You know, our economy has changed in many ways since Barbara and I moved to Odessa 44 years ago, back in 1948. Now, that's the short-term program, but the real question on Americans' minds is: What about 5 years from now? What about 10 years, 20? Will America still be the world's leading economy? That's the question that I want to just focus on in this very special place this morning. Vote for this economic recovery program, and put more Americans to work now. No more holding the American economy hostage to politics. And we need to stimulate this economy and get those jobs. This sign is right: We the people need jobs. I hope you'll join me in reminding Congress that we can't wait another 183 days. I hope you and all of these people will join me. They have made some progress, but we need this program of growth incentives passed right now. For 183 days, in spite of the efforts of Joe Barton and a handful of others, the Congress has dillied and dallied while too many Americans are looking for work. If that plan was in place, it would have been creating almost 15,000 new jobs a day, over a half a million jobs since February. On January 29th, I put forward a specific program to create new jobs with incentives to encourage businesses to hire new workers and help Americans who want to buy a new home. But we have got to act now to guarantee that. Most of the economists, blue chip economists, predict that the economy is going to get stronger the rest of the year, and I believe that they're right. Since World War II, the first year of every recovery has shown the same pattern, with one quarter up and the next quarter down a little bit. Now, economists are going to tell you that this kind of uneven growth is not unusual. But overall, while the national economy is still growing, it is not growing fast enough. Housing sales, though, were much stronger than expected, up 8 percent in June. The economy grew at, what, 2.9 percent in the first quarter, and now - that was stronger than originally reported - but only 1.4 percent in the second. The economy is growing, but it's got to grow faster. This morning the new economic numbers came out they were released, telling you something you probably can pick up from conversations down at the local hardware store. The question is how do we stay number one and share our prosperity with more Americans and create more jobs for the American worker.įirst, we face some short-term challenges. So the question today is not can America compete we know we can do that. The "Dream Team" of workers can be found right here in the United States of America. And if you want to talk to the world's most productive workers, you don't have to brush up on your Japanese or your German. No other nation sells more products outside its borders exports tremendously high. Sure we face some very stiff challenges, but let's not forget a few facts. Well, when we look at our economy, we should resist the urge to exaggerate our problems. What's yours?" And this freshman said, "Well, some people might tell you I have a tendency to exaggerate a little bit." My punts usually carry 75 yards into the wind." The coach looked at this guy he said, "Kid, everybody has a weakness. He told the coach, "Look, I can throw the ball 60 yards in a perfect spiral. I'd like to start with a story not about the economy but football, a story about a freshman who walked out onto the field over at S.M.U. And so I come here to talk just a little bit about what we need to do to prepare for the economy of the 21st century. So for me it is an incredible honor to be among you and to hear of your dreams and accomplishments.Īs much as any State, Texas is a land of old and new, a place where "boot" means something you wear on your feet and what you do to turn on your computer each morning. basketball players attract autograph seekers over there in Barcelona. This place attracts scientific genius the way our U.S. The super collider is one of the greatest scientific projects in the entire world. We salute him and thank him for his city's hospitality. And out there in the audience someplace, another I'm grateful to is Waxahachie's Mayor, Joe Grubbs. Joe and Roy were kind enough to lead Linda and me on a tour of this impressive facility. May I also acknowledge our dais companions: the Deputy Secretary for Energy that Joe talked to you about, Linda Stuntz Jack Martin Joe Cipriano and of course, Dr. He's an outstanding Representative for this area of Texas in the United States Congress. And let me just say to you, some of whom are constituents, many friends, the confidence I have in this man knows no bounds. Joe Barton, thank you sir, for your kind introduction, your generous comments. Thank you so very much, and good morning everyone. Thank you all so much for that introduction.
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