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Remarks by the President at a Campaign Event

Location: Boston, MA

THE PRESIDENT: Hello, Boston! (Applause.) Thank you. Thank you, Boston. Thank you. Thank you. Thank you. (Applause.) Thank you, Boston. Thank you. Thank you so much. Thank you. Please, everybody have a seat. Oh, it is -- (laughter) --


THE PRESIDENT: Thank you. Well, it is good to be back in Boston. (Applause.) Good to be back in Massachusetts.

I want to make some acknowledgments here. First of all, you've got one of the finest governors in the country in Deval Patrick. (Applause.) You've got one of the finest mayors in the country in the Tom Menino. (Applause.) You've got an outstanding state auditor in Suzanne Bump. (Applause.)

And I just want to thank Elizabeth for that introduction, and let you know how lucky all of you are to have a chance to vote for her in the next election. (Applause.) Nobody fought harder for Wall Street reform -- the reform that is now law and protecting consumers all across the country -- than Elizabeth, reform that will end taxpayer bailouts, make sure folks aren't being taken advantage of by mortgage lenders and credit card companies. She has been a fierce advocate since before I knew her for the middle class. She has been advocating on core issues that matter to families her entire career. She is going to be an outstanding senator from Massachusetts, and everybody here has got to turn out for her. (Applause.)

I want to thank Miri Ben-Ari for her outstanding talent. (Applause.) We appreciate her appearing here today. I will not sing today, even though -- (laughter) -- when I'm in Symphony Hall, I'm tempted. (Applause.) I am tempted, but -- (laughter and applause) -- can't do it. We have some serious business to attend to. (Laughter.)



THE PRESIDENT: I'm just saying. He's going to have to change the color of his "sox." (Laughter and boos.) I didn't think I'd get any "boos" out of here, but -- (laughter) -- I guess I shouldn't have -- I should not have brought up baseball. I understand. My mistake.

AUDICEN: Booo --

THE PRESIDENT: My mistake. You've got to know your crowd. (Laughter.)

AUDIENCE MEMBER: We still love you! (Laughter and applause.)

THE PRESIDENT: Now, Boston, I'm here not just because I need your help -- although I do. I'm here because the country needs your help.

Now, in 2008, we came together not just to support a candidate -- it wasn't just about me. When you support a guy named Barack Obama, you're not doing it because you thought it was a sure thing. (Laughter.) The reason we came together in 2008 was because we had a shared vision about what's best in this country. We wanted to reclaim the basic bargain that made America what it is, that built the largest middle class in history, that built the most prosperous nation on Earth -- that compact that binds us together as a people, that binds us together as citizens. We believed that in America, your success shouldn't be determined by the circumstances of your birth. (Applause.)



We've gone through a decade in which surpluses were turned into deficits, in which two wars were fought on a credit card, in which a few people were doing very well but more and more people were having trouble just getting by, no matter how hard they worked -- all of which culminated in the worst financial crisis of our lifetimes. And after that crisis, that dream seemed even more tattered, even more frayed.


And because of the incredible resilience and the incredible hard work, the toughness of the American people, we've begun to see progress -- created over 4 million jobs over the last three-and-a-half years -- (applause) -- 800,000 in the last few months alone. (Applause.) When some were saying let's go ahead and let Detroit go bankrupt, we bet on the American worker and American industries. (Applause.) And today the U.S. auto industry is back on top and getting stronger. (Applause.)


And so the debate in this election is not whether we have more work to do. Of course the economy is not where it needs to be. Of course there are too many folks still struggling. Of course we need to do better. These challenges were built up over years. They weren't created overnight; they weren't going to be solved overnight. But the debate in this election is how do we grow the economy faster? How do we create more jobs? Moving forward, how do we create more opportunity? How do we pay down our debt? How do we reclaim that basic bargain that makes America the greatest nation on Earth? How do we do it?


Now, what's holding us back from meeting these challenges -- as much progress as we've made -- what's holding us back still is not a lack of big ideas, it's not a lack of technical solutions. All the options are out there. Everybody knows what's holding us back is a stalemate in Washington between two fundamentally different visions of which direction we should go.

And this election is your chance to break that stalemate. This election is your chance to move this country forward. (Applause.) This is your choice. (Applause.)


