President Barack Obama in his weekly radio-Internet address, which usually arrives on Saturday, told Americans that his administration is making progress and will not rest until the tough economy is revived. He used the traditional Thanksgiving Day message to say he is doing his best to make things better.
“As much as we all have to be thankful for, we also know that this year millions of Americans are facing very difficult economic times,” Obama said. “Many have lost jobs in this recession – the worst in generations. Many more are struggling to afford health care premiums and house payments, let alone to save for an education or retirement. Too many are wondering if the dream of a middle class life – that American Dream – is slipping away.”
Pres. Obama said the struggles of good, hard-working people who are doing their best, but fear that their best “just isn’t good enough” must be our concern.
“That’s why we passed the Recovery Act that cut taxes for 95 percent of working people and for small businesses – and that extended unemployment benefits and health coverage for millions of Americans who lost their jobs in this turmoil,” Obama said. “The investments we have made and tough steps we have taken have helped break the back of the recession, and now our economy is finally growing again.”
He said job recovery from the economic crisis would not come easily or quickly.
“Though the job losses we were experiencing earlier this year have slowed dramatically, we’re still not creating enough new jobs each month to make up for the ones we’re losing. And no matter what the economists say, for families and communities across the country, this recession will not end until we completely turn that tide,” Obama said.
While saying there has been progress, Obama added that his administration will not rest “until we have revived this economy and rebuilt it stronger than before; until we are creating jobs and opportunities for middle class families; until we have moved beyond the cycles of boom and bust – of reckless risk and speculation – that led us to so much crisis and pain these past few years.”
He will meet with business and labor leaders, academics and economists, community activists and others next week to discuss ideas on job creation. “I will work with the Congress to enact them quickly,” Obama said.
Click on video below for entire message
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