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obama
In addition, there were a bunch of price tags that went with that. And so, even though these were emergency situations, people rightly said, gosh, we already have all this debt, we already have these big deficits; this is potentially going to compound it, and at what point are we going to get back to a situation where we're doing what families all around the country do, which is make sure that if you spend something you know how to pay for it -- as opposed to racking up the credit card for the next generation.
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obama
The EPA is under a court order that says greenhouse gases are a pollutant that fall under their jurisdiction. And I think one of the things that's very important for me is not to have us ignore the science, but rather to find ways that we can solve these problems that don't hurt the economy, that encourage the development of clean energy in this country, that, in fact, may give us opportunities to create entire new industries and create jobs that -- and that put us in a competitive posture around the world.
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obama
And so one of the things that I've got to take responsibility for is not having moved enough on those fronts. And I think there is an opportunity to move forward on some of those issues. My understanding is Eric Cantor today said that he wanted to see a moratorium on earmarks continuing. That's something I think we can -- we can work on together.
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obama
Now, as Commander-in-Chief, I've said that making this change needs to be done in an orderly fashion. I've worked with the Pentagon, worked with Secretary Gates, worked with Admiral Mullen to make sure that we are looking at this in a systemic way that maintains good order and discipline, but that we need to change this policy.
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obama
Well, it also means one out of two voters think it was the right thing to do. And obviously this is an issue that has been contentious. But as I said, I think what's going to be useful is for us to go through the issues that Republicans have issues on -- not sort of talking generally, but let's talk specifics. Does this particular provision -- when it comes to preexisting conditions, is this something you're for or you're against? Helping seniors get their prescription drugs -- does that make sense or not?
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obama
So the question I think that my Republican friends and me and Democratic leaders are going to have answer is, what are our priorities? What do we care about? And that's going to be a tough debate, because there are some tough choices here.
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obama
What yesterday also told us is that no one party will be able to dictate where we go from here, that we must find common ground in order to set -- in order to make progress on some uncommonly difficult challenges. And I told John Boehner and Mitch McConnell last night I am very eager to sit down with members of both parties and figure out how we can move forward together.
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obama
I think there are a lot of Republicans that ran against the energy bill that passed in the House last year. And so it's doubtful that you could get the votes to pass that through the House this year or next year or the year after. But that doesn't mean there isn't agreement that we should have a better energy policy. And so let's find those areas where we can agree.
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obama
For the fact is, real reform does not come at the ballot box alone. Through our efforts we must support those basic rights to speak your mind and access information. We will support open access to the Internet, and the right of journalists to be heard -- whether it's a big news organization or a lone blogger. In the 21st century, information is power, the truth cannot be hidden, and the legitimacy of governments will ultimately depend on active and informed citizens.
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obama
While Libya has faced violence on the greatest scale, it's not the only place where leaders have turned to repression to remain in power. Most recently, the Syrian regime has chosen the path of murder and the mass arrests of its citizens. The United States has condemned these actions, and working with the international community we have stepped up our sanctions on the Syrian regime -- including sanctions announced yesterday on President Assad and those around him.
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obama
Fourth, the United States will launch a comprehensive Trade and Investment Partnership Initiative in the Middle East and North Africa. If you take out oil exports, this entire region of over 400 million people exports roughly the same amount as Switzerland. So we will work with the EU to facilitate more trade within the region, build on existing agreements to promote integration with U. S. and European markets, and open the door for those countries who adopt high standards of reform and trade liberalization to construct a regional trade arrangement. And just as EU membership served as an incentive for reform in Europe, so should the vision of a modern and prosperous economy create a powerful force for reform in the Middle East and North Africa.
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obama
These principles provide a foundation for negotiations. Palestinians should know the territorial outlines of their state; Israelis should know that their basic security concerns will be met. I'm aware that these steps alone will not resolve the conflict, because two wrenching and emotional issues will remain: the future of Jerusalem, and the fate of Palestinian refugees. But moving forward now on the basis of territory and security provides a foundation to resolve those two issues in a way that is just and fair, and that respects the rights and aspirations of both Israelis and Palestinians.