And that's not an exaggeration. Just last week, it was reported that Governor Romney's old firm owned companies that were "pioneers" -- this is not my phrase, but how it was described in the report -- "pioneers" in the business of outsourcing American jobs to places like China and India. Yesterday, his advisors tried to clear this up by telling us that there was a difference between "outsourcing" and "off-shoring." (Laughter.) Seriously. You can't make that up. (Laughter and applause.)

What Mr. Romney and his advisors don't seem to understand is this: If you're a worker whose job went overseas, you really don't need somebody explaining you the difference between outsourcing and offshoring. (Laughter.) What you need is somebody who is going to wake up every day fighting to make sure that investments and jobs are happening here in Massachusetts, and here in the United States of America. That's what you need. (Applause.)


And this particular commitment to outsourcing isn't just part of his record. It's part of an overall economic theory that Republicans in Congress want to implement if they win this election. It's been voted on in Congress. It's right there on Governor Romney's website. They promise to roll back all kinds of regulations on banks and polluters, insurance companies, oil companies. They don't want to just keep all of the Bush tax cuts in place, including tax cuts for folks who don't need them and weren't asking for them; they want to add another $5 trillion in tax cuts on top of that, including a 25 percent tax cut for every millionaire in this country.

Now, you may be wondering, how do they spend $5 trillion on new tax cuts and still keep a straight face when they say that their plan would reduce the deficit? This is a good question that you're asking yourselves. (Laughter.) Boston has a lot of smart people in it. (Laughter.) And I'm sure that we probably have some MIT grads here. (Applause.) See -- math majors, they're thinking $5 trillion, all right, how does that add up?

Well, they start by proposing a trillion dollars in cuts to things like education and training, medical research, clean energy. But that's only a trillion dollars, so that's not enough. So then they propose eliminating health care for about 50 million Americans and converting Medicare into a voucher program. But that's still not enough. So then they also have to effectively raise taxes on the middle class by taking away tax deductions for everything from health care, college, retirement, homeownership -- which could cost families thousands of dollars.


Now, if you're a person who thinks this plan sounds like a good idea, if we want to try the same policies that we just implemented in the last decade and did not work -- those folks should vote for Mr. Romney. They should reelect the Republicans who have been running this Congress. And together, I promise you this is the path they'll take America down. They're more than qualified to do it. (Laughter.)


We do not need more top-down economics. We need a plan for better education and training so that our young people can take advantage of the marketplace; for energy independence and innovation and infrastructure. And we need a tax code that encourages companies to create jobs here in the United States, and a tax code that asks the wealthiest Americans to help pay down our deficit. That's what we need. (Applause.) That's what we need. (Applause.)


I don't believe we should be in the business of helping people who refuse to help themselves. I don't think government can solve every problem. But I do share this basic belief with our first Republican President, Abraham Lincoln, who said that through government we should do together what we cannot do as well for ourselves, -- (applause) -- that there is a place for us to work on the common good, that there's a common good that we invest in together.

That's how we built this country -- together. We built railroads and highways -- together. We built the Hoover Dam and the Golden Gate Bridge -- together. We sent my grandfather's generation to college on the GI Bill -- together. We invented -- we invested in basic science that led to unimaginable discoveries -- we did those things together. Because we understood it made us all better off. It gave us all opportunity -- because it created a platform where everybody could succeed.

If you were willing to work hard, you could succeed -- in part, because we had great schools, and we had built great roads, and we had a system in place that made sure that investors weren't cheated when they put money into the stock market, and bank deposits were guaranteed, and polluters didn't run wild. All those things made us, together, better off and allowed us to succeed as one people, as one nation. (Applause.)

That's the true lesson of our past. That is the right vision for our future. And, Boston, that is why I'm running for a second term as President of the United States -- because I want to move that vision forward. (Applause.) I want to move that vision forward. (Applause.)

I'm running to make sure that every American has a chance to get the skills and training that today's jobs require. I want to recruit an army of new teachers. (Applause.) I want to pay them better. I want to hire more in areas like math and science. I want to give 2 million more Americans the chance to go to community colleges and learn skills that local businesses are looking for right now. (Applause.) And I want to make higher education affordable for every American who's willing to work for it -- not just by offering more loans and financial aid, but by bringing down the cost of college tuition -- (applause) -- because this is no longer an economic luxury. Every young American needs the skills and the training to succeed in the 21st century economy. (Applause.)


I'm running so that we have a future where we control our own energy. That's good for our economy, it's good for our national security, it's good for our planet. (Applause.) We need to end subsidies for oil companies that are making plenty of money on their own, and double down on a clean energy industry that's never been more promising -- in wind power and solar power, and biofuels and fuel-efficient cars. (Applause.)

