And every day that weighs on me. Every minute of every day that weighs on me. Because I ran for President precisely to make sure that we righted this ship and we start once again creating a situation where middle-class families and people who aspire to be in the middle class, if they’re working hard, then they’re living a better life.
Now, these structural changes in our economy that have been going on for a decade -- in some cases, longer -- they’re not going to be solved overnight. But we know what to do. We know that if we are educating our kids well, then they’re going to be more competitive. We know that if we are investing in things like infrastructure, it pays off.
I was in Alcoa, in Iowa, one of our most successful companies. They took a big hit during the recession, but they still invested $90 million in new equipment in a plant that makes airplane wings and parts for automobiles. And they’ve bounced back. They’ve hired back all their people and are increasing market share because they made those investments.
Well, just like a company like Alcoa, America has got to make some investments. We know that we’ve got to get control of our deficit. There are some things that aren’t going to solve all our problems but can make progress right now. And the question is whether or not Democrats and Republicans are willing to put aside the expedience of short-term politics in order to get it done.
And these folks are counting on us. They desperately want to believe that their leadership is thinking about them and not playing games. And I think that if all the leadership here in Washington has the faces and the stories of those families in mind, then we will solve this debt limit issue; we will put in place steps like a payroll tax cut and infrastructure development; we’ll continue to fund education; we’ll hold true to our commitment to our seniors.
These are solvable problems, but it does require us just getting out of the short-term and, frankly, selfish approach that sometimes politics breeds. We’ve got to think a bit long term.
President Barack Obama listens to a question during a press conference in the East Room of the White House, June 29, 2011. (Official White House Photo by Lawrence Jackson)
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