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obama
For the American people, the scenes of upheaval in the region may be unsettling, but the forces driving it are not unfamiliar. Our own nation was founded through a rebellion against an empire. Our people fought a painful Civil War that extended freedom and dignity to those who were enslaved. And I would not be standing here today unless past generations turned to the moral force of nonviolence as a way to perfect our union -- organizing, marching, protesting peacefully together to make real those words that declared our nation: "We hold these truths to be self-evident, that all men are created equal."
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obama
Of course, as we do, we must proceed with a sense of humility. It's not America that put people into the streets of Tunis or Cairo -- it was the people themselves who launched these movements, and it's the people themselves that must ultimately determine their outcome.
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obama
So we face a historic opportunity. We have the chance to show that America values the dignity of the street vendor in Tunisia more than the raw power of the dictator. There must be no doubt that the United States of America welcomes change that advances self-determination and opportunity. Yes, there will be perils that accompany this moment of promise. But after decades of accepting the world as it is in the region, we have a chance to pursue the world as it should be.
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obama
But the events of the past six months show us that strategies of repression and strategies of diversion will not work anymore. Satellite television and the Internet provide a window into the wider world -- a world of astonishing progress in places like India and Indonesia and Brazil. Cell phones and social networks allow young people to connect and organize like never before. And so a new generation has emerged. And their voices tell us that change cannot be denied.
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obama
The fact is, a growing number of Palestinians live west of the Jordan River. Technology will make it harder for Israel to defend itself. A region undergoing profound change will lead to populism in which millions of people -- not just one or two leaders -- must believe peace is possible. The international community is tired of an endless process that never produces an outcome. The dream of a Jewish and democratic state cannot be fulfilled with permanent occupation.
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obama
Prosperity also requires tearing down walls that stand in the way of progress -- the corruption of elites who steal from their people; the red tape that stops an idea from becoming a business; the patronage that distributes wealth based on tribe or sect. We will help governments meet international obligations, and invest efforts at anti-corruption -- by working with parliamentarians who are developing reforms, and activists who use technology to increase transparency and hold government accountable. Politics and human rights; economic reform.
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obama
I disagree. At a time when the people of the Middle East and North Africa are casting off the burdens of the past, the drive for a lasting peace that ends the conflict and resolves all claims is more urgent than ever. That's certainly true for the two parties involved.
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obama
We look forward to working with all who embrace genuine and inclusive democracy. What we will oppose is an attempt by any group to restrict the rights of others, and to hold power through coercion and not consent. Because democracy depends not only on elections, but also strong and accountable institutions, and the respect for the rights of minorities.
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obama
That is the choice that must be made -- not simply in the Israeli-Palestinian conflict, but across the entire region -- a choice between hate and hope; between the shackles of the past and the promise of the future. It's a choice that must be made by leaders and by the people, and it's a choice that will define the future of a region that served as the cradle of civilization and a crucible of strife.
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obama
And this lack of self-determination -- the chance to make your life what you will -- has applied to the region's economy as well. Yes, some nations are blessed with wealth in oil and gas, and that has led to pockets of prosperity. But in a global economy based on knowledge, based on innovation, no development strategy can be based solely upon what comes out of the ground. Nor can people reach their potential when you cannot start a business without paying a bribe.
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obama
Now, even as we promote political reform, even as we promote human rights in the region, our efforts can't stop there. So the second way that we must support positive change in the region is through our efforts to advance economic development for nations that are transitioning to democracy.
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obama
There are times in the course of history when the actions of ordinary citizens spark movements for change because they speak to a longing for freedom that has been building up for years. In America, think of the defiance of those patriots in Boston who refused to pay taxes to a King, or the dignity of Rosa Parks as she sat courageously in her seat. So it was in Tunisia, as that vendor's act of desperation tapped into the frustration felt throughout the country. Hundreds of protesters took to the streets, then thousands. And in the face of batons and sometimes bullets, they refused to go home -- day after day, week after week -- until a dictator of more than two decades finally left power.
