Viasat Corporate Headquarters
Carlsbad, California
12:20 P.M. PDT
THE PRESIDENT: Taryn, thanks very much for that introduction. And are the bad guys on the opposite side of the hedge? I mean, what’s the story? (Laughter.)
I see the individuals who own this operation or set it up. You guys are allowed to return on this side, you already know? Anyway. (Laughs.)
Anyway, thanks all very much. Thanks for that introduction and to your service and the service of your husband. I mean that sincerely.
You understand, the — I spent a good period of time — I suppose I used to be in about 34, 35 times in Afghanistan and Iraq. And also you were at Camp Victory where — my son was at Ca- — his hooch was only a few couple hundred yards from that burn pit. And he got here home with Stage 4 — he went because the healthiest guy in his division — not division, his regiment. And got here home with Stage 4 glioblastoma.
So, we — we owe — we owe lots of folks.
You understand, lots of you listed here are veterans of — of Iraq and Afghanistan. As I said, I visited each warzones as a senator and Vice President so much. And a few Godforsaken areas that you just were assigned.
And I watched you. I observed your incredible courage firsthand. Not a joke. That’s why you reinforced my belief that veterans are actually the spine, the very sinew of what America is. Not a joke. One percent of you — 1 percent of you serve and protect the opposite 99 percent. All of us owe you.
You understand, I just met a number of folks who work with Jill, my wife, the First Lady. She began an outfit called Joining Forces when she was the First [Second] Lady to ensure that we took care of the military families while the people were deployed.
What people don’t realize is there’s a complete lot of oldsters who were deployed in those two wars who were, in actual fact, not profession military. National Guard. We had a big variety of National Guard; almost at one point, 50 percent of the fighters were National Guard.
And — and, you already know, there are lots of empty dinner tables at night. At the least whenever you’re on a base, you’re with other individuals who know what you’re going through. But most individuals had no concept that the National Guard — a captain or a corporal — was, in actual fact, deployed.
And he or she began this outfit, too, within the state of Delaware — my wife — to say — persuade people who they need to reach out, because, you already know, the child — the one kid at school who — whose dad doesn’t show up is the child whose dad is deployed, and nobody knows it.
And so we began — or she began a process where she got all the faculties — and never only in Delaware, but across the country — to start to say — indicate the incontrovertible fact that their mom or dad was deployed. It makes a difference. They’re not searching for it, nevertheless it makes a difference just knowing people know. Knowing people know.
To all of the veterans here and your families, as I said, we owe you. I’ve said over and over before, we’ve got many obligations as a rustic, but we only have one truly sacred obligation, and it’s a sacred obligation: It’s to arrange those we send to war and take care of their families and them once they come home. That’s a sacred — we’ve got lots of obligations, but that’s a very sacred obligation that crosses party lines, crosses ideology, and crosses every part.
And, you already know, and that’s what today is about.
It’s good to be here in San Diego County with Mayor Gloria and the County Chair Fletcher.
And Congressman Scott Peters is an excellent friend and an incredible partner for my administration, espel- — especially helping to scale back the fee of medicine in addition to caring for vets. Scott, your district is lucky to have you ever.
And I would like to thank Congressman Mike Levin. (Applause.) Get up, Scott. Get up.
Boy, this guy is the true deal. (Laughs.) He’s the true deal.
And I would like to ask Congressman Mike Levin — thank him for welcoming me to his district today. Mike, where are you? There you go. Mike — (applause) — Mike and I actually have so much in common. We each married way above our station. (Laughter.)
Mike’s a — Mike’s a hell of a man, a champion for his constituents, especially veterans who live here. You’re not removed from Pendleton — across the road, figuratively speaking.
You understand, and that’s why, in my State of the Union Address, I said that — I laid out what I called a Unity Agenda, an agenda that everyone could agree on, on 4 big things. I laid so much more, but 4 big things.
One, coping with the opioid crisis.
