true engine of America’s economic growth – a rising, thriving middle class.
It is our unfinished task to restore the basic bargain that built this country – the idea that if you work hard and meet your responsibilities, you can get ahead, no matter where you come from, what you look like, or who you love.
It is our unfinished task to make sure that this government works on behalf of the many, and not just the few; that it encourages free enterprise, rewards individual initiative, and opens the doors of opportunity to every child across this great nation.
The American people don’t expect government to solve every problem. They don’t expect those of us in this chamber to agree on every issue. But they do expect us to put the nation’s interests before party. They do expect us to forge reasonable compromise where we can. For they know that America moves forward only when we do so together; and that the responsibility of improving this union remains the task of us all.
Our work must begin by making some basic decisions about our budget – decisions that will have a huge impact on the strength of our recovery.
Over the last few years, both parties have worked together to reduce the deficit by more than $2.5 trillion – mostly through spending cuts, but also by raising tax rates on the wealthiest 1 percent of Americans. As a result, we are more than halfway towards the goal of $4 trillion in deficit reduction that economists say we need to stabilize our finances.
Now we need to finish the job. And the question is, how?
In 2011, Congress passed a law saying that if both parties couldn’t agree on a plan to reach our deficit goal, about a trillion dollars’ worth of budget cuts would automatically go into effect this year. These sudden, harsh, arbitrary cuts would jeopardize our military readiness. They’d devastate priorities like education, energy, and medical research. They would certainly slow our recovery, and cost us hundreds of thousands of jobs. That’s why Democrats, Republicans, business leaders, and economists have already said that these cuts, known here in Washington as “the sequester,” are a really bad idea.
Now, some in this Congress have proposed preventing only the defense cuts by making even bigger cuts to things like education and job training; Medicare and Social Security benefits.
That idea is even worse. Yes, the biggest driver of our long-term debt is the rising cost of health care for an aging population. And those of us who care deeply about programs like Medicare must embrace the need for modest reforms – otherwise, our retirement programs will crowd out the investments we need for our children, and jeopardize the promise of a secure retirement for future generations.
But we can’t ask senior citizens and working families to shoulder the entire burden of deficit reduction while asking nothing more from the wealthiest and most powerful. We won’t grow the middle class simply by shifting the cost of health care or college onto families that are already struggling, or by forcing communities to lay off more teachers, cops, and firefighters. Most Americans – Democrats, Republicans, and Independents – understand that we can’t just cut our way to prosperity. They know that broad-based economic growth requires a balanced approach to deficit reduction, with spending cuts and revenue, and with everybody doing their fair share. And that’s the approach I offer tonight.
On Medicare, I’m prepared to enact reforms that will achieve the same amount of health care savings by the beginning of the next decade as the reforms proposed by the bipartisan Simpson-Bowles commission. Already, the Affordable Care Act is helping to slow the growth of health care costs. The reforms I’m proposing go even further. We’ll reduce taxpayer subsidies to prescription drug companies and ask more from the wealthiest seniors. We’ll bring down costs by changing the way our government pays for Medicare, because our medical bills shouldn’t be based on the number of tests ordered or days spent in the hospital – they should be based on the quality of care that our seniors receive. And I am open to additional reforms from both parties, so long as they don’t violate the guarantee of a secure retirement. Our government shouldn’t make promises we cannot keep – but we must keep the promises we’ve already made.
To hit the rest of our deficit reduction target, we should do what leaders in both parties have already suggested, and save hundreds of billions of dollars by getting rid of tax loopholes and deductions for the well-off and well-connected. After all, why would we choose to make deeper cuts to education and Medicare just to protect special interest tax breaks? How is that fair? How does that promote growth?
Now is our best chance for bipartisan, comprehensive tax reform that encourages job creation and helps bring down the deficit. The American people deserve a tax code that helps small businesses spend less time filling out complicated forms, and more time expanding and hiring; a tax code that ensures billionaires with high-powered accountants can’t pay a lower rate than their hard-working secretaries; a tax code that lowers incentives to move jobs overseas, and lowers tax rates for businesses and manufacturers that create jobs right here in America. That’s what tax reform can deliver. That’s what we can do together.