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obama
As for security, every state has the right to self-defense, and Israel must be able to defend itself -- by itself -- against any threat. Provisions must also be robust enough to prevent a resurgence of terrorism, to stop the infiltration of weapons, and to provide effective border security. The full and phased withdrawal of Israeli military forces should be coordinated with the assumption of Palestinian security responsibility in a sovereign, non-militarized state. And the duration of this transition period must be agreed, and the effectiveness of security arrangements must be demonstrated.
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obama
Now, already, we've done much to shift our foreign policy following a decade defined by two costly conflicts. After years of war in Iraq, we've removed 100,000 American troops and ended our combat mission there. In Afghanistan, we've broken the Taliban's momentum, and this July we will begin to bring our troops home and continue a transition to Afghan lead. And after years of war against al Qaeda and its affiliates, we have dealt al Qaeda a huge blow by killing its leader, Osama bin Laden.
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obama
What is true for religious minorities is also true when it comes to the rights of women. History shows that countries are more prosperous and more peaceful when women are empowered. And that's why we will continue to insist that universal rights apply to women as well as men -- by focusing assistance on child and maternal health; by helping women to teach, or start a business; by standing up for the right of women to have their voices heard, and to run for office. The region will never reach its full potential when more than half of its population is prevented from achieving their full potential.
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obama
Not every country will follow our particular form of representative democracy, and there will be times when our short-term interests don't align perfectly with our long-term vision for the region. But we can, and we will, speak out for a set of core principles -- principles that have guided our response to the events over the past six months:
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obama
Thank you very much, everybody. Thank you.
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obama
Now, let me say this: Recognizing that negotiations need to begin with the issues of territory and security does not mean that it will be easy to come back to the table. In particular, the recent announcement of an agreement between Fatah and Hamas raises profound and legitimate questions for Israel: How can one negotiate with a party that has shown itself unwilling to recognize your right to exist? And in the weeks and months to come, Palestinian leaders will have to provide a credible answer to that question. Meanwhile, the United States, our Quartet partners, and the Arab states will need to continue every effort to get beyond the current impasse.
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obama
We will continue to do these things, with the firm belief that America's interests are not hostile to people's hopes; they're essential to them. We believe that no one benefits from a nuclear arms race in the region, or al Qaeda's brutal attacks. We believe people everywhere would see their economies crippled by a cut-off in energy supplies. As we did in the Gulf War, we will not tolerate aggression across borders, and we will keep our commitments to friends and partners.
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obama
Such tolerance is particularly important when it comes to religion. In Tahrir Square, we heard Egyptians from all walks of life chant, "Muslims, Christians, we are one." America will work to see that this spirit prevails -- that all faiths are respected, and that bridges are built among them. In a region that was the birthplace of three world religions, intolerance can lead only to suffering and stagnation. And for this season of change to succeed, Coptic Christians must have the right to worship freely in Cairo, just as Shia must never have their mosques destroyed in Bahrain.
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obama
Those shouts of human dignity are being heard across the region. And through the moral force of nonviolence, the people of the region have achieved more change in six months than terrorists have accomplished in decades.
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obama
And that's why, two years ago in Cairo, I began to broaden our engagement based upon mutual interests and mutual respect. I believed then -- and I believe now -- that we have a stake not just in the stability of nations, but in the self-determination of individuals. The status quo is not sustainable. Societies held together by fear and repression may offer the illusion of stability for a time, but they are built upon fault lines that will eventually tear asunder.
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obama
For the Palestinians, efforts to delegitimize Israel will end in failure. Symbolic actions to isolate Israel at the United Nations in September won't create an independent state. Palestinian leaders will not achieve peace or prosperity if Hamas insists on a path of terror and rejection. And Palestinians will never realize their independence by denying the right of Israel to exist.
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obama
The United States supports a set of universal rights. And these rights include free speech, the freedom of peaceful assembly, the freedom of religion, equality for men and women under the rule of law, and the right to choose your own leaders -- whether you live in Baghdad or Damascus, Sanaa or Tehran.