I'm running to make sure that the United States becomes -- continues to be the best place on Earth for innovation and discovery.

And I'm proud that I kept the promise I made to you in 2008 -- we have ended the war in Iraq. (Applause.) We are transitioning out of Afghanistan.

So I want to start doing some nation-building here at home. (Applause.) I want to take half the money we're no longer spending on war, use it to put people back to work rebuilding our roads, rebuilding our runways, rebuilding our ports, building wireless networks, building high-speed rail. (Applause.) Investing more in research, investing more in science -- all those ingredients that made us an economic superpower. That's the choice in this election.

I'm running because we need to reduce our deficit, we need to manage our debt, and so I've put forward a plan -- $4 trillion of deficit reduction that is balanced and responsible, that allows us to cut spending we can't afford, strengthens programs like Medicare for the long haul, and, yes, reforms our tax code so that the wealthiest Americans pay a little bit more -- (applause.)

And just as Mr. Romney's theories and the Republicans in Congress, their theories have been tested, well, my theories have been tested as well, because that tax code that I described happened to be the tax code that was around when Bill Clinton was President, and we created 23 million new jobs, the biggest budget surplus in history. (Applause.) We created a whole lot of millionaires to boot. Businesses did just fine. (Applause.) And you know there are plenty of patriotic, successful Americans all across the country -- I meet them every day -- who'd be willing to make this contribution again because they understand there is such a thing as the common good. They understand that we're in this thing together.




You can decide whether we should restrict access to birth control or de-fund Planned Parenthood, or we can make a decision that in this country, women control their own health choices. That's a decision for you to make. (Applause.)

You can decide whether ending taxpayer bailouts of Wall Street banks was the right thing to do; whether protecting consumers from unscrupulous practices -- like Elizabeth fought for -- whether that's the right thing to do; whether preventing insurance companies from discriminating against people who are sick is the right thing to do; or allowing over 3 million young people to stay on their parent's health insurance plan, whether that's the right thing to do; or bringing down prescription drug costs for seniors was the right thing to do. (Applause.)

I think it was the right thing to do. (Applause.) I know it was the right thing to do. And it's your choice whether we keep moving forward. (Applause.)



And you can decide whether we continue to have elections where multi-million-dollar donations, $10 million checks speak louder than the voices of ordinary citizens.


THE PRESIDENT: This is going to be up to you.

This election will be close. It will be close because there are a lot of folks who are still going through a tough time. And even if they don't buy what the other side is selling, it's hard [sic] in this environment sometimes for people to feel discouraged, for cynicism to creep in.

And the other side, they feed on that. They will spend more money than we have ever seen in American history, and their message is very simple. They will just tell you that the economy is not where it needs to be, the economy is bad, and it's all my fault. (Laughter.) They'll tell you, Obama can't fix it because he thinks government is always the answer; or because he didn't make a lot of money in the private sector, so he's in over his head; or because Obama thinks everything is -- everybody is doing just fine. You'll just hear those messages over and over and over again. Scary voices in the ads. (Laughter.) Flashing at you. (Laughter.) That's what Mr. Romney will say. That's what the Republicans in Congress will say.




And if I see an elderly couple strolling through the park and they're holding hands, and I know that they've got the security and dignity of a retirement that eases their anxieties, yes, that makes me feel better about my country. It's good for my life. (Applause.)


And I've kept that promise. I've kept that promise, Boston. (Applause.) I believe in you. And if you believe in me, and if you agree with me about how we've got to give everybody a fair shot and we want everybody to do their fair share and we want everybody to play by the same rules, then I need you to stand with me for a second term as President. (Applause.)

I need you to knock on doors with me. I need you to make phone calls with me. I want all of you to understand that if you share this belief -- and I believe a vast majority of the American people do -- and, in fact, I think there are Republicans out there who do. (Laughter.) They just can't admit it right now. (Laughter and applause.) I'll work with anyone of any party who believes that we are in this together and believes that we will rise and fall as one nation, as one people. That's what we're fighting for right now.


So I hope you're ready. I hope you're ready. I hope you're still fired up. (Applause.) And if anybody asks you what this campaign is about, you tell them it's still about hope, and it is still about change, and we're going to finish what we started in 2008. (Applause.) We're going to move this country forward and remind the world why America is the greatest nation on Earth.


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