Two, with the mental health crisis as a consequence of — how COVID has inflicted on an awful lot of oldsters across the country.
Cope with cancer, because we will beat cancer. We’re now going to speculate in billions to cope with that.
And supporting our veterans.
And with the assistance of Mike, we also — he’s also Vice Chair of the House Veterans Affairs Committee. We signed 25 bipartisan bills that improve life for our — take care of our veterans and honor the service of those that sacrificed a lot.
Certainly one of those bills is a bill that renames the VA medical center in San Diego. And it renames it Captain Jennifer Moreno, an Army nurse who died while rendering aid under fire for an injured Army Ranger in Afghanistan.
Numerous you will have been to Afghanistan. I’ve been to each a part of it. It’s a godforsaken place. It’s a godforsaken place.
After we — my helicopter went down, I used to be with the — the — the commander in addition to a pair snipers and — and a man named Hagel, who was — later became the Secretary of Defense and a man named Kerry, the Secretary of — of State.
And he desired to see — they desired to see where bin Laden had escaped through the mountains up within the upper Kunar Valley. So the upper Kunar Valley is nothing but rock — straight rocks. There’s no vegetation in any respect. A few of you will have been there.
And well, our helicopter went down in a snowstorm. And we found a spot to land that was an old path. And it was lucky that we had such great pilots. And it wasn’t greater than 10 feet beyond the width of the blades of the helicopter we were in. And there’s an image of us standing in front of the helicop- — in back of the helicopter, the — the wash of the helicopter to remain warm. You may hear F-15s fly over for proof of life.
After which we got a photograph later with our group — Delta Force chasing the Taliban 2,000 feet above us. They were carrying 60-pound packs. And I’m pondering to myself, God Almighty, what these guys do.
After which once they couldn’t get down, they said we’re going to should get down across — just go up a few — the peak of the constructing at a grade about, I suppose, I don’t know, 30 percent. And we’re hu- — we’re struggling like hell to stand up this shale simply to recover from top. But all of us, we thought we were in pretty good condition, and I’m pondering to myself, “Those guys are a pair thousand feet above us.”
Anyway, I just think that we’ve got the — I don’t “think,” I do know we’ve got the best military within the history of the world. Not a joke. Within the history of the world. (Applause.)
Each my fellows got me — helped me pass a thing called the bipartisan PACT Act, probably the most significant law in many years to assist hundreds of thousands of veterans who were exposed during their military service to toxic substances, like from burn pits the dimensions of football fields — 8, 10 feet deep. Just incredible the place where they incinerated wa- — waste of war: tires, poisonous chemicals, jet fuel, and so way more.
And we discovered, identical to — after those folks — those firemen after 9/11 fighting that blaze, that toxic smoke caused lots of deaths, caused lots of cancer, caused lots of problems.
So once they got here home, most of the fittest and best-trained warriors weren’t the identical. They got here home with headaches, numbness, dizziness, cancer.
The PACT Act empowers the Department of Veterans Affairs to find out more quickly if an in poor health — a veteran’s illness is expounded to toxic exposure. And for the families of the veterans who died of toxic exposure, it means monthly stipends, life insurance, tuition payments for the youngsters to get to high school. It’s the least we will do for them. It’s the least we will do for them.
And people — (applause) — and I do know a few of you’re even seeing whether or not you’ll qualify or whatever you will have — anyway, I won’t go into it. Nevertheless it’s tough stuff, but we’ve got an obligation.
And the way in which the American Rescue Plan that I signed, with Mike’s help, invested $17 billion within the VA — Veterans Affairs — mental healthcare and suicide prevention. As lots of the veterans here know, more vets are dying on a every day bas- — monthly basis from suicide than in war. More are dying from PSD [PTSD] than at war. It was averaging 21 a month.