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obama
Third, we're working with Congress to create Enterprise Funds to invest in Tunisia and Egypt. And these will be modeled on funds that supported the transitions in Eastern Europe after the fall of the Berlin Wall. OPIC will soon launch a $2 billion facility to support private investment across the region. And we will work with the allies to refocus the European Bank for Reconstruction and Development so that it provides the same support for democratic transitions and economic modernization in the Middle East and North Africa as it has in Europe.
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obama
So in the months ahead, America must use all our influence to encourage reform in the region. Even as we acknowledge that each country is different, we need to speak honestly about the principles that we believe in, with friend and foe alike. Our message is simple: If you take the risks that reform entails, you will have the full support of the United States.
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obama
First, we've asked the World Bank and the International Monetary Fund to present a plan at next week's G8 summit for what needs to be done to stabilize and modernize the economies of Tunisia and Egypt. Together, we must help them recover from the disruptions of their democratic upheaval, and support the governments that will be elected later this year. And we are urging other countries to help Egypt and Tunisia meet its near-term financial needs.
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obama
Let me be specific. First, it will be the policy of the United States to promote reform across the region, and to support transitions to democracy. That effort begins in Egypt and Tunisia, where the stakes are high -- as Tunisia was at the vanguard of this democratic wave, and Egypt is both a longstanding partner and the Arab world's largest nation. Both nations can set a strong example through free and fair elections, a vibrant civil society, accountable and effective democratic institutions, and responsible regional leadership. But our support must also extend to nations where transitions have yet to take place.
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obama
Bin Laden and his murderous vision won some adherents. But even before his death, al Qaeda was losing its struggle for relevance, as the overwhelming majority of people saw that the slaughter of innocents did not answer their cries for a better life. By the time we found bin Laden, al Qaeda's agenda had come to be seen by the vast majority of the region as a dead end, and the people of the Middle East and North Africa had taken their future into their own hands.
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obama
Over the last two months, Washington has been dominated by some pretty contentious debates -- I think that's fair to say. And between a reckless shutdown by congressional Republicans in an effort to repeal the Affordable Care Act, and admittedly poor execution on my administration's part in implementing the latest stage of the new law, nobody has acquitted themselves very well these past few months. So it's not surprising that the American people's frustrations with Washington are at an all-time high.
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obama
That's why we have nutrition assistance or the program known as SNAP, because it makes a difference for a mother who's working, but is just having a hard time putting food on the table for her kids. That's why we have unemployment insurance, because it makes a difference for a father who lost his job and is out there looking for a new one that he can keep a roof over his kids' heads. By the way, Christmastime is no time for Congress to tell more than 1 million of these Americans that they have lost their unemployment insurance, which is what will happen if Congress does not act before they leave on their holiday vacation.
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obama
Over the past 10 years, the Center for American Progress has done incredible work to shape the debate over expanding opportunity for all Americans. And I could not be more grateful to CAP not only for giving me a lot of good policy ideas, but also giving me a lot of staff. My friend, John Podesta, ran my transition; my Chief of Staff, Denis McDonough, did a stint at CAP. So you guys are obviously doing a good job training folks.
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obama
And that's why from day one we've worked to get the economy growing and help our businesses hire. And thanks to their resilience and innovation, they've created nearly 8 million new jobs over the past 44 months. And now we've got to grow the economy even faster. And we've got to keep working to make America a magnet for good, middle-class jobs to replace the ones that we've lost in recent decades -- jobs in manufacturing and energy and infrastructure and technology.
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obama
Now, you'll be pleased to know this is not a State of the Union Address. And many of the ideas that can make the biggest difference in expanding opportunity I've presented before. But let me offer a few key principles, just a roadmap that I believe should guide us in both our legislative agenda and our administrative efforts.
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obama
The top 10 percent no longer takes in one-third of our income -- it now takes half. Whereas in the past, the average CEO made about 20 to 30 times the income of the average worker, today's CEO now makes 273 times more. And meanwhile, a family in the top 1 percent has a net worth 288 times higher than the typical family, which is a record for this country.
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obama
But we've also seen how government action time and again can make an enormous difference in increasing opportunity and bolstering ladders into the middle class. Investments in education, laws establishing collective bargaining, and a minimum wage -- these all contributed to rising standards of living for massive numbers of Americans. Likewise, when previous generations declared that every citizen of this country deserved a basic measure of security -- a floor through which they could not fall -- we helped millions of Americans live in dignity, and gave millions more the confidence to aspire to something better, by taking a risk on a great idea.