I realize that tax reform and entitlement reform won’t be easy. The politics will be hard for both sides. None of us will get 100 percent of what we want. But the alternative will cost us jobs, hurt our economy, and visit hardship on millions of hardworking Americans. So let’s set party interests aside, and work to pass a budget that replaces reckless cuts with smart savings and wise investments in our future. And let’s do it without the brinksmanship that stresses consumers and scares off investors. The greatest nation on Earth cannot keep conducting its business by drifting from one manufactured crisis to the next. Let’s agree, right here, right now, to keep the people’s government open, pay our bills on time, and always uphold the full faith and credit of the United States of America. The American people have worked too hard, for too long, rebuilding from one crisis to see their elected officials cause another.
Now, most of us agree that a plan to reduce the deficit must be part of our agenda. But let’s be clear: deficit reduction alone is not an economic plan. A growing economy that creates good, middle-class jobs – that must be the North Star that guides our efforts. Every day, we should ask ourselves three questions as a nation: How do we attract more jobs to our shores? How do we equip our people with the skills needed to do those jobs? And how do we make sure that hard work leads to a decent living?
A year and a half ago, I put forward an American Jobs Act that independent economists said would create more than one million new jobs. I thank the last Congress for passing some of that agenda, and I urge this Congress to pass the rest. Tonight, I’ll lay out additional proposals that are fully paid for and fully consistent with the budget framework both parties agreed to just 18 months ago. Let me repeat – nothing I’m proposing tonight should increase our deficit by a single dime. It’s not a bigger government we need, but a smarter government that sets priorities and invests in broad-based growth.
Our first priority is making America a magnet for new jobs and manufacturing.
After shedding jobs for more than 10 years, our manufacturers have added about 500,000 jobs over the past three. Caterpillar is bringing jobs back from Japan. Ford is bringing jobs back from Mexico. After locating plants in other countries like China, Intel is opening its most advanced plant right here at home. And this year, Apple will start making Macs in America again.
There are things we can do, right now, to accelerate this trend. Last year, we created our first manufacturing innovation institute in Youngstown, Ohio. A once-shuttered warehouse is now a state-of-the art lab where new workers are mastering the 3D printing that has the potential to revolutionize the way we make almost everything. There’s no reason this can’t happen in other towns. So tonight, I’m announcing the launch of three more of these manufacturing hubs, where businesses will partner with the Departments of Defense and Energy to turn regions left behind by globalization into global centers of high-tech jobs. And I ask this Congress to help create a network of fifteen of these hubs and guarantee that the next revolution in manufacturing is Made in America.
If we want to make the best products, we also have to invest in the best ideas. Every dollar we invested to map the human genome returned $140 to our economy. Today, our scientists are mapping the human brain to unlock the answers to Alzheimer’s; developing drugs to regenerate damaged organs; devising new material to make batteries ten times more powerful. Now is not the time to gut these job-creating investments in science and innovation. Now is the time to reach a level of research and development not seen since the height of the Space Race. And today, no area holds more promise than our investments in American energy.
After years of talking about it, we are finally poised to control our own energy future. We produce more oil at home than we have in 15 years. We have doubled the distance our cars will go on a gallon of gas, and the amount of renewable energy we generate from sources like wind and solar – with tens of thousands of good, American jobs to show for it. We produce more natural gas than ever before – and nearly everyone’s energy bill is lower because of it. And over the last four years, our emissions of the dangerous carbon pollution that threatens our planet have actually fallen.
But for the sake of our children and our future, we must do more to combat climate change. Yes, it’s true that no single event makes a trend. But the fact is, the 12 hottest years on record have all come in the last 15. Heat waves, droughts, wildfires, and floods – all are now more frequent and intense. We can choose to believe that Superstorm Sandy, and the most severe drought in decades, and the worst wildfires some states have ever seen were all just a freak coincidence. Or we can choose to believe in the overwhelming judgment of science – and act before it’s too late.
