1、Our Constitution declares that from time to time, the President shall give to Congress information about the state of our union. For 220 years, our leaders have fulfilled this duty. Theyve done so during periods of prosperity and tranquility. And theyve done so in the midst of war and depression; at
2、 moments of great strife and great struggle.Its tempting to look back on these moments and assume that our progress was inevitable -C that America was always destined to succeed. But when the Union was turned back at Bull Run, and the Allies first landed at Omaha Beach, victory was very much in doub
3、t. When the market crashed on Black Tuesday, and civil rights marchers were beaten on Bloody Sunday, the future was anything but certain. These were the times that tested the courage of our convictions, and the strength of our union. And despite all our divisions and disagreements, our hesitations a
4、nd our fears, America prevailed because we chose to move forward as one nation, as one people. Again, we are tested. And again, we must answer historys call.One year ago, I took office amid two wars, an economy rocked by a severe recession, a financial system on the verge of collapse, and a governme
5、nt deeply in debt. Experts from across the political spectrum warned that if we did not act, we might face a second depression. So we acted -C immediately and aggressively. And one year later, the worst of the storm has passed.But the devastation remains. One in 10 Americans still cannot find work.
6、Many businesses have shuttered. Home values have declined. Small towns and rural communities have been hit especially hard. And for those whod already known poverty, life has become that much harder.This recession has also compounded the burdens that Americas families have been dealing with for deca
7、des C- the burden of working harder and longer for less; of being unable to save enough to retire or help kids with college. So I know the anxieties that are out there right now. Theyre not new. These struggles are the reason I ran for President. These struggles are what Ive witnessed for years in p
8、laces like Elkhart, Indiana; Galesburg, Illinois. I hear about them in the letters that I read each night. The toughest to read are those written by children -C asking why they have to move from their home, asking when their mom or dad will be able to go back to work.For these Americans and so many
9、others, change has not come fast enough. Some are frustrated; some are angry. They dont understand why it seems like bad behavior on Wall Street is rewarded, but hard work on Main Street isnt; or why Washington has been unable or unwilling to solve any of our problems. Theyre tired of the partisansh
10、ip and the shouting and the pettiness. They know we cant afford it. Not now. So we face big and difficult challenges. And what the American people hope -C what they deserve -C is for all of us, Democrats and Republicans, to work through our differences; to overcome the numbing weight of our politics
11、. For while the people who sent us here have different backgrounds, different stories, different beliefs, the anxieties they face are the same. The aspirations they hold are shared: a job that pays the bills; a chance to get ahead; most of all, the ability to give their children a better life. You k
12、now what else they share? They share a stubborn resilience in the face of adversity. After one of the most difficult years in our history, they remain busy building cars and teaching kids, starting businesses and going back to school. Theyre coaching Little League and helping their neighbors. One wo
13、man wrote to me and said, We are strained but hopeful, struggling but encouraged. s because of this spirit -C this great decency and great strength -C that I have never been more hopeful about Americas future than I am tonight. (Applause.) Despite our hardships, our union is strong. We do not give u
14、p. We do not quit. We do not allow fear or division to break our spirit. In this new decade, its time the American people get a government that matches their decency; that embodies their strength. (Applause.) And tonight, tonight Id like to talk about how together we can deliver on that promise. It
15、begins with our economy. Our most urgent task upon taking office was to shore up the same banks that helped cause this crisis. It was not easy to do. And if theres one thing that has unified Democrats and Republicans, and everybody in between, its that we all hated the bank bailout. I hated it - (ap
16、plause.) I hated it. You hated it. It was about as popular as a root canal. (Laughter.) But when I ran for President, I promised I wouldnt just do what was popular -C I would do what was necessary. And if we had allowed the meltdown of the financial system, unemployment might be double what it is to
17、day. More businesses would certainly have closed. More homes would have surely been lost. So I supported the last administrations efforts to create the financial rescue program. And when we took that program over, we made it more transparent and more accountable. And as a result, the markets are now
18、 stabilized, and weve recovered most of the money we spent on the banks. (Applause.) Most but not all.To recover the rest, Ive proposed a fee on the biggest banks. (Applause.) Now, I know Wall Street isnt keen on this idea. But if these firms can afford to hand out big bonuses again, they can afford
19、 a modest fee to pay back the taxpayers who rescued them in their time of need. (Applause.)Now, as we stabilized the financial system, we also took steps to get our economy growing again, save as many jobs as possible, and help Americans who had become unemployed. Thats why we extended or increased
20、unemployment benefits for more than 18 million Americans; made health insurance 65 percent cheaper for families who get their coverage through COBRA; and passed 25 different tax cuts.Now, let me repeat: We cut taxes. We cut taxes for 95 percent of working families. (Applause.) We cut taxes for small
21、 businesses. We cut taxes for first-time homebuyers. We cut taxes for parents trying to care for their children. We cut taxes for 8 million Americans paying for college. (Applause.)I thought Id get some applause on that one. (Laughter and applause.)As a result, millions of Americans had more to spen
22、d on gas and food and other necessities, all of which helped businesses keep more workers. And we havent raised income taxes by a single dime on a single person. Not a single dime. (Applause.)Because of the steps we took, there are about two million Americans working right now who would otherwise be
23、 unemployed. (Applause.) Two hundred thousand work in construction and clean energy; 300,000 are teachers and other education workers. Tens of thousands are cops, firefighters, correctional officers, first responders. (Applause.) And were on track to add another one and a half million jobs to this t
24、otal by the end of the year.The plan that has made all of this possible, from the tax cuts to the jobs, is the Recovery Act. (Applause.) Thats right -C the Recovery Act, also known as the stimulus bill. (Applause.) Economists on the left and the right say this bill has helped save jobs and avert dis
25、aster. But you dont have to take their word for it. Talk to the small business in Phoenix that will triple its workforce because of the Recovery Act. Talk to the window manufacturer in Philadelphia who said he used to be skeptical about the Recovery Act, until he had to add two more work shifts just
26、 because of the business it created. Talk to the single teacher raising two kids who was told by her principal in the last week of school that because of the Recovery Act, she wouldnt be laid off after all. There are stories like this all across America. And after two years of recession, the economy
27、 is growing again. Retirement funds have started to gain back some of their value. Businesses are beginning to invest again, and slowly some are starting to hire again. But I realize that for every success story, there are other stories, of men and women who wake up with the anguish of not knowing w
28、here their next paycheck will come from; who send out resumes week after week and hear nothing in response. That is why jobs must be our number-one focus in 2010, and thats why Im calling for a new jobs bill tonight. (Applause.) Now, the true engine of job creation in this country will always be Ame
29、ricas businesses. (Applause.) But government can create the conditions necessary for businesses to expand and hire more workers. We should start where most new jobs do C- in small businesses, companies that begin when - (applause) - companies that begin when an entrepreneur - when an entrepreneur ta
30、kes a chance on a dream, or a worker decides its time she became her own boss. Through sheer grit and determination, these companies have weathered the recession and theyre ready to grow. But when you talk to small businessowners in places like Allentown, Pennsylvania, or Elyria, Ohio, you find out
31、that even though banks on Wall Street are lending again, theyre mostly lending to bigger companies. Financing remains difficult for small businessowners across the country, even those that are making a profit.So tonight, Im proposing that we take $30 billion of the money Wall Street banks have repaid and use it to help community banks give small businesses the credit they need to stay afloat. (Applause.) Im also proposing a new small business tax credit-C one that will go to over one million small businesses who hire new workers or raise wages. (Applause.) While were at it, let
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