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obama
Second, we need to dispel the myth that the goals of growing the economy and reducing inequality are necessarily in conflict, when they should actually work in concert. We know from our history that our economy grows best from the middle out, when growth is more widely shared. And we know that beyond a certain level of inequality, growth actually slows altogether.
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So the basic bargain at the heart of our economy has frayed. In fact, this trend towards growing inequality is not unique to America's market economy. Across the developed world, inequality has increased. Some of you may have seen just last week, the Pope himself spoke about this at eloquent length. "How can it be," he wrote, "that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses two points?"
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obama
So let me repeat: The combined trends of increased inequality and decreasing mobility pose a fundamental threat to the American Dream, our way of life, and what we stand for around the globe. And it is not simply a moral claim that I'm making here. There are practical consequences to rising inequality and reduced mobility.
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obama
Others argue that if we raise the minimum wage, companies will just pass those costs on to consumers. But a growing chorus of businesses, small and large, argue differently. And already, there are extraordinary companies in America that provide decent wages, salaries, and benefits, and training for their workers, and deliver a great product to consumers.
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obama
Fifth, we've got to revamp retirement to protect Americans in their golden years, to make sure another housing collapse doesn't steal the savings in their homes. We've also got to strengthen our safety net for a new age, so it doesn't just protect people who hit a run of bad luck from falling into poverty, but also propels them back out of poverty.
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obama
That's why we fought for the Affordable Care Act because 14,000 Americans lost their health insurance every single day, and even more died each year because they didn't have health insurance at all. We did it because millions of families who thought they had coverage were driven into bankruptcy by out-of-pocket costs that they didn't realize would be there. Tens of millions of our fellow citizens couldn't get any coverage at all. And Dr. King once said, "Of all the forms of inequality, injustice in health care is the most shocking and inhumane."
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obama
Well, not anymore. Because in the three years since we passed this law, the share of Americans with insurance is up, the growth of health care costs are down to their slowest rate in 50 years. More people have insurance, and more have new benefits and protections -- 100 million Americans who have gained the right for free preventive care like mammograms and contraception; the more than 7 million Americans who have saved an average of $1,200 on their prescription medicine; every American who won't go broke when they get sick because their insurance can't limit their care anymore.
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obama
And that's why, even as I will keep on offering my own ideas for expanding opportunity, I'll also keep challenging and welcoming those who oppose my ideas to offer their own. If Republicans have concrete plans that will actually reduce inequality, build the middle class, provide more ladders of opportunity to the poor, let's hear them. I want to know what they are. If you don't think we should raise the minimum wage, let's hear your idea to increase people's earnings. If you don't think every child should have access to preschool, tell us what you'd do differently to give them a better shot.
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obama
To begin with, we have to continue to relentlessly push a growth agenda. It may be true that in today's economy, growth alone does not guarantee higher wages and incomes. We've seen that. But what's also true is we can't tackle inequality if the economic pie is shrinking or stagnant. The fact is if you're a progressive and you want to help the middle class and the working poor, you've still got to be concerned about competitiveness and productivity and business confidence that spurs private sector investment.
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obama
Nevertheless, during the post-World War II years, the economic ground felt stable and secure for most Americans, and the future looked brighter than the past. And for some, that meant following in your old man's footsteps at the local plant, and you knew that a blue-collar job would let you buy a home, and a car, maybe a vacation once in a while, health care, a reliable pension. For others, it meant going to college -- in some cases, maybe the first in your family to go to college. And it meant graduating without taking on loads of debt, and being able to count on advancement through a vibrant job market.
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obama
A new study shows that disparities in education, mental health, obesity, absent fathers, isolation from church, isolation from community groups -- these gaps are now as much about growing up rich or poor as they are about anything else. The gap in test scores between poor kids and wealthy kids is now nearly twice what it is between white kids and black kids. Kids with working-class parents are 10 times likelier than kids with middle- or upper-class parents to go through a time when their parents have no income. So the fact is this: The opportunity gap in America is now as much about class as it is about race, and that gap is growing.