And guess what? Although — a few of you who’re vets know you will have a member of the family call and say, “He’s got to are available in. He needs help. He needs help.” They usually say, “We will’t do it instantly. You might have to — are you able to are available in three days?” That ends. That ends. They’ve got to be seen immediately. Since it’s literally a matter of life and death for an awful lot of oldsters.
Folks, the explanation we’re here today is due to one other law that I signed with Mike’s help. And it matters for our economy and national security of our veterans. It’s called the CHIPS and Science Act. It’s a groundbreaking law that’s going to construct the longer term here in America. Here in America.
I’m here at Viasat today because once I — in terms of supporting veterans and winning the economic competition of the twenty first century, that is the outfit you must be with. You’ve been wonderful on each counts. (Applause.) Wonderful on each counts.
It was began in 1986 by three friends — Mark, Steve, and one other Mark — in a garage. You all do a hell of so much in garages out here. (Laughter.) You understand what I mean? That’s amazing. I don’t know. All the things starts in a garage. That’s why I desired to move to San Diego and buy a garage. (Laughter.)
But literally, they began — and now it’s a multi-billion-dollar company with hundreds of employees, and over 700 of those employees are veterans.
This company has been really reorganized nationally by — recognized by the Department of Labor as a number one workforce place for veterans.
And, look, they’re constructing satellites, communications networks, powering every part from high-speed Web for homes and businesses to in-flight movies on business airlines and airplanes, to systems that tracks cargo in real time — trucks, at sea, and ports. And you furthermore may equip the plane I fly on, Air Force One — (laughter and applause) — and other Air Force aircraft.
I often say — they are saying, “What’s the perfect a part of being President?” I say, “The plane doesn’t leave until you get there.” (Laughter.) That’s the perfect one. But you’re in real trouble should you’re behind schedule.
What you do here at this company really matters. A lot of it is dependent upon semiconductors — those tiny computer chips the dimensions of a fingertip — that power our on a regular basis lives and power an increasing number of of what we’d like: smartphones, automobiles, washing machines, hospital equipment, you name it.
America invented these chips once we went to the Moon. America invented the pc chip. After which, for — and we led the industry for many years. But then something happened: America stopped investing in America. We stopped investing in America. American firms went overseas for cheaper labor. American manufacturing got hollowed out.
And today — today we’re all the way down to producing 30 percent of the world’s chips — from 30 percent to only 10 percent, despite leading the world in research and design of latest chip technology.
But we knew we needed to do something to alter that. I knew we couldn’t depend on the availability chain, because — whether it was the pandemic or other — or political decisions made in China, Taiwan, and other places that weren’t going to sell us the chips.
It was having a profound impact on lots of firms, including this one, and our ability to make the chips.
That’s why we worked so darn hard to write down and pass the CHIPS and Science Act to show things around. And it has had a — you already know, and it has, in an enormous way, turned things around.
We learned — what I did, I contacted a lot of the leading firms on the earth — in america, and said, “Are you more inclined to speculate in something you wish if the federal government is making a big investment?” It’s not — it’s not state planning. “Are you inclined to try this?” And to — and to an organization, they said, “Yes.”
We learned that firms will follow if the federal government will spend money on industries that we all know we’d like and we’re — we’re prepared to assist in. That’s the message I got from a lot of CEOs of the Fortune 500 firms.
So, the CHIPS and Science Act invests $52 billion to supercharge our efforts to make semiconductors here in America.
It’s — it’s stimulated an infinite response, unlocking private sector investments across the country greater than ever before in such a short while. Tons of of billions of dollars.
I used to be just in Syracuse, Latest York, where I went to law school. And the corporate called Micron is investing $100 billion to fabricate chips, the most important investment of its kind ever in America, in American history — $100 billion.
Before that, I used to be in — down in — a bit further down in the course of Latest York, in an outfit called IBM. They’re investing in these chips for — for serious — anyway, I won’t undergo all of them.
But, you already know, 10,000 jobs at that facility in Syracuse, including construction. And it generates 50,000 jobs across the community. Because all these people working at this place, they go to places to eat, they get their haircut, they buy cars, they do all of the things they should do.
Intel Corporation. Intel — we decided to speculate, and I frolicked with the CEO down there outside of Columbus, Ohio, making a $20 billion investment to start out a semiconductor facility on a thousand acres, on what I confer with as “a field of dreams” just outside of Columbus. It’s going to create hundreds of jobs. Construction jobs to start out with.
What number of union guys here? Guess what? All the things I do is all union and prevailing wage. (Applause.) Since it generates — it generates lots of activity as well. You may go down the road: IBM, SK Corporation, and other firms — even foreign firms — are investing tens of billions of dollars making us once more the hub of advanced manufacturing.
And where — where is it written that America can’t be the leading — leading — leading country on the earth for manufacturing? What the hell happened to us? But we’ll now.
Just since I’ve been President, we’ve created 700,000 latest manufacturing jobs due to those two congressmen. Not a joke. (Applause.) The fastest rate — the fastest rate in 40 years.
And here’s the massive difference: As an alternative of us sending — sending jobs overseas since the labor is cheaper, and buying the product at home from there, we’re sending American products overseas, they usually’re buying them. That’s why our trade deficit is so en- — we’re making enormous progress. We’re once more supplying the world the things they need. That’s why the economy is changing.
The give attention to each of those investments is what Mike is basically focused on, and training employees, hiring veterans, jobs pays a prevailing wage, union job, good-paying jobs that don’t require a university degree.
Intel says their average pay for his or her — running their factories — they usually’re employing thou- — millio- — hundreds of individuals — the common salary where you don’t need a university degree for is $124,000. $124,000.
And, look, and we saw it throughout the pandemic. If factories that make these chips shut down, the worldwide economy involves a halt, driving up the fee for everybody and families. As a matter of fact, one third of the core inflation resulting from last 12 months — within the last 12 months — one third of it was due to the price of automobiles. Why? They couldn’t get computer chips. That they had to shut down their lines. Fewer cars being made. Prices went up because they’re briefly supply, due to computer chips. That was the explanation. Well, that’s all modified now.
I do know I’m — it’s like — standing here this great corporation is like speaking — preaching to the choir. Folks here know this greater than anybody else: We want these chips to construct most every part that it makes right here.
As an alternative of counting on chips made overseas — it might be delayed due to a pandemic or some global disruption — now they’re going to give you the chance to have those chips available on the spot. It’s a game changer.
But due to this law, this company hopes to significantly grow its global business and hire more employees in the subsequent five years.
And here’s one other thing: This can also be a national security issue. A national security issue.
Earlier this 12 months, I went all the way down to a Lockheed factory in Alabama, where they make Javelin missiles. Guess what? We were having trouble — we were having trouble supplying the Javelin missiles to Ukraine because they didn’t have the chips. They didn’t have the pc chips. To assist defend themselves against Putin’s brutal and unprovoked war, we were sending these guys these Javelins.
We want semiconductors not just for those Javelins, but additionally for other weapons systems that exist today in addition to in the longer term.
Certainly one of the explanation why Russia is having a tough time — I’m not going to enter it; it’ll take an excessive amount of time — having a tough time supplying their military is we’ve been not ineffective in ensuring they’ve difficulty getting what they should construct theirs.
The USA has to guide the world within the production of those advanced chips. This law is strictly that. And the law is about science as well.
You understand, many years ago, in america of America, we used to speculate in ourselves. America invested 2 percent of its GDP — 2 percent of its GDP in pure research and science.
Well, through the years, we’ve walked away from that. We invest lower than 0.7 percent of our GDP in sci- — in research and development. Those 2 percent was pure investment in research and development.
We used to rank primary on the earth in research and development. Now we rank number nine. Number nine once I got here to office.
