Welcome to Milwaukee Live

Thursday, May 13, 2010

Obama - I Saved the World Speech

BUFFALO — Emboldened by positive jobs numbers and an uptick in his own polls, President Barack Obama stood squarely behind his economic record Thursday and accused Republicans of doing nothing to contribute to the growth.

Obama said he was empathetic to public concerns over bailouts but defended his administration’s unpopular spending spree on aid for the auto industry, Wall Street and the economy as a whole. He didn’t like the bailouts either, he told an audience in a hard-hit region of upstate New York. He cast his choices as noble ones in which he defied “the politics of the moment” to do “what the moment required.”

“If we simply gave in to the partisan posturing in Washington — all the poll-taking and calculation that caused an entire party to sit on the sidelines – the same party that was in charge when this crisis unfolded — millions more Americans would lose their jobs, their businesses, and their homes,” Obama said in prepared remarks on the floor of Industrial Support Inc., a manufacturer in Buffalo.

“So we met our responsibilities,” the president added. “We did what the moment required.”

The speech unveiled part of the Obama 2010 argument to deficit-wary voters who have yet to see the upside of Democrats’ economic plan.

The president touted the gain of 290,000 jobs last month, giving credit to his administration. Despite the increase in unemployment last month to 9.9 percent, he unequivocally predicted economic growth every month going forward. - Politico Story

No comments: