tv President Obama Remarks on Jobs and Economy CSPAN February 26, 2016 9:45pm-10:16pm EST
noon eastern on c-span and c-span.org. >> our goal here is to get the candidates' standing about social security and how they plan on saving it and if they are, what are they going to do to save it. >> i'm participating in this he election because i feel like it's very important to get out and vote. it's really the only way besides local elections that we can voice our opinions. >> president obama visited jacksonville, florida today to tout the success of the economic stimulus package signed into law in 2009. he spoke at a battery manufacturing plant. that was one of the beneficiaries of the stimulus bill. this is just under 30 minutes.
>> hello, everybody. please, everybody please have a seat. it is great to be back in jacksonville. you know, as president, i have been to all 50 states. i have seen some pretty incredible things, but i have also got a bucket list of things i still need to get done. apparently i have not yet made it to the world's largest outdoor cocktail party. so there's some local things i got to check out at some point. that's the kind of thing you do once you are not president anymore. so hopefully i'll see you back, but it is great to be in florida
on a friday afternoon. i want to thank jaime not only for the introduction but also for your service to our nation. thank you so much. i also want to recognize two outstanding members of congress who are here. representative corine brown. where's corine? and representative patrick murphy. and i also want to thank everybody for hosting us today, especially tom. and chris, you can't miss him. we're here to talk about the great things you guys are doing
at this facility. but before i begin, i do want to say a few words about yet another mass shooting that we have had to endure. some you may have heard yesterday a gunman murdered three people and injured 14 others in hesston, kansas. this morning i spoke with mayor kaufmann, expressed our deepest condolences for the victims, their families and the community as a whole. this comes after last weekend's rampage in kalamazoo, michigan, where six more innocent americans were gunned down. and these acts may not dominate the news today but these are two more communities in america that are torn apart by grief, and i felt it was important for me to say something today because somehow as i have said before,
this becomes routine. these sort of mass shootings that are taking place. we cannot become numb to this. anybody who says they want to keep the american people safe has to care about this, because it's happening in far too many towns and affecting far too many innocent americans and there are some things we can do about it. and right now, this congress may not have any appetite to do something about it, but we need one that does. as long as i hold this office i'm going to keep on bringing this up, even if it's not getting the same attention that it should. and i wish i didn't have to keep on talking about it. lord knows i wish i didn't have to make these phone calls and comfort families. the real tragedy is the degree to which this has become
routine. so i hope all of you pay attention to this, i hope the media pays attention to this. once a week, we have and it doesn't dominate the news. and that's got to change. so thank you for allowing me to talk about that for a moment. the truth is, though, that even when we've got some real challenges out there the reason i'm here today is because you're telling amazing work that people all across this country have done to bring america back from one of the worst financial crises in our history. so think about it. sometimes people also forget where we've been, and if you forget where you've been, sometimes you don't know where you need to go.
seven years ago, the ground we're standing on was an empty plot of swampland. >> i don't know if gators make it up this far, but it was not some place you would want to be wandering around. it had been ignored for more than a decade since the navy base here closed. back then all around us, the economy was in a free fall. 800,000 americans were losing their jobs every single month. that's almost the entire population of jacksonville joining the unemployment line every few weeks. families lost their homes. families lost their savings and people here in florida were especially hard hit. the unemployment rate here in florida hit 11.2%, which was even higher than the national average.
fast forward to today. bids like yours have created jobs for 71 straight months. 14 million new jobs overall. we've caught the unemployment rate by more than half. nationally the high was 10%. it's now down to 4.9%. and here in jacksonville, it's even lore. our auto industry just had its best year ever. we created more than 900,000 new manufacturing jobs in the past six years. meanwhile, our high school graduation rates is at an all-time high. nearly 18 million americans have gained health care coverage. although here in florida there are a whole bunch of folks who haven't. because the state hasn't expanded medicaid. that's another topic. businesses like saft.
we're creating jobs and making our planet more safe and secure at the same time. you don't hear a lot about this from folks on the campaign trail. they're spending all their time talking down america. i don't know when it became fashionable to do that. but i'm sure proud of what i've seen americans do over the course of the last seven year since the crisis hit. and if anyone says we're not better off today than we were seven years ago, they're not leveling with you. they're not telling the truth. by almost economic measure, we're significantly better off and florida is significantly better off. jacksonville is a whole lot better off.
and the reason i make this point is nunn of this was an accident. it happened because of your hard work. it happened because of your resill yent yens. it happened because of americans looked out for one another and families scrimped and saved and workers retrained and businesses hired and expanded and students hit the books. and it happened because early on mied a administration put in place some pretty smart policies to rebuild our economy. on a new foundation for growth and prosperity. and thanks to america's steady persistent work, those policies are paying off in big, tangible ways. and we're not talking about it enough. and if we don't stalk about why it is that things got better, then we may end up pursuing policies that will make things worse.
it's not to argue that everything is perfect. there's still folks that are looking for work. there's still problems in terms of people getting higher wages. if we don't talk about the progress that is made, then we may chase some snake oil and end up having policies that get us back into the swamp. so part of what made us able to recover was something called the recovery act, which i thought for from my first days in office. we just marked the seventh anniversary. and that recovery plan was a success. at the time, there were a bunch of folks who said what, it's not working, it's not happening.
because it didn't happen overnight. but you ask any credible economist and they will tell you that if we had not acted, if we had not passed the recovery act, if we hadn't saved the auto industry, if we hadn't taken the steps we did, we could have fallen into another great depression. and if you doubt that, you can look around the world. because in places like europe, where they took a path of cutting and cutting and not investing and clean energy and not investing in transportation and not investing in worker retraining, some of the same strategies that some politicians were arguing for right here in the united states and are still arguing for, those countries still have double digit unemployme unemployment. today, some of these countries still face double digit unemployment. we're doing better than them on almost every measure.
here's what the recovery act did. it cut taxes for businesses investing in the future. it cut taxes for 95% of working families, more than 100 million families overall. they're helping more than a million families here in florida making ends meet. kept millions of people from falling into poverty. that helped support local businesses in the area. we helped states and communities keep hundreds of thousands of teachers and first reresponders on the job which meant they could afford to pay their mortgage and they could afford to go to a restaurant once in a while and they could afford to buy the computer that their child needed for school.
all of which kept the economy going. we put people back to work repairing our roads and our bridges and our ports. even sprucing up the national mall and ellis island and the grand canyon. and we did this all while making this one of the most transparent above board pieces of legislation in our history. almost zero -- i put joe biden in charge. he was called the sheriff. he wasn't putting up with any nonsense. we also aimed higher than just preventing another great depression. we wanted to build a new foundation for a stronger, smarter economy. we wanted to build a future where prosperity wasn't fuelled by reckless speculation on wall street and excessive consumer debt and pursuing paper profits. we wanted a future that was solid, where prosperity is built
and shared by skilled productive work force. prosperity arrests on sound investments that helped america lead the world in technology innovation and the discoveries that helped shape the 21st century. so i came here to show what it means to invest in the future. there are few areas where our efforts to build a new economy paid off in a bigger kay. how we manage energy, make it cleaner, make it more efficient. when i took office, we were
hopelessly addicted to foreign oil. the future of our energy industry was pretty cloudy and it looked like it might start collapsing. but there were technologies out there that existed. but the problem is they were too expensiv expensive. and because credit had frozen during the recession it meant that a lot of entrepreneurs, a lot of businesses, they couldn't scale up to start taking advantage of these new technologies. countries like germany and china were racing ahead towards clean energy, creating the jobs that come with it, and we were falling behind. and i knew the nation that won the race to drive the global economy and new energy, that was going to be the nation that won the 21st century. and i wanted america to win that race.
we made the largest single investment in clean energy in our history. we invested in solar power, we invested in wind power, we invested in geothermal power. we gave seed money to entrepreneurs and businesses to get them to work with these promising new technologies and get them out of the door faster. 98% of those investments we made under our loan programs are paying off. taxpayers are getting their money back and some and these businesses are thriving. the recovery act combined to support hundreds of thousands of jobs, including nearly 300 right here. this was an example of the
fruits of those investment nas we made. jobs that america needs done, getting done right here in florida. if you look around, you see the difference hardworking americans with some smart help from the government had been able to accomplish. seven years ago, electricity from solar was just getting off the ground. today we've multiplied the amount of solar power that america produces 30 times over. seven years ago, there were just a handful of large scale utility solar plants in america. today there are more than 30. we harnessed energy from the wind and all of you have helped
us do this. thanks to the investments we made in the recovery act, we've seen huge gains in our advanced battery industry. solar wind don't work unless we have good ways to store power where the sun is at or the wind is blowing so that we can be used in a regular reliable way. and the good news is america now has more than two dozen factories manufacturing batteries and components for electric cars, and these batteries are nearly 70% cheaper and 60% more powerful than just five years ago. that's how fast we've been making progress in this area. we're not just making advanced batteries for cars, we're putting them together so they're making batteries the size of cars. we just saw some.