And China, a decade ago, was number eight. Now they’re number two on the earth. Number two on the earth.
Does anybody here think that the longer term doesn’t rest in major breakthroughs in technology and science?
And other countries are closing in fast. Well, the CHIPS and Science Act sets us on a path to maneuver up again to spice up research and development, and funding back up closer to 1 percent quickly — the fastest rate in any single 12 months in 70 years.
But there’s one other law that we got that actually matters, due to these — each these guys helped me get done.
We finally decided we’re going to maneuver up from being ranked number 13 on the earth in infrastructure — america, 13 on the earth — to back to primary.
Ask any business leader — and there are numerous of you on this audience — what’s the one most vital think about considering where you’re going to choose to speculate and locate your factory? Well, it’s whether you will have a method to move products around the globe quickly, safely, and well. It’s whether the staff have protected and thriving living — places to live.
With Mike’s help, I signed into law the Bipartisan Infrastructure Bill, probably the most significant investment in our nation’s infrastructure since Eisenhower’s Interstate Highway System, literally. It’s lots of money. (Applause.) A trillion 200 billion dollars is lots of money.
I also wish to thank Scott. He was a major mover as well.
For instance, I do know a thing or two about rail corridors. I do know in regards to the Northeast Corridor. I actually have a fi- — I actually have — the joke is — and within the Senate — once I was within the Senate, they’d call me “Mr. Amtrak.” I commuted 250 miles a day for — -58 miles a day for 36 years because my wife and daughter were killed once I first got elected, and I began going home because I had the family to assist handle my kids, and never stopped.
So I do know so much about corridors. I do know so much about their impact on things — and the Northeast Corridor.
Due to billions for rail on this latest law, due to Mike and Scott’s leadership, we’re going to ensure the second busiest rail corridor in America, connecting San Diego and Los Angeles, goes to be open and running for a very long time and quicker. (Applause.)
We’ve the cash to get it done. We’ve the knowledge to get it done.
Look, folks, I got here here since it’s an example of the bri- — one in every of the intense spots we’re seeing across the country, where America is reasserting itself. So simple as that.
Ten million latest jobs in 20 months. This morning I learned that we added one other 261,000 jobs this month. (Applause.)
There have been — and, by the way in which, the Latest York Times media reports is known as — they call the report the “Goldilocks” report. I actually have a — I actually have my shotgun waiting for the wolf. (Laughter.)
Look, unemployment now three — it went up two tenths of percent. It’s at 3.7 percent, among the many lowest in 50 years.
Unemployment amongst veterans is at historically low.
Putin’s invasion of Ukraine sent gas prices soaring around the globe. Due to actions we’ve taken coping with the Petroleum Reserve and other things, prices are coming down here at home. They’re now down $1.22 since their peak this summer.
Folks, our economy continues to grow and add jobs, at the same time as gas prices proceed to return down. But we got so much more to do.
But we also know folks are still combating inflation. It’s our number-one priority. That’s why, with Mike’s help and Scott’s help, I signed the Inflation Reduction Act — (applause) — to bring down the fee of on a regular basis things that we speak about across the kitchen table.
My dad used to say, “Everybody needs a bit — just little respiratory room.” I come from a family like lots of you do, a mi- — an excellent family, a middle-class family. We weren’t poor. My dad — we lived in a three-bedroom, split-level home in a development with 4 kids and a grandpop and thin partitions for my grandparents and my parents. But all kidding aside — (laughter) — every part — every part that happened, you already know, was on the kitchen table.
When the value of gas went up, we talked about it. It was an issue. It was a call.
Nevertheless it’s all — what are the bills people should pay every month — lots of people? Well, guess what? Every month, lots of people have prescription bills they should pay frequently. Every month, they’ve healthcare premiums, energy costs — the fee of heating their homes. And the way much — how much of that’s critical to working- and middle-class families? What are you able to do about it?