The good news is, we can make meaningful progress on this issue while driving strong economic growth. I urge this Congress to pursue a bipartisan, market-based solution to climate change, like the one John McCain and Joe Lieberman worked on together a few years ago. But if Congress won’t act soon to protect future generations, I will. I will direct my Cabinet to come up with executive actions we can take, now and in the future, to reduce pollution, prepare our communities for the consequences of climate change, and speed the transition to more sustainable sources of energy.
Four years ago, other countries dominated the clean energy market and the jobs that came with it. We’ve begun to change that. Last year, wind energy added nearly half of all new power capacity in America. So let’s generate even more. Solar energy gets cheaper by the year – so let’s drive costs down even further. As long as countries like China keep going all-in on clean energy, so must we.
In the meantime, the natural gas boom has led to cleaner power and greater energy independence. That’s why my Administration will keep cutting red tape and speeding up new oil and gas permits. But I also want to work with this Congress to encourage the research and technology that helps natural gas burn even cleaner and protects our air and water.
Indeed, much of our new-found energy is drawn from lands and waters that we, the public, own together. So tonight, I propose we use some of our oil and gas revenues to fund an Energy Security Trust that will drive new research and technology to shift our cars and trucks off oil for good. If a non-partisan coalition of CEOs and retired generals and admirals can get behind this idea, then so can we. Let’s take their advice and free our families and businesses from the painful spikes in gas prices we’ve put up with for far too long. I’m also issuing a new goal for America: let’s cut in half the energy wasted by our homes and businesses over the next twenty years. The states with the best ideas to create jobs and lower energy bills by constructing more efficient buildings will receive federal support to help make it happen.
America’s energy sector is just one part of an aging infrastructure badly in need of repair. Ask any CEO where they’d rather locate and hire: a country with deteriorating roads and bridges, or one with high-speed rail and internet; high-tech schools and self-healing power grids. The CEO of Siemens America – a company that brought hundreds of new jobs to North Carolina – has said that if we upgrade our infrastructure, they’ll bring even more jobs. And I know that you want these job-creating projects in your districts. I’ve seen you all at the ribbon-cuttings.
Tonight, I propose a “Fix-It-First” program to put people to work as soon as possible on our most urgent repairs, like the nearly 70,000 structurally deficient bridges across the country. And to make sure taxpayers don’t shoulder the whole burden, I’m also proposing a Partnership to Rebuild America that attracts private capital to upgrade what our businesses need most: modern ports to move our goods; modern pipelines to withstand a storm; modern schools worthy of our children. Let’s prove that there is no better place to do business than the United States of America. And let’s start right away.
Part of our rebuilding effort must also involve our housing sector. Today, our housing market is finally healing from the collapse of 2007. Home prices are rising at the fastest pace in six years, home purchases are up nearly 50 percent, and construction is expanding again.
But even with mortgage rates near a 50-year low, too many families with solid credit who want to buy a home are being rejected. Too many families who have never missed a payment and want to refinance are being told no. That’s holding our entire economy back, and we need to fix it. Right now, there’s a bill in this Congress that would give every responsible homeowner in America the chance to save $3,000 a year by refinancing at today’s rates. Democrats and Republicans have supported it before. What are we waiting for? Take a vote, and send me that bill. Right now, overlapping regulations keep responsible young families from buying their first home. What’s holding us back? Let’s streamline the process, and help our economy grow.
These initiatives in manufacturing, energy, infrastructure, and housing will help entrepreneurs and small business owners expand and create new jobs. But none of it will matter unless we also equip our citizens with the skills and training to fill those jobs. And that has to start at the earliest possible age.
Study after study shows that the sooner a child begins learning, the better he or she does down the road. But today, fewer than 3 in 10 four year-olds are enrolled in a high-quality preschool program. Most middle-class parents can’t afford a few hundred bucks a week for private preschool. And for poor kids who need help the most, this lack of access to preschool education can shadow them for the rest of their lives.