these batteries help stabilize the energy grid. on my tour, i stepped inside, i took a look a shipping container filled with cutting edge lithium ion batteries. stores energy for times when the wind is not blowing, the sun is not shining. the good news is that over the final three months of last year, we deployed more advanced energy storage capacity than over the previous two years combined. and that's what we should be investing in. clean energy is about owning the kind of innovation where america
has always been the leader. clean energy is about unleashing the potential of all these new technologies because we can figure some stuff out just about better than anybody else. it's about cutting carbon emissions and fighting climate change to help our kids breathe cleaner and protect the planet for future generations and make sure that florida doesn't get flooded. and it's about a steady stream of good jobs that gives a family a chance to reach for something higher and leave something better behind for their kids. and here's another factor,
providing thousands of jobs for veterans including vets that we brought home from iraq and afghanistan. if you want a job done right, hire a vet. and that's why working with them, we've been able to see the solar industry commit to hiring 50,000 more vets in the coming years. this has been part of michelle and joe biden's joining forces program. more than 1/3 of your employees are veterans. in fact, if you're a veteran, please stand up so we can thank you for your service.
[ applause ] companies like this are powered by veterans like jaime. he has five kids, grew up in puerto rico, lives in atlantic city, served in the military for 26 years. for the last four years he's been a team leader at the company that's building our energy future. and he's seen lot. but the one thing he's learned is that -- and i'm quoting him now, there's always so much that change is very fast and so much possibility. things are changing fast, and that's scary sometimes. you've got to constantly retrain for the jobs of the dmur. it means that it means the economy is interconnected and what happens on the other side of the world will affect us because you may be selling some batteries over there.
and that's the story of the last seven years. so much has changed but there's one country on earth that sees possibility where others see peril. that's the united states of america. as long as we're not scared of it. we always adapt to change. because there's a nation of inno va tors and risk takers, we make change work for us. we knew it was going to take one year or even one president to
get where we need to go. but we can see real tangible evidence of what a new economy looks like. it looks like this facility right here. it's brimming with industry and commerce and new industry and technologies and higher skilled wage workers. we make it better than anybody else because we've got the best workers and the best inno va tors and scientists than anybody else. the future is ours. but to finish the job requires steady persistent effort. we can't grow complacent.
we can't chase false promises. we've got to be smart. we've got to work together. but i've never been more optimistic than i am now that we will get to where we need to go. because i've seen what you can do. and if we keep working together, everything is possible. thank you, veterans. god bless you, god bless the united states of america.
>> her are some of the programs to watch for this weekend. saturday at 7:30 p.m. eastern, david randall of the national association of scholars talks about some of the books incoming college freshmen are asked to read before the first day of class. on sunday night at 9:00 afterwards, former nsa and cia director michael hayden gives an inside look at national security in his book "playing to the edge" american intelligence in the age of terror. he's interviewed by james woolsey, former cia director in the clinton administration. >> metadata is the literally outside the envelope for electronic communication. and as you said, american law enforcement traditionally has been able to look at the outside of the envelope. the supreme court decided that the fact of your phone call, who you called, when, for how long also was essentially the outside of the envelope. >> watch book tv all weekend every weekend on c-span2.
television for serious readers. >> while fbi director james comey was on capitol hill earlier this week, he answered questions from lawmakers on local efforts to get apple to break the encryption on the phone used by one of the san bernardino shooters. comey was testifying before the house appropriations committee. here's a look. >> i have some very strong opinions about that, and there's a question here. but i want to start by thanking you for being diligent and pursuing the court order and staying on top of this. look, my view of the world, and i view it is one member of this committee doesn't necessarily reflect the entire committee, but this is a court order applying to within phone, and apple is refusing to comply with that order and frankly, if their fill you're to comply