Well, I’m working like hell to cope with the energy prices. I’m going to have a bit, as they are saying, come-to-the-Lord talk with the oil firms pretty soon.
But here’s the deal. Take prescribed drugs: We pay the very best price for prescribed drugs of anywhere on the earth — the identical exact drug made by the identical exact company. That drug sold in San Diego and that drug sold in Paris, it’s considerably cheaper buying it in Paris. Same company, same drug, same every part.
We decided — I’ve been attempting to do it for a very long time once I was a senator and Vice President — to tackle Big Pharma. Been attempting to do for a very long time. But this time, we beat them. (Applause.) The law gives Medicare the facility now to barter lower prescription drug costs, identical to it’s given VA. The one outfit that couldn’t negotiate prices was Medicare.
VA medi- — does that. VA negotiates what they’ll pay for a certain drug.
We’re also capping seniors’ out-of-pocket costs for prescribed drugs, starting January 1st, at a maximum of $2,000 a 12 months. Even in the event that they’re paying $10-, $12,000 for a cancer drug, they may not should pay greater than $2,000 a 12 months, period, for his or her drugs. It’s a lifechanging event for a lot of seniors. (Applause.)
And, by the way in which, the opposite thing is: If Big Pharma continues to lift the value of their products above the fee of inflation without making a big change of their product, guess what? They’re now going to write down a check to Medicare to cover the difference between what they charge and the value of inflation.
Folks, you already know — and, by the way in which, last 12 months, they raised the value of 1,200 on a regular basis drugs you all take — 1,200 particular drugs — faster than any — faster than the speed of inflation, and faster than any time in history. Starting in January, that stops.
We’re capping the fee of insulin. A lot of you already know people who find themselves coping with insulin for diabetes. They pay somewhere between $400 and $700 a month. You understand how much it costs to make it? The guy — I spoke to the guy who invented it — the insulin. He said he didn’t patent it because he wanted it available for everyone. It costs $10. T-E-N. Ten. Counting packaging, 15 bucks. So guess what? We capped the value at $35 as an alternative of $400, because persons are going to give you the chance to take those drugs. (Applause.)
And I’ll bet you already know any individual — I used to be in Virginia doing a townhall. A lady stood up and she or he began — almost began to cry. She said, “I actually have two children. Each have Type 1 diabetes. We’ve to separate the insulin. I can’t afford it. I can’t afford the insulin.” We’re capping the fee of insulin, as I said, for seniors on Medicare at 35 bucks a month to cope with their diabetes as an alternative of that $400 like so lots of them are actually paying.
As well as, we’re making the most important investment ever to cope with the climate crisis. I do know you all know there’s no climate problem. (Laughter.) I do know you already know that. That’s why I spent lots of time in Arizona, Latest Mexico, and California, all through — flew up and down this state along with your governor and people wildfires. I do know they simply occur.
Come on. We finally got to the purpose where nobody is denying that we’ve got a climate problem.
But I used to be in a position to get not all I needed but $369 billion put in that bill. (Applause.)
And we had — I believe the fellows who were with me — the congressmen were with me once I had — I invited the CEOs of the auto firms to the White House lawn, within the back — you already know, behind the White House.
And I talked about automobiles, they usually talked about electric vehicles.
On the time, Amy Barrett [Mary Barra] was — Barra — Chairman Barra of General Motors was suing the state of California since you had the next standard for emissions than the remainder of the country, they usually said they couldn’t try this. Well, she left that meeting and she or he dropped the suit. Called me up and said they’re going to go all electric by 3035 [2035]. Every other company has signed as much as do the identical thing.
So we’re working with the auto industry to transition to an electrical vehicle future, providing tax credits to purchase electric vehicles, in addition to — any IBEW guys here? Well, guess what? You guys are going to put in 50- — excuse me, 500,000 charging stations across the country. So it’s going to be — that’s like 500,000 gas stations. Not a joke. Five hundred thousand. Because persons are going to say, “I’m not buying a vehicle because it could actually only take me X variety of miles.”