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obama
It means a trade agenda that grows exports and works for the middle class. It means streamlining regulations that are outdated or unnecessary or too costly. And it means coming together around a responsible budget -- one that grows our economy faster right now and shrinks our long-term deficits, one that unwinds the harmful sequester cuts that haven't made a lot of sense and then frees up resources to invest in things like the scientific research that's always unleashed new innovation and new industries.
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obama
And finally, rising inequality and declining mobility are bad for our democracy. Ordinary folks can't write massive campaign checks or hire high-priced lobbyists and lawyers to secure policies that tilt the playing field in their favor at everyone else's expense. And so people get the bad taste that the system is rigged, and that increases cynicism and polarization, and it decreases the political participation that is a requisite part of our system of self-government.
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Now, we all know the arguments that have been used against a higher minimum wage. Some say it actually hurts low-wage workers -- businesses will be less likely to hire them. But there's no solid evidence that a higher minimum wage costs jobs, and research shows it raises incomes for low-wage workers and boosts short-term economic growth.
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And I've also embraced an idea that I know all of you at the Center for American Progress have championed -- and, by the way, Republican governors in a couple of states have championed -- and that's making high-quality preschool available to every child in America. We know that kids in these programs grow up likelier to get more education, earn higher wages, form more stable families of their own. It starts a virtuous cycle, not a vicious one. And we should invest in that. We should give all of our children that chance.
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obama
This shouldn't be an ideological question. It was Adam Smith, the father of free-market economics, who once said, "They who feed, clothe, and lodge the whole body of the people should have such a share of the produce of their own labor as to be themselves tolerably well fed, clothed, and lodged." And for those of you who don't speak old-English let me translate. It means if you work hard, you should make a decent living. If you work hard, you should be able to support a family.
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The idea that so many children are born into poverty in the wealthiest nation on Earth is heartbreaking enough. But the idea that a child may never be able to escape that poverty because she lacks a decent education or health care, or a community that views her future as their own, that should offend all of us and it should compel us to action. We are a better country than this.
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But government can't stand on the sidelines in our efforts. Because government is us. It can and should reflect our deepest values and commitments. And if we refocus our energies on building an economy that grows for everybody, and gives every child in this country a fair chance at success, then I remain confident that the future still looks brighter than the past, and that the best days for this country we love are still ahead.
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And it is these numbers -- not the ones in any poll -- that will ultimately determine the fate of this law. It's the measurable outcomes in reduced bankruptcies and reduced hours that have been lost because somebody couldn't make it to work, and healthier kids with better performance in schools, and young entrepreneurs who have the freedom to go out there and try a new idea -- those are the things that will ultimately reduce a major source of inequality and help ensure more Americans get the start that they need to succeed in the future.
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Together, we forged a New Deal, declared a War on Poverty in a great society. We built a ladder of opportunity to climb, and stretched out a safety net beneath so that if we fell, it wouldn't be too far, and we could bounce back. And as a result, America built the largest middle class the world has ever known. And for the three decades after World War II, it was the engine of our prosperity.
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So this is an issue that we have to tackle head on. And if, in fact, the majority of Americans agree that our number-one priority is to restore opportunity and broad-based growth for all Americans, the question is why has Washington consistently failed to act? And I think a big reason is the myths that have developed around the issue of inequality.
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Now, it's true that those at the top, even in those years, claimed a much larger share of income than the rest: The top 10 percent consistently took home about one-third of our national income. But that kind of inequality took place in a dynamic market economy where everyone's wages and incomes were growing. And because of upward mobility, the guy on the factory floor could picture his kid running the company some day.
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So we've put forward new plans to help these communities and their residents, because we've watched cities like Pittsburgh or my hometown of Chicago revamp themselves. And if we give more cities the tools to do it -- not handouts, but a hand up -- cities like Detroit can do it, too. So in a few weeks, we'll announce the first of these Promise Zones, urban and rural communities where we're going to support local efforts focused on a national goal -- and that is a child's course in life should not be determined by the zip code he's born in, but by the strength of his work ethic and the scope of his dreams.