Tonight, I propose working with states to make high-quality preschool available to every child in America. Every dollar we invest in high-quality early education can save more than seven dollars later on – by boosting graduation rates, reducing teen pregnancy, even reducing violent crime. In states that make it a priority to educate our youngest children, like Georgia or Oklahoma, studies show students grow up more likely to read and do math at grade level, graduate high school, hold a job, and form more stable families of their own. So let’s do what works, and make sure none of our children start the race of life already behind. Let’s give our kids that chance.
Let’s also make sure that a high school diploma puts our kids on a path to a good job. Right now, countries like Germany focus on graduating their high school students with the equivalent of a technical degree from one of our community colleges, so that they’re ready for a job. At schools like P-Tech in Brooklyn, a collaboration between New York Public Schools, the City University of New York, and IBM, students will graduate with a high school diploma and an associate degree in computers or engineering.
We need to give every American student opportunities like this. Four years ago, we started Race to the Top – a competition that convinced almost every state to develop smarter curricula and higher standards, for about 1 percent of what we spend on education each year. Tonight, I’m announcing a new challenge to redesign America’s high schools so they better equip graduates for the demands of a high-tech economy. We’ll reward schools that develop new partnerships with colleges and employers, and create classes that focus on science, technology, engineering, and math – the skills today’s employers are looking for to fill jobs right now and in the future.
Now, even with better high schools, most young people will need some higher education. It’s a simple fact: the more education you have, the more likely you are to have a job and work your way into the middle class. But today, skyrocketing costs price way too many young people out of a higher education, or saddle them with unsustainable debt.
Through tax credits, grants, and better loans, we have made college more affordable for millions of students and families over the last few years. But taxpayers cannot continue to subsidize the soaring cost of higher education. Colleges must do their part to keep costs down, and it’s our job to make sure they do. Tonight, I ask Congress to change the Higher Education Act, so that affordability and value are included in determining which colleges receive certain types of federal aid. And tomorrow, my Administration will release a new “College Scorecard” that parents and students can use to compare schools based on a simple criteria: where you can get the most bang for your educational buck.
To grow our middle class, our citizens must have access to the education and training that today’s jobs require. But we also have to make sure that America remains a place where everyone who’s willing to work hard has the chance to get ahead.
Our economy is stronger when we harness the talents and ingenuity of striving, hopeful immigrants. And right now, leaders from the business, labor, law enforcement, and faith communities all agree that the time has come to pass comprehensive immigration reform.
Real reform means strong border security, and we can build on the progress my Administration has already made – putting more boots on the southern border than at any time in our history, and reducing illegal crossings to their lowest levels in 40 years.
Real reform means establishing a responsible pathway to earned citizenship – a path that includes passing a background check, paying taxes and a meaningful penalty, learning English, and going to the back of the line behind the folks trying to come here legally.
And real reform means fixing the legal immigration system to cut waiting periods, reduce bureaucracy, and attract the highly-skilled entrepreneurs and engineers that will help create jobs and grow our economy.
In other words, we know what needs to be done. As we speak, bipartisan groups in both chambers are working diligently to draft a bill, and I applaud their efforts. Now let’s get this done. Send me a comprehensive immigration reform bill in the next few months, and I will sign it right away.
But we can’t stop there. We know our economy is stronger when our wives, mothers, and daughters can live their lives free from discrimination in the workplace, and free from the fear of domestic violence. Today, the Senate passed the Violence Against Women Act that Joe Biden originally wrote almost 20 years ago. I urge the House to do the same. And I ask this Congress to declare that women should earn a living equal to their efforts, and finally pass the Paycheck Fairness Act this year.
We know our economy is stronger when we reward an honest day’s work with honest wages. But today, a full-time worker making the minimum wage earns $14,500 a year. Even with the tax relief we’ve put in place, a family with two kids that earns the minimum wage still lives below the poverty line. That’s wrong. That’s why, since the last time this Congress raised the minimum wage, nineteen states have chosen to bump theirs even higher.
