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Champ Credits Self for Economic Recovery ‐ 'Smart Decisions Early On'
[Breitbart] In his weekly address released Saturday morning, President Barack Obama credited himself for the economic recovery throughout the country and specifically pointed to Elkhart, IN, where he gave a speech about the economy earlier in the week as an example.Transcript as follows: Elkhart, IN was the first town I visited as President. I’d been on the job for three weeks, and we were just a few months into the worst economic crisis of our lifetimes. Elkhart was hit harder than most. Unemployment there peaked at nearly twenty percent shortly after my visit. Nearly one in five people there were out of work. This week, I returned to Elkhart. Unemployment there has now fallen to around four percent. More families are back on sturdy ground; more are covered by health insurance; more of their kids are graduating from high school. And it’s no accident ‐ it’s because people there worked hard, and sacrificed, and looked out for each other. But it’s also because we made a series of smart decisions early in my presidency. To rescue the auto industry. To help families refinance their homes. To invest in things like high-tech manufacturing, clean energy, and the infrastructure that creates good new jobs ‐ not to mention the job training that helps folks earn new skills to fill those jobs. The results are clear. America’s businesses have created 14.5 million new jobs over 75 straight months. We’ve seen the first sustained manufacturing growth since the nineties. We’ve cut unemployment by more than half. Another 20 million Americans have health insurance. And we’ve cut our deficits by nearly 75 percent. Posted by: Besoeker 2016-06-05 |
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