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So let me end by addressing the elephant in the room here, which is the seeming inability to get anything done in Washington these days. I realize we are not going to resolve all of our political debates over the best ways to reduce inequality and increase upward mobility this year, or next year, or in the next five years. But it is important that we have a serious debate about these issues. For the longer that current trends are allowed to continue, the more it will feed the cynicism and fear that many Americans are feeling right now -- that they'll never be able to repay the debt they took on to go to college, they'll never be able to save enough to retire, they'll never see their own children land a good job that supports a family.
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As values of community broke down, and competitive pressure increased, businesses lobbied Washington to weaken unions and the value of the minimum wage. As a trickle-down ideology became more prominent, taxes were slashed for the wealthiest, while investments in things that make us all richer, like schools and infrastructure, were allowed to wither. And for a certain period of time, we could ignore this weakening economic foundation, in part because more families were relying on two earners as women entered the workforce. We took on more debt financed by a juiced-up housing market. But when the music stopped, and the crisis hit, millions of families were stripped of whatever cushion they had left.
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I also want to thank all the members of Congress and my administration who are here today for the wonderful work that they do. I want to thank Mayor Gray and everyone here at THEARC for having me. This center, which I've been to quite a bit, have had a chance to see some of the great work that's done here. And all the nonprofits that call THEARC home offer access to everything from education, to health care, to a safe shelter from the streets, which means that you're harnessing the power of community to expand opportunity for folks here in D. C. And your work reflects a tradition that runs through our history -- a belief that we're greater together than we are on our own. And that's what I've come here to talk about today.
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And the result is an economy that's become profoundly unequal, and families that are more insecure. I'll just give you a few statistics. Since 1979, when I graduated from high school, our productivity is up by more than 90 percent, but the income of the typical family has increased by less than eight percent. Since 1979, our economy has more than doubled in size, but most of that growth has flowed to a fortunate few.
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That's the country our parents and grandparents and generations before them built for us. That's the tradition we must uphold. That's the legacy we must leave for those who are yet to come.
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Are we a nation that tolerates the hypocrisy of a system where workers who pick our fruit and make our beds never have a chance to get right with the law? Or are we a nation that gives them a chance to make amends, take responsibility, and give their kids a better future?
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It's been this way for decades. And for decades, we haven't done much about it.
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Are we a nation that kicks out a striving, hopeful immigrant like Astrid, or are we a nation that finds a way to welcome her in? Scripture tells us that we shall not oppress a stranger, for we know the heart of a stranger -- we were strangers once, too.
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For more than 200 years, our tradition of welcoming immigrants from around the world has given us a tremendous advantage over other nations. It's kept us youthful, dynamic, and entrepreneurial. It has shaped our character as a people with limitless possibilities -- people not trapped by our past, but able to remake ourselves as we choose.
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Because for all the back and forth of Washington, we have to remember that this debate is about something bigger. It's about who we are as a country, and who we want to be for future generations.
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These people -- our neighbors, our classmates, our friends -- they did not come here in search of a free ride or an easy life. They came to work, and study, and serve in our military, and above all, contribute to America's success.
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Now, I continue to believe that the best way to solve this problem is by working together to pass that kind of common sense law. But until that happens, there are actions I have the legal authority to take as President -- the same kinds of actions taken by Democratic and Republican presidents before me -- that will help make our immigration system more fair and more just.
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Families who enter our country the right way and play by the rules watch others flout the rules. Business owners who offer their workers good wages and benefits see the competition exploit undocumented immigrants by paying them far less. All of us take offense to anyone who reaps the rewards of living in America without taking on the responsibilities of living in America. And undocumented immigrants who desperately want to embrace those responsibilities see little option but to remain in the shadows, or risk their families being torn apart.
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Are we a nation that educates the world's best and brightest in our universities, only to send them home to create businesses in countries that compete against us? Or are we a nation that encourages them to stay and create jobs here, create businesses here, create industries right here in America?
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Had the House of Representatives allowed that kind of bill a simple yes-or-no vote, it would have passed with support from both parties, and today it would be the law. But for a year and a half now, Republican leaders in the House have refused to allow that simple vote.
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The actions I'm taking are not only lawful, they're the kinds of actions taken by every single Republican President and every single Democratic President for the past half century. And to those members of Congress who question my authority to make our immigration system work better, or question the wisdom of me acting where Congress has failed, I have one answer: Pass a bill.
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Now here's the thing: We expect people who live in this country to play by the rules. We expect that those who cut the line will not be unfairly rewarded. So we're going to offer the following deal: If you've been in America for more than five years; if you have children who are American citizens or legal residents; if you register, pass a criminal background check, and you're willing to pay your fair share of taxes -- you'll be able to apply to stay in this country temporarily without fear of deportation. You can come out of the shadows and get right with the law. That's what this deal is.
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So one of the lessons we've learned from this spill is that we need better regulations, better safety standards, and better enforcement when it comes to offshore drilling. But a larger lesson is that no matter how much we improve our regulation of the industry, drilling for oil these days entails greater risk. After all, oil is a finite resource. We consume more than 20 percent of the world's oil, but have less than 2 percent of the world's oil reserves. And that's part of the reason oil companies are drilling a mile beneath the surface of the ocean -- because we're running out of places to drill on land and in shallow water.
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Now, there are costs associated with this transition. And there are some who believe that we can't afford those costs right now. I say we can't afford not to change how we produce and use energy -- because the long-term costs to our economy, our national security, and our environment are far greater.
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Tonight, we pray for that courage. We pray for the people of the Gulf. And we pray that a hand may guide us through the storm towards a brighter day. Thank you, God bless you, and may God bless the United States of America.
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Beyond compensating the people of the Gulf in the short term, it's also clear we need a long-term plan to restore the unique beauty and bounty of this region. The oil spill represents just the latest blow to a place that's already suffered multiple economic disasters and decades of environmental degradation that has led to disappearing wetlands and habitats. And the region still hasn't recovered from Hurricanes Katrina and Rita. That's why we must make a commitment to the Gulf Coast that goes beyond responding to the crisis of the moment.
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The consequences of our inaction are now in plain sight. Countries like China are investing in clean energy jobs and industries that should be right here in America. Each day, we send nearly $1 billion of our wealth to foreign countries for their oil. And today, as we look to the Gulf, we see an entire way of life being threatened by a menacing cloud of black crude.
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As a result of these efforts, we've directed BP to mobilize additional equipment and technology. And in the coming weeks and days, these efforts should capture up to 90 percent of the oil leaking out of the well. This is until the company finishes drilling a relief well later in the summer that's expected to stop the leak completely.
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As the cleanup continues, we will offer whatever additional resources and assistance our coastal states may need. Now, a mobilization of this speed and magnitude will never be perfect, and new challenges will always arise. I saw and heard evidence of that during this trip. So if something isn't working, we want to hear about it. If there are problems in the operation, we will fix them.
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The oil spill is not the last crisis America will face. This nation has known hard times before and we will surely know them again. What sees us through -- what has always seen us through -- is our strength, our resilience, and our unyielding faith that something better awaits us if we summon the courage to reach for it.
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The ceremony goes on in good times and in bad. It took place after Katrina, and it took place a few weeks ago -- at the beginning of the most difficult season these fishermen have ever faced.
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Each of us has a part to play in a new future that will benefit all of us. As we recover from this recession, the transition to clean energy has the potential to grow our economy and create millions of jobs -- but only if we accelerate that transition. Only if we seize the moment. And only if we rally together and act as one nation -- workers and entrepreneurs; scientists and citizens; the public and private sectors.
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But make no mistake: We will fight this spill with everything we've got for as long as it takes. We will make BP pay for the damage their company has caused. And we will do whatever's necessary to help the Gulf Coast and its people recover from this tragedy.
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And still, they came and they prayed. For as a priest and former fisherman once said of the tradition, "The blessing is not that God has promised to remove all obstacles and dangers. The blessing is that He is with us always," a blessing that's granted "even in the midst of the storm."
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