Tonight, let’s declare that in the wealthiest nation on Earth, no one who works full-time should have to live in poverty, and raise the federal minimum wage to $9.00 an hour. This single step would raise the incomes of millions of working families. It could mean the difference between groceries or the food bank; rent or eviction; scraping by or finally getting ahead. For businesses across the country, it would mean customers with more money in their pockets. In fact, working folks shouldn’t have to wait year after year for the minimum wage to go up while CEO pay has never been higher. So here’s an idea that Governor Romney and I actually agreed on last year: let’s tie the minimum wage to the cost of living, so that it finally becomes a wage you can live on.
Tonight, let’s also recognize that there are communities in this country where no matter how hard you work, it’s virtually impossible to get ahead. Factory towns decimated from years of plants packing up. Inescapable pockets of poverty, urban and rural, where young adults are still fighting for their first job. America is not a place where chance of birth or circumstance should decide our destiny. And that is why we need to build new ladders of opportunity into the middle class for all who are willing to climb them.
Let’s offer incentives to companies that hire Americans who’ve got what it takes to fill that job opening, but have been out of work so long that no one will give them a chance. Let’s put people back to work rebuilding vacant homes in run-down neighborhoods. And this year, my Administration will begin to partner with 20 of the hardest-hit towns in America to get these communities back on their feet. We’ll work with local leaders to target resources at public safety, education, and housing. We’ll give new tax credits to businesses that hire and invest. And we’ll work to strengthen families by removing the financial deterrents to marriage for low-income couples, and doing more to encourage fatherhood – because what makes you a man isn’t the ability to conceive a child; it’s having the courage to raise one.
Stronger families. Stronger communities. A stronger America. It is this kind of prosperity – broad, shared, and built on a thriving middle class – that has always been the source of our progress at home. It is also the foundation of our power and influence throughout the world.
Tonight, we stand united in saluting the troops and civilians who sacrifice every day to protect us. Because of them, we can say with confidence that America will complete its mission in Afghanistan, and achieve our objective of defeating the core of al Qaeda. Already, we have brought home 33,000 of our brave servicemen and women. This spring, our forces will move into a support role, while Afghan security forces take the lead. Tonight, I can announce that over the next year, another 34,000 American troops will come home from Afghanistan. This drawdown will continue. And by the end of next year, our war in Afghanistan will be over.
Beyond 2014, America’s commitment to a unified and sovereign Afghanistan will endure, but the nature of our commitment will change. We are negotiating an agreement with the Afghan government that focuses on two missions: training and equipping Afghan forces so that the country does not again slip into chaos, and counter-terrorism efforts that allow us to pursue the remnants of al Qaeda and their affiliates.
Today, the organization that attacked us on 9/11 is a shadow of its former self. Different al Qaeda affiliates and extremist groups have emerged – from the Arabian Peninsula to Africa. The threat these groups pose is evolving. But to meet this threat, we don’t need to send tens of thousands of our sons and daughters abroad, or occupy other nations. Instead, we will need to help countries like Yemen, Libya, and Somalia provide for their own security, and help allies who take the fight to terrorists, as we have in Mali. And, where necessary, through a range of capabilities, we will continue to take direct action against those terrorists who pose the gravest threat to Americans.
As we do, we must enlist our values in the fight. That is why my Administration has worked tirelessly to forge a durable legal and policy framework to guide our counterterrorism operations. Throughout, we have kept Congress fully informed of our efforts. I recognize that in our democracy, no one should just take my word that we’re doing things the right way. So, in the months ahead, I will continue to engage with Congress to ensure not only that our targeting, detention, and prosecution of terrorists remains consistent with our laws and system of checks and balances, but that our efforts are even more transparent to the American people and to the world.
Of course, our challenges don’t end with al Qaeda. America will continue to lead the effort to prevent the spread of the world’s most dangerous weapons. The regime in North Korea must know that they will only achieve security and prosperity by meeting their international obligations. Provocations of the sort we saw last night will only isolate them further, as we stand by our allies, strengthen our own missile defense, and lead the world in taking firm action in response to these threats.