And, by the way in which, we’re investing billions of dollars and plenty of of you’re investing billions of dollars in battery technology. We’re now changing the character of the lifetime of a battery.
Folks, it’s also now cheaper to generate electricity from wind and solar than it’s from coal and oil. Literally cheaper. Not a joke.
I used to be just — and so we will accommodate that transition. I used to be in Massachusetts a few month ago on the location of the most important old coal plant in America. Guess what? It cost them an excessive amount of money. They’ll’t count. Nobody is constructing latest coal plants because they will’t depend on it, even in the event that they have all of the coal guaranteed for the remainder of their existence of the plant. So it’s going to change into a wind generation.
And all they’re doing is — it’s going to save lots of them a hell of lots of money, they usually’re using the identical transmission line that transmitted the coal-fired electric on. We’re going to be shutting these plants down all across America and having wind and solar.
We’re also providing tax credits to assist families buy energy-efficient appliances, whether it’s your refrigerator or your coffee maker. We’re going to place solar panels in your homes, weatherize your private home — things that may save a median, the experts say, a minimum of $500 a 12 months for the common family.
Look, we’re doing all of this while we reduce the federal deficit. I hear it from my friends on the opposite team that those “big spendin’ Democrats.” Well, I inherited a big deficit.
This 12 months alone, under our leadership, with the assistance of my colleagues within the Congress, guess what? We cut the federal deficit — cut the federal deficit this one 12 months by 1 trillion 400 billion dollars — greater than any time in American history. Any time. (Applause.)
We cut the federal deficit in half — in half — while doing all this.
And last 12 months, we cut it by $350 billion.
And we’re going to chop — reduce it further over the subsequent decade by one other $250 billion. Because, I hate to say this, but should you’re one in every of those corporations paying zero tax, that’s over, man. You’re paying 15 percent now.
And look, an enormous a part of that’s because we’re ensuring the most important corporations — and, by the way in which, I’m — I’m a pro-corporate guy. I come from the company capital of the world. For all I do know, you all are incorporated in Delaware. I don’t know. Are you? (Laughter.)
More corporations are incorporated in Delaware than every other state within the union combined. And I got elected seven times, so I’m not anti-corporation, but I’m “everybody pay their justifiable share.” (Applause.)
Look, the most important corporations are going to should pay a minimum 15 percent.
Look, the underside line is we’ve made lots of progress over the past 20 months to construct the economy from the underside up and the center out as an alternative of the trickle-down economics that failed us the last 40 years.
And I — we just should keep going, for my part — to bring down inflation while we keep the market strong; to assist investing in ourselves.
As President, I won’t accept the argument that claims that our problem is that too many Americans are finding good jobs. My father will come down from Heaven to strangle me. (Laughter.) Or that too many working people finally have dignity of their working place. Or that our largest, most profitable corporations shouldn’t should pay their justifiable share in taxes.
I’m going to proceed to work for an economy built from the underside up and the center out.
Let me close with this. I comprehend it’s been a rough 4 or five years for an awful lot of individuals within the country. So many small businesses went out of business. A lot has happened. And plenty of folks are still struggling.
But like I said, there are shiny spots where America is reasserting itself. Go searching in any respect of you and our nation’s veterans. I’ve never been more optimistic about our future. The young people on this country, from 18 to 30, they’re the perfect educated, least prejudiced, probably the most engaged generation within the history of America.
Look, our greatest days are ahead of us. They’re not behind us. We just should remember who within the hell we’re. We’re america of America. (Applause.) There’s nothing — I mean it — there’s nothing beyond our capability — nothing beyond our capability if we work together.
We’re the one nation on the earth that’s come out of each crisis stronger than once we went in. And we’re going to do it again.
So, God bless you all. And should God protect our troops. Thanks, thanks, thanks. (Applause.)
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