Likewise, the leaders of Iran must recognize that now is the time for a diplomatic solution, because a coalition stands united in demanding that they meet their obligations, and we will do what is necessary to prevent them from getting a nuclear weapon. At the same time, we will engage Russia to seek further reductions in our nuclear arsenals, and continue leading the global effort to secure nuclear materials that could fall into the wrong hands – because our ability to influence others depends on our willingness to lead.
America must also face the rapidly growing threat from cyber-attacks. We know hackers steal people’s identities and infiltrate private e-mail. We know foreign countries and companies swipe our corporate secrets. Now our enemies are also seeking the ability to sabotage our power grid, our financial institutions, and our air traffic control systems. We cannot look back years from now and wonder why we did nothing in the face of real threats to our security and our economy.
That’s why, earlier today, I signed a new executive order that will strengthen our cyber defenses by increasing information sharing, and developing standards to protect our national security, our jobs, and our privacy. Now, Congress must act as well, by passing legislation to give our government a greater capacity to secure our networks and deter attacks.
Even as we protect our people, we should remember that today’s world presents not only dangers, but opportunities. To boost American exports, support American jobs, and level the playing field in the growing markets of Asia, we intend to complete negotiations on a Trans-Pacific Partnership. And tonight, I am announcing that we will launch talks on a comprehensive Transatlantic Trade and Investment Partnership with the European Union – because trade that is free and fair across the Atlantic supports millions of good-paying American jobs.
We also know that progress in the most impoverished parts of our world enriches us all. In many places, people live on little more than a dollar a day. So the United States will join with our allies to eradicate such extreme poverty in the next two decades: by connecting more people to the global economy and empowering women; by giving our young and brightest minds new opportunities to serve and helping communities to feed, power, and educate themselves; by saving the world’s children from preventable deaths; and by realizing the promise of an AIDS-free generation.
Above all, America must remain a beacon to all who seek freedom during this period of historic change. I saw the power of hope last year in Rangoon – when Aung San Suu Kyi welcomed an American President into the home where she had been imprisoned for years; when thousands of Burmese lined the streets, waving American flags, including a man who said, “There is justice and law in the United States. I want our country to be like that.”
In defense of freedom, we will remain the anchor of strong alliances from the Americas to Africa; from Europe to Asia. In the Middle East, we will stand with citizens as they demand their universal rights, and support stable transitions to democracy. The process will be messy, and we cannot presume to dictate the course of change in countries like Egypt; but we can – and will – insist on respect for the fundamental rights of all people. We will keep the pressure on a Syrian regime that has murdered its own people, and support opposition leaders that respect the rights of every Syrian. And we will stand steadfast with Israel in pursuit of security and a lasting peace. These are the messages I will deliver when I travel to the Middle East next month.
All this work depends on the courage and sacrifice of those who serve in dangerous places at great personal risk – our diplomats, our intelligence officers, and the men and women of the United States Armed Forces. As long as I’m Commander-in-Chief, we will do whatever we must to protect those who serve their country abroad, and we will maintain the best military in the world. We will invest in new capabilities, even as we reduce waste and wartime spending. We will ensure equal treatment for all service members, and equal benefits for their families – gay and straight. We will draw upon the courage and skills of our sisters and daughters, because women have proven under fire that they are ready for combat. We will keep faith with our veterans – investing in world-class care, including mental health care, for our wounded warriors; supporting our military families; and giving our veterans the benefits, education, and job opportunities they have earned. And I want to thank my wife Michelle and Dr. Jill Biden for their continued dedication to serving our military families as well as they serve us.
But defending our freedom is not the job of our military alone. We must all do our part to make sure our God-given rights are protected here at home. That includes our most fundamental right as citizens: the right to vote. When any Americans – no matter where they live or what their party – are denied that right simply because they can’t wait for five, six, seven hours just to cast their ballot, we are betraying our ideals. That’s why, tonight, I’m announcing a non-partisan commission to improve the voting experience in America. And I’m asking two long-time experts in the field, who’ve recently served as the top attorneys for my campaign and for Governor Romney’s campaign, to lead it. We can fix this, and we will. The American people demand it. And so does our democracy.
Of course, what I’ve said tonight matters little if we don’t come together to protect our most precious resource – our children.
It has been two months since Newtown. I know this is not the first time this country has debated how to reduce gun violence. But this time is different. Overwhelming majorities of Americans – Americans who believe in the 2nd Amendment – have come together around commonsense reform – like background checks that will make it harder for criminals to get their hands on a gun. Senators of both parties are working together on tough new laws to prevent anyone from buying guns for resale to criminals. Police chiefs are asking our help to get weapons of war and massive ammunition magazines off our streets, because they are tired of being outgunned.
Each of these proposals deserves a vote in Congress. If you want to vote no, that’s your choice. But these proposals deserve a vote. Because in the two months since Newtown, more than a thousand birthdays, graduations, and anniversaries have been stolen from our lives by a bullet from a gun.
One of those we lost was a young girl named Hadiya Pendleton. She was 15 years old. She loved Fig Newtons and lip gloss. She was a majorette. She was so good to her friends, they all thought they were her best friend. Just three weeks ago, she was here, in Washington, with her classmates, performing for her country at my inauguration. And a week later, she was shot and killed in a Chicago park after school, just a mile away from my house.
Hadiya’s parents, Nate and Cleo, are in this chamber tonight, along with more than two dozen Americans whose lives have been torn apart by gun violence. They deserve a vote.
Gabby Giffords deserves a vote.
The families of Newtown deserve a vote.
The families of Aurora deserve a vote.
The families of Oak Creek, and Tucson, and Blacksburg, and the countless other communities ripped open by gun violence – they deserve a simple vote.
Our actions will not prevent every senseless act of violence in this country. Indeed, no laws, no initiatives, no administrative acts will perfectly solve all the challenges I’ve outlined tonight. But we were never sent here to be perfect. We were sent here to make what difference we can, to secure this nation, expand opportunity, and uphold our ideals through the hard, often frustrating, but absolutely necessary work of self-government.
We were sent here to look out for our fellow Americans the same way they look out for one another, every single day, usually without fanfare, all across this country. We should follow their example.
We should follow the example of a New York City nurse named Menchu Sanchez. When Hurricane Sandy plunged her hospital into darkness, her thoughts were not with how her own home was faring – they were with the twenty precious newborns in her care and the rescue plan she devised that kept them all safe.
We should follow the example of a North Miami woman named Desiline Victor. When she arrived at her polling place, she was told the wait to vote might be six hours. And as time ticked by, her concern was not with her tired body or aching feet, but whether folks like her would get to have their say. Hour after hour, a throng of people stayed in line in support of her. Because Desiline is 102 years old. And they erupted in cheers when she finally put on a sticker that read “I Voted.”
We should follow the example of a police officer named Brian Murphy. When a gunman opened fire on a Sikh temple in Wisconsin, and Brian was the first to arrive, he did not consider his own safety. He fought back until help arrived, and ordered his fellow officers to protect the safety of the Americans worshiping inside – even as he lay bleeding from twelve bullet wounds.
When asked how he did that, Brian said, “That’s just the way we’re made.”

That’s just the way we’re made.
We may do different jobs, and wear different uniforms, and hold different views than the person beside us. But as Americans, we all share the same proud title:
We are citizens. It’s a word that doesn’t just describe our nationality or legal status. It describes the way we’re made. It describes what we believe. It captures the enduring idea that this country only works when we accept certain obligations to one another and to future generations; that our rights are wrapped up in the rights of others; and that well into our third century as a nation, it remains the task of us all, as citizens of these United States, to be the authors of the next great chapter in our American story.
Thank you, God bless you, and God bless the